SDY
SPDR S&P Dividend ETF · State Street SPDR
Dividend ETFs
1Y Return
+15.4%
Expense Ratio
0.35%
AUM
$24B
Dividend Yield
2.41%
Avg Annual Growth (10Y)
+8.8%
Issuer
State Street SPDR

Overview

The S&P High Yield Dividend Aristocrats — companies that have raised their dividend for at least 20 consecutive years, weighted by yield.

Top Holdings

TickerHoldingWeight
TAT&T Inc.2.6%
VZVerizon2.4%
XOMExxon Mobil2.2%
CVXChevron2.1%
ORealty Income2.0%
IBMIBM Corp.1.9%
ABBVAbbVie1.8%
KOCoca-Cola1.7%
PEPPepsiCo1.7%
MMM3M Company1.6%

Fund Details

Index
S&P High Yield Dividend Aristocrats
# Holdings
~130
Inception
Nov 2005
Exchange
NYSE Arca
Structure
Open-End Fund
Distribution
Quarterly
Avg Annual Growth (10Y)
+8.8%
Avg Annual Yield (10Y)
2.54%

Investment Thesis

Twenty consecutive years of dividend increases is a filter almost nothing survives — it spans the dot-com bust, 2008 and the pandemic, and what remains is a portfolio of businesses that treat the dividend as sacred. SDY then weights the survivors by yield, tilting toward the cheaper, higher-paying end of the aristocracy. It will never lead a momentum market; it exists for the two decades after, when compounding raised payouts quietly does the work.

Who It's For

Income investors who prioritise dividend growth and reliability over headline yield, and anyone building the defensive income sleeve of a retirement portfolio.

10-Year History

Annual Closing Price
YearClose% Chg
2016$69.51--
2017$80.08+15.2%
2018$77.51-3.2%
2019$93.33+20.4%
2020$92.02-1.4%
2021$113.00+22.8%
2022$109.39-3.2%
2023$112.23+2.6%
2024$125.92+12.2%
2025$143.30+13.8%
Annual Dividend Yield
YearYield
20162.40%
20172.40%
20182.50%
20192.60%
20202.40%
20212.90%
20222.70%
20232.60%
20242.50%
20252.41%
Annual AUM
YearAUM% Chg
2016$14B--
2017$15B+7.1%
2018$15B+0.0%
2019$16B+6.7%
2020$17B+6.2%
2021$18B+5.9%
2022$18B+0.0%
2023$19B+5.6%
2024$20B+5.3%
2025$21B+5.0%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

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