State Street Corp. (NYSE:STT), the issuer behind the massive SPDR S&P 500 ETF Trust (NYSE:SPY), has seen its fundamental “Quality” ranking deteriorate into the bottom decile this week.

Check out STT’s stock price here.

Quality Score Hits Bottom 10%

The drop in operational scoring comes as reports surface that the Donald Trump administration is exploring executive orders that could curtail the voting power of major index fund managers.

According to the latest Benzinga Edge’s Stock Rankings data, State Street's quality score fell week-on-week from 10.26 to 9.73.

This ranking is a percentile-based metric, meaning State Street currently ranks lower than approximately 90% of its peers in terms of operational efficiency and financial health.

The metric specifically evaluates a company by analyzing historical profitability and fundamental strength indicators. A slide into ...