UBS Core S&P 500

ETF description

This ETF aims to track the performance of the S&P 500 Index, which includes 500 of the largest publicly traded companies in the United States. These companies span various sectors such as technology, healthcare, consumer goods, and financials, making it a broad representation of the U.S. stock market. The companies in the S&P 500 are generally large, established businesses with strong market positions, and they are often considered leaders in their respective industries.

For investors looking for exposure to the U.S. stock market, this ETF provides a way to invest in a wide range of sectors and companies with a single investment. It can be suitable for those who seek long‑term growth by investing in large‑cap companies that are typically more stable than smaller companies. This ETF could appeal to investors who want a simple and diversified way to invest in some of the most well‑known and influential companies in the U.S., and it is often used as a core holding in a diversified portfolio.

Issuer details

UBS Asset Management is a leading global asset management firm and a subsidiary of UBS Group AG, managing over $1.2 trillion in assets as of June 2024. UBS offers a range of investment products covering various market segments. Founded in 1862, UBS Asset Management has a strong focus on sustainable investing and leverages its global reach with local expertise to provide innovative and client‑focused investment strategies.

Index details

The S&P 500 index is a stock market index which measures the performance of 500 large companies listed on stock exchanges in the United States.

The index is weighted by market capitalisation, meaning that larger companies have a higher weight in the index, and a greater influence on the index’s performance. It is one of the most commonly followed equity indices, and is often used by investors as a benchmark for the overall performance of the U.S. stock market.