SPY 📈 SPDR S&P 500 Trust - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US78462F1030 • Large Blend
SPY: Stocks, Equities, US, Companies
The SPDR S&P 500 ETF Trust is designed to track the performance of the S&P 500 Index, a widely recognized benchmark for the US stock market. To achieve this, the Trust maintains a portfolio of common stocks that are components of the index, with each stock's weight in the portfolio closely mirroring its weight in the index. This approach enables investors to gain broad exposure to the US large-cap market, providing a diversified portfolio that spans various sectors and industries. The Trust's portfolio is periodically rebalanced to ensure that its composition remains in line with the underlying index.
As a US-domiciled investment vehicle, the SPDR S&P 500 ETF Trust is subject to the regulatory framework of the United States. The Trust's issuer, State Street Global Advisors, is a well-established provider of exchange-traded funds (ETFs) and has a long history of managing index-based investment products. The Trust's website, http://www.spdrs.com, offers a range of resources and information for investors, including product details, performance data, and educational materials. With its large blend ETF category classification, the SPDR S&P 500 ETF Trust is suited for investors seeking core US equity exposure, and its ISIN code, US78462F1030, can be used to identify the product in trading and settlement systems.
The S&P 500 Index, which the Trust seeks to track, is a float-adjusted market capitalization-weighted index that represents the US large-cap market. The index is widely regarded as a leading benchmark for the US stock market, and its components are selected and maintained by S&P Dow Jones Indices. The index's large and liquid constituents make it an attractive underlying for an ETF, as it provides a high level of trading efficiency and market accessibility. By investing in the SPDR S&P 500 ETF Trust, investors can gain exposure to the performance of the S&P 500 Index, which has historically provided long-term growth and income opportunities for investors.
Additional Sources for SPY ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
SPY ETF Overview
Market Cap in USD | 640,210m |
Category | Large Blend |
TER | 0.10% |
IPO / Inception | 1993-01-22 |
SPY ETF Ratings
Growth 5y | 85.0% |
Fundamental | - |
Dividend | 50.5% |
Rel. Strength Industry | 605 |
Analysts | - |
Fair Price Momentum | 616.68 USD |
Fair Price DCF | - |
SPY Dividends
Dividend Yield 12m | 0.86% |
Yield on Cost 5y | 1.71% |
Annual Growth 5y | 3.38% |
Payout Consistency | 98.9% |
SPY Growth Ratios
Growth Correlation 3m | 84.7% |
Growth Correlation 12m | 96.8% |
Growth Correlation 5y | 84.4% |
CAGR 5y | 14.58% |
CAGR/Mean DD 5y | 2.33 |
Sharpe Ratio 12m | 1.57 |
Alpha | 0.00 |
Beta | 1.00 |
Volatility | 24.20% |
Current Volume | 124010.4k |
Average Volume 20d | 46883.1k |
As of December 21, 2024, the stock is trading at USD 591.15 with a total of 124,010,430 shares traded.
Over the past week, the price has changed by -2.16%, over one month by +0.11%, over three months by +4.03% and over the past year by +27.43%.
Yes. Based on ValueRay Analyses, SPDR S&P 500 Trust (NYSE ARCA:SPY) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 85.04 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of SPY as of December 2024 is 616.68. This means that SPY is currently overvalued and has a potential downside of 4.32%.
SPDR S&P 500 Trust has no consensus analysts rating.
According to ValueRays Forecast Model, SPY SPDR S&P 500 Trust will be worth about 685.8 in December 2025. The stock is currently trading at 591.15. This means that the stock has a potential upside of +16%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 685.8 | 16% |