Key facts, as of
As of October 11, 2026, SPDR S&P 500 ETF Trust (SPY) trades at $778.57, up 16.0% over the past year. It is at the top of its 52-week range ($629.28 to $781.62). It trades within 0.5% of its all-time high of $781.62, set in October 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +312.9%. It sits 7.7% above its 200-day average of $722.93, the usual sign of a long-term uptrend. Its 30-day volatility is 9.8% annualized, which we rate low risk. It has a trailing P/E of 24.7.
Cite: Portfolio Terminal, "SPDR S&P 500 ETF Trust (SPY) stock analysis", 2026-10-11. https://portfolio-terminal.com/analyse/spy
Where it trades today
trading 98% of the way up its 52-week range
How the price has moved
How far it is from its record
SPDR S&P 500 ETF Trust (SPY) trades within 0.5% of its all-time high of $781.62, set in October 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +312.9%.
What to weigh before acting
What Matters Now
- The real question is what role this fund should play in allocation construction, not whether one short-term move looks attractive.
- SPY trades at 24.7x earnings, well above the etf average of 20.0x, so the market is already pricing in above-consensus execution.
- Recent realized volatility sits near 9.8%, below the sector norm of 18.0%, which supports a steadier role inside a diversified portfolio.
- Relative performance versus QQQ, IWM, VTI matters here because leadership inside etf rarely stays static for long.
Portfolio Use Case
- SPY fits best as a benchmark or core allocation building block rather than as a thesis that depends on single-company execution.
- The risk profile looks balanced enough for a diversified core-plus portfolio, provided the position size reflects sector concentration.
- This page is most useful for deciding whether the stock deserves a permanent slot in the portfolio or just a place on the watchlist.
What Would Change the View
- A reset in earnings expectations or a faster peer catch-up could compress the premium valuation currently embedded in SPY.
- There is little income cushion here, so total return depends mainly on price appreciation and execution staying on track.
- The view would need revisiting if peers such as QQQ, IWM, VTI start winning the marginal flow or posting cleaner operating momentum.
Methodology
- Price, market cap, beta, yield, and liquidity fields for SPY come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for ETF so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as QQQ, IWM, VTI.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for SPY. Last refresh: Oct 11, 2026, 11:41 PM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as QQQ, IWM, VTI.
What this fund is
The trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the index (the “Portfolio”), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the index.
At 0.0945% a year, $10,000 left for 30 years at 7% before fees would end $2,129 lower than with no fee, counting what the fee would have earned. Compare it with other funds
What the fund owns
Top 10 Holdings
Sector Allocation
How it sits in etf
Exchange-traded funds offering diversified exposure to various markets and strategies.
The companies it competes with
SPY beside the etf names it is usually measured against.
What the chart is saying
Trading at its high for the year, with no resistance overhead.
uptrend- Price is 1.4% above its 50-day average and 7.7% above its 200-day.
- RSI at 60 is neither stretched nor washed out.
- Nothing above has stopped it this year; the nearest floor is $754.62 (-3.1%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
Is SPY a good investment in 2026?
SPDR S&P 500 ETF Trust trades at a P/E ratio of 24.7, with low volatility (9.8% annualized). The stock is in a consolidation phase.
What is the risk level of SPY?
Based on 30-day volatility of 9.8%, SPY has LOW risk.
Does SPY pay dividends?
SPDR S&P 500 ETF Trust currently does not pay a regular dividend.
How far is SPY from its all-time high?
SPDR S&P 500 ETF Trust trades within 0.5% of its all-time high of $781.62, set in October 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +312.9%.
Compare SPY with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.