NVIDIA’s 43% Gain Powers 13.47% Stake in SPDR Growth ETF
SPDR S&P 500 Growth ETF’s largest holding is NVIDIA, representing 13.47% of assets and powering the fund’s 411% decade-long return via a 43% share price surge. Year-to-date, the ETF has dropped 3.05% while the broader index held flat, underscoring concentration risk in tech-heavy portfolios.
1. NVDA’s Role in SPDR Growth ETF
NVIDIA accounts for 13.47% of the SPDR S&P 500 Growth ETF, making it the fund’s largest holding and a primary driver of its performance metrics.
2. Past-Year Outperformance
Shares of NVIDIA surged 43% over the past year, contributing significantly to the ETF’s 411% return over the last decade compared with the broader S&P 500’s 265%.
3. YTD Volatility Highlights Concentration Risk
The ETF’s 3.05% drop year-to-date, while the broader index held flat, illustrates how heavy reliance on a few tech giants like NVIDIA can amplify losses during market shifts.