SPDR S&P 500 ESG ETF (EFIV) Valuation
EFIV valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 24.7 trailing earnings
- Forward P/E
- 18.3 analyst estimates
- Price / sales
- 3.38
- Price / book
- 5.36
- EV / EBITDA
- 16.7
- Earnings yield
- 4.05% inverse of P/E
- Dividend yield
- 1.21% of the holdings
- Return on equity
- 21.7% combined
- Net margin
- 13.7% combined
- Beta
- 1.16 weighted, vs S&P 500
EFIV valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| EFIV | 24.7 | 18.3 | 3.38 | 5.36 | 1.21% | 21.7% | 13.7% | 2.8% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
EFIV valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 36.9% | 27.8 | 20.6 | 8.73 | 10.30 | 0.63% | 37.1% |
| Financial Services | 13.0% | 16.7 | 13.8 | 3.59 | 2.62 | 1.72% | 15.7% |
| Healthcare | 12.8% | 39.4 | 16.8 | 1.66 | 5.00 | 1.62% | 12.7% |
| Communication Services | 10.3% | 17.0 | 19.9 | 5.75 | 5.19 | 0.53% | 30.6% |
| Industrials | 7.1% | 29.4 | 21.6 | 3.24 | 6.67 | 1.12% | 22.7% |
| Consumer Defensive | 5.3% | 32.5 | 23.2 | 1.39 | 6.40 | 2.03% | 19.7% |
| Consumer Cyclical | 4.8% | 24.1 | 16.7 | 1.82 | 8.99 | 2.11% | 37.2% |
| Energy | 3.0% | 17.6 | 11.2 | 1.69 | 2.65 | 2.00% | 15.0% |
| Real Estate | 2.2% | 39.5 | 33.4 | 5.82 | 3.11 | 2.94% | 7.9% |
| Basic Materials | 1.9% | 33.0 | 17.4 | 3.05 | 3.85 | 1.54% | 11.7% |
| Utilities | 1.3% | 20.2 | 17.0 | 3.36 | 2.18 | 2.81% | 10.8% |
EFIV earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How EFIV weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
EFIV largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 12.32% | 27.1 | 24.9 | 17.1 | 0.47% | 11.45% |
| MSFT | Microsoft Corporation | 9.82% | 29.5 | 25.1 | 11.8 | 0.74% | 8.38% |
| GOOGL | Alphabet Inc. | 4.59% | 17.1 | 22.8 | 9.3 | 0.26% | 6.75% |
| GOOG | Alphabet Inc. | 3.66% | 16.9 | 21.8 | 9.2 | 0.26% | 5.44% |
| LLY | Eli Lilly and Company | 2.71% | 42.2 | 24.4 | 14.1 | 0.55% | 1.62% |
| MU | Micron Technology, Inc. | 2.41% | 11.8 | 7.0 | 7.5 | 0.07% | 5.12% |
| V | Visa Inc. | 1.76% | 34.3 | 24.0 | 17.0 | 0.67% | 1.29% |
| ABBV | AbbVie Inc. | 1.29% | 80.6 | 16.4 | 7.8 | 2.42% | 0.40% |
| WMT | Walmart Inc. | 1.27% | 43.0 | 38.0 | 1.3 | 0.83% | 0.74% |
| MA | Mastercard Incorporated | 1.23% | 34.0 | 24.2 | 15.4 | 0.56% | 0.91% |
| INTC | Intel Corporation | 1.10% | — | 63.3 | 8.3 | — | −0.65% |
| COST | Costco Wholesale Corporation | 1.08% | 47.6 | 40.3 | 1.4 | 0.59% | 0.57% |
| CSCO | Cisco Systems, Inc. | 1.02% | 32.2 | 19.8 | 6.7 | 1.56% | 0.80% |
| KO | The Coca-Cola Company | 0.95% | 28.2 | 25.3 | 8.1 | 2.26% | 0.85% |
| UNH | UnitedHealth Group Incorporated | 0.92% | 25.8 | 16.6 | 0.8 | 2.31% | 0.90% |
| MRK | Merck & Co., Inc. | 0.87% | 115.8 | 15.3 | 5.4 | 2.33% | 0.19% |
| BAC | Bank of America Corporation | 0.84% | 12.2 | 10.8 | 3.1 | 2.50% | 1.73% |
| HD | The Home Depot, Inc. | 0.82% | 21.5 | 19.8 | 1.8 | 3.01% | 0.96% |
| CAT | Caterpillar Inc. | 0.80% | 31.5 | 25.4 | 4.5 | 0.89% | 0.64% |
| GCP | General Electric Company | 0.76% | — | — | — | — | — |
| PANW | Palo Alto Networks, Inc. | 0.73% | 855.0 | 94.3 | 24.4 | — | 0.02% |
| AMAT | Applied Materials, Inc. | 0.73% | 35.3 | 23.4 | 10.5 | 0.52% | 0.52% |
| NFLX | Netflix, Inc. | 0.71% | 22.2 | 18.7 | 6.1 | — | 0.81% |
| LRCX | Lam Research Corporation | 0.69% | 45.8 | 33.7 | 14.2 | 0.50% | 0.38% |
| TXN | Texas Instruments Incorporated | 0.66% | 42.1 | 27.5 | 13.0 | 2.20% | 0.40% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About EFIV valuation
Adding up its 319 holdings with company data, EFIV trades at 24.7 times trailing earnings and 18.3 times analysts' forward estimates, with a price-to-book ratio of 5.36 and a dividend yield of 1.21%. Its earnings yield of 4.05% is 1.28 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 41.1% of the fund and earn 42.1% of its combined profit. By sector, Real Estate is the most expensive at 39.5 times earnings and Financial Services the cheapest at 16.7. Companies that lost money over the past year are 2.8% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 99.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: EFIV chart, EFIV performance, EFIV holdings, EFIV dividends.
EFIV valuation FAQ
What is the P/E ratio of EFIV?
Based on its holdings, EFIV has a trailing P/E of 24.7 and a forward P/E of 18.3 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of EFIV?
The trailing earnings yield is 4.05% (1 ÷ P/E) and the forward earnings yield 5.46%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is EFIV more expensive than the S&P 500?
EFIV trades at 24.7 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 18.3 and 19.9.
What is the price-to-book ratio of EFIV?
The holdings of EFIV trade at 5.36 times book value, with a combined return on equity of 21.7%.
Which sector in EFIV has the highest P/E?
Real Estate has the highest P/E at 39.5 and Financial Services the lowest at 16.7.