SPDR ETFs Australia - State Street SPDR MSCI Australia Select High Dividend Yield ETF (SYI.AX)

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SPDR ETFs Australia - State Street SPDR MSCI Australia Select High Dividend Yield ETF (SYI.AX) is up 9.1% since the beginning of the year. SYI.AX is currently trading at A$30 per share. Investors who bought A$1,000 worth of SYI.AX shares 5 years ago would now be looking at an investment worth A$1,566.

SPDR ETFs Australia - State Street SPDR MSCI Australia Select High Dividend Yield ETF (SYI.AX) has returned 9.11% so far this year and 13.34% over the past 12 months. Over the last ten years, SYI.AX has returned 8.84% per year, falling short of the S&P 500 Index benchmark, which averaged 14.27% annually.

Based on dividend-adjusted daily data since Sep 28, 2010, SYI.AX's average daily return is +0.03%, while the average monthly return is +0.70%. At this rate, an investment would double in approximately 8.3 years.

Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +12.9%, while the worst month was Mar 2020 at -22.2%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.

On a daily basis, SYI.AX closed higher 52% of trading days. The best single day was Mar 30, 2020 with a return of +7.2%, while the worst single day was Mar 27, 2020 at -7.4%.

SPDR ETFs Australia - State Street SPDR MSCI Australia Select High Dividend Yield ETF has an annualized alpha of 6.48%, beta of 0.13, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since September 28, 2010.

• This ETF participated in 51.08% of S&P 500 Index downside but only 43.79% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.13 may look defensive, but with R2 of 0.02 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.02 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

SYI.AX ranks 41 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.

SPDR ETFs Australia - State Street SPDR MSCI Australia Select High Dividend Yield ETF provided a 7.52% dividend yield over the last twelve months, with an annual payout of A$2.29 per share.

The table displays the monthly dividend distributions for SPDR ETFs Australia - State Street SPDR MSCI Australia Select High Dividend Yield ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the SPDR ETFs Australia - State Street SPDR MSCI Australia Select High Dividend Yield 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 ETFs Australia - State Street SPDR MSCI Australia Select High Dividend Yield ETF was 36.94%, occurring on Mar 23, 2020. Recovery took 269 trading sessions.

The current SPDR ETFs Australia - State Street SPDR MSCI Australia Select High Dividend Yield ETF drawdown is 0.43%.

The chart below shows the rolling one-month volatility.