SPYM vs. SPDV
Compare and contrast key facts about State Street SPDR Portfolio S&P 500 ETF (SPYM) and AAM S&P 500 High Dividend Value ETF (SPDV).
SPYM and SPDV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPYM is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 8, 2005. SPDV is a passively managed fund by Advisors Asset Management that tracks the performance of the S&P 500 Dividend and Free Cash Flow Yield Index. It was launched on Nov 28, 2017. Both SPYM and SPDV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
SPYM vs. SPDV - Performance Comparison
Loading graphics...
SPYM vs. SPDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPYM State Street SPDR Portfolio S&P 500 ETF | -3.63% | 17.79% | 25.00% | 26.24% | -18.09% | 28.78% | 18.49% | 31.99% | -4.78% | 2.04% |
SPDV AAM S&P 500 High Dividend Value ETF | 7.69% | 10.90% | 14.40% | 5.45% | -2.27% | 29.54% | -6.09% | 20.46% | -6.59% | 3.65% |
Returns By Period
In the year-to-date period, SPYM achieves a -3.63% return, which is significantly lower than SPDV's 7.69% return.
SPYM
- 1D
- 0.76%
- 1M
- -4.28%
- YTD
- -3.63%
- 6M
- -1.39%
- 1Y
- 18.21%
- 3Y*
- 18.57%
- 5Y*
- 11.94%
- 10Y*
- 14.21%
SPDV
- 1D
- -0.58%
- 1M
- -3.25%
- YTD
- 7.69%
- 6M
- 7.91%
- 1Y
- 18.44%
- 3Y*
- 13.82%
- 5Y*
- 8.85%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SPYM vs. SPDV - Expense Ratio Comparison
SPYM has a 0.02% expense ratio, which is lower than SPDV's 0.29% expense ratio.
Return for Risk
SPYM vs. SPDV — Risk / Return Rank
SPYM
SPDV
SPYM vs. SPDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street SPDR Portfolio S&P 500 ETF (SPYM) and AAM S&P 500 High Dividend Value ETF (SPDV). 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.
| SPYM | SPDV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.00 | 1.05 | -0.05 |
Sortino ratioReturn per unit of downside risk | 1.53 | 1.55 | -0.02 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.22 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.55 | 1.31 | +0.24 |
Martin ratioReturn relative to average drawdown | 7.32 | 5.52 | +1.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SPYM | SPDV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.00 | 1.05 | -0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.54 | +0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.42 | +0.15 |
Correlation
The correlation between SPYM and SPDV is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
SPYM vs. SPDV - Dividend Comparison
SPYM's dividend yield for the trailing twelve months is around 1.15%, less than SPDV's 3.52% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYM State Street SPDR Portfolio S&P 500 ETF | 1.15% | 1.13% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% |
SPDV AAM S&P 500 High Dividend Value ETF | 3.52% | 3.85% | 3.54% | 3.95% | 3.73% | 3.08% | 3.90% | 3.54% | 3.63% | 0.28% | 0.00% | 0.00% |
Drawdowns
SPYM vs. SPDV - Drawdown Comparison
The maximum SPYM drawdown since its inception was -54.46%, which is greater than SPDV's maximum drawdown of -43.81%. Use the drawdown chart below to compare losses from any high point for SPYM and SPDV.
Loading graphics...
Drawdown Indicators
| SPYM | SPDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.46% | -43.81% | -10.65% |
Max Drawdown (1Y)Largest decline over 1 year | -12.02% | -13.91% | +1.89% |
Max Drawdown (5Y)Largest decline over 5 years | -24.48% | -21.31% | -3.17% |
Max Drawdown (10Y)Largest decline over 10 years | -33.87% | — | — |
Current DrawdownCurrent decline from peak | -5.54% | -3.87% | -1.67% |
Average DrawdownAverage peak-to-trough decline | -7.21% | -6.67% | -0.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.55% | 3.30% | -0.75% |
Volatility
SPYM vs. SPDV - Volatility Comparison
State Street SPDR Portfolio S&P 500 ETF (SPYM) has a higher volatility of 5.33% compared to AAM S&P 500 High Dividend Value ETF (SPDV) at 2.96%. This indicates that SPYM's price experiences larger fluctuations and is considered to be riskier than SPDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SPYM | SPDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.33% | 2.96% | +2.37% |
Volatility (6M)Calculated over the trailing 6-month period | 9.48% | 9.27% | +0.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.25% | 17.60% | +0.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.81% | 16.41% | +0.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.99% | 20.47% | -2.48% |