SPDR S&P 500 ETF Trust (SPY)
SPY: Rating Downgrade Due To Overvaluation
SPY is very expensive by usual valuation metrics such as P/E, dividend yield, and PEG ratio. Yet, the truly alarming sign comes when its valuation is benchmarked by risk-free rates. With the excess CAPE Yield (“ECY”) hovering at a historical low (only about 1.2% currently), history suggests extremely unfavorable excess return potential over treasury bonds.
6 Reasons the S&P 500 Will Keep Rising This Year
The S&P 500 NYSEARCA: SPY index can keep rising this year even if many stocks within it don't. The reasons are simple and center around the top six holdings.
Vanguard Retirement Perspectives- Labor Market Pulse: Young, Lower-Income Workers Gaining Ground
Proprietary Vanguard data suggest that the overall U.S. hires rate is trending higher. Even as demand for middle- and top-income earners continues to soften, hiring activity for workers earning less than $55,000 remains elevated compared with 2019 levels, leading to better employment opportunities and solid inflation-adjusted wage growth for that group.
Vanguard Perspective: Hybrid Annuity TDFs and the Search for Income in Retirement
The search for better retirement income solutions has led to the emergence of target-date funds (TDFs) with an annuity component. “Our researchOpens in a new tab finds that this innovative strategy shows investment merit for certain investors,” said Roger Aliaga-Díaz, Ph.D.
Is the SPDR S&P 500 ETF Trust a Millionaire-Maker?
The SPDR S&P 500 ETF Trust tracks the performance of the S&P 500 index and includes the stocks powering today's economy. Microsoft, Nvidia, and Apple are the biggest positions in this fund.
ETF Prime: Crigger on ETF Flows, Spot Ether, and More
On this week's episode of ETF Prime, VettaFi Editor-In-Chief Lara Crigger joined host Nate Geraci to discuss ETF flows, spot ether ETFs, and the prospective Texas Stock Exchange.
SPY Is Sub-Optimal For Long-Term Diversified Investors
Cap-weighted S&P 500 index fund is not ideal for long-term investors seeking diversification due to concentration risk. Holding SPY ensures market returns, but sacrifices the potential for outperformance. Cap-weighting leads to concentration risk and may not accurately reflect the size and value of companies.
Fidelity is winning ETF revenue-sharing deals after its service fee shook the booming industry
Fidelity Investments has been winning more revenue-sharing agreements with managers of exchange-traded funds after its fee policy for the booming sector created an industry stir.
S&P 500 Peaks And VIX Valleys As Market Signals
The S&P 500 is moderately overvalued with a P/E ratio above its historic mean, but it reached a new all-time high. The CBOE Volatility Index (VIX) is below 13, indicating low volatility in the market. Days with both an all-time high for the S&P 500 and a VIX below 13 were historically followed by a lower than average three-month performance.
5 Top Best Performing S&P 500 ETF Stocks of May
The S&P 500 had its best month since February, having risen 4.3% in May. While many stocks have powered the ETF, we have highlighted five that have gained in double-digits and have solid Zacks.
This Is Just the 3rd Time in 25 Years the S&P 500 Has Done This
The market's broad barometer, the S&P 500, is off to one of its hottest starts in decades. Normally, the index is up by just a couple of percentage points by this time of the year.
SPY: 2 Options To Balance Out A Highly Concentrated Index
The S&P 500 index is nearing record levels of concentration as the technology sector reached one third of the index. The concentration is driven by the performance of the "Magnificent Seven" stocks, which have delivered extraordinary earnings growth and trade at expanded multiples. Investors concerned about the concentration risk can consider two options: investing in an equal-weight ETF or adding a value-focused ETF to their portfolio.
