The S&P 500 index tracks the top companies listed in the US, such as Apple, Tesla and Nvidia. Find out more about S&P 500 ETFs and uncover how to choose the best S&P 500 ETF as a Singaporean investor.
What happened?
The S&P 500 index entered a bull market earlier this week after rising more than 20% from its recent low in October 2022.
This led to a discussion in the Beansprout community about how investors in Singapore can get exposure to the S&P 500 through an ETF.
Let us dive deeper to understand what is a S&P 500 ETF, and how can can choose the best S&P 500 ETF.
What is the S&P 500 index?
The S&P 500 is a market-capitalization-weighted index that measures the performance of 500 large-cap US stocks.
These stocks cover a wide range of industries, including technology, healthcare, finance, consumer goods etc,.
The S&P 500 serves an important benchmark and has broad appeal, not only in the US but also globally (including Singapore)...