SPDR S&P 500 ETF Trust (SPY)
| Assets | $719.35B |
| Expense Ratio | 0.09% |
| PE Ratio | 26.66 |
| Shares Out | 1.04B |
| Dividend (ttm) | $7.28 |
| Dividend Yield | 1.07% |
| Ex-Dividend Date | Dec 19, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 28.47% |
| Volume | 74,282,667 |
| Open | 687.14 |
| Previous Close | 687.01 |
| Day's Range | 681.71 - 687.36 |
| 52-Week Low | 481.80 |
| 52-Week High | 691.66 |
| Beta | 1.01 |
| Holdings | 504 |
| Inception Date | Jan 22, 1993 |
About SPY
Fund Home PageThe SPDR S&P 500 ETF Trust (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
39.19% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.74% |
| Apple Inc. | AAPL | 6.85% |
| Microsoft Corporation | MSFT | 6.15% |
| Amazon.com, Inc. | AMZN | 3.84% |
| Alphabet, Inc. | GOOGL | 3.10% |
| Broadcom Inc. | AVGO | 2.81% |
| Alphabet Inc. | GOOG | 2.48% |
| Meta Platforms, Inc. | META | 2.46% |
| Tesla, Inc. | TSLA | 2.17% |
| Berkshire Hathaway Inc. | BRK.B | 1.57% |
Dividends
| 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 17.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.69%.
News
S&P 500 Gains 17% in 2025 — Did Benzinga Readers Nail The Prediction?
The S&P 500, which is tracked by the SPDR S&P 500 ETF Trust (NYSE: SPY), set several record highs in 2025 and ended the year in positive territory. Here's how Benzinga readers' year‑end prediction sta...
Expect a 'jump, slump, and a pump' for S&P 500 in 2026, says Piper Sandler's Craig Johnson
Piper Sandler's Craig Johnson joins 'Power Lunch' to share his market prediction heading into the new year.
20 stocks in the S&P 500 that gained the most in 2025
As we near the end of another excellent year for the broad U.S. stock market, it is time to show a list of the best performers in the S&P 500, but also to put the market's gains into some perspective.
Consider Selling BDCs Due To Lower Rates? Here's Why It's A Bad Idea
BDC net investment income levels are declining as the Fed lowers rates. Despite lower base rates, I see no reason to rotate out of the BDC sector. In the article I detail how BDCs have outperformed th...
Best Dividend Aristocrats For January 2026
The ProShares S&P 500 Dividend Aristocrat ETF (NOBL) underperformed SPY in 2025, gaining 7.2% versus SPY's 18.42%. Despite average underperformance, select Aristocrats like CAH (+74.18%), ALB (+66.90%...
How a Divided Fed Could Define the S&P 500 in 2026
Home prices increased, but sales are still projected to rise in 2026, many households could see higher winter heating bills, Trump Media launches five “America First” ETFs, and more news to start your...
S&P 500 Falls For Third Session: Investor Sentiment Declines, Fear & Greed Index Remains In 'Neutral Zone
The CNN Money Fear and Greed index showed further decline in the overall market sentiment, while the index remained in the “Neutral” zone on Tuesday.
David Rosenberg Says Markets Are Propped Up by the S&P 500 and What That Means for 2026
As investors look ahead to 2026, markets are largely pricing continuity, with equity valuations assuming earnings growth remains intact, credit markets expecting refinancing to stay orderly, and polic...
2026 S&P 500 Outlook: Why The Index Will Hit 8,300
I target the S&P 500 at 8,300 for 2026, a ~20% gain, despite consensus expecting 15% earnings growth. Index concentration in the top 10 names, especially AI hyperscalers, means directionally correct c...
SPY: Market Expects 14.4% Earnings Growth In 2026, Can Double-Digit Return Continue?
The Santa Claus rally appears to have been pulled forward, pushing the S&P 500 close to 7,000, with low volatility expected in the final trading week of 2025. Although the index's elevated valuation i...
US midday market brief: S&P 500 dips after record week; tech names weigh on markets
US stocks retreated on Monday as the S&P 500 pulled back from its record highs reached during last week's “Santa Claus Rally,” with technology and AI-linked names, including Nvidia, Tesla, and Palanti...
S&P 500 Outlook For 2026: Despite Some Cracks, Onwards And Upwards
The article forecasts the S&P 500 to grind higher in 2026, targeting a year-end level of 7,465, or ~7% growth. Structural support from passive fund flows and accommodative US government fiscal policy ...
2026 Market Outlook: S&P 500 Looks Expensive, But Biotech Could Outperform Under The Hood
2025 market gains were strong but heavily concentrated in megacap tech, setting up a potential 2026 rotation toward broader participation. I expect a neutral-to-slightly positive 2026 for SPY, with up...
S&P 500 2026 Market Outlook: Sector Growth Expected To Be Skewed
I maintain a Buy rating on the S&P 500 (SPY), but expect flat performance in 2026 with a 7,014 year-end target. Sector-focused strategies in industrials and basic materials, especially data center inf...
2026 S&P 500 Outlook: A Market Built On Proof, Not Promises
I expect the S&P 500 to finish 2026 at 8,200, driven by AI monetization, easing financial conditions, resilient economic growth, and improving investor risk appetite. Years of capital investment in ar...
S&P 500 2026 Outlook: Why The Fed Is The Whole Story
Key 2026 investment themes include AI-driven market dynamics, macroeconomic headwinds, and U.S. government debt management challenges. Relatively high price‑to‑earnings multiples are easier to justify...
S&P 500 Outlook 2026: Gold, Silver And Defense Raw Materials - Growth Opportunities
The U.S. stock market's 2026 SPX price target is set at $7,700, reflecting optimism for precious metals and defense-related sectors amid recession risks. Gold and silver are expected to outperform, dr...
The Financial Freedom Blueprint I Used To Achieve The Optionality To Retire In My 30s
My durable income investing journey centers on three strategic levers: aggressive saving, income focus, and unemotional logic. Prioritizing savings as the first budget item and delaying gratification ...
NASDAQ Index, S&P 500 and Dow Jones Forecasts – US Indices Pull Back in Early Monday Trading
The Nasdaq 100 has pulled back a bit in early trading on Monday, which makes a certain amount of sense considering that we had rallied a bit over the previous 4 or 5 sessions.
Looking ahead to 2026: S&P 500 forecast by Goldman Sachs, UBS, JPMorgan, HSBC, Yardeni
The S&P 500 Index had another strong bull run this year, continuing a trend that has been going on since 2022. It jumped to a record high of $6,930, up by 17% from its January levels, adding trillions...
S&P 500 hits new highs, flight cancellations, the restaurant industry's value push and more in Morning Squawk
The S&P 500 rose to a fresh intraday record on Friday and notched a winning week. Thousands of flights were canceled or delayed over the weekend as a major winter storm hit the Northeast U.S.
Stock Market Today: Dow Futures Rise, S&P 500, Nasdaq Slip Ahead Of New Year's Week—Target, Coupang, Taiwan Semiconductor In Focus
U.S. stock futures swung between gains and losses on Monday after Friday's slightly lower close. Futures of major benchmark indices were mixed.
S&P 500 Edges Lower But Records Weekly Gain: Investor Sentiment Weakens, Fear Index Remains In 'Greed' Zone
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Greed” zone on Friday.
Market Outlook For 2026: Optimistic About Europe
I expect modest US equity gains in 2026, with the S&P 500 ending near 7,110 and Dow outperforming tech-heavy indices. European markets face greater uncertainty, but potential peace in Ukraine could lo...
2026 S&P 500 Outlook: Earnings Growth, Macro Are Supportive Of High Single-Digit Gains
I anticipate the S&P 500 index to finish at 7,550 in 2026, delivering a gain of close to 9% from the current level of 6,930. The main assumptions behind my stance are the 14.4% EPS growth rate and a P...
Best Dividend Kings: December 2025
Dividend Kings underperformed SPY in 2025, up 4.47% vs. SPY's 17.7%, but select Kings outperformed the index. Twenty-two Dividend Kings are identified as both potentially undervalued and offering long...
S&P 500 to 7,500 in 2026?
Steven Orr from Quasar Markets thinks the bull market will continue in 2026, sees A.I. continuing to rally and investment strategies for the new year.
'Closing Bell' market panel talks S&P 500 hitting intra-day record
Ryan Detrick, Carson Group, Scott Chronert, Citi, and Yung-Yu Ma, KBW, join 'Closing Bell' to talk the state of the markets as the S&P 500 retreats from an intraday high.
Citi Research's Rob Rowe on the firm's 2026 S&P 500 target of 7,700
Rob Rowe, head of global strategy at Citi Research, joins ‘Money Movers' to discuss his 2026 outlook, the firm's S&P 500 target, and more
NASDAQ Index, S&P 500 and Dow Jones Forecasts – US Indices Quiet in Thin Trading
The NASDAQ 100 is slightly positive in pre-market trading, but keep in mind Friday of course will be one of those sessions where we end early, and of course, traders more likely than not won't be both...
Wall St Week Ahead S&P 500 eyes 7,000 mark as investors look for upbeat end to strong 2025
Investors are looking for the U.S. stock market to end 2025 on a high note next week, with equities at record peaks and nearing further bullish milestones to close out another strong year.
S&P 500 Hits New Record High: Investor Sentiment Improves Further, Fear Index Remains In 'Greed' Zone
The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index remained in the “Greed” zone on Wednesday.
SPY: Structural Risk To Valuation Requires Caution Or Hedges For 2026
SPDR S&P 500 ETF faces structural valuation risks in 2026, including Fed independence, fiscal dominance, geopolitics, and AI infrastructure uncertainty. SPY's forward PE exceeds 25x; a reversion to 16...
S&P 500 at New High Entering Christmas
In Wednesday's half-day of trading, Kevin Hincks looks at the latest weekly Jobless Claims and MBA Mortgage Application data, and what it could mean for the overall economy. Gold and Silver futures co...