Things to Keep in Mind
While SPY offers many advantages, it's essential to consider:
- Market Risk: As an ETF, SPY's value can fluctuate with the stock market. It's subject to the ups and downs of the economy and the performance of the underlying stocks.
- Inflation Risk: Rising prices can erode the value of your investment over time.
- Credit Risk: If one or more companies in the SPY portfolio experience financial difficulties or bankruptcy, it could reduce the ETF’s value.
- Liquidity Risk: SPY is highly liquid, but extreme market conditions could make it harder to buy or sell shares when desired.4
- Lack of International Exposure: SPY invests only in U.S. companies, so it reflects the performance of the U.S. economy.
Build Your Retirement with SPY and PensionBee
SPY offers a straightforward, cost-effective way to invest in the U.S. stock market, making it a practical foundation for retirement planning. Whether you’re starting to build your retirement savings or looking to consolidate existing accounts, PensionBee and SPY offer:
- Broad market diversification
- Low investment costs
- Long-term growth potential tied to the U.S. economy
- High liquidity and transparency
That's why SPY is at the heart of most PensionBee investment portfolios, giving you professional-grade investing powered by State Street.
Simplify Your Retirement Planning with PensionBee
To make retirement planning even simpler, PensionBee helps you consolidate all your old 401(k)s and IRAs into one transparent account so you can see exactly where you stand.
Many rollovers happen automatically, but if yours needs extra attention, our personal rollover managers (called BeeKeepers) guide you through every step. With five investment portfolios built with ETFs powered by State Street, you can keep your focus on growing your savings and preparing for the retirement you want.
Footnotes
- Bloomberg Finance, L.P., as of January 31, 2026.
- As of 31 December 2025.
- Bloomberg Finance, L.P, as of July 3, 2025, based on the S&P 500 Total Return Index for the period September 11, 1989 (inception) through June 30, 2025. The performance data quoted represents past performance. Past performance does not guarantee future results.
- Bloomberg Finance, L.P., as of December 31, 2025. Average 30-day notional dollar trading volume used to determine liquidity. Average shares traded based on average of trailing 12-month daily shares traded.
Important Risk Information
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Equity securities may fluctuate in value and can decline significantly in response to the activities of individual companies and general market and economic conditions.
Passively managed funds invest by sampling the index, holding a range of securities that, in the aggregate, approximates the full Index in terms of key risk factors and other characteristics. This may cause the fund to experience tracking errors relative to performance of the index.
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Frequent trading of ETFs could significantly increase commissions and other costs such that they may offset any savings from low fees or costs.
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