S&P 500 ETF Weakens Despite 17% 2025 Rally, Record 401(k) Millionaires
State Street SPDR S&P 500 ETF Trust shares have weakened recently despite the S&P 500 rising 17% in 2025 and Nasdaq up over 20%. Fidelity data shows 401(k) millionaires hit 665,000 as average balances rose 11% to $146,100, driven by a 14.2% savings rate and 40% of workers boosting contributions.
1. SPY Performance Trends
State Street SPDR S&P 500 ETF Trust shares have declined over recent sessions despite broad market strength, with the S&P 500 up 17%, Nasdaq Composite up more than 20% and Russell 2000 rising around 13% in 2025.
2. Record 401(k) Millionaire Growth
Fidelity data shows the number of 401(k) millionaires reached a record 665,000 at year-end 2025, while average account balances climbed 11% to $146,100, supported by an average savings rate of 14.2% and nearly 40% of workers increasing contributions.
3. ETF Role in Retirement Portfolios
Low-cost index ETFs like SPDR S&P 500 ETF Trust and Vanguard Total Stock Market ETF provide market exposure similar to many 401(k) plans, while bond ETFs such as iShares Core U.S. Aggregate Bond ETF offer stability for investors approaching retirement.