SPYD — State Street SPDR Portfolio S&P 500 High Dividend ETF
Dividend Income Ranked #185 of 458 tracked ETFs · Issued by State Street Investment Management
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.
What If You'd Invested in SPYD?
See what a lump sum in SPYD would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The State Street SPDR Portfolio S&P 500 High Dividend ETF is a Dividend Income fund managed by State Street Investment Management with $7.65 billion in assets. It holds an ETFValuer grade of B, ranking 14th out of 20 peers in its category and 185th of 458 tracked ETFs overall. The fund’s 0.07% expense ratio sits well below the category median of 0.29%, while its 4.09% dividend yield exceeds the median of 2.67%. Top holdings comprise only 15.0% of assets, with Iron Mountain Inc representing the largest single position at 1.6%.
Price action shows the fund trading at $49.62, which is 85.8% of its 52-week range. Short-term returns have been mixed, with the 1-day and 1-week figures at -0.50% and -0.78% respectively, contrasting with a 1-month gain of +0.26%. Longer-term performance remains positive, as the 1-year return of +15.87% trails the category median of +20.27%, though the 3-year total of +54.24% indicates sustained growth. The ETFValuer grade has remained unchanged at B over the last 35 tracked days, based on 3.0 years of available price history.
With a beta of 0.59, the fund has exhibited lower sensitivity to market movements compared to the broader index. Annualized volatility of 11.64% is classified as Low, contributing to a Sharpe ratio of 0.93. The maximum drawdown recorded is -16.13%, reflecting the extent of recent declines. Liquidity is supported by an average daily volume of 1,010,560 shares, though the bid/ask spread of 0.66% suggests moderate trading costs.
AI-generated summary based on the data on this page.
SPYD Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | Iron Mountain Inc | 1.61% | $119M |
| 2 | Franklin Resources Inc | 1.56% | $115M |
| 3 | CVS Health Corp | 1.52% | $112M |
| 4 | Host Hotels & Resorts Inc | 1.52% | $112M |
| 5 | Edison International | 1.47% | $109M |
| 6 | Target Corp | 1.47% | $108M |
| 7 | APA Corp | 1.47% | $108M |
| 8 | Viatris Inc | 1.45% | $107M |
| 9 | Kimco Realty Corp | 1.45% | $107M |
| 10 | Simon Property Group Inc | 1.44% | $106M |
Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 15.0% 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 — SPHD overlaps most, holding 2 of the same companies as SPYD's top 10 (3.0% of SPYD's assets).
| ETF | Name | Shared Companies | SPYD Weight | Examples |
|---|---|---|---|---|
| SPHD | Invesco S&P 500 High Dividend Low Volatility ETF | 2 | 3.0% | Franklin Resources Inc, Kimco Realty Corp |
| DFAT | Dimensional U.S. Targeted Value ETF | 2 | 2.9% | APA Corp, Viatris Inc |
| NOBL | ProShares S&P 500 Dividend Aristocrats ETF | 1 | 1.6% | Franklin Resources Inc |
| VCSH | Vanguard Short-Term Corporate Bond Index Fund ETF Shares | 1 | 1.5% | CVS Health Corp |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | 1 | 1.5% | CVS Health Corp |
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: 4.77% (as of 2026-09-03) — 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): 14.32 (as of 2026-09-03) — 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 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What SPYD's Fees Cost You
SPYD charges an expense ratio of 0.07% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
SPYD Dividend Income Estimator
SPYD currently yields 4.09%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
SPYD Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is 0.66% and average daily volume is 1.0M/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 $7.65B 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
| Period | Return |
|---|---|
| 1-Day | -0.50% |
| 1-Week | -0.78% |
| 1-Month | +0.26% |
| 3-Month | +4.79% |
| 6-Month | +7.72% |
| YTD | +16.27% |
| 1-Year | +15.87% |
| 3-Year | +54.24% |
How SPYD Compares to Other Dividend Income ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #1 | A |
VYMI | Vanguard International High Dividend Yield Index Fund ETF Shares | +32.45% | 0.07% | $22.7B |
| #3 | B+ |
SCHD | Schwab U.S. Dividend Equity ETF | +30.29% | 0.06% | $112B |
| #14 | B+ |
IDV | iShares International Select Dividend ETF | +31.79% | 0.5% | $8.67B |
| #16 | B+ |
HDV | iShares Core High Dividend ETF | +24.64% | 0.08% | $15.5B |
| #17 | B+ |
VYM | Vanguard High Dividend Yield Index Fund ETF Shares | +20.84% | 0.04% | $101B |
| #22 | B+ |
DGRO | iShares Core Dividend Growth ETF | +20.60% | 0.08% | $43.5B |
| #35 | B+ |
FDL | First Trust Morningstar Dividend Leaders Index Fund | +24.66% | 0.43% | $8.09B |
| #45 | B |
SCHY | Schwab International Dividend Equity ETF | +22.83% | 0.08% | $2.61B |
| #76 | B |
VIG | Vanguard Dividend Appreciation Index Fund ETF Shares | +16.14% | 0.04% | $132B |
| #83 | B |
RDVY | First Trust Rising Dividend Achievers ETF | +25.08% | 0.47% | $25.4B |
| #97 | B |
DVY | iShares Select Dividend ETF | +19.95% | 0.38% | $23.6B |
| #123 | B |
DIVO | Amplify CWP Enhanced Dividend Income ETF | +17.95% | 0.56% | $7.91B |
| #183 | B |
DGRW | WisdomTree U.S. Quality Dividend Growth Fund | +15.10% | 0.28% | $17.2B |
| #185 | B |
SPYD | State Street SPDR Portfolio S&P 500 High Dividend ETF | +15.87% | 0.07% | $7.65B |
| #210 | C |
SDY | State Street SPDR S&P Dividend ETF | +13.43% | 0.35% | $21.8B |
| #212 | C |
VIGI | Vanguard International Dividend Appreciation Index Fund ETF Shares | +13.69% | 0.07% | $9.53B |
| #232 | C |
PEY | Invesco High Yield Equity Dividend Achievers ETF | +21.49% | 0.54% | $1.16B |
| #260 | C |
NOBL | ProShares S&P 500 Dividend Aristocrats ETF | +12.70% | 0.35% | $11.8B |
| #261 | C |
SPHD | Invesco S&P 500 High Dividend Low Volatility ETF | +11.14% | 0.3% | $3.41B |
| #278 | C |
FVD | First Trust Value Line Dividend Index Fund | +10.92% | 0.62% | $8.18B |