State Street SPDR S&P 500 ETF (SPY)
| Assets | $700.61B |
| Expense Ratio | 0.09% |
| PE Ratio | 26.66 |
| Shares Out | 1.02B |
| Dividend (ttm) | $7.28 |
| Dividend Yield | 1.05% |
| Ex-Dividend Date | Dec 19, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 28.00% |
| Volume | 56,368,437 |
| Open | 690.18 |
| Previous Close | 687.35 |
| Day's Range | 690.10 - 693.68 |
| 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
37.07% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.94% |
| Apple Inc. | AAPL | 6.82% |
| Microsoft Corporation | MSFT | 4.90% |
| Amazon.com, Inc. | AMZN | 3.44% |
| Alphabet Inc. | GOOGL | 3.07% |
| Broadcom Inc. | AVGO | 2.61% |
| Alphabet Inc. | GOOG | 2.45% |
| Meta Platforms, Inc. | META | 2.36% |
| Tesla, Inc. | TSLA | 1.95% |
| Berkshire Hathaway Inc. | BRK.B | 1.54% |
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 17.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.67%.
News
SPY: Tariff Troubles (And Other Developments) Dampen Some Optimism
My optimism on the S&P 500 has diminished since first sharing the outlook for 2026 in December. A number of challenges plague the index right now.
VIDEO: ETF of the Week: RSP
On this episode of the “ETF of the Week” podcast, VettaFi's Head of Research Todd Rosenbluth discussed the Invesco S&P 500 Equal Weight ETF (RSP) with Chuck Jaffe of Money Life. The pair discussed sev...
Midterm Year Slump And Post-Election Bump: Simulating Returns For The S&P 500 Through 2027
The S&P 500 is rated Hold due to balanced headwinds and tailwinds through the 2026 midterm cycle. Historical patterns and Monte Carlo simulations suggest a likely correction before the 2026 election, ...
Dow, S&P 500, Nasdaq futures rise after Trump delivers State of the Union, Nvidia earnings loom
Daily Market Coverage Feb. 25, 2026 9AM-11AM (ET) | Yahoo Finance US stock futures edged higher on Wednesday as Wall Street reacted to Trump's State of the Union address and braced for Nvidia's earnin...
NASDAQ Index, S&P 500 and Dow Jones Forecasts – US Indices See Lackluster Action Early
The US indices continue to see a lot of noise, as traders worry about the tariff situation, as well as the Federal Reserve, and what they are doing with monetary policy.
Weekly Economic Snapshot: Inflation Heat Meets a Cooling Economy
The U.S. economy sent conflicting signals last week as a sharp deceleration in growth collided with unexpectedly stubborn inflation. While the S&P 500 managed to break its recent losing streak, the Fe...
Citrini research: S&P 500 to drop 38% from 2026 highs by June 2028
In a sweeping and provocative macro-analysis titled "The 2028 Global Intelligence Crisis," Citrini Research has outlined a sobering vision of a financial future where the very success of Artificial In...
S&P 500: Best Case Scenario? Another Failed Rally (Technical Analysis)
The S&P 500 faces mixed technical signals. This article weighs out the pros and cons. Despite no decisive reversal, repeated failure at key levels and exhaustion signals point to increased downside ri...
My 4 Favorite 2-ETF Pairs For The Rest Of 2026
The article emphasizes the importance of delivering what investors or consumers demand. It highlights a strategic focus on aligning offerings with market preferences to drive success.
What Real Estate Investors Get Wrong About REITs
Research shows REITs outperform private real estate by 2–4% annually, with less risk and effort. Yet, investors will often favor private real estate due to many misconceptions. Here is what investors ...
The Outlook For S&P 500 Dividends In February 2026
The outlook for the S&P 500's dividends generally improved since the previous snapshot of their future. For the five quarters in our forecast window, four showed solid gains, while one had a small dec...
Dow Jones, S&P 500 futures in red before GDP, tariff ruling
US stock index futures were slightly in red on Friday as investors awaited key economic data, monitored geopolitical developments, and looked ahead to a potential Supreme Court ruling on President Don...
Stock Market Today: Dow Jones, S&P 500 Futures Rise Ahead Of Q4 GDP Numbers—Grail, Candel Therapeutics, Copart In Focus
U.S. stock futures rose on Friday after closing lower on Thursday. Futures of all the major benchmark indices were positive.
Stock Market Today: S&P 500, Nasdaq 100 Futures Fall Amid Escalating US-Iran Tensions—Walmart, DoorDash, eBay In Focus
U.S. stock futures dropped on Thursday after closing higher on Wednesday. Futures of all the major benchmark indices were lower.
Morgan Stanley's Wilson Says AI Cycle Just Getting Going
Morgan Stanley Chief US Equity Strategist and CIO Mike Wilson explains why the firm stands by its $7,800 price target for the S&P 500 Index by the end of this year and says it is premature to "throw a...
Velocity Amid Volatility: ETFs See $250B+ Inflows in 6 Weeks
The exit velocity from 2025 is continuing into 2026. Exchange-traded funds (ETFs) have already gathered over $250 billion in inflows in the first six weeks of the new year, proving that demand for the...
The Big 3: SPY, NKE, NEE
"Slop fest" is how @Theotrade's Don Kaufman describes the current market environment, urging caution as the market finds its footing on Wednesday's session. As for today's Big 3, he tilts bearish on t...
Earnings Hold The Line As Retailers Get Ready To Report Amid Major Sector Rotation And Tech Fallout
With 74% of S&P 500 companies reporting thus far, EPS growth for Q4 2025 currently stands at 13.2%. This week, 1,033 companies are expected to report, including results from Walmart, Palo Alto Network...
The S&P 500 Is Range-bound and Must Hold 6780 to Still Allow for an April Peak
We are tracking a complex ending diagonal final 5th wave, ideally targeting 7120 by mid-April. However, a break below 6780 strongly suggests that it already ended in January and that a ~20% correction...
Weekly Economic Snapshot: Labor Strength Meets Cooling Inflation
The U.S. economy began 2026 with a display of unexpected resilience in the labor market, even as long-term data revisions painted a more modest picture of 2025 growth. While consumer spending showed s...
S&P 500 Snapshot: Second Straight Loss
The S&P 500 finished the week with a loss of -1.4%, its second consecutive weekly decline. This was largely driven by a selloff on Thursday, sparked by concerns related to AI.
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.