SPDR Portfolio S&P 500 Value ETF

SPYV

Market cap $28.7B

The fourth quarter is typically – seasonally – positive for U.S. equities. An ongoing government shutdown is not a strong backdrop for markets, but major indices remain close to record highs, waiting for new data for direction.

The SPDR Portfolio S&P 500 Value ETF (SPYV) was launched on September 25, 2000, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Value segment of the US equity market.

Many analysts are making bullish calls on the S&P 500 target due to earnings, AI and U.S. growth. This has put the focus on VOO, IVV, SPY and SPMO.

AI momentum, strong earnings, resilient U.S. economy, and likely Fed rate cuts could keep fueling the S&P 500 rally, benefiting ETFs like VOO, SPY and IVV.

SPYV is not a pure value ETF; it offers a defensive growth profile with lower risk by omitting highly valued mega-cap tech stocks. Despite lower tech exposure, SPYV retains significant growth drivers like Apple, Microsoft, and Amazon, positioning it well for AI-led rallies. SPYV has matched or outperformed SPY in drawdowns and recent years, but isn't guaranteed to outperform in pure value-driven markets.

The SPDR Portfolio S&P 500 Value ETF (SPYV) was launched on 09/25/2000, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Value segment of the US equity market.

US growth and value stocks are flat in 2025, but large caps outperform small caps while foreign equities surge. I reiterate a buy rating on SPYV, citing its reasonable valuation, attractive yield, and growing assets despite recent underperformance. SPYV offers exposure to undervalued large-cap US stocks, with a sector tilt away from mega-cap tech toward energy and defensive names.

Looking for broad exposure to the Large Cap Value segment of the US equity market? You should consider the SPDR Portfolio S&P 500 Value ETF (SPYV), a passively managed exchange traded fund launched on 09/25/2000.

U.S. equities have posted strong gains in May, with the S&P 500 rising more than about 15% from its lows in April. Markets have stabilized following a temporary truce in U.S.-China trade tensions, which were previously rattled by President Donald Trump's renewed push for reciprocal tariffs.

Value ETFs present a strategic investment opportunity to navigate ongoing volatility and potential shifts in trade policies.