Skip to contentHome page Seeking Alpha - Power to InvestorsMar. 01, 2026 4:14 AM ETState Street SPDR Portfolio S&P 500 ETF (SPYM)SPY, RSP, CCL, APA, PYPL, UHS, LMT, NEM, LW, IT, EIX, CUK, CUKPF, LMT:CA, PYPL:CAFred PiardInvesting Group LeaderCommentsSummaryThe SPDR Portfolio S&P 500 ETF offers a low-cost, liquid option for long-term S&P 500 exposure, with a 0.02% expense ratio.The S&P 500 median company is currently overvalued by 13% relative to 11-year historical averages, with quality near baseline.Energy leads in both value and quality scores, while materials and industrials are notably overvalued and least compelling fundamentally.The mega-cap bias has reversed recently, resulting in balanced 12-month returns in cap-weighted and equal-weighted S&P 500.Nine stocks that are cheaper than their peers.Quantitative Risk & Value members get exclusive access to our real-world portfolio. See all our investments