THE LONG GAME
2016 — 2025
SPX ARENA · SOURCES & RIGHTS

Credits, licenses & independence

SPX Arena is an independent educational and editorial comparison. The investors, firms and products discussed have not sponsored or endorsed this site. Images identify the people discussed; they do not imply endorsement.

Names and trademarks

S&P 500 and related index names are trademarks of their respective owners, including S&P Global and its affiliates. SPX is used to refer to the index. SPY identifies the SPDR S&P 500 ETF Trust. SPDR and related marks belong to their respective owners. SPX Arena is not affiliated with S&P Dow Jones Indices, S&P Global, State Street, or any investor or firm shown here. Company names, fund names and ticker symbols are used to identify the subjects discussed. Company logos and original ticker illustrations are documented below.

Company logos

The market scorecard, company weight chart and “The Simpler Route” illustration use company logos for editorial identification. These marks belong to their respective owners and do not imply affiliation or endorsement. Original ticker illustrations are credited separately below.

ETF issuer logos

ETF cards use the fund issuer’s logo to identify its fund family, with the individual ticker beneath it. Marks remain the property of their respective owners and do not imply affiliation or endorsement.

Portraits and image licenses

Each retained third-party image links to its source, author and license below. Only original color photographs or photographic interview frames with verified reuse licenses are published, with layout crops. AI-enhanced photographs are labeled and retain the original source license. Adaptations of ShareAlike images are offered under the same license as their originals; this does not license unrelated site content. Public-domain status is based on the source record and can differ outside the United States.

Original photos and reuse permission

Generated likenesses and drawings are not used as profile pictures. Where a suitable original color photo has not been cleared for reuse, the site shows “Photo unavailable” instead. A source website or photo credit alone does not grant permission to reproduce a photo.

Photo upscaling

Enhanced photos originate from the licensed photographic source linked in their credit. AI is used to improve low-resolution images and make profile crops, not to invent replacement portraits. The source photographer or publisher remains credited, changes are disclosed, and the adaptation retains the source license. Enhanced detail is reconstructed and may differ from the original recording. All photographs remain in color; no grayscale filter or AI colorization is used.

Original ticker tiles

SPX Arena dedicates its original ticker-tile SVG artwork to the public domain under CC0 1.0.

Historical data and calculations

Performance numbers are a dated factual research snapshot. Source links identify published reports and observations; they do not imply an index or market-data license. Charts and calculations are produced by this site. Source reports, photographs and publisher prose are not licensed by this notice. Daily-price-derived drawdown records are withheld pending verification of redistribution rights; displayed drawdowns use year-end observations and miss losses within a year.

Information is educational and is not personalized investment advice or a recommendation to buy or sell. Past performance does not guarantee future results. Calculator outcomes are hypothetical and exclude taxes, fees and inflation.

Software acknowledgments

The site uses open-source software. Third-party software license notices accompany the distributed application.