SPYD — State Street SPDR Portfolio S&P 500 High Dividend ETF
Dividend Income Ranked #65 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
State Street Investment Management issues the SPDR Portfolio S&P 500 High Dividend ETF, a Dividend Income fund with $7.08 billion in assets under management. It holds an overall rank of #65 out of 458 tracked ETFs and sits at #11 of 20 within its specific category. The fund carries a B grade with a score of 74.3/100, reflecting a cost structure significantly below the category median expense ratio of 0.29%. Its 0.07% expense ratio contrasts with a dividend yield of 4.24%, which is notably higher than the category median of 2.69%. The top ten holdings represent only 15.0% of assets, with Iron Mountain Inc serving as the largest single position at 1.6%.
The fund’s price of $48.59 places it at 74.4% of its 52-week range, indicating a position closer to the upper end of recent trading levels. Short-term momentum shows a divergence from longer-term trends, with a one-month return of +5.52% contrasting against a three-month decline of -1.53%. Over the past year, the fund delivered a +15.99% return, falling short of the category median 1-year return of +17.96%. This performance contributed to an upgrade from a C to a B grade on 2026-10-15. Historical data is limited, with price history available for only 3.0 years.
With a beta of 0.60, the ETF has exhibited lower sensitivity to market movements compared to the broader index. Annualized volatility of 12.18% is classified as Low, suggesting a relatively stable price path over time. The Sharpe ratio of 0.90 indicates that risk-adjusted returns have been favorable relative to the volatility experienced. Maximum drawdowns have reached -16.13%, highlighting the extent of peak-to-trough declines during the recorded period. Liquidity is supported by an average daily volume of 995,896 shares, facilitating standard trading activity.
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 |
| RPV | Invesco S&P 500 Pure Value ETF | 2 | 3.0% | CVS Health Corp, Target Corp |
| 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: 4.96% (as of 2026-10-22) — 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): 19.03 (as of 2026-10-22) — 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: 3.75% (as of 2026-09-01) — 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 4.24%. 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: Average daily volume is 996K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $7.08B 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 | -0.53% |
| 1-Week | +2.94% |
| 1-Month | +5.52% |
| 3-Month | -1.53% |
| 6-Month | +7.96% |
| YTD | +15.11% |
| 1-Year | +15.99% |
| 3-Year | +67.21% |
How SPYD Compares to Other Dividend Income ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #2 | A |
SCHD | Schwab U.S. Dividend Equity ETF | +35.26% | 0.06% | $108B |
| #4 | B+ |
HDV | iShares Core High Dividend ETF | +28.56% | 0.08% | $14.5B |
| #5 | A |
VYMI | Vanguard International High Dividend Yield Index Fund ETF Shares | +23.92% | 0.07% | $22.3B |
| #8 | B+ |
DGRO | iShares Core Dividend Growth ETF | +19.10% | 0.08% | $41.9B |
| #11 | B+ |
VYM | Vanguard High Dividend Yield Index Fund ETF Shares | +17.69% | 0.04% | $95.8B |
| #12 | B+ |
FDL | First Trust Morningstar Dividend Leaders Index Fund | +27.62% | 0.43% | $7.54B |
| #18 | B+ |
IDV | iShares International Select Dividend ETF | +21.42% | 0.5% | $8.23B |
| #19 | B+ |
SCHY | Schwab International Dividend Equity ETF | +21.02% | 0.08% | $2.55B |
| #20 | B+ |
VIG | Vanguard Dividend Appreciation Index Fund ETF Shares | +14.25% | 0.04% | $128B |
| #45 | B+ |
DVY | iShares Select Dividend ETF | +18.23% | 0.38% | $22.2B |
| #65 | B |
SPYD | State Street SPDR Portfolio S&P 500 High Dividend ETF | +15.99% | 0.07% | $7.08B |
| #67 | B |
SDY | State Street SPDR S&P Dividend ETF | +16.27% | 0.35% | $20.4B |
| #74 | B |
RDVY | First Trust Rising Dividend Achievers ETF | +18.73% | 0.47% | $24.9B |
| #111 | B |
NOBL | ProShares S&P 500 Dividend Aristocrats ETF | +15.94% | 0.35% | $10.9B |
| #122 | B |
DIVO | Amplify CWP Enhanced Dividend Income ETF | +13.49% | 0.56% | $7.73B |
| #158 | B |
DGRW | WisdomTree U.S. Quality Dividend Growth Fund | +11.67% | 0.28% | $16.9B |
| #188 | C |
VIGI | Vanguard International Dividend Appreciation Index Fund ETF Shares | +10.40% | 0.07% | $9.20B |
| #192 | C |
PEY | Invesco High Yield Equity Dividend Achievers ETF | +20.85% | 0.68% | $1.07B |
| #202 | C |
FVD | First Trust Value Line Dividend Index Fund | +11.34% | 0.62% | $7.55B |
| #205 | C |
SPHD | Invesco S&P 500 High Dividend Low Volatility ETF | +10.69% | 0.3% | $3.17B |