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SPIN - ETF AI Analysis
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SPDR SSGA US Equity Premium Income ETF (SPIN)
Rating:73Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several key positions, like Nvidia, Alphabet, and Broadcom, have delivered strong year-to-date performance, driving the ETF’s returns.
Sector Diversification
The ETF spreads its investments across multiple sectors, including technology, financials, and healthcare, reducing reliance on a single industry.
Low Expense Ratio
With a competitive expense ratio of 0.25%, this ETF is cost-efficient compared to many actively managed funds.
Negative Factors
Heavy Technology Exposure
Technology makes up over 38% of the portfolio, leaving the ETF vulnerable to sector-specific downturns.
Limited Geographic Exposure
The ETF is almost entirely focused on U.S. companies, offering minimal diversification across global markets.
Underperforming Holdings
Some holdings, like Amazon and Eli Lilly, have shown weak year-to-date performance, potentially dragging on overall returns.
SPIN vs. SPDR S&P 500 ETF (SPY)
AUM56.79M
RegionNorth America
Expense Ratio0.25%
Beta0.79
IssuerSPDR
Inception DateSep 04, 2024
Dividend Yield8.38%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume31,664
30 Day Avg. Volume32,670
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
38.05Price 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 fund that invests in a wide range of U.S. companies, from small to large, across many industries. It focuses on stocks that pay strong dividends, making it a good choice for investors who want steady income while also benefiting from potential growth. Some well-known companies in the fund include Nvidia and Microsoft. SPIN is designed to provide broad exposure to the U.S. market, helping investors diversify their portfolios. However, new investors should know that the fund’s performance can go up and down with the overall stock 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
The SPIN ETF leans heavily on technology, with names like Nvidia and Alphabet driving performance thanks to their focus on AI and cloud innovations. Nvidia’s long-term growth potential shines despite recent mixed momentum, while Alphabet’s steady rise reflects strong financials and strategic investments. On the flip side, Microsoft and Meta are holding the fund back, with lagging performance tied to valuation concerns and bearish technical signals. With over a third of its weight in tech and a U.S.-centric portfolio, SPIN offers concentrated exposure to innovation but faces risks from sector-specific volatility.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 9.00% | $5.14M | $4.41T | 23.74% | 76 Outperform | |
| Microsoft | 7.49% | $4.28M | $3.64T | 9.22% | 73 Outperform | |
| Apple | 6.59% | $3.76M | $4.23T | 16.93% | 79 Outperform | |
| Alphabet Class A | 6.22% | $3.55M | $3.81T | 83.30% | 80 Outperform | |
| Amazon | 4.63% | $2.64M | $2.51T | 6.52% | 71 Outperform | |
| Broadcom | 3.30% | $1.88M | $1.80T | 123.15% | 76 Outperform | |
| Meta Platforms | 3.24% | $1.85M | $1.63T | 4.21% | 78 Outperform | |
| JPMorgan Chase | 2.20% | $1.25M | $838.13B | 28.24% | 72 Outperform | |
| Visa | 1.96% | $1.12M | $630.92B | 6.36% | 75 Outperform | |
| Eli Lilly & Co | 1.85% | $1.05M | $988.98B | 24.55% | 71 Outperform |
SPIN Technical Analysis
Positive
―
Price Trends
31.71
Positive
31.00
Positive
29.31
Positive
Market Momentum
0.15
Negative
59.04
Neutral
85.25
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 31.90, equal to the 50-day MA of 31.71, and equal to the 200-day MA of 29.31, indicating a bullish trend. The MACD of 0.15 indicates Negative momentum. The RSI at 59.04 is Neutral, neither overbought nor oversold. The STOCH value of 85.25 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
32.33
3.03
10.34%
LCAP
Principal Capital Appreciation Select ETF
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YALL
God Bless America ETF
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RVER
Trenchless Fund ETF
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BAMD
Brookstone Dividend Stock ETF
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STNC
Stance Equity ESG Large Cap Core 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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