The SPY ETF, which tracks the S&P 500, could see varying impacts across its diverse sectors depending on the nature of the export investment restrictions. The direct effect is uncertain without specific details on the restrictions, hence a neutral score. The relevance is moderate as the entire ETF could be indirectly affected, and the importance is significant due to potential implications for international trade and investment flows. Confidence in this analysis is moderate, awaiting further details on the restrictions.