State Street SPDR Portfolio S&P 500 ETF

SPYM

Market cap $137B

The S&P 500 closed out the week with another record high, finishing up 0.9% from last Friday. This marks the fifth straight weekly gain for the index, the longest streak since October 2024.

SPYM offers a cost-effective, liquid way to track the S&P 500, with a 0.02% expense ratio and $136 billion AUM. The S&P 500 median company is currently overvalued by 10% versus 11-year historical averages, with quality scores just above baseline. Energy leads in both value and quality; real estate and healthcare are undervalued, while materials, technology, industrials, and utilities are notably overvalued.

The stock market is in a strong bull market, with the S&P 500 and Nasdaq 100 indices rising to their record highs. This article explores some of the best ETFs to buy if you have $100,000 to invest today.

The S&P 500 capped off the week with a fresh record high, finishing up 0.5%. This marks the fourth consecutive winning week for the index, its longest streak since late 2024.

ETFs are a huge part of the investing landscape, having exploded in popularity since the 2019 ETF rule. The funds offer greater tax efficiency, transparency, and tradability than their mutual fund counterparts.

The S&P 500 officially entered the 7,000 era this week, capping off a historic 4.5% surge that represents its best weekly performance since May 2025.

By tracking the S&P 500 index, the State Street SPDR Portfolio S&P 500 ETF has delivered annual returns averaging 10.7% over the past 20 years. The ProShares S&P 500 Dividend Aristocrats ETF underperformed the S&P 500, with an average annual return of 10.4% over the past 12 years.

The State Street SPDR Portfolio S&P 500 ETF has delivered an annualized return of 14.2% for the past 10 years. With the power of leverage, the SSO Ultra S&P 500 ETF has achieved higher gains of 21.2% annually in that time.

The S&P 500 snapped its seven-day win streak on Friday but still pulled out its second consecutive weekly gain, achieving its largest increase since November. The index climbed 3.9% from last week, a rally largely driven by optimism over potential geopolitical de-escalation, and is now 2.32% off its all-time high from January 27, 2026.

Cinthia Murphy, investment strategist at VettaFi, joined Nate Geraci on this week's ETF Prime to discuss record ETF flows in the first quarter despite challenging market conditions. The industry exceeded $460 billion in total flows, a 50% year-over-year increase from Q1 2025, according to Murphy.