# State Street SPDR S&P 500 ETF Trust (SPY) stock analysis and sentiment

Canonical page: https://synoptiv.com/stock/SPY
Methodology: https://synoptiv.com/methodology
Author: Synoptiv Research Engine

Last analyzed: Jul 12, 2026

State Street SPDR S&P 500 ETF Trust (SPY) last closed at $754.95, near the top of its 52-week range of $618.05–$760.40. Composite market sentiment across 1 analysis is positive (+16 on a −100 to +100 scale), as of Jul 12, 2026.

## What the data says

SPY closed at $754.95, which puts it within about a percent of its 52-week high of $760.40 and roughly 22% above the low of $618.05. Almost the entire year's range sits below the current price, so the fund has spent most of the past twelve months trading lower than it is now, and the level it holds today is at the top end of what it has been worth over that period.

On the pricing side, the trailing price-to-earnings ratio is 27.2, meaning the market is paying about $27 for each dollar of trailing earnings produced by the basket the trust holds. Price-to-book is 1.76, and the dividend yield is 1.01% — income from holding it is modest relative to the price, so the return profile leans on price movement rather than distributions.

The recent news flow is not about the trust itself. The headlines cover broad market and income topics — the composition and concentration of the S&P 500 itself, covered-call ETFs and their effect on net asset value, dividend growth stocks, retirement budgeting, and a daily market report. That is what tends to surround a fund whose fortunes track an index rather than a single business: coverage centers on the index, on how investors are using products like it, and on the wider market backdrop, not on company-specific developments.

## About State Street SPDR S&P 500 ETF Trust

The trust seeks to track the performance of its underlying index. It does this by holding a portfolio of the common stocks that make up the index, with each position sized to approximate that stock's weight in the index.

Because the holdings mirror the index rather than being selected individually, the trust's returns are intended to reflect the index's returns, before expenses.

## Company profile

- Symbol: SPY
- Exchange: NYSE Arca
- Security type: Exchange-traded fund
- Sector: Not available
- Industry: Not available
- Composite sentiment: positive (16 on a -100 to +100 scale)

## Key statistics

| Metric | Value |
| --- | ---: |
| Trailing P/E | 27.16 |
| Price to book | 1.76 |
| Dividend yield | 1.01% |
| 52-week high | $760.40 |
| 52-week low | $618.05 |
| Average volume | 53.46M |
| Fund assets | $781.19B |
| NAV | $751.69 |
| Expense ratio | 0.09% |
| Fund yield | 1.01% |
| YTD return | 10.16% |

## Recent news

- [This Covered Call ETF Just Proved Double Digit Income Doesn’t Mean NAV Bleed](https://247wallst.com/investing/2026/07/11/this-covered-call-etf-just-proved-double-digit-income-doesnt-mean-nav-bleed/) — Jul 11, 2026
- [The Retirement Budget Most People Build Is Backward](https://247wallst.com/personal-finance/2026/07/11/the-retirement-budget-most-people-build-is-backward/) — Jul 11, 2026
- [The S&P 500 Isn’t What You Think It Is Anymore — Here’s the Uncomfortable Truth](https://247wallst.com/investing/2026/07/11/the-sp-500-isnt-what-you-think-it-is-anymore-heres-the-uncomfortable-truth/) — Jul 11, 2026
- [The 1-Minute Market Report, July 11, 2026](https://seekingalpha.com/article/4921380-the-1-minute-market-report-july-11-2026) — Jul 11, 2026
- [10 Dividend Growth Stocks: July 2026](https://seekingalpha.com/article/4921302-10-dividend-growth-stocks-july-2026) — Jul 11, 2026
- [Fed Minutes Show A Committee More Divided Than The 12-0 Vote Suggests](https://seekingalpha.com/article/4921369-fed-minutes-show-committee-more-divided-than-120-vote-suggests) — Jul 11, 2026
- [My Updated 2026 Market Outlook: Keeping The S&P 500 Target, But Changing Sector Leaders](https://seekingalpha.com/article/4921209-my-updated-2026-market-outlook-keeping-sp500-target-but-changing-sector-leaders) — Jul 11, 2026
- [Weekly Indicators: Consumer Spending Continues To Blow Its Stack](https://seekingalpha.com/article/4921282-weekly-indicators-consumer-spending-continues-to-blow-its-stack) — Jul 11, 2026
- [Why I Prioritize My HSA Over My IRA For Maximum Tax Alpha](https://seekingalpha.com/article/4921355-why-i-prioritize-my-hsa-over-my-ira-for-maximum-tax-alpha) — Jul 11, 2026
- [Weekly Commentary: Currency Pegs And Carry Trades](https://seekingalpha.com/article/4921331-weekly-commentary-currency-pegs-and-carry-trades) — Jul 11, 2026

## Frequently asked questions

### What is the current market sentiment for SPY?

As of Jul 12, 2026, State Street SPDR S&P 500 ETF Trust (SPY) carries positive (+16 on a −100 to +100 scale) composite sentiment. The score fuses recent news tone, analyst recommendations, technical posture, insider and congressional activity, and market attention into a single figure. The full breakdown of each component is in the report.

### How has SPY stock been performing?

State Street SPDR S&P 500 ETF Trust last closed at $754.95, near the top of its 52-week range of $618.05–$760.40.

### What is SPY's market cap and valuation?

State Street SPDR S&P 500 ETF Trust has a trailing P/E of 27.2, a dividend yield of 1.01%.

### Where can I find a full analysis of SPY?

The full SPY report covers the bull and bear cases, technical signals with entry, stop and target levels, complete financial statements, earnings history, insider and congressional trades, and the conditions that would invalidate the thesis. It requires a free account.

## Important information

This page is generated from public market and company information. Data can be delayed, incomplete, or wrong. It is research and analysis, not financial advice.

- [Methodology](https://synoptiv.com/methodology)
- [Disclosures](https://synoptiv.com/disclosures)
- [Full report](https://synoptiv.com/stock/SPY/v/1) (account and access required)