With the S&P 500 at Historically High Levels, This ETF Could Be the Best Way to Invest in the Index

The S&P 500 has long been the stock market's most followed and important index. Tracking 500 of the largest American companies on the market, it's often used to gauge the health of the U.S. economy and market. After the index declined by over 19% in 2022, it has experienced a bull run, with its levels increasing by over 68% since the start of 2023. That's the good news.Image source: Getty Images.The "we should keep an eye on that" news is that now the S&P 500 is trading at historically high levels. Based on its Shiller price-to-earnings (P/E) ratio -- which measures stock prices against inflation-adjusted average earnings over the past 10 years -- the S&P 500 is trading at levels we haven't seen in quite some time. And unfortunately, anytime the index has reached these levels, sharp declines soon followed.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool