Spdr Sp 500 Etf Profile

SPY Etf  USD 523.07  0.10  0.02%   

Performance

18 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
SPDR SP is trading at 523.07 as of the 28th of March 2024; that is -0.02% down since the beginning of the trading day. The etf's open price was 523.17. SPDR SP has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for SPDR SP 500 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of December 2023 and ending today, the 28th of March 2024. Click here to learn more.
The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the index , with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the index. SP 500 is traded on NYSEARCA Exchange in the United States.. More on SPDR SP 500

Moving together with SPDR Etf

  0.76VTI Vanguard Total StockPairCorr
  0.77IVV IShares Core SPPairCorr
  0.74VIG Vanguard DividendPairCorr
  1.0VV Vanguard Large-Cap IndexPairCorr
  0.64RSP Invesco SP 500PairCorr
  0.77IWB IShares Russell 1000PairCorr

SPDR Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SPDR SP's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR SP or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
Showing 3 out of 4 themes
Business ConcentrationWarren Buffett Holdings, Investor Favorites, Large Cap ETFs, Size And Style ETFs, Large Blend, SPDR State Street Global Advisors (View all Sectors)
IssuerSSgA
Inception Date1993-01-22
BenchmarkS&P 500 Index
Entity TypeRegulated Investment Company
Asset Under Management535.54 Billion
Average Trading Valume68.02 Million
Asset TypeEquity
CategorySize and Style
FocusLarge Cap
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorState Street Bank and Trust Company
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorALPS Distributors, Inc.
Transfer AgentState Street Bank and Trust Company
TrusteeState Street Global Advisors Trust Company
Fiscal Year End31-Aug
ExchangeNYSE Arca, Inc.
Number of Constituents504
Market MakerNone
Total Expense0.0945
Management Fee0.0945
Country NameUSA
Returns Y T D10.41
NameSPDR SP 500 ETF Trust
Currency CodeUSD
Open FigiBBG000BDTBL9
In Threey Volatility17.63
1y Volatility13.64
200 Day M A460.24
50 Day M A502.33
CodeSPY
Updated At28th of March 2024
Currency NameUS Dollar
SPDR SP 500 [SPY] is traded in USA and was established 1993-01-22. The fund is classified under Large Blend category within SPDR State Street Global Advisors family. The entity is thematically classified as Warren Buffett Holdings. SPDR SP 500 at this time have 367.35 B in assets. , while the total return for the last 3 years was 11.3%.
Check SPDR SP Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR SP 500 Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top SPDR SP 500 Etf Constituents

AAPLApple IncStockInformation Technology
AMZNAmazon IncStockConsumer Discretionary
FBMeta PlatformsStockInternet Content & Information
GOOGAlphabet Class CStockCommunication Services
GOOGLAlphabet Class AStockCommunication Services
JNJJohnson JohnsonStockHealth Care
JPMJPMorgan Chase CoStockFinancials
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SPDR SP Target Price Odds Analysis

Based on a normal probability distribution, the odds of SPDR SP jumping above the current price in 90 days from now is about 5.04%. The SPDR SP 500 probability density function shows the probability of SPDR SP etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the etf has a beta coefficient of 1.0034. This usually implies SPDR SP 500 market returns are sensitive to returns on the market. As the market goes up or down, SPDR SP is expected to follow. Additionally, sPDR SP 500 has an alpha of 0.0221, implying that it can generate a 0.0221 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 523.07HorizonTargetOdds Above 523.07
94.88%90 days
 523.07 
5.04%
Based on a normal probability distribution, the odds of SPDR SP to move above the current price in 90 days from now is about 5.04 (This SPDR SP 500 probability density function shows the probability of SPDR Etf to fall within a particular range of prices over 90 days) .

SPDR SP Top Holders

VOLMXVolumetric Fund VolumetricMutual FundLarge Blend
SMILXSmi Servative AllocationMutual FundAllocation--70% to 85% Equity
IPSAXIps Strategic CapitalMutual FundOptions Trading
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SPDR SP 500 Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR SP market risk premium is the additional return an investor will receive from holding SPDR SP long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR SP. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SPDR SP's alpha and beta are two of the key measurements used to evaluate SPDR SP's performance over the market, the standard measures of volatility play an important role as well.

SPDR SP Against Markets

Picking the right benchmark for SPDR SP etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SPDR SP etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SPDR SP is critical whether you are bullish or bearish towards SPDR SP 500 at a given time. Please also check how SPDR SP's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SPDR SP without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy SPDR Etf?

Before investing in SPDR SP, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in SPDR SP. To buy SPDR SP etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of SPDR SP. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase SPDR SP etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located SPDR SP 500 etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased SPDR SP 500 etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as SPDR SP 500, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy SPDR Etf please use our How to Invest in SPDR SP guide.

Already Invested in SPDR SP 500?

The danger of trading SPDR SP 500 is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SPDR SP is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SPDR SP. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR SP 500 is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether SPDR SP 500 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPDR SP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spdr Sp 500 Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spdr Sp 500 Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR SP 500. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Complementary Tools for SPDR Etf analysis

When running SPDR SP's price analysis, check to measure SPDR SP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPDR SP is operating at the current time. Most of SPDR SP's value examination focuses on studying past and present price action to predict the probability of SPDR SP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPDR SP's price. Additionally, you may evaluate how the addition of SPDR SP to your portfolios can decrease your overall portfolio volatility.
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The market value of SPDR SP 500 is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR SP's market value can be influenced by many factors that don't directly affect SPDR SP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.