SPYD
SPDR Portfolio S&P 500 High Dividend ETF · State Street SPDR
Dividend ETFs
1Y Return
+14.2%
Expense Ratio
0.07%
AUM
$7.6B
Dividend Yield
4.19%
Avg Annual Growth (10Y)
+5.1%
Issuer
State Street SPDR

Overview

The 80 highest-yielding stocks in the S&P 500, equal-weighted — maximum income from large caps, currently paying over 4%.

Top Holdings

TickerHoldingWeight
MOAltria Group1.6%
VTRSViatris Inc.1.5%
TAT&T Inc.1.5%
PMPhilip Morris Intl1.4%
DDominion Energy1.4%
VZVerizon Communications1.4%
KMIKinder Morgan1.3%
IRMIron Mountain1.3%
CCICrown Castle1.3%
FFord Motor1.3%

Fund Details

Index
S&P 500 High Dividend
# Holdings
~80
Inception
Oct 2015
Exchange
NYSE Arca
Structure
Open-End Fund
Distribution
Quarterly
Avg Annual Growth (10Y)
+5.1%
Avg Annual Yield (10Y)
4.20%

Investment Thesis

SPYD is the bluntest income instrument in the S&P 500 toolkit: take the 80 biggest yields, weight them equally, collect 4%+. No quality screen means it leans hard into utilities, REITs and telecoms — sectors that lagged the growth rally and re-rate when rates fall, which the +14% year began to show. Equal weighting keeps any one dividend cut survivable.

Who It's For

Income maximisers who want large-cap yield now and accept value-sector concentration to get it. The high-octane companion to quality-screened funds like SCHD — better income, fewer safety rails.

10-Year History

Annual Closing Price
YearClose% Chg
2016$32.12--
2017$35.98+12.0%
2018$32.02-11.0%
2019$38.43+20.0%
2020$33.43-13.0%
2021$42.12+26.0%
2022$39.60-6.0%
2023$39.20-1.0%
2024$43.12+10.0%
2025$47.00+9.0%
Annual Dividend Yield
YearYield
20163.90%
20173.80%
20184.40%
20194.10%
20204.90%
20213.70%
20224.10%
20234.60%
20244.30%
20254.20%
Annual AUM
YearAUM% Chg
2016$0.2B--
2017$1.5B+650.0%
2018$2.2B+46.7%
2019$3B+36.4%
2020$2.5B-16.7%
2021$5B+100.0%
2022$7B+40.0%
2023$6.5B-7.1%
2024$7B+7.7%
2025$7B+0.0%

Price history from exchange data. Dividend yields from reported distributions; some earlier years are derived from total-return vs price-return data or are ETFHub estimates. AUM history is an ETFHub estimate modelled from current assets and annual returns (fund flows not reflected) and may differ from official fund records. Data as of October 2026.

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