SPY — State Street SPDR S&P 500 ETF Trust
US Large Cap Blend Ranked #24 of 120 tracked ETFs · Issued by State Street Investment Management
Overview
The State Street SPDR S&P 500 ETF Trust, identified by the ticker SPY, operates within the US Large Cap Blend category managed by State Street Investment Management. This fund holds a significant position with $781 billion in assets under management and trades at a price of $745.40, reflecting substantial investor adoption. It carries an expense ratio of 0.0945% and offers a dividend yield of 0.76%. In terms of broader evaluation, the ETF holds an overall rank of #24 out of 120 tracked funds across all categories and has received an ETFValuer grade of B with a score of 73.3 out of 100. The category itself contains 7 ETFs tracked by ETFValuer, placing SPY among a select group of large-cap blend options. Its high asset base and specific pricing suggest a mature vehicle widely utilized by market participants.
Recent performance data shows a daily return of -0.31% and a weekly decline of -0.18%, indicating short-term volatility. Over the past month, the fund posted a gain of +1.32%, which accelerated significantly to a +13.36% return over three months. Year-to-date performance stands at +9.69%, while the six-month return is recorded at +8.96%. The one-year return is +21.42%, and the three-year return totals +72.11%, demonstrating a strong long-term upward trajectory compared to shorter periods. This pattern suggests that while recent daily and weekly movements have been negative, the fund has maintained robust growth over the medium and long term.
The fund is assigned a Low volatility label and maintains a Beta of 1.00, indicating that its price movements generally align with the broader market without amplifying swings. A Sharpe ratio of 1.31 suggests the fund has generated a favorable return relative to the amount of risk taken over the measured period. However, the maximum drawdown of -18.76% highlights the potential for significant temporary losses during market downturns. This combination of a low volatility rating and a beta of 1.00 implies the fund tracks market direction closely while managing risk through diversification inherent in its large-cap blend strategy. The Sharpe ratio of 1.31 indicates that despite the -18.76% maximum drawdown, the overall risk-adjusted returns have been positive.
AI-generated summary based on the data on this page.
Market Backdrop
10-Year Treasury Yield: 4.55% (as of 2026-07-07) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 16.13 (as of 2026-07-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
SPY Performance History
| Period | Return |
|---|---|
| 1-Day | -0.31% |
| 1-Week | -0.18% |
| 1-Month | +1.32% |
| 3-Month | +13.36% |
| 6-Month | +8.96% |
| YTD | +9.69% |
| 1-Year | +21.42% |
| 3-Year | +72.11% |
How SPY Compares to Other US Large Cap Blend ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #19 | B+ |
VOO | Vanguard S&P 500 ETF | +21.51% | 0.03% | $1671B |
| #20 | B+ |
IVV | iShares Core S&P 500 ETF | +21.51% | 0.03% | $888B |
| #21 | B |
VTI | Vanguard Total Stock Market Index Fund ETF Shares | +21.91% | 0.03% | $2298B |
| #24 | B |
SPY | State Street SPDR S&P 500 ETF Trust | +21.42% | 0.0945% | $781B |
| #27 | B |
ITOT | iShares Core S&P Total U.S. Stock Market ETF | +21.78% | 0.03% | $94.1B |
| #32 | B |
SCHB | Schwab U.S. Broad Market ETF | +21.69% | 0.03% | $43.2B |
| #58 | C |
RSP | Invesco S&P 500 Equal Weight ETF | +17.43% | 0.2% | $93.7B |