SPDR S&P 500 ETF Trust is an exchange traded fund launched and managed by State Street Global Advisors, Inc.
Share Price & News
How has SPDR S&P 500 ETF Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SPY has not had significant price volatility in the past 3 months.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: SPY exceeded the US Capital Markets industry which returned 8.9% over the past year.
Return vs Market: SPY exceeded the US Market which returned 10.2% over the past year.
Price Volatility Vs. Market
How volatile is SPDR S&P 500 ETF Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is SPDR S&P 500 ETF Trust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SPY ($311.5) is trading below our estimate of fair value ($451.01)
Significantly Below Fair Value: SPY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SPY is good value based on its PE Ratio (30.4x) compared to the Capital Markets industry average (31.8x).
PE vs Market: SPY is poor value based on its PE Ratio (30.4x) compared to the US market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SPY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SPY is good value based on its PB Ratio (1x) compared to the US Capital Markets industry average (6.6x).
How is SPDR S&P 500 ETF Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SPDR S&P 500 ETF Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has SPDR S&P 500 ETF Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPY has a large one-off gain of $4.1B impacting its September 30 2019 financial results.
Growing Profit Margin: SPY's current net profit margins are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: SPY's earnings have grown by 12.9% per year over the past 5 years.
Accelerating Growth: SPY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SPY had negative earnings growth (-76.7%) over the past year, making it difficult to compare to the Capital Markets industry average (8.4%).
Return on Equity
High ROE: SPY's Return on Equity (3.5%) is considered low.
Return on Assets
Return on Capital Employed
How is SPDR S&P 500 ETF Trust's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: SPY has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if SPY's debt is covered by short term assets.
Financial Institutions Analysis
Asset Level: SPY's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if SPY has a sufficient allowance for bad loans.
Low Risk Liabilities: SPY reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if SPY has an acceptable proportion of non-loan assets held.
Low Risk Deposits: SPY has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if SPY has an appropriate level of bad loans.
What is SPDR S&P 500 ETF Trust's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: SPY's dividend (1.76%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: SPY's dividend (1.76%) is low compared to the top 25% of dividend payers in the US market (3.96%).
Stability and Growth of Payments
Stable Dividend: SPY's dividend payments have been volatile in the past 10 years.
Growing Dividend: SPY's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53.4%), SPY's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
SPDR S&P 500 ETF Trust has no CEO, or we have no data on them.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
SPDR S&P 500 ETF Trust's company bio, employee growth, exchange listings and data sources
- Name: SPDR S&P 500 ETF Trust
- Ticker: SPY
- Exchange: ARCA
- Founded: 1993
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$291.403b
- Shares outstanding: 935.48m
- Website: https://www.ssga.com/us/en/institutional/etfs/funds/spdr-sp-500-etf-trust-spy
- SPDR S&P 500 ETF Trust
- State Street Financial Center
- One Lincoln Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SPY||ARCA (NYSE Arca)||Yes||Trust Units||US||USD||Jan 1993|
|SPY *||BMV (Bolsa Mexicana de Valores)||Yes||Trust Units||MX||MXN||Jan 1993|
|1557||TSE (The Tokyo Stock Exchange)||Yes||Trust Units||JP||JPY||Jan 1993|
|US_SPY_||KAS (Kazakhstan Stock Exchange)||Yes||Trust Units||KZ||KZT||Jan 1993|
|0KZC||LSE (London Stock Exchange)||Yes||Trust Units||GB||USD||Jan 1993|
|SPY||CHIA (Chi-X Australia)||CDI NPV 1:1||AU||AUD||Oct 2014|
SPDR S&P 500 ETF Trust is an exchange traded fund launched and managed by State Street Global Advisors, Inc. The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the S&P 500 Index, by using full replication technique. SPDR S&P 500 ETF Trust was formed on January 22, 1993 and is domiciled in the United States.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 00:48|
|End of Day Share Price||2020/02/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.