BTCC
/
BTCC Square
/
Global Cryptocurrency
/
SPY ETF Shows Resilience with 13.1% YTD Gain Amid Market Optimism
SPY ETF Shows Resilience with 13.1% YTD Gain Amid Market Optimism
10
1
BTCCSquare news:
The SPDR S&P 500 ETF Trust (SPY) has climbed 1.40% over the past week, extending its year-to-date rally to 13.1%. Analysts maintain a Moderate Buy rating, with a consensus price target of $728.41 suggesting 10% upside potential.
Top holdings with bullish momentum include Loews, Moderna, and Chipotle Mexican Grill, while Paramount Skydance and Tesla anchor the downside risks. An ETF Smart Score of 8 signals likely market outperformance.
TipRanks' weighted analyst consensus underscores institutional confidence in the ETF's diversified exposure to S&P 500 constituents. The tool aggregates ratings across underlying holdings, reflecting bottom-up fundamentals rather than top-down speculation.
By:
