- ISIN
- US26922A5948
- CUSIP
- 26922A594
- Inception Date
- Nov 28, 2017
- Region
- North America (U.S.)
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P 500 Dividend and Free Cash Flow Yield Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $74M
Share Price Chart
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Performance
SPDV Performance Chart
AAM S&P 500 High Dividend Value ETF (SPDV) is up 13.3% since the beginning of the year. SPDV is currently trading at $39 per share. Investors who bought $1,000 worth of SPDV shares 5 years ago would now be looking at an investment worth $1,539.
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Returns By Period
AAM S&P 500 High Dividend Value ETF (SPDV) has returned 13.31% so far this year and 24.69% over the past 12 months.
AAM S&P 500 High Dividend Value ETF
- 1D
- 0.10%
- 1M
- -0.63%
- YTD
- 13.31%
- 6M
- 13.16%
- 1Y
- 24.69%
- 3Y*
- 16.36%
- 5Y*
- 9.01%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
SPDV Monthly Returns History
Based on dividend-adjusted daily data since Nov 29, 2017, SPDV's average daily return is +0.04%, while the average monthly return is +0.87%. At this rate, an investment would double in approximately 6.7 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +14.8%, while the worst month was Mar 2020 at -21.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.
On a daily basis, SPDV closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +10.6%, while the worst single day was Mar 12, 2020 at -11.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.54% | 5.43% | -2.66% | 3.20% | 2.79% | -1.39% | 13.31% | ||||||
| 2025 | 3.71% | -0.28% | -2.31% | -5.90% | 3.85% | 3.13% | 0.79% | 6.44% | 0.73% | -1.56% | 1.90% | 0.49% | 10.90% |
| 2024 | -0.90% | 1.71% | 6.67% | -5.22% | 2.56% | -0.54% | 6.41% | 2.74% | 2.96% | -0.95% | 6.09% | -6.95% | 14.40% |
| 2023 | 5.10% | -4.23% | -2.92% | -0.76% | -4.36% | 7.34% | 3.61% | -2.99% | -3.70% | -4.84% | 7.18% | 7.30% | 5.45% |
| 2022 | 1.51% | -0.02% | 1.91% | -2.98% | 4.40% | -10.41% | 3.63% | -2.91% | -10.67% | 12.29% | 7.23% | -3.77% | -2.27% |
| 2021 | 2.12% | 9.32% | 6.22% | 4.06% | 3.69% | -2.37% | -1.46% | 2.02% | -2.12% | 1.04% | -2.87% | 7.38% | 29.54% |
Benchmark Metrics
AAM S&P 500 High Dividend Value ETF has an annualized alpha of -1.04%, beta of 0.86, and R2 of 0.66 versus S&P 500 Index. Calculated based on daily prices since November 29, 2017.
- This ETF participated in 98.76% of S&P 500 Index downside but only 85.65% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.86 and R2 of 0.66, 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
- -1.04%
- Beta
- 0.86
- R²
- 0.66
- Upside Capture
- 85.65%
- Downside Capture
- 98.76%
Expense Ratio
SPDV has an expense ratio of 0.29%, placing it in the medium range.
Return for Risk
Risk / Return Rank
SPDV ranks 70 for risk / return — better than 70% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for AAM S&P 500 High Dividend Value ETF (SPDV) 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.
| SPDV | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.32 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 4.28 | 2.46 | +1.82 |
| Martin ratioReturn relative to average drawdown | 12.11 | 10.92 | +1.19 |
Dividends
Dividend History
AAM S&P 500 High Dividend Value ETF provided a 3.34% dividend yield over the last twelve months, with an annual payout of $1.29 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.29 | $1.33 | $1.15 | $1.16 | $1.09 | $0.95 | $0.96 | $0.97 | $0.86 | $0.07 |
Dividend yield | 3.34% | 3.85% | 3.54% | 3.95% | 3.73% | 3.08% | 3.90% | 3.54% | 3.63% | 0.28% |
Monthly Dividends
The table displays the monthly dividend distributions for AAM S&P 500 High Dividend Value 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 | $0.10 | $0.10 | $0.10 | $0.10 | $0.11 | $0.00 | $0.51 | ||||||
| 2025 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.15 | $1.33 |
| 2024 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.03 | $0.11 | $0.15 | $1.15 |
| 2023 | $0.10 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.08 | $0.10 | $0.17 | $1.16 |
| 2022 | $0.10 | $0.10 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.06 | $0.07 | $0.09 | $0.13 | $1.09 |
| 2021 | $0.08 | $0.09 | $0.09 | $0.09 | $0.08 | $0.09 | $0.06 | $0.08 | $0.02 | $0.06 | $0.11 | $0.11 | $0.95 |
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 AAM S&P 500 High Dividend Value 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 AAM S&P 500 High Dividend Value ETF was 43.81%, occurring on Mar 23, 2020. Recovery took 222 trading sessions.
The current AAM S&P 500 High Dividend Value ETF drawdown is 2.37%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -43.81%Mar 2020 | 2mo 2d | 10mo 22d | 1y 19dJan 2020 - Feb 2021 |
Bear market2022 | -21.31%Sep 2022 | 5mo 12d | 1y 5mo | 1y 10moApr 2022 - Mar 2024 |
2025 selloff2025 | -18.62%Apr 2025 | 4mo 7d | 4mo 16d | 8mo 23dDec 2024 - Aug 2025 |
Rate-hike selloffLate 2018 | -18.50%Dec 2018 | 3mo 1d | 10mo 9d | 1y 1moSep 2018 - Oct 2019 |
2018 pullback2018 | -9.85%Feb 2018 | 10d | 6mo 12d | 6mo 22dJan 2018 - Aug 2018 |
Drawdown Indicators
| SPDV | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.81% | -56.78% | +12.97% |
Max Drawdown (1Y)Largest decline over 1 year | -5.80% | -9.10% | +3.30% |
Max Drawdown (3Y)Largest decline over 3 years | -18.62% | -18.90% | +0.28% |
Max Drawdown (5Y)Largest decline over 5 years | -21.31% | -25.43% | +4.12% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -2.37% | -3.21% | +0.84% |
Average DrawdownAverage peak-to-trough decline | -6.53% | -10.71% | +4.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.04% | 2.04% | 0.00% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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