SPDR Portfolio S&P 500 High Dividend ETF (SPYD)
SPYD, or the SPDR S&P 500 High Dividend ETF, is an exchange-traded fund (ETF) managed by State Street Global Advisors. It is designed to track the investment results of the S&P 500 High Dividend Index, which consists of companies listed on the S&P 500 index with a history of consistently paying dividends.
SPYD was launched on October 21, 2015, and has a 0.07% expense ratio, lower than many other passive mutual funds or ETFs.
SPYD is a passive ETF, which means that it tracks the performance of the underlying index rather than actively seeking to outperform it. This can make it a suitable investment for those looking for exposure to high-dividend paying companies within the S&P 500 without the added risk and cost of active management. In addition, SPYD can be a good investment option for those who want to diversify their portfolio and seek income from dividends.
ETF Info
| ISIN | US78468R7888 |
|---|---|
| CUSIP | 78468R788 |
| Issuer | State Street |
| Inception Date | Oct 21, 2015 |
| Region | North America (U.S.) |
| Category | All Cap Equities, Dividend |
| Index Tracked | S&P 500 High Dividend Index |
| ETF Home Page | www.ssga.com |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
The SPDR Portfolio S&P 500 High Dividend ETF has an expense ratio of 0.07% which is considered to be low.
Share Price Chart
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Performance
The chart shows the growth of an initial investment of $10,000 in SPDR Portfolio S&P 500 High Dividend ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Compare to other instruments
Return
SPDR Portfolio S&P 500 High Dividend ETF had a return of -9.09% year-to-date (YTD) and 1.51% in the last 12 months. Over the past 10 years, SPDR Portfolio S&P 500 High Dividend ETF had an annualized return of 6.62%, while the S&P 500 had an annualized return of 9.71%, indicating that SPDR Portfolio S&P 500 High Dividend ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | -4.78% | -3.58% |
| 6 months | -4.23% | 6.12% |
| Year-To-Date | -9.09% | 11.33% |
| 1 year | 1.51% | 17.20% |
| 5 years (annualized) | 3.29% | 7.99% |
| 10 years (annualized) | 6.62% | 9.71% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | -4.87% | -4.14% | 0.45% | -7.96% | 6.87% | 4.75% | -4.15% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio S&P 500 High Dividend ETF (SPYD) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
SPYD SPDR Portfolio S&P 500 High Dividend ETF | 0.04 | ||||
^GSPC S&P 500 | 0.98 |
Dividend History
SPDR Portfolio S&P 500 High Dividend ETF granted a 5.18% dividend yield in the last twelve months. The annual payout for that period amounted to $1.80 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.80 | $1.98 | $1.55 | $1.63 | $1.75 | $1.62 | $1.74 | $1.51 | $0.33 |
Dividend yield | 5.18% | 5.19% | 4.01% | 5.60% | 5.29% | 5.95% | 6.06% | 5.96% | 1.62% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR Portfolio S&P 500 High 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | ||||
| 2022 | $0.00 | $0.00 | $0.65 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.51 |
| 2021 | $0.00 | $0.00 | $0.64 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.13 |
| 2020 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.61 |
| 2019 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.50 |
| 2018 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.44 |
| 2017 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.71 |
| 2016 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.59 |
| 2015 | $0.33 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the SPDR Portfolio S&P 500 High Dividend ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the SPDR Portfolio S&P 500 High Dividend ETF is 46.42%, recorded on Mar 23, 2020. It took 233 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -46.42% | Jan 17, 2020 | 45 | Mar 23, 2020 | 233 | Feb 24, 2021 | 278 |
| -20.31% | Apr 21, 2022 | 113 | Sep 30, 2022 | — | — | — |
| -13.64% | Aug 21, 2018 | 87 | Dec 24, 2018 | 37 | Feb 19, 2019 | 124 |
| -9.69% | Nov 4, 2015 | 52 | Jan 20, 2016 | 29 | Mar 2, 2016 | 81 |
| -9.6% | Jan 29, 2018 | 9 | Feb 8, 2018 | 122 | Aug 3, 2018 | 131 |
Volatility Chart
The current SPDR Portfolio S&P 500 High Dividend ETF volatility is 3.67%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Alternatives
| Symbol | Inception | Expense Ratio | YTD Ret. | 10Y Ann. Ret. | Div. Yield | Max. Drawdown | Sharpe Ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SPHD | Oct 18, 2012 | 0.30% | -7.8% | 7.8% | 4.7% | -41.4% | 0.1 | 0.1 | 1.0 | 0.1 | 7.3% |
| SPY | Jan 22, 1993 | 0.09% | 12.6% | 11.7% | 1.5% | -55.2% | 1.1 | 1.6 | 1.2 | 2.5 | 2.9% |
| SPYG | Sep 25, 2000 | 0.04% | 17.7% | 13.3% | 1.2% | -67.8% | 0.8 | 1.3 | 1.2 | 1.7 | 3.4% |
| VOO | Sep 7, 2010 | 0.03% | 12.7% | 11.8% | 2.0% | -34.0% | 1.1 | 1.7 | 1.2 | 2.5 | 3.0% |
| VYM | Nov 10, 2006 | 0.06% | -2.1% | 9.4% | 3.2% | -57.0% | 0.7 | 1.0 | 1.1 | 1.2 | 4.2% |