The SPDR S&P 500 ETF Trust (SPY) has seen a slight increase of 0.16% in the past 5 days and has risen by approximately 15.3% year-to-date.
According to TipRanks, SPY is considered a Moderate Buy based on a weighted average of analyst ratings of its holdings. The average price target of $608.09 suggests a potential upside of over 11%.
The top five holdings in SPY with the highest upside potential are Albemarle (ALB), Global Payments (GPN), LKQ (LKQ), Warner Bros. Discovery (WBD), and United Airlines Holdings (UAL). On the other hand, the five holdings with the greatest downside potential are Loews (L), Mettler-Toledo (MTD), Teradyne (TER), Expeditors International (EXPD), and Altria Group (MO).
With an ETF Smart Score of eight, SPY is expected to outperform the market.
For those interested in ETF investing, TipRanks offers a selection of Top Equity ETFs with High Upside Potential based on their analysis.