SPDR S&P 500 ETF Trust

The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the index (the “Portfolio”), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the index.

The latest employment report showed 254,000 jobs were added in September. That's well above forecasts of the expected addition of 147,000 new jobs.

Employment Report: 254K Jobs Added in September, Well Above Expectations

The Fed has started the rate-cutting cycle but intends to keep it medium-paced. Blend ETFs should perform well in such a scenario.

Forget Growth or Value: Try Blend ETFs as Fed in no 'Hurry' to Cut Rates

The SPDR S&P 500 ETF Trust posted a gain of 2.10% in September as it continues marching on in 2024. The Top 15 dividend growth stocks for October 2024 offer an average dividend yield of 1.05% and appear to be about 20% undervalued based on dividend yield theory.

My Top 15 High Growth Dividend Stocks For October 2024

SPY locks in another positive month this year after gaining 2.10% in September. The top 10 stocks on the watchlist for October 2024 offer a 3.89% dividend yield, more than double the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 17.96% since its inception in November 2020.

My Top 10 High-Yield Dividend Stocks For October 2024

The S&P 500 is on its way for yet another successful year with year-to-date return of 22%. With valuations once again at record highs and bond yields sitting well above their 2021 values, upside from here appears limited. Investors buying the SPY should also consider the ETF's higher risk exposure.

SPDR S&P 500 ETF TrustSPY

SPDR S&P 500 ETF Trust
SPY