Skip to main content

      More Results
        More Results

        From Sectors and Smart Beta to Fixed Income, SPDR Exchange Traded Funds (ETFs) give you wide access to diverse investment opportunities. Find out more.

        Okay

        ETF Market Outlook 2026

        Uncomfortably bullish

        The bull market enters 2026 with momentum. But valuations are stretched, and the global order is shifting in ways that could introduce new risks.

        Get our Outlook

        In 2026, we believe portfolios should be anchored by resilience, driven by innovation, and executed with precision.

        Sustaining momentum, strengthening resilience

        What’s driving the bull market forward? What’s challenging the rally? And how can investors reposition portfolios for the year ahead?

        What’s ahead

        Boost resilience with multi-asset and alternative strategies

        As shifts in policy, stubborn inflation, and rapid technological change reshape market dynamics, it’s time to rethink traditional portfolio allocations.

        Diversify differently

        Target AI and policy-led growth from US to emerging markets

        As AI powers large-cap growth companies and lifts emerging market sentiment, monetary easing and deregulation are creating opportunities in cyclical sectors like small caps and banks.

        Pursue growth

        Pursue bond upside with active short duration and credit

        Rising deficits, persistent inflation, and steepening yield curves demand active management across securitized assets, investment-grade corporates, and high yield.

        Go active

        Authors

        Bio Image of Michael W Arone

        Michael W Arone

        Chief Investment Strategist

        Read Full Bio
        Bio Image of Matthew J Bartolini

        Matthew J Bartolini

        Global Head of Research

        Read Full Bio

        Contributor

        Bio Image of Anqi Dong

        Anqi Dong

        Global Head of Sector Strategy

        Read Full Bio

        Don’t miss out

        Get more fresh insights into markets and the economy delivered straight to your inbox.

        Sign up

        About our ETF Market Outlook

        In this Market Outlook by State Street Investment Management, learn what may be next for the economy and markets and where to look for future investment opportunities.

        For institutional / professional investors use only.

         

        View More Information About Our Firm: FINRA's BrokerCheck

         

        State Street Global Advisors (SSGA) is now State Street Investment Management.  Please click here for more information.

         

        Investing involves risk including the risk of loss of principal. The whole or any part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third parties without SSGA’s express written consent.

         

        ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

         

        The S&P 500® Index is a product of S&P Dow Jones Indices LLC or its affiliates (“S&P DJI”) and have been licensed for use by State Street Global Advisors. S&P®, SPDR®, S&P 500®, US 500 and the 500 are trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”) and has been licensed for use by S&P Dow Jones Indices; and these trademarks have been licensed for use by S&P DJI and sublicensed for certain purposes by State Street Global Advisors. The fund is not sponsored, endorsed, sold or promoted by S&P DJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of these indices.

         

        Distributor: State Street Global Advisors Funds Distributors, LLC (SSGA FD), Member FINRA and an indirect wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. One Congress Street Boston, MA 02114. ALPS Distributors, Inc. (ALPS) is the distributor for SPY, MDY, and DIA, all unit investment trusts. SSGA FD and ALPS are not affiliated.

         

        THIS SITE IS INTENDED FOR QUALIFIED INVESTORS ONLY.

         

        No Offer/Local Restrictions

         

        Nothing contained in or on the Site should be construed as a solicitation of an offer to buy or offer, or recommendation, to acquire or dispose of any security, commodity, investment or to engage in any other transaction. SSGA Intermediary Business offers a number of products and services designed specifically for various categories of investors. Not all products will be available to all investors. The information provided on the Site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation.

         

        The information provided does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon.  You should consult your tax and financial advisor. All material has been obtained from sources believed to be reliable. There is no representation or warranty as to the accuracy of the information and State Street shall have no liability for decisions based on such information.

         

        The trademarks and service marks referenced herein are the property of their respective owners. Third party data providers make no warranties or representations of any kind relating to the accuracy, completeness or timeliness of the data and have no liability for damages of any kind relating to the use of such data.

         

        All information is from SSGA unless otherwise noted and has been obtained from sources believed to be reliable, but its accuracy is not guaranteed.  There is no representation or warranty as to the current accuracy, reliability or completeness of, nor liability for, decisions based on such information and it should not be relied on as such.

         

        All persons and entities accessing the Site do so on their own initiative and are responsible for compliance with applicable local laws and regulations. The Site is not directed to any person in any jurisdiction where the publication or availability of the Site is prohibited, by reason of that person's nationality, residence or otherwise. Persons under these restrictions must not access the Site.

         

        Information for Non-U.S. Investors:

         

        The products and services described on this web site are intended to be made available only to persons in the United States or as otherwise qualified and permissible under local law. The information on this web site is only for such persons. Nothing on this web site shall be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.

         

        Before investing in a fund, consider its investment objectives, risks, charges, and expenses. A prospectus (and/or summary prospectus) containing this and other information is available here or by calling 1-866-787-2257 (ETFs and Mutual Funds) or 1-877-521-4083 (Cash). Read it carefully.

         

        Not FDIC Insured * No Bank Guarantee * May Lose Value

         

        AdTrax Code: 6729648.4.1.AM.INST

        Expiration Date: November 30, 2026

         

        Sitemap

        © [[]] %%State Street Corporation%%. <br/>All rights reserved.