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SPDR S&P 500 ETF Trust · NYSE Arca: SPY

How to buy the S&P 500 (SPY ETF) from Chile

On Skipo you invest in SPYx, a tokenized version that tracks the price of SPDR S&P 500 ETF Trust (NYSE Arca: SPY), with Chilean pesos, from CLP 1,000 and any day of the week.

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What is SPY?

  • SPDR S&P 500 ETF Trust

    SPY is an ETF that tracks the S&P 500 index, made up of 500 large companies listed in the United States. One asset gives you exposure to all of them.

  • SPYx on Skipo

    SPYx is a token issued by Backed Assets (JE) Limited that tracks the price of SPY. You buy it from CLP 1,000 and can sell it 24/7, even when the New York market is closed.

  • Dividends reinvested

    If the underlying pays dividends, they are automatically reinvested in your balance of the same xStock.

  • Pesos in, pesos out

    You fund your account by bank transfer in Chilean pesos and, when you sell, withdraw pesos to your bank in Chile.

How to buy SPYx on Skipo

  1. Download the Skipo app and verify your identity.
  2. Deposit Chilean pesos from your bank by transfer (from CLP 500).
  3. Search for SPYx, enter the amount (from CLP 1,000) and check the price before confirming.
  4. Sell whenever you want and withdraw your pesos to your bank.

What you should know before investing

  • SPYx is not a share registered in your name: it is a token that tracks the price of SPY. It does not give voting rights.
  • The price of SPY goes up and down, and so does SPYx. You can lose part of what you invest; past performance does not predict future returns.
  • Concentrating your savings in a single asset raises your risk. Invest only what you are prepared to risk.
  • Read the full xStocks terms and conditions and the fees before investing.

Frequently asked questions

Yes. On Skipo you buy SPYx, which tracks the price of SPY, with Chilean pesos and from CLP 1,000.

It is an xStock: a blockchain token issued by Backed Assets (JE) Limited that is designed to track the price of SPDR S&P 500 ETF Trust. According to its issuer, each token is backed by the underlying asset.

Yes. SPYx can be bought and sold 24 hours a day, 7 days a week, including when the New York Stock Exchange is closed.

Fees for each trade are published on Skipo's fees page and shown in the app before you confirm.

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