State Street SPDR Portfolio S&P 500 ETF (SPYM)
$89.83−1.11%close of Oct 16, 2026
State Street SPDR Portfolio S&P 500 ETF (SPYM) is an exchange-traded fund (ETF) run by SPDR (State Street). This fund owns the roughly 500 large US companies in the S&P 500. It charges 0.02% a year. From November 2005 to October 2026 it returned about 11.2% a year, and its worst drop was −54.5%.
Written by the Tactfolio research team. Fund facts checked October 17, 2026. Prices through October 16, 2026.
- Yearly fee
- 0.02%
- about $2 on $10,000
- 1-year return
- 16.8%
- to Oct 16, 2026
- Return per year
- 11.2%
- since November 2005
- Worst drop
- −54.5%
- since 2005
- Below its high
- −2.1%
- now
- Volatility
- 18.3%
- yearly swings
- Issuer
- SPDR (State Street)
- Tracks
- S&P 500 Index
- Started trading
- November 8, 2005
- Type
- US stocks, ETF
- Holdings
- 505 holdings as of October 15, 2026
- Expense ratio
- 0.02% a year
How has SPYM done since 2005?#
From November 2005 to October 2026, SPYM returned about 11.2% a year. The S&P 500 returned about 11.1% a year over the same dates. Say you put in $10,000 at the start. It would have been worth about $92,229 at the end, with every dividend reinvested.
| Period | SPYM | S&P 500 (SPY) |
|---|---|---|
| 1 month | 1.5% | 1.5% |
| 3 months | 1.9% | 1.9% |
| 6 months | 9.4% | 9.3% |
| Year to date | 12.9% | 12.8% |
| 1 year | 16.8% | 16.8% |
| 3 years per year | 22.1% | 22.0% |
| 5 years per year | 12.9% | 12.8% |
| 10 years per year | 15.5% | 15.4% |
| Since 2005 per year | 11.2% | 11.1% |
Periods longer than a year show the return per year (CAGR). Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.
SPYM returns by month and year#
SPYM rose in 170 of its 252 months (67%). Its best month was April 2020, at 12.8%. Its worst was October 2008, at −14.8%.
| Year | Total | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 12.9% | 1.5 | −0.8 | −5.0 | 10.5 | 5.3 | −1.0 | 0.0 | 2.7 | −0.3 | 0.1 | ||
| 2025 | 17.8% | 2.7 | −1.3 | −5.6 | −0.8 | 6.3 | 5.2 | 2.3 | 2.1 | 3.5 | 2.4 | 0.2 | 0.1 |
| 2024 | 25.0% | 1.7 | 5.2 | 3.3 | −4.0 | 5.0 | 3.6 | 1.1 | 2.4 | 2.2 | −0.9 | 6.0 | −2.4 |
| 2023 | 26.2% | 6.3 | −2.5 | 3.7 | 1.6 | 0.5 | 6.5 | 3.3 | −1.6 | −4.8 | −2.1 | 9.1 | 4.6 |
| 2022 | −18.1% | −5.2 | −3.0 | 3.8 | −8.8 | 0.3 | −8.3 | 9.2 | −4.0 | −9.3 | 8.2 | 5.5 | −5.7 |
| 2021 | 28.8% | −0.9 | 2.7 | 4.6 | 5.2 | 0.7 | 2.3 | 2.4 | 3.0 | −4.7 | 7.0 | −0.7 | 4.5 |
| 2020 | 18.5% | 0.1 | −8.1 | −12.5 | 12.8 | 4.8 | 1.9 | 5.8 | 7.0 | −3.8 | −2.5 | 10.8 | 3.8 |
| 2019 | 32.0% | 8.5 | 3.5 | 1.7 | 4.1 | −6.3 | 7.1 | 1.5 | −1.9 | 1.8 | 2.2 | 3.8 | 2.9 |
| 2018 | −4.8% | 5.3 | −3.6 | −2.2 | 0.5 | 2.5 | 0.5 | 3.4 | 3.5 | 0.4 | −7.0 | 2.0 | −9.0 |
| 2017 | 21.3% | 1.9 | 3.6 | 0.4 | 0.8 | 1.3 | 0.9 | 1.8 | 0.1 | 2.1 | 2.3 | 3.0 | 1.3 |
| 2016 | 11.8% | −6.5 | 1.6 | 6.1 | −0.2 | 2.1 | 0.3 | 4.0 | 0.1 | 0.5 | −2.3 | 4.4 | 1.7 |
| 2015 | 1.1% | −2.8 | 5.8 | −1.0 | 0.3 | 1.4 | −1.8 | 2.0 | −5.9 | −3.6 | 9.4 | 0.1 | −1.7 |
| 2014 | 13.7% | −2.6 | 4.7 | 0.2 | −0.1 | 2.9 | 2.3 | −1.5 | 3.7 | −1.1 | 1.8 | 2.8 | −0.1 |
| 2013 | 33.2% | 5.8 | 1.8 | 3.5 | 1.6 | 3.9 | −2.4 | 4.9 | −2.4 | 3.6 | 4.5 | 2.5 | 2.1 |
| 2012 | 15.1% | 4.7 | 4.4 | 3.1 | −0.9 | −5.8 | 3.2 | 2.1 | 2.1 | 2.4 | −1.9 | 0.6 | 0.7 |
| 2011 | 1.7% | 2.3 | 3.2 | 0.5 | 3.1 | −1.7 | −1.3 | −1.7 | −5.5 | −4.4 | 7.2 | −0.7 | 1.6 |
| 2010 | 15.9% | −3.3 | 2.9 | 6.4 | 1.7 | −8.0 | −5.0 | 6.6 | −4.6 | 10.4 | 2.8 | 0.1 | 6.6 |
| 2009 | 27.2% | −8.0 | −9.8 | 8.8 | 9.1 | 5.2 | 0.5 | 7.7 | 3.3 | 3.6 | −1.6 | 5.3 | 2.5 |
| 2008 | −36.9% | −6.5 | −2.3 | −0.4 | 4.8 | 2.1 | −7.8 | −1.6 | 1.5 | −10.7 | −14.8 | −9.6 | 2.6 |
| 2007 | 5.8% | 1.7 | −1.8 | 0.9 | 5.3 | 2.4 | −1.6 | −3.0 | 0.9 | 4.3 | 0.9 | −2.8 | −1.3 |
| 2006 | 14.5% | 2.2 | 1.0 | 0.2 | 1.2 | −3.3 | 0.7 | −0.2 | 2.7 | 2.7 | 3.0 | 2.4 | 1.2 |
| 2005 | 2.1% | 2.1 | 0.0 |
Each month runs from the last close of the month before. The first month counts from the first close.
How risky is SPYM compared with the S&P 500?#
Measured from October 2021 to October 2026, on the days both traded.
- Beta 0.98. When the S&P 500 moved 1% in a day, SPYM tended to move about 0.98%.
- Correlation 1.00. SPYM mostly moved with the S&P 500.
- Up and down months. In months the S&P 500 rose, SPYM rose 100% as much on average. In months it fell, SPYM fell 100% as much.
| Measure | SPYM | S&P 500 (SPY) |
|---|---|---|
| Return per year | 12.9% | 12.8% |
| Volatility | 16.9% | 17.1% |
| Worst drop | −24.5% | −24.5% |
| Sharpe ratio | 0.80 | 0.79 |
| Sortino ratio | 1.16 | 1.15 |
| Calmar ratio | 0.53 | 0.52 |
Volatility is how much the price swings in a year. The Sharpe ratio is return per unit of volatility, the Sortino ratio counts only the falls, and the Calmar ratio is the return per year over the worst drop. Higher ratios mean more return for the risk taken.
Is SPYM above its 200-day average?#
SPYM closed 5.8% above its 200-day average on October 16, 2026. A rule that holds SPYM only above that average would hold it today.
- vs 200-day average
- +5.8%
- above it
- 50-day vs 200-day
- +6.3%
- trend rising
- vs 52-week high
- −2.1%
- high of $91.72
A moving average is the average close over the last so many days. Trend rules such as the 10-month moving average strategy hold a fund only while it is above one. You can build that rule for SPYM and backtest it in a minute.
What was SPYM’s worst drop?#
A drawdown is how far a fund falls from its last high point. SPYM’s worst fall was −54.5%, from October 10, 2007 to March 9, 2009. It got back to that high on March 16, 2012. On October 16, 2026 it was 2.1% below its highest close.
| Drop | From the high | To the bottom | Back to the high |
|---|---|---|---|
| −54.5% | Oct 10, 2007 | Mar 9, 200917 months | Mar 16, 20123.0 years |
| −33.9% | Feb 19, 2020 | Mar 23, 202033 days | Aug 10, 20205 months |
| −24.5% | Jan 3, 2022 | Oct 12, 20229 months | Dec 13, 202314 months |
| −19.8% | Sep 20, 2018 | Dec 24, 20183 months | Apr 5, 20193 months |
| −18.7% | Feb 19, 2025 | Apr 8, 20252 months | Jun 26, 20253 months |
Big drops are normal for some funds. They matter because selling during a drop locks in the loss.
What does SPYM hold?#
This fund owns the roughly 500 large US companies in the S&P 500. It charges a yearly fee of just 0.02%. Its value goes up and down with big US stocks.
It tracks the S&P 500 Index. It had 505 holdings as of October 15, 2026, according to SPDR (State Street).
What is the SPYM expense ratio?#
SPYM charges 0.02% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.02% fee comes to about $2 a year. Of the 162 ETFs on Tactfolio, 99% charge more.
You never get a bill for it. The fund takes the fee out of its own value a little each day.
Which Tactfolio strategies hold SPYM?#
No classic strategy holds SPYM yet. You can add it to your own rules in the builder and see how they would have done.
How does SPYM compare with similar ETFs?#
Funds that can stand in for SPYM:
- IVV: iShares Core S&P 500 ETF, 0.03% a year
- VOO: Vanguard S&P 500 ETF, 0.03% a year
- SPY: State Street SPDR S&P 500 ETF Trust, 0.0945% a year
- ITOT: iShares Core S&P Total U.S. Stock Market ETF, 0.03% a year
See all 8 SPYM alternatives, compared on the same dates as SPYM.
Test SPYM in your own rules#
Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add SPYM, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.
The details#
Prices come from Tactfolio’s stored daily prices for SPYM and SPY. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns. Beta and correlation compare daily returns with the S&P 500 over the same dates.
Fund facts come from SPDR (State Street). We checked them on October 17, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.
Common questions#
What is the expense ratio of SPYM?#
SPYM charges 0.02% a year, according to SPDR (State Street) as of October 17, 2026. That is about $2 a year for every $10,000 you hold.
When did SPYM start trading?#
SPYM started trading on November 8, 2005. It is run by SPDR (State Street).
What does SPYM track?#
SPYM tracks the S&P 500 Index. This fund owns the roughly 500 large US companies in the S&P 500.
How much has SPYM returned per year?#
From November 2005 to October 2026, SPYM returned about 11.2% a year with dividends reinvested. Its worst drop was −54.5%. Past returns do not tell you what it will do next.
Is SPYM above its 200-day moving average?#
On October 16, 2026, SPYM closed 5.8% above its 200-day moving average. This page updates after each US market close.
Which strategies use SPYM?#
None of Tactfolio’s classic strategies hold SPYM yet. You can test it in your own rules in the builder.