About the S&P 500
The S&P 500 is an index of about 500 of the biggest US listed companies, from Apple and Nvidia to banks and supermarkets. SPY, run by State Street, is the oldest US fund that tracks it, so one share gives you a small slice of all of them.
Buy the S&P 500 in your country
Pick your country for a short guide to buying SPYx, the token that tracks the S&P 500. Where the token isn't available, the guide explains why and what to do instead.
- S&P 500 in Indonesia
- S&P 500 in Nigeria
- S&P 500 in Vietnam
- S&P 500 in Philippines
- S&P 500 in Brazil
- S&P 500 in Turkey
- S&P 500 in India
- S&P 500 in Mexico
- S&P 500 in South Africa
- S&P 500 in ChinaToken not available
- S&P 500 in United StatesToken not available
- S&P 500 in Pakistan
- S&P 500 in BangladeshToken not available
- S&P 500 in Ethiopia
- S&P 500 in Japan
- S&P 500 in EgyptToken not available
- S&P 500 in DR CongoToken not available
- S&P 500 in IranToken not available
- S&P 500 in Germany
- S&P 500 in Tanzania
- S&P 500 in CanadaToken not available
- S&P 500 in AustraliaToken not available
- S&P 500 in New Zealand
- S&P 500 in EnglandToken not available
- S&P 500 in Ireland
Ways to get exposure to the S&P 500
You can't buy the index itself. You buy something that tracks it, and each option works a bit differently.
- US-listed ETFs such as SPY, VOO or IVV, through a broker that accepts people living in your country. You own fund shares.
- Local index funds or ETFs listed in your own country that track the S&P 500. Often the easiest choice where they exist.
- Tokenized ETFs such as SPYx: tokens backed by SPY shares held by the issuer. Rights and redemption depend on the issuer's terms.
- Derivatives such as CFDs: contracts that pay the price difference. You never own any fund shares and may face leverage and overnight costs.
Questions to ask before buying a tokenized version
- Who is the issuer, and in which jurisdiction is it regulated?
- Are the underlying fund shares held 1:1 by a named custodian?
- Are dividends passed on, and in what form?
- Can tokens be redeemed for shares or cash, and by whom?
- Is the product offered to residents of my country under the platform's terms?
Exposure types compared
| Type | What you own | Shareholder rights |
|---|---|---|
| Direct shares | Actual company shares via a broker | Usually dividends & voting |
| Tokenized securities | A regulated token or note from an issuer | Defined by issuer terms |
| Synthetic / derivative | A contract tracking the price | No shareholder rights |
| ETFs | Units in a fund holding many shares | Fund distributions |
| Price-tracking crypto | A crypto asset with no claim on shares | None |
Frequently asked questions
Is SPYx the same as owning SPY?
Not quite. SPYx is issued by xStocks, which holds SPY shares to back each token 1:1. You get the price moves and reinvested dividends, but you hold a claim on the issuer, not SPY shares in your own name.
Sources
- 1.SPDR S&P 500 ETF Trust (SPY) fund page
State Street Global Advisors · official
- 2.S&P 500 index page
S&P Dow Jones Indices · official
- 3.Kraken xStocks price list (SPYx)
Kraken · platform
Last updated .