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RESEARCH PRACTICE

SPDR S&P 500 ETF Trust: start with the question.

SPY · Broad US equity

What diversification, costs, and concentration does the fund provide?

Areas to investigate.

  • Index exposure
  • Holdings concentration
  • Expenses

Begin with issuer information and original disclosures. Check the reporting period, identify supporting evidence, and separate assumptions from facts. These prompts do not value the investment or recommend a position.