The S&P 500 is on track for a third consecutive year with a double-digit gain.

The stock market continues to be on a tear in 2025. Although there was a slump earlier in the year due to President Trump's escalating trade war, stocks have more than recovered since bottoming in April. As of the end of September, the S&P 500 ( ^GSPC -0.28% ) was up just under 14% year to date. This comes on the heels of two straight years of at least 20% gains for the index.

The S&P 500 includes the biggest companies in the U.S. market, and the most popular way to invest in it is through an exchange-traded fund (ETF), such as the SPDR S&P 500 ETF ( SPY -0.36% ) .

But as the index continues to hit new highs thanks to the very bullish hype behind artificial intelligence, many investors may w

See Full Page