SPDR Portfolio SP 500 Growth ETF (SPYG)

VettaFi’s vice chairman Tom Lydon discussed the SPDR Portfolio S&P500 Growth ETF (SPYG) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” Growth stocks have rallied recently while value has lagged since mid-June. Advisors are increasingly expressing optimism in the space as well: Bank of America reported that its the first time since August 2020 that fund managers are anticipating growth to outperform value, with 88% expecting inflation in the U.S. will decline in the next 12 months.  These perspectives have caused a rotation away from more defensive positions and back to sectors such as technology, energy, banks, and more, particularly given the recession risk outlook and value's historic outperformance exiting a recession versus entering one.  SPYG is a low-cost ETF that offers exposure to some of the strongest growth stocks within the S&P 500.