State Street SPDR S&P 500 ETF (SPY)
| Assets | $702.50B |
| Expense Ratio | 0.09% |
| PE Ratio | 26.66 |
| Shares Out | 1.03B |
| Dividend (ttm) | $7.28 |
| Dividend Yield | 1.07% |
| Ex-Dividend Date | Dec 19, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 28.47% |
| Volume | 96,258,042 |
| Open | 681.69 |
| Previous Close | 681.27 |
| Day's Range | 677.52 - 686.28 |
| 52-Week Low | 481.80 |
| 52-Week High | 697.84 |
| Beta | 1.01 |
| Holdings | 504 |
| Inception Date | Jan 22, 1993 |
About SPY
Fund Home PageThe State Street SPDR S&P 500 ETF (SPY) is an exchange-traded fund that is based on the S&P 500 index. The fund tracks a market cap-weighted index of US large- and mid-cap stocks selected by the S&P Committee. SPY was launched on Jan 22, 1993 and is issued by State Street.
Top 10 Holdings
37.02% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.77% |
| Apple Inc. | AAPL | 6.62% |
| Microsoft Corporation | MSFT | 5.11% |
| Amazon.com, Inc. | AMZN | 3.32% |
| Alphabet Inc. | GOOGL | 3.07% |
| Broadcom Inc. | AVGO | 2.67% |
| Alphabet Inc. | GOOG | 2.46% |
| Meta Platforms, Inc. | META | 2.42% |
| Tesla, Inc. | TSLA | 2.00% |
| Berkshire Hathaway Inc. | BRK.B | 1.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $1.99337 | Jan 30, 2026 |
| Sep 19, 2025 | $1.83111 | Oct 31, 2025 |
| Jun 20, 2025 | $1.76112 | Jul 31, 2025 |
| Mar 21, 2025 | $1.69553 | Apr 30, 2025 |
| Dec 20, 2024 | $1.96555 | Jan 31, 2025 |
| Sep 20, 2024 | $1.74553 | Oct 31, 2024 |
Performance
SPY had a total return of 14.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.63%.
News
NASDAQ Index, S&P 500 and Dow Jones Forecast – US Indices Attempt Overnight Recovery Despite Holiday
The United States markets continue to see a lot of the same kind of action in the overnight electronic trading session. However, the markets are dealing with the President's Day holiday closing market...
If I Had To Retire With 2 BDCs, These Would Be My Picks
The BDC sector faces mounting risks: falling base rates, spread compression, and rising credit issues, driving a ~23% index drawdown in 12 months. Dividend cuts have accelerated, with 12 out of ~55 BD...
Undisruptable: How Dividend Stocks Became Market Leaders - And Why That Scares Me
Dividend stocks and defensive sectors have dramatically outperformed as investors flee AI-vulnerable and AI-spending industries, but valuations now appear stretched. Consumer staples and energy sector...
S&P 500: These 2 Number Worry Me More Than High P/E
The S&P 500 faces heightened risk from a historically high FINRA margin balance ratio and the dominance of passive trading strategies. Elevated margin leverage and algorithmic trading create a momentu...
NASDAQ Index, Dow Jones 30 and S&P 500 Forecast – US Indices Continue to Stay in a Range
US indices look likely to bounce after the CPI numbers came out as expected. The US stock market continues to work its way through earnings season, as traders are looking for some kind of momentum.
10 Cheapest S&P 500 Software Stocks Ranked After The Recent Repricing
SaaS stocks near 52-week lows may present selective opportunities for disciplined, long-term investors. A quality screen highlights large-cap names with strong ROA and improving valuation metrics. Ado...
S&P 500 Erases Year's Gains, Asia Prospers: 3-Minute MLIV
Anna Edwards, Guy Johnson, Tom Mackenzie and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Stocks are swinging like crazy while the S&P 500 goes nowhere in 2026. Investors might not like what comes next.
At first blush, there doesn't appear to be a whole lot happening with the S&P 500 in 2026. But dig a little bit deeper, and it is a whole different story.
Why energy is the best-performing sector in the S&P 500 so far this year
The energy sector has been the best-performing sector in the S&P 500 this year — and it's not just because risks to global oil flows, tied to Venezuela and Iran, have boosted crude prices by more than...
S&P 500: Picking Winners And Losers In The 20 Biggest Names
The 20 largest S&P 500 stocks drive index performance, with extreme concentration at the top and mixed technical and valuation signals. Current technical analysis reveals only three top-20 stocks—AAPL...
NASDAQ Index, Dow Jones 30 and S&P 500 Forecast – US Indices Ready to Rise
US indices look like they're ready to start moving at this point; the buyers seem to be aggressively defending drops anytime we get them. At this point, I remain bullish.
S&P 500 and Dow Jones futures rise after strong jobs data, CPI in focus
US stock index futures moved modestly higher on Thursday after a stronger-than-expected labor market report eased fears of an economic slowdown, though investors grew more cautious about the outlook f...
2026 Is About Volatility And 10%+ Covered Call Yields
Volatility and dispersion are the likely key themes for 2026. The sky-high valuations and increasingly shaky economic/financial fundamentals support that view. At the same time, the market's "put mech...
S&P 500, Dow Jones futures in green as markets await US jobs report, CPI data
US stock index futures traded cautiously on Wednesday as investors focused on the delayed January jobs report and upcoming inflation data, while corporate earnings and policy developments added to unc...
State Street Strategist Arone Says Bullish Surge Will Propel S&P 500 To 8,000 In 2026
While the Wall Street consensus for the S&P 500 in 2026 is a conservative 7% to 10% gain, State Street's chief investment strategist believes the benchmark index could surge roughly 15% from current l...
Covered Call ETFs Look Perfect Until You Notice This Potential Fatal Flaw
The income looks irresistible, but the math tells a different story. A hidden risk could quietly erode long-term wealth. Why retirees may be better off skipping - or at the very least strictly limitin...
S&P 500 Outlook 2026: Rising Volatility Risk And Key Support Levels
Now that we have completed the first month of 2026, nearly every major cycle we track, including the predominant one we are following, is suggesting a period of volatility ahead. The Magnificent 7 hav...
Two 20%+ Yields That Have Entered Deep Bargain Territory
Recent AI and mega-cap growth volatility has impacted income-focused asset classes, underscoring the need for high-quality value and reliable current income streams. I structure my portfolio for an 8–...
Stock Market Today: S&P 500, Dow Futures Rise As Investors Await Delayed Data—Oracle, Credo Technology, Ford Motor In Focus
U.S. stock futures rose on Tuesday following Monday's positive close. Futures of major benchmark indices were higher.
Weekly Economic Snapshot: Jobs Data Softens While Consumer Sentiment Rises
The U.S. labor market showed further signs of cooling last week as private sector hiring slowed and job openings reached their lowest levels in over five years. While a brief government shutdown delay...
Covered Call ETFs Are Failing The Test, And It All Makes Sense
The surge of interest in covered call ETFs like those from YieldMax has reached the point where it is one of the more significant macro market risks for many investors. The recent bull market has mask...
S&P 500 Index, VOO, and SPY ETF catalysts to watch this week
The S&P 500 Index and its top ETFs like VOO and SPY staged a strong comeback on Friday as investors bought the dip in technology stocks after big companies revealed their AI spending details.
S&P 500, Dow Jones futures tick lower ahead of key US data week
US equity futures edged lower early Monday as investors prepared for a week dominated by economic data, Federal Reserve commentary, and fresh corporate earnings. The cautious tone followed a volatile ...
S&P 500 Earnings: Jump In S&P 500 EPS This Week; Japan Election This Weekend
Since the first week of October 2025, the overall S&P 500 expected EPS growth rate has risen from 10.8% on October 3, '25 to 14.3% as of February 6, '26, with most of that improvement coming from tech...
8%+ Dividends: 2 Retirement Income Powerhouses
The prospects for growth and asset price-based strategies meeting the necessary investment targets have clearly weakened. In this kind of environment, income-focused investors are much better position...
Revenge Of The Dividend Stocks
Dividend stocks have sharply outperformed AI-related tech stocks since November 2025, reversing a multi-year trend. I see the rally in dividend ETFs like SCHD as overextended, prompting a pause in new...
The S&P 500, Dow and Nasdaq Since 2000 Highs as of January 2026
The S&P 500, Dow Jones Industrial Average (Dow), and Nasdaq Composite are all stock market indexes used to measure the performance of various aspects of the U.S. stock market.
S&P 500 Snapshot: Best Day Since May
The S&P 500 experienced a mid-week slump before rebounding on Friday with its strongest single-day gain since May. The index ended the week down -0.1% but remains within reach of a new record high.
S&P 500 And XLP: Rotation To Value Funds Just Started
XLP and other value-oriented funds have sharply outperformed growth sectors and broad indices over the past 3–9 months. Fund flow data reveals investors are reallocating capital from growth-oriented a...
Chart Of The Day: SaaS-Pocalypse Now
Software stocks in particular, and tech stocks in general, are getting hammered. The MoneyShow Chart of the Day shows the YTD performance of the iShares Expanded Tech-Software Sector ETF (IGV), the St...
S&P 500 turns negative for 2026 as investors add job market to a growing list of worries facing Wall Street
The action in stocks on Thursday showed just how quickly simmering concerns in one corner of the market can boil over into a large-scale rout.
Sector Ratings For ETFs And Mutual Funds: Q1 2026
Telecom Services, Consumer Non-cyclicals, and Financials sectors each earn an Attractive-or-better rating for 1Q26, signaling strong fundamentals and favorable valuations. My ratings prioritize both b...
S&P 500: What If China's Record Trade Surplus Continues?
China's record $1.2T trade surplus in 2025 signals structural advantages such as high-value manufacturing and strategic export pivots. Such structural advantages can catalyze the Chinese Yuan to stren...