State Street SPDR S&P 500 ETF Trust (SPY) DCF Valuation
A discounted-cash-flow model isn't meaningful for State Street SPDR S&P 500 ETF Trust (SPY) — an exchange-traded fund holds a basket of securities rather than generating operating cash flows, so a discounted-cash-flow model doesn't apply — a fund is judged on its index, holdings, expense ratio and tracking. See the metrics page for the sector-appropriate valuation ratios.
Current Price
$728.10
Fair-Value Range
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Market-Implied Growth
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Discounted Cash Flow
An editable DCF model isn't applicable to SPY — an exchange-traded fund holds a basket of securities rather than generating operating cash flows; judge it on its index, holdings and expense ratio.
About State Street SPDR S&P 500 ETF Trust
The State Street SPDR S&P 500 ETF Trust, or SPY, aims to replicate the total return, encompassing both price appreciation and dividends, of the S&P 500 Index, prior to its operating expenses. This underlying benchmark represents a broad cross-section of leading U.S. corporations, featuring companies across all eleven GICS industry sectors. Notably, SPY debuted in January 1993, making it the pioneering exchange-traded fund to be listed in the United States.
- Sector
- Financial Services
- Industry
- Asset Management - Global