SPIN - ETF AI Analysis
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SPDR SSGA US Equity Premium Income ETF (SPIN)
Rating:75Outperform
Price Target:―
Positive Factors
Leading Technology Giants
The ETF’s largest positions include well-known tech leaders that have generally shown strong or improving performance, which can help drive returns.
Broad Sector Diversification
Holdings spread across technology, financials, communication services, health care, and several other sectors help reduce the impact of weakness in any single industry.
Moderate Expense Ratio
The fund’s expense ratio is reasonably low for an actively tilted income strategy, allowing investors to keep more of their returns after fees.
Negative Factors
Heavy Tilt Toward Technology
A large share of the portfolio is in technology stocks, which can make the ETF more sensitive to swings in that sector.
High Concentration in a Few Mega-Caps
A small number of big companies make up a significant portion of the fund, increasing the risk if any of these major holdings stumble.
Limited International Diversification
With almost all assets invested in U.S. companies, the ETF offers little geographic diversification and is heavily tied to the U.S. market.
SPIN vs. SPDR S&P 500 ETF (SPY)
AUM48.58M
RegionNorth America
Expense Ratio0.25%
Beta0.79
IssuerSPDR
Inception DateSep 04, 2024
Dividend Yield4.8%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume3,201
30 Day Avg. Volume3,397
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
40.69Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering95
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPIN Summary
The SPDR SSGA US Equity Premium Income ETF (SPIN) is a U.S. stock fund that aims to cover the whole market while focusing on companies that pay steady dividends. It doesn’t track a single index, but follows a total-market, broad-based theme with a tilt toward income. Top holdings include well-known names like Apple and Nvidia, along with other large U.S. companies across many sectors. Someone might invest in SPIN to get both stock market growth and regular income from dividends. A key risk is that it’s heavily invested in U.S. stocks, especially technology, so its value can rise and fall sharply with that part of the market.
How much will it cost me?The SPDR SSGA US Equity Premium Income ETF (SPIN) has an expense ratio of 0.25%, meaning you’ll pay $2.50 per year for every $1,000 invested. This is slightly higher than the average for passively managed ETFs because it uses a smart beta strategy to focus on dividend-paying stocks and income generation.
What would affect this ETF?The SPIN ETF, with its focus on high-quality dividend-paying U.S. equities, could benefit from a stable or growing U.S. economy and advancements in technology, as it has significant exposure to tech giants like Nvidia, Microsoft, and Apple. However, rising interest rates or economic slowdowns could negatively impact dividend-paying stocks and sectors like financials and consumer cyclical, which are also part of its portfolio. Regulatory changes or geopolitical tensions affecting the U.S. market could further influence its performance.
SPIN Top 10 Holdings
SPIN is leaning heavily on Big Tech and AI, with Nvidia, Apple, and Microsoft acting as the main engines under the hood. Nvidia and Apple have been rising and doing much of the heavy lifting, while Microsoft and Alphabet look a bit mixed, occasionally losing steam and tempering overall momentum. Amazon has been more of a steady workhorse than a sprinter lately, and JPMorgan adds a solid, income-friendly financial anchor. Despite its broad U.S. market mandate, the fund’s story is really about concentrated exposure to U.S. mega-cap tech and AI leaders.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 9.82% | $4.78M | $5.42T | 19.49% | 76 Outperform | |
| Microsoft | 7.20% | $3.50M | $3.71T | -3.01% | 79 Outperform | |
| Alphabet Class A | 5.67% | $2.76M | $4.33T | 77.87% | 85 Outperform | |
| Apple | 5.54% | $2.69M | $4.57T | 35.69% | 79 Outperform | |
| Amazon | 5.18% | $2.52M | $2.96T | 25.66% | 71 Outperform | |
| Broadcom | 3.82% | $1.86M | $2.04T | 38.99% | 76 Outperform | |
| Meta Platforms | 2.76% | $1.34M | $1.51T | -22.32% | 76 Outperform | |
| Micron | 2.40% | $1.17M | $991.12B | 595.93% | 79 Outperform | |
| Advanced Micro Devices | 2.22% | $1.08M | $789.07B | 172.56% | 73 Outperform | |
| JPMorgan Chase | 2.16% | $1.05M | $950.35B | 24.25% | 72 Outperform |
SPIN Technical Analysis
Positive
―
Price Trends
32.29
Positive
31.74
Positive
31.40
Positive
Market Momentum
0.44
Negative
70.12
Negative
96.42
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPIN, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 32.82, equal to the 50-day MA of 32.29, and equal to the 200-day MA of 31.40, indicating a bullish trend. The MACD of 0.44 indicates Negative momentum. The RSI at 70.12 is Negative, neither overbought nor oversold. The STOCH value of 96.42 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPIN.
SPIN Peer Comparison
Comparison Results
Performance Comparison
SPIN
SPDR SSGA US Equity Premium Income ETF
33.72
4.44
15.16%
BAMD
Brookstone Dividend Stock ETF
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STNC
Stance Equity ESG Large Cap Core ETF
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YALL
God Bless America ETF
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PFOE
Pathfinder Focused Opportunities ETF
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SOVF
Sovereign's Capital Flourish Fund
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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