SPDR Portfolio S&P 500 High Dividend ETF (NYSE:SPYD) generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of 80 high dividend-yielding companies within the S&P 500® Index. The S&P 500 Index focuses on the large capitalization U.S. equity market, including common stock and real estate investment trusts (“REITs”).
- Net Assets: 6.48B
- NAV: 42.63
- Yield: 3.72%
- Expense Ratio: 0.07%
- YTD Daily Total Return: 2.91%
- 1-Year Daily Total Return: 7.37%
- 3-Year Daily Total Return: 9.69%
Investors desiring the name brand recognition and stability of the S&P 500 index should consider buying SPYD. This ETF holds the 80 stocks in the S&P 500 with the highest dividend yields. As opposed to SDY, SPYD does not attempt to track stocks with dividend payout growth or a consecutive streak of dividend increases. Rather, it simply targets the highest-yielding stocks, regardless of their market cap or sector. As a result, SPYD has the highest yield of the ETFs. The ETF is also significantly cheaper than SDY, with an expense ratio of just 0.07%.