State Street® SPDR® US Large Cap Low Volatility Index ETF

What this fund is

State Street® SPDR® US Large Cap Low Volatility Index ETF is an exchange-traded fund (ETF) from SPDR, traded under the ticker LGLV (ISIN US78468R8043). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread across its target market. It follows the State Street^® US Large Cap Low Volatility Index index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include WELLTOWER INC, REALTY INCOME CORP and DUKE ENERGY CORP.

It holds around 174 positions (the ten largest ≈ 15.6%), spreading risk so no single holding decides your outcome. Its heaviest sectors are ~20.9% Industrials and ~15.2% Real Estate. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.12% a year — about €12 a year on a €10,000 holding, taken automatically from the fund.

It holds the underlying investments directly (physical replication); it is domiciled in the United States and trades in USD. Its price has swung about 9.7% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2013. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from SPDR.)