- ISIN
- US78464A7634
- CUSIP
- 78464A763
- Issuer
- State Street
- Inception Date
- Nov 15, 2005
- Region
- North America (U.S.)
- Category
- Mid Cap Value Equities, Dividend
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P High Yield Dividend Aristocrats Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Value
- Assets Under Management
- $21B
Share Price Chart
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Performance
SDY Performance Chart
SPDR S&P Dividend ETF (SDY) is up 10.4% since the beginning of the year. SDY is currently trading at $153 per share. Investors who bought $1,000 worth of SDY shares 5 years ago would now be looking at an investment worth $1,374.
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Returns By Period
SPDR S&P Dividend ETF (SDY) has returned 10.37% so far this year and 14.91% over the past 12 months. Over the last ten years, SDY has returned 9.61% per year, falling short of the S&P 500 Index benchmark, which averaged 13.61% annually.
SPDR S&P Dividend ETF
- 1D
- 0.83%
- 1M
- 3.80%
- YTD
- 10.37%
- 6M
- 9.32%
- 1Y
- 14.91%
- 3Y*
- 10.29%
- 5Y*
- 6.56%
- 10Y*
- 9.61%
Benchmark (S&P 500 Index)
- 1D
- 0.50%
- 1M
- -0.17%
- YTD
- 8.56%
- 6M
- 8.85%
- 1Y
- 22.93%
- 3Y*
- 19.37%
- 5Y*
- 11.84%
- 10Y*
- 13.61%
SDY Monthly Returns History
Based on dividend-adjusted daily data since Nov 15, 2005, SDY's average daily return is +0.04%, while the average monthly return is +0.81%. At this rate, an investment would double in approximately 7.2 years.
Historically, 65% of months were positive and 35% were negative. The best month was Apr 2009 with a return of +13.6%, while the worst month was Mar 2020 at -15.4%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 5 months.
On a daily basis, SDY closed higher 54% of trading days. The best single day was Oct 28, 2008 with a return of +11.3%, while the worst single day was Dec 1, 2008 at -10.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.88% | 4.84% | -5.83% | 2.83% | -0.54% | 2.28% | 10.37% | ||||||
| 2025 | 1.85% | 2.79% | -1.29% | -3.42% | 2.79% | 1.47% | 0.91% | 3.20% | -0.29% | -2.02% | 2.57% | -0.41% | 8.18% |
| 2024 | -1.15% | 1.74% | 5.00% | -3.05% | 2.26% | -1.60% | 6.02% | 3.75% | 2.11% | -2.72% | 4.21% | -7.55% | 8.45% |
| 2023 | 3.47% | -2.77% | -1.14% | 1.02% | -6.14% | 5.19% | 3.48% | -3.62% | -5.30% | -2.67% | 6.89% | 5.27% | 2.61% |
| 2022 | -2.16% | -1.05% | 3.12% | -3.19% | 2.42% | -5.94% | 6.63% | -2.26% | -9.29% | 10.30% | 6.76% | -4.04% | -0.54% |
| 2021 | -0.62% | 5.25% | 7.26% | 4.00% | 2.17% | -1.89% | 0.69% | 1.31% | -5.09% | 4.77% | -2.02% | 7.82% | 25.32% |
Benchmark Metrics
SPDR S&P Dividend ETF has an annualized alpha of 1.11%, beta of 0.87, and R2 of 0.79 versus S&P 500 Index. Calculated based on daily prices since November 15, 2005.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (83.64%) than losses (83.11%) - typical of diversified or defensive assets.
- With beta of 0.87 and R2 of 0.79, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.11%
- Beta
- 0.87
- R²
- 0.79
- Upside Capture
- 83.64%
- Downside Capture
- 83.11%
Expense Ratio
SDY has an expense ratio of 0.35%, placing it in the medium range.
Return for Risk
Risk / Return Rank
SDY ranks 43 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for SPDR S&P Dividend ETF (SDY) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SDY | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.42 | ||
| Sortino ratioReturn per unit of downside risk | -0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.34 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.95 | 2.53 | -0.58 |
| Martin ratioReturn relative to average drawdown | 5.30 | 11.37 | -6.07 |
Dividends
Dividend History
SPDR S&P Dividend ETF provided a 2.42% dividend yield over the last twelve months, with an annual payout of $3.69 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.69 | $3.63 | $3.38 | $3.30 | $3.20 | $3.39 | $3.02 | $2.64 | $2.44 | $4.43 | $2.83 | $4.56 |
Dividend yield | 2.42% | 2.61% | 2.56% | 2.64% | 2.55% | 2.63% | 2.85% | 2.45% | 2.73% | 4.69% | 3.30% | 6.20% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR S&P Dividend ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.87 | $0.00 | $0.00 | $0.00 | $0.87 | ||||||
| 2025 | $0.00 | $0.00 | $0.82 | $0.00 | $0.00 | $0.93 | $0.00 | $0.00 | $0.87 | $0.00 | $0.00 | $1.02 | $3.63 |
| 2024 | $0.00 | $0.00 | $0.71 | $0.00 | $0.00 | $0.86 | $0.00 | $0.00 | $0.79 | $0.00 | $0.00 | $1.03 | $3.38 |
| 2023 | $0.00 | $0.00 | $0.71 | $0.00 | $0.00 | $0.81 | $0.00 | $0.00 | $0.79 | $0.00 | $0.00 | $0.98 | $3.30 |
| 2022 | $0.00 | $0.00 | $0.77 | $0.00 | $0.00 | $0.76 | $0.00 | $0.00 | $0.77 | $0.00 | $0.00 | $0.89 | $3.20 |
| 2021 | $0.00 | $0.00 | $0.81 | $0.00 | $0.00 | $0.76 | $0.00 | $0.00 | $0.85 | $0.00 | $0.00 | $0.97 | $3.39 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR S&P Dividend ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SPDR S&P Dividend ETF was 54.75%, occurring on Mar 9, 2009. Recovery took 540 trading sessions.
The current SPDR S&P Dividend ETF drawdown is 1.50%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -54.75%Mar 2009 | 1y 9mo | 2y 1mo | 3y 10moJun 2007 - Apr 2011 |
COVID crash2020 | -36.70%Mar 2020 | 1mo 4d | 8mo 6d | 9mo 10dFeb 2020 - Nov 2020 |
2011 correction2011 | -16.06%Aug 2011 | 1mo 1d | 4mo 21d | 5mo 22dJul 2011 - Dec 2011 |
Bear market2022 | -15.21%Sep 2022 | 1mo 14d | 2mo 3d | 3mo 17dAug 2022 - Dec 2022 |
2023 correction2023 | -15.03%Oct 2023 | 8mo 26d | 4mo 17d | 1y 1moFeb 2023 - Mar 2024 |
Drawdown Indicators
| SDY | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.75% | -56.78% | +2.03% |
Max Drawdown (1Y)Largest decline over 1 year | -7.67% | -9.10% | +1.43% |
Max Drawdown (3Y)Largest decline over 3 years | -14.39% | -18.90% | +4.51% |
Max Drawdown (5Y)Largest decline over 5 years | -15.21% | -25.43% | +10.22% |
Max Drawdown (10Y)Largest decline over 10 years | -36.70% | -33.92% | -2.78% |
Current DrawdownCurrent decline from peak | -1.50% | -2.34% | +0.84% |
Average DrawdownAverage peak-to-trough decline | -6.20% | -10.72% | +4.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.83% | 2.02% | +0.81% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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