SPDV
AAM S&P 500 High Dividend Value ETF
The AAM S&P 500 High Dividend Value ETF seeks to provide investment results that, before fees and expenses, track the total return performance of the S&P 500 Dividend and Free Cash Flow Yield Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
65.8 M
ASSETS UNDER MGMT
29 bp
EXPENSES
Fund Basics
Fund sponsor | Advisors Asset Mgmt |
Category | US |
Asset class | Equity |
Website | link... |
Inception date | Nov 28, 2017 |
Assets (mns) | $66 |
Expense ratio | 29 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Monthly |
Taxation | 1099 |
Stock selection | Fundamental |
Weighting | Equal |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | No |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
VISTRA ENERGY CORP. | 3.6 % |
TAPESTRY, INC. | 2.6 % |
WILLIAMS COS INC | 2.3 % |
NRG ENERGY INC | 2.2 % |
SNAP-ON INC | 2.2 % |
KINDER MORGAN INC | 2.2 % |
CUMMINS INC | 2.2 % |
BRISTOL-MYERS SQUIBB CO | 2.2 % |
3M CO | 2.1 % |
INTERNATIONAL PAPER CO | 2.1 % |
Constituent Breakdown
Number of holdings | 54 |
Herfindahl-Hirschman Index | 192 |
Wgt avg mkt cap (mns) | $68,108 |
Large cap (>$10bn) | 95.2% |
Mid cap ($2-10bn) | 4.8% |
Small cap (<$2bn) | 0.0% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
UNITED STATES | 96.6 % | |
BRITAIN | 3.2 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 22.5% | 31.5% | 11.9% | 10.9% | 9.4% | -- | 8.6% | Volatility | 12.8% | 13.6% | 14.8% | 16.7% | 23.3% | -- | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.84 | 66% |
MSCI EAFE | 0.86 | 68% |
MSCI Emg Mkts | 0.64 | 38% |
Liquidity Measures
Avg. volume (000) | 3 |
Turnover | 0.2% |
Avg. Bid/Ask (% of price) | 0.29% |
ADV of underlying (mns) | $16,797 |
Technical Indicators
Recent close | $35.11 |
30d moving avg. | $33.48 |
Annualized volatility | 18.3% |
Relative strength (RSI) | 55 |
Short interest (ETF) | 0.0% |
Short interest (underlying) | 3.7% |
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. SPDV |
Expenses vs. SPDV |
ALTAR Score™ vs. SPDV |
---|---|---|---|---|
SDOG | ALPS Sector Dividend Dogs ETF | 52.4% | +7 bp | -0.3% |
SPYD | SPDR Portfolio S&P 500 High Dividend ETF | 43.1% | -22 bp | -0.8% |
SPHD | Invesco S&P 500 High Dividend Low Volatility ETF | 39.4% | +1 bp | -1.4% |
DVY | iShares Select Dividend ETF | 30.7% | +9 bp | -1.5% |
CDL | VictoryShares US Large Cap High Dividend Volatility Wtd ETF | 30.4% | +6 bp | -1.9% |
FCFY | First Trust S&P 500 Diversified Free Cash Flow ETF | 30.2% | +31 bp | -0.8% |
CDC | VictoryShares US EQ Income Enhanced Volatility Wtd ETF | 30.2% | +9 bp | -1.9% |
FDL | First Trust Morningstar Dividend Leaders Index Fund | 28.5% | +16 bp | -0.7% |
QDIV | Global X S&P 500 Quality Dividend ETF | 27.7% | -9 bp | -2.0% |
VLUE | iShares MSCI USA Value Factor ETF | 26.6% | -14 bp | +0.5% |
Risk and Returns: SPDV 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 11/29/2024
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
SPDV
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 Rating
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
ALTAR Score™
SPDV
9.3%
Cat. Avg
5.3%
ALTAR Score™ Calculation
Category Overview
There are 976 funds in the US Equity category, with an average ALTAR Score™
of 5.3% and a standard deviation of
2.3%. SPDV's ALTAR Score™ is approximately
1.7 standard deviations
above
the category average. This places SPDV in the 96th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
SPDVSELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Rules-Based US Equity ETFs |
# of ETFs | 609 |
Avg. Expense Ratio | 46.6 bp |
Std. Deviation | 32.9 bp |
SPDV (29 bp) Percentile rank | 30 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
SPDV | 29.0 | 28.7 | 57.7 |
Peer Avg. | 37.1 | 14.9 | 52.1 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .