The S&P 500, specifically the SPDR S&P 500 ETF (SPY), has provided impressive returns since its inception in 1993, with over 2,700% growth. Currently one of the largest ETFs with $700 billion in assets, it has consistently delivered strong average annual returns of 10.7%, leading to a cumulative return of 2,740%.
The makeup of the S&P 500 index has evolved over time, transitioning from energy and industrials to tech dominance. Tech now represents about 34% of the index, with financials fluctuating between 22% and single digits. Despite market events like the tech bubble and financial crisis, long-term investments in the S&P 500 have proven successful.
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Read more at Yahoo Finance: If You’d Thrown $1,000 at the SPDR S&P 500 ETF 33 Years Ago, Here’s the Jaw-Dropping Amount You’d Have Now
