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SPDR Portfolio S&P 500 High Dividend ETF

SPYD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 21 2015
Expense Ratio
0.07%
Type
US Equities
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$31,341,265
AUM
$6,188,814,848
Associated Index
S&P 500 High Dividend Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

AMGN
AMGEN Inc.
1.56%
PSX
Phillips 66
1.52%
STX
Seagate Technology Holdings Plc
1.51%
PKG
Packaging Corp Of America
1.47%
ABBV
Abbvie Inc
1.46%
IBM
International Business Machines Corp.
1.44%
IP
International Paper Co.
1.44%
LYB
LyondellBasell Industries NV - Ordinary Shares - Class A
1.43%
CVX
Chevron Corp.
1.41%
NRG
NRG Energy Inc.
1.40%
Invest with SPYD

What is SPYD?

The SPDR Portfolio S&P 500 High Dividend ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 High Dividend Index (the "Index"). The S&P 500 High Dividend Index is designed to measure the performance of the top 80 dividend-paying securities listed on the S&P 500 Index, based on dividend yield. The S&P 500 Index focuses on the large capitalization U.S. equity market, including common stock and real estate investment trusts ("REITs"). To determine dividend yield: (i) an indicated dividend is measured by taking the latest dividend paid (excluding special payments) multiplied by the annual frequency of the payment; and (ii) the indicated dividend is then divided by the companys share price at the date of rebalancing.

ETFs related toSPYD

ETFs correlated to SPYD include SPHD, CDL, DVY

SPYD
SPDR Series Trust - SPDR Portfolio S&P 500 High Dividend ETF
SPHD
Invesco Capital Management LLC - Invesco S&P 500 High Dividend Low Volatility ETF
CDL
Victory Portfolios II - VictoryShares US Large Cap High Div Volatility Wtd ETF
DVY
BlackRock Institutional Trust Company N.A. - iShares Select Dividend ETF
SDOG
ALPS Advisors Inc - ALPS Sector Dividend Dogs ETF
ONEY
SPDR Series Trust - SPDR Russell 1000 Yield Focus ETF
FTA
First Trust Exchange-Traded Fund III - First Trust Large Capital Value AlphaDEX Fund
VOE
Vanguard Group, Inc. - Vanguard Mid-Cap Value ETF
IMCV
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Value ETF
IWS
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Value ETF
RDIV
Invesco Exchange-Traded Fund Trust II - Invesco S&P Ultra Dividend Revenue ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toSPYD

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with SPYD using Composer

FAQ

SPYD is a US Equities ETF. The SPDR Portfolio S&P 500 High Dividend ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 High Dividend Index (the "Index"). The S&P 500 High Dividend Index is designed to measure the performance of the top 80 dividend-paying securities listed on the S&P 500 Index, based on dividend yield. The S&P 500 Index focuses on the large capitalization U.S. equity market, including common stock and real estate investment trusts ("REITs"). To determine dividend yield: (i) an indicated dividend is measured by taking the latest dividend paid (excluding special payments) multiplied by the annual frequency of the payment; and (ii) the indicated dividend is then divided by the companys share price at the date of rebalancing.

SPYD tracks the S&P 500 High Dividend Index.

SPYD dividend information: Dividend - High Yield. Dividend payouts may vary in terms of frequency of payouts.

No, SPYD is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, SPYD is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SPYD is -0.0166%. This is the percent change in the value of SPYD over the most recent 1-month period. The 3-month return on SPYD is -0.012%. This is the percent change in the value of SPYD over the most recent 3-month period.

The standard deviation of SPYD for the past year is 0.1906%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SPYD include VYM, DFAS, and DFAT.

ETFs correlated to SPYD include SPHD, CDL, and DVY.

ETFs that are inversely correlated to SPYD include RWM, TZA, and TWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.