SDY
SPDR S&P Dividend ETF
SPDR S&P Dividend ETF is an exchange traded fund incorporated in the USA. The Fund's objective is to replicate the price and yield of the S&P High Yield Dividend Aristocrats Index. The Index measures the performance of 50 highest dividend yielding S&P Composite 1500 constituents that have followed a managed dividends policy of consistently increasing dividends every year for 25 years.
Fund Basics
Fund sponsor | SSGA Funds Management Inc |
Category | US Equities |
Asset class | Equity |
Website | link... |
Inception date | Nov 08, 2005 |
Assets (mns) | $20,362 |
Expense ratio | 35 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Dividends |
Weighting | Dividend |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
3M CO | 2.2 % |
REALTY INCOME CORP | 2.1 % |
EDISON INTERNATIONAL | 1.9 % |
EXXON MOBIL CORP | 1.8 % |
CHEVRON CORP | 1.8 % |
INTL BUSINESS MACHINES CORP | 1.7 % |
SOUTHERN CO | 1.7 % |
KIMBERLY-CLARK CORP | 1.7 % |
WEC ENERGY GROUP INC | 1.7 % |
ABBVIE INC | 1.6 % |
Constituent Breakdown
Number of holdings | 136 |
Herfindahl-Hirschman Index | 103 |
Wgt avg mkt cap (mns) | $82,572 |
Large cap (>$10bn) | 86.1% |
Mid cap ($2-10bn) | 13.6% |
Small cap (<$2bn) | 0.3% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
UNITED STATES | 95.2 % | |
BRITAIN | 2.0 % | |
IRELAND | 1.5 % | |
SWITZERLAND | 0.6 % |
Historical Performance
Standardized Annual Returns (as of 03/31/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
---|---|---|---|---|---|---|
5.6% | 10.6% | 4.7% | 6.9% | 9.0% | 9.9% | 9.0% |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.79 | 76% |
MSCI EAFE | 0.83 | 77% |
MSCI Emg Mkts | 0.57 | 40% |
Liquidity Measures
Avg. volume (000) | 270 |
Turnover | 0.2% |
Avg. Bid/Ask (% of price) | 0.02% |
ADV of underlying (mns) | $35,861 |
Technical Indicators
Recent close | $127.90 |
30d moving avg. | $118.88 |
Annualized volatility | 16.1% |
Relative strength (RSI) | 71 |
Short interest (ETF) | 0.1% |
Short interest (underlying) | 2.2% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. SDY |
Expenses vs. SDY |
ALTAR Score™ vs. SDY |
---|---|---|---|---|
SNPD | Xtrackers S&P ESG Dividend Aristocrats ETF | 67.4% | -20 bp | +0.8% |
NOBL | ProShares S&P 500 Dividend Aristocrats ETF | 59.4% | 0 bp | -0.2% |
TMDV | ProShares Russell US Dividend Growers ETF | 45.4% | 0 bp | +0.2% |
VSDA | VictoryShares Dividend Accelerator ETF | 40.9% | 0 bp | -0.2% |
PFM | Invesco Dividend Achievers ETF | 32.3% | +18 bp | -0.6% |
FVD | First Trust Value Line Dividend Index Fund | 31.6% | +30 bp | -0.2% |
DGRO | iShares Core Dividend Growth ETF | 31.6% | -27 bp | +0.2% |
KNGZ | First Trust S&P 500 Diversified Dividend Aristocrats ETF | 31.5% | +15 bp | +1.6% |
VIG | Vanguard Dividend Appreciation ETF | 30.6% | -29 bp | -0.4% |
XRLV | Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF | 29.5% | -10 bp | -0.5% |
Risk and Returns: SDY vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 4/25/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
SDY
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
SDY
6.3%
Cat. Avg
5.8%
Fund Category: US Equities
Avg. Return on Equity | --% |
Divided by: Fwd. P/BV | --x |
Less: Expenses | -- bp |
Equals: ALTAR Score™ | 6.3% |
Recommendation
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
Category Overview
There are 886 funds in the US Equities category, with an average ALTAR Score™
of 5.8% and a standard deviation of
2.7%. SDY's ALTAR Score™ is approximately
0.2 standard deviations
above
the category average. This places SDY in the 57th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
SDY
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
Latest price | |
Change | |
Volume | |
Bid/Ask Spread | |
Update |
Today's Trading
Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
SDY | 35.0 | 2.4 | 37.4 |
Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .