SPY History

SPY History is a data page on the Markets desk of Glassbox Auditing. Whether today, this month and this year are normal for SPY: buying vs selling, calls vs puts, daily moves and calm vs busy markets against their own history.

Last updated: 7 Nov 2026.

What is the latest reading?

Sector ETF correlation (63 sessions): 0.23 as of 6 Nov 2026, -0.3 pts since Mar 1999. Source: Yahoo Finance daily closes: sector SPDR ETFs, SPY, IWM, QQQ, EWY, KRE, EZU, EWQ, TLT, WEAT (wheat), BNO (Brent).

What is on this page today?

US stocks gained 8.5% over the past year in dollars, #10 of 14 markets — Average one-year return in dollars: treaty allies +12.9%, partners +14.3%, rivals -0.9% · each country's main stock index converted at the day's exchange rate, price indexes without dividends (Each country's stock exchange, 7 Nov 2026)
Quality funds are 14.2 points ahead of momentum funds over 3 months (63 trading days), QUAL against MTUM — Higher than on 100% of days since 2013 · price returns of two fund pairs with different stocks and weights, not a quality index (iShares (QUAL, MTUM) and Invesco (SPHQ, SPMO) fund closing prices, 6 Nov 2026)
Quality funds are 10.7 points ahead of momentum funds over 3 months (63 trading days), SPHQ against SPMO — Higher than on 99% of days since 2016 · price returns of two fund pairs with different stocks and weights, not a quality index (iShares (QUAL, MTUM) and Invesco (SPHQ, SPMO) fund closing prices, 6 Nov 2026)
Cboe's 3-month implied correlation is 20.5 on 6 Nov, lower than on 86% of days since 2006 — What options traders pay for the S&P 500's 50 largest stocks to move together over the next three months; the change is against a month earlier (21 trading days) (Cboe Global Markets, 6 Nov 2026)
56% of the S&P 500 is above its 200-day average on 6 Nov — 47% a month earlier · Today's members applied to past days (This terminal's count from exchange closing prices (members per State Street's SPY holdings), 6 Nov 2026)
SPY up 0.3% to $735.29 — Close on 6 Nov 2026, +$2.29 a share (NYSE Arca, 6 Nov 2026) SPY
SPY: sellers started 53.2% of volume on 6 Nov, against a usual 50.2% — usual: the average of the 20 sessions before · tick rule on every exchange's trades, an estimate (NYSE Arca, 6 Nov 2026) SPY
The nine sector funds' average 63-session correlation is 0.23 on 6 Nov, higher than 4% of days since 1999 — How closely the original nine sector ETFs move together; low means stocks are moving on their own news, so the index can look calm while single stocks swing · the change is against 21 sessions earlier (NYSE Arca, 6 Nov 2026)
61% of the S&P 500 is above its 50-day average on 6 Nov — 32% a month earlier · Today's members applied to past days (This terminal's count from exchange closing prices (members per State Street's SPY holdings), 6 Nov 2026)
The S&P 500 is up 7.8% so far in 2026, against +14.3% in an average year and +16.4% in 2025 — typical daily move this year 0.87% · biggest fall from a high -9.1% · last 30 days -5.4% · the average year is the mean of the last five calendar years (S&P Dow Jones Indices, 6 Nov 2026)
New 52-week highs minus lows: +0.6% of the S&P 500 on 6 Nov (7 highs, 4 lows) — +0.8% a month earlier · Today's members applied to past days (This terminal's count from exchange closing prices (members per State Street's SPY holdings), 6 Nov 2026)
SPY has traded 13.0B shares so far in 2026, -14.1% on the same stretch of 2025 — November so far 330.6M (+89.0% on the same stretch of the month before) · shares traded on every exchange, completed sessions through 6 Nov · the line is each complete month's total (NYSE Arca, 6 Nov 2026)
Buyers started 50.2% of SPY's classified shares so far in November, against 47.4% over the same stretch of the month before — 50.3% a year earlier · 49.7% year to date · every SPY trade on every exchange read by the tick rule (a higher price than the last different one is a buy) · completed sessions through 6 Nov (NYSE Arca, 6 Nov 2026)
Utilities is near the bottom of its record against the S&P 500: 1.0% of days since 1998 were lower — the 11 sector funds' price against SPY, each in its own record; lowest: Utilities, Consumer staples, Real estate · highest: Technology (98.1%) · over a year Energy gained +29.9% and Communication services -14.9% against… (NYSE Arca, 6 Nov 2026)
SPY's us morning block on Friday 6 Nov was unusually active (94th percentile) against the past year's sessions — Realized volatility of each block's latest completed session, as the share of the past year's sessions of that block it beat; 50 is typical · the most unusual block leads, the line is its realized volatility session by… (NYSE Arca, 6 Nov 2026)
SPY options traded 10.1M contracts on 6 Nov, -1% against their 1-year daily average, more than 51% of the year's sessions — previous session 17.1M · puts 1.07 for every call, 1.13 over the year · contracts in the tracked expirations' stored daily record · the line is each session's contracts (U.S. options exchanges, 6 Nov 2026)
The equal-weight S&P 500 has beaten the cap-weighted index by 5.9% over a year — RSP against SPY · the average stock against the biggest (NYSE Arca daily closes (RSP, SPY), 6 Nov 2026)
SPY options have traded 2.2B contracts so far in 2026, +33.4% on the same stretch of 2025 — puts 1.13 for every call · 1.0B calls and 1.2B puts · November so far +20.4% on the same stretch of the month before · completed sessions through 6 Nov, the tracked expirations' record · the line is each complete… (U.S. options exchanges, 6 Nov 2026)
Leveraged funds net short 2-year Treasury note futures: 32.5% of open interest, week of 3 Nov — Asset managers +42.0% · above 91% of the last 3 years' weeks (CFTC (Commitments of Traders), 5 Nov 2026)
Leveraged funds net short 5-year Treasury note futures: 34.5% of open interest, week of 3 Nov — Asset managers +47.3% · above 78% of the last 3 years' weeks (CFTC (Commitments of Traders), 5 Nov 2026)

Where does the data come from?

Items on this page come from Each country's stock exchange; iShares (QUAL, MTUM) and Invesco (SPHQ, SPMO) fund closing prices; Cboe Global Markets; This terminal's count from exchange closing prices (members per State Street's SPY holdings); NYSE Arca; S&P Dow Jones Indices; U.S. options exchanges; NYSE Arca daily closes (RSP, SPY). Each item links to its own source. All sources, how items are checked.

What does this page lead to?

Stock by Stock (Markets): When SPY rises while fewer S&P 500 stocks rise or stand above their averages, a few of the largest holdings are carrying the index, which is the concentration Stock by Stock shows holding by holding. (either way, depending on the cause; same day; company scale) Source: S&P 500 market breadth counted by the terminal (Alpaca daily closes of the S&P 500 members in State Street's SPY holdings).
Household Finances (Macro): Stocks and funds are a large share of U.S. household wealth, most of it held by the top tenth, so a sustained S&P 500 rise lifts household net worth in the Fed's quarterly distributional accounts. (moves the same way; next quarterly release; economy scale) Source: Federal Reserve Distributional Financial Accounts.
Fear Gauge (VIX) (Briefing): When SPY's daily moves grow larger than usual, the VIX tends to rise with them, since index options are priced off the swings traders have just seen and expect next. (moves the same way; same day; economy scale) Source: Cboe VIX index data (daily history and delayed quotes).
Economies & Debt (World Powers): The S&P 500 tends to move with the stock markets of the U.S.'s allies and trading partners, since their companies share customers, suppliers and funding costs; Economies & Debt holds those markets. (moves the same way; same day; global scale) Source: Yahoo Finance prices.
Valuation (Companies): Between reports earnings stay fixed, so a long rally lifts P/E ratios across the index and pushes more companies above their own 10-year ranges until earnings catch up. (moves the same way; same day; company scale) Source: Yahoo Finance quarterly statements.
Business Activity (Macro): Higher stock wealth tends to lift spending by the households that own most of it, a few cents a year per dollar of gains, which shows up in retail sales. (moves the same way; 2-4 quarters; economy scale) Source: U.S. Census Bureau Economic Indicators (retail, durable goods, construction, housing, business formation, inventories, trade).
Budget & Spending (Macro): A strong stock year raises realized capital gains, which lift individual income tax receipts in the following April's Monthly Treasury Statement; a weak year lowers them. (moves the same way; next April; economy scale) Source: U.S. Treasury, Monthly Treasury Statement.
Debt & Interest (Macro): Leveraged funds are often net short Treasury futures against cash bonds they hold (the basis trade); when a crowded position like that unwinds, the bonds go with it, so shifts in this weekly positioning can arrive with moves in the yields the government pays. (either way, depending on the cause; days to weeks; economy scale) Source: CFTC Traders in Financial Futures (E-mini Russell 2000, Nasdaq-100 and S&P 500; 2-year, 5-year, 10-year, Ultra 10-year, bond and Ultra bond Treasuries; 3-month SOFR; VIX; U.S. dollar index; yen; euro).
Risk Monitor (Briefing): Leveraged funds' net position in VIX futures, published each Friday, shows whether fast money leans toward calm or toward swings; the Risk Monitor's VIX curve gauge reads the same volatility market. (either way, depending on the cause; weekly; economy scale) Source: CFTC Traders in Financial Futures (E-mini Russell 2000, Nasdaq-100 and S&P 500; 2-year, 5-year, 10-year, Ultra 10-year, bond and Ultra bond Treasuries; 3-month SOFR; VIX; U.S. dollar index; yen; euro).

What feeds this page?

Time Search (Briefing): A searched window's S&P 500 move opens the SPY History page, where the same days sit inside the index's full record of returns and drawdowns. (either way, depending on the cause; same day; economy scale) Source: Yahoo Finance prices.
Search everything (Briefing): A hit on a market-relationship tracker or a reel about correlation, positioning or bond volatility opens the SPY History section that holds that tracker's own record. (either way, depending on the cause; same day; sector scale) Source: model2vec potion-base-8M (MinishLab), run locally on this Mac.
Fear Gauge (VIX) (Briefing): The VIX tends to rise when SPY falls and settle when it climbs; on most days the two move in opposite directions. (moves the other way; same day; economy scale) Source: Cboe VIX index data (daily history and delayed quotes).
Upcoming (Calendar): Market holidays and 1 pm closes thin out trading, so volume tends to run light around them, while report and Fed days tend to bring the year's busiest sessions. (either way, depending on the cause; the days around each date; economy scale) Source: NYSE holidays and trading hours.
Company Reports (Calendar): The ten largest companies make up over a third of the S&P 500, so a few of their reports can swing SPY on the day. (either way, depending on the cause; same day; economy scale) Source: State Street, SPY daily holdings.
Report Reactions (Calendar): Report days are a large share of the year's biggest SPY moves, so a run of hard reactions shows up as a busier month for SPY. (moves the same way; same month; economy scale) Source: Yahoo Finance prices.
Company (Companies): The largest companies each carry several percent of SPY's holdings, so a sharp move in one of them shifts the S&P 500 itself. (moves the same way; same day; economy scale) Source: State Street, SPY daily holdings.
Election Outlook (Domestic Intelligence): Markets price expected results in advance, and on election night stocks move on the gap between the result and the odds traders held. (either way, depending on the cause; election night; economy scale) Source: Polymarket (public blockchain trades and wallet profiles).
All Indicators (Macro): Growth, inflation, rates and profits on the board are what investors weigh when pricing earnings, so broad surprises across them tend to show up in SPY's daily moves and trend; strong data can lift stocks or, through higher rates, weigh on them. (either way, depending on the cause; same day to months; economy scale) Source: FRED (Federal Reserve Bank of St. Louis).
Crypto (Markets): Bitcoin has moved more closely with stocks since 2020, so large swings in crypto and in SPY often arrive on the same days; the correlation chart on the Crypto page measures how closely. (either way, depending on the cause; same day; economy scale) Source: FRED (Federal Reserve Bank of St. Louis).
Kalshi (Markets): The Fed's own projections for its interest rate, shown on Kalshi beside the crowd's odds, move four times a year; a higher projected path tends to lift Treasury yields and the rate used to value future profits, which weighs on stock prices, and a lower one tends to ease it. (moves the other way; weeks; economy scale) Source: Federal Reserve Board, Summary of Economic Projections (FOMC projection tables).
Dealer Gamma: Detail (Options): The blended reading's history sits beside SPY's calm or busy days on SPY History, where the usual claim that positive gamma comes with smaller daily moves can be checked. (moves the other way; same day; economy scale) Source: Dealer gamma computed by the terminal (Black-Scholes greeks from closing mids; dealers assumed long calls and short puts).
Government (People & Money): Elections, inaugurations and major bills change expected taxes, spending and rules, and SPY and sector funds tend to reprice around them; the page measures those moves without claiming the event caused them. (either way, depending on the cause; 1-20 trading days; economy scale) Source: Yahoo Finance prices.
Influence Sentiment (People & Money): Studies find insider buying across many companies tends to rise after market declines and to precede above-average market returns (Seyhun, 1988). (moves the same way; 6-12 months; economy scale) Source: SEC Insider Transactions Data Sets.
Investing Basics (Personal Finance): Index funds hold the same S&P 500 that SPY tracks day to day; the long record shows how the short falls seen on SPY History compare with a century of yearly returns. (moves the same way; same day; economy scale) Source: Aswath Damodaran, Historical Returns on Stocks, Bonds and Bills (NYU Stern).