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SPIN - ETF AI Analysis
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SPDR SSGA US Equity Premium Income ETF (SPIN)
Rating:75Outperform
Price Target:―
Positive Factors
High-Quality Blue-Chip Holdings
The ETF’s largest positions are in well-known, financially strong U.S. companies, which can provide a more stable foundation for long-term investors.
Broad Sector Diversification
Holdings are spread across many sectors, including technology, financials, communication services, consumer stocks, and health care, which helps reduce the impact if one industry struggles.
Moderate Expense Ratio
The fund’s fee is relatively moderate for an actively positioned U.S. equity income strategy, allowing investors to keep more of any returns generated.
Negative Factors
Recent Weak Overall Performance
The ETF has shown slightly negative results so far this year and over the past month, which may concern investors looking for near-term strength.
Concentration in Mega-Cap Tech
A large portion of the portfolio is tied up in a handful of big technology names, so the fund is heavily exposed if this group continues to struggle.
Limited International Diversification
With almost all assets invested in U.S. companies, the ETF offers little geographic diversification and is highly dependent on the U.S. market.
SPIN vs. SPDR S&P 500 ETF (SPY)
AUM56.87M
RegionNorth America
Expense Ratio0.25%
Beta0.80
IssuerSPDR
Inception DateSep 04, 2024
Dividend Yield8.03%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume3,855
30 Day Avg. Volume6,306
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
40.11Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering95
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPIN Summary
SPDR SSGA US Equity Premium Income ETF (SPIN) is a U.S. stock fund that aims to cover the whole American market while focusing on paying investors regular income. It doesn’t track a set index, but instead picks many dividend-paying companies across sectors, with a big tilt toward technology and other large, well-known names like Microsoft and Nvidia. Someone might invest in SPIN to get broad diversification plus extra income from dividends, while still having growth potential. A key risk is that it’s heavily exposed to the stock market and tech, so its value can rise and fall significantly.
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 out front as the main engine, still rising and helping drive the fund’s returns. Apple and Broadcom are also adding some lift, though their momentum has been a bit mixed. On the other side, Microsoft and Amazon have been losing steam lately, acting more like a headwind than a help, and S&P Global has clearly been lagging. Despite that, the fund stays broadly diversified across U.S. sectors, with a clear tech tilt and fully domestic exposure.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 9.16% | $5.20M | $4.43T | 59.98% | 76 Outperform | |
| Microsoft | 6.41% | $3.64M | $2.96T | 2.59% | 79 Outperform | |
| Apple | 6.24% | $3.55M | $3.89T | 11.21% | 79 Outperform | |
| Alphabet Class A | 5.53% | $3.14M | $3.71T | 83.53% | 85 Outperform | |
| Amazon | 4.35% | $2.47M | $2.24T | 1.64% | 71 Outperform | |
| Meta Platforms | 3.42% | $1.94M | $1.65T | -0.23% | 76 Outperform | |
| Broadcom | 3.28% | $1.87M | $1.51T | 70.16% | 76 Outperform | |
| S&P Global | 1.84% | $1.04M | $132.39B | -16.29% | 73 Outperform | |
| JPMorgan Chase | 1.83% | $1.04M | $802.53B | 14.17% | 72 Outperform | |
| Home Depot | 1.63% | $926.65K | $369.15B | -4.84% | 66 Neutral |
SPIN Technical Analysis
Negative
―
Price Trends
32.29
Negative
31.94
Positive
30.61
Positive
Market Momentum
-0.09
Negative
46.24
Neutral
52.23
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPIN, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 32.06, equal to the 50-day MA of 32.29, and equal to the 200-day MA of 30.61, indicating a neutral trend. The MACD of -0.09 indicates Negative momentum. The RSI at 46.24 is Neutral, neither overbought nor oversold. The STOCH value of 52.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SPIN.
SPIN Peer Comparison
Comparison Results
Performance Comparison
SPIN
SPDR SSGA US Equity Premium Income ETF
31.95
4.26
15.38%
FMTM
MarketDesk Focused U.S. Momentum ETF
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SOVF
Sovereign's Capital Flourish Fund
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STNC
Stance Equity ESG Large Cap Core ETF
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RFDA
RiverFront Dynamic US Dividend Advantage ETF
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VAMO
Cambria Value & Momentum ETF
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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.
Disclaimer
This 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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