en
SPY stock
/spaɪ stɑk/
Definition
1
In finance, 'SPY stock' is the informal name for the SPDR S&P 500 ETF Trust (ticker symbol: SPY), an exchange-traded fund that tracks the performance of the S&P 500 index, which includes 500 leading U.S. companies.
Examples
Instead of playing stock-picking roulette, I loaded up on SPY stock and pretended to be a passive investing pro.
My portfolio's secret weapon? A hefty dose of SPY stock, because who has time to analyze 500 companies over coffee.
When crypto bros panic-sell, I just sip my latte and watch my SPY stock shrug off the drama like a Wall Street zen master.
Grandpa's advice: 'Buy SPY stock and forget it' – turns out, amnesia is the best investment strategy.