SPYD — State Street SPDR Portfolio S&P 500 High Dividend ETF

SPYD Price Performance — Growth of $10,000

Value of a $10,000 investment in SPYD over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

SPYD Drawdown

The "underwater" chart: SPYD's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) operates within the Dividend Income category, which ETFValuer tracks alongside 19 other funds. Issued by State Street Investment Management, the fund has accumulated assets under management of $7.37 billion while trading at a price of $49.75. It holds an overall rank of #106 out of 458 tracked ETFs across all categories and carries an ETFValuer grade of B with a score of 70.7 out of 100. The fund offers a low expense ratio of 0.07% and provides a dividend yield of 4.26%. The substantial asset size and high yield suggest significant investor adoption relative to the fund's cost structure. These metrics position the ETF as a widely held vehicle for income generation within its specific sector classification.

Over the last day, the fund returned +1.37%, followed by a +0.73% gain over one week. Monthly performance accelerated to +4.14%, while the three-month return reached +8.48%. The six-month return further increased to +12.75%, and year-to-date gains stood at +16.57%. The one-year return was recorded at +17.62%, extending to a three-year total of +46.84%. This sequence indicates a consistent upward trajectory in returns as the investment horizon extends from daily to multi-year periods. The data shows a pattern of sustained growth without any reported periods of negative returns in the provided timeframe.

The fund is assigned a Low volatility label and exhibits a beta of 0.64, indicating price movements that are less sensitive than the broader market. A Sharpe ratio of 1.06 suggests the fund has generated a favorable amount of return per unit of risk taken. Despite these positive metrics, the maximum drawdown recorded was -16.13%, representing the largest peak-to-trough decline observed. This combination of low beta and low volatility implies the fund tends to experience smaller fluctuations during market movements. The Sharpe ratio and drawdown figures together describe a profile where returns have been generated with relatively contained downside risk compared to higher volatility assets.

AI-generated summary based on the data on this page.

SPYD Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 16.5% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how SPYD's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With SPYD

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with SPYD's top 10 — DVY overlaps most, holding 4 of the same companies as SPYD's top 10 (6.4% of SPYD's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.71% (as of 2026-07-23) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.70 (as of 2026-07-23) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

SPYD Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.95% and average daily volume is 1.1M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $7.37B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: SPYD is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

SPYD Performance History

How SPYD Compares to Other Dividend Income ETFs