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For Monster Gains With World’s Largest ETF, Trade It After Hours

  • Buying SPY at close, selling at open yielded 670% since 1993
  • Daytime trading won out earlier in 2019, but trend is resuming

Waiting for the trading floor to clear for the night might be the best way to notch up gains using the world’s largest exchange-traded fund.

Buying the SPDR S&P 500 ETF, or SPY, at the close of trading and selling it at the next day’s market open has yielded more than 670%, excluding dividends, since 1993, according to Bespoke Investment Group. That compares with a loss of more than 11% if you bought the fund at the open and sold at the close on the same day.