SPYD Analysis
SPDR Portfolio S&P 500 High Dividend ETF — is the distribution income, or your own capital coming back?
Distributions plus NAV growth
Over the last 1Y, SPYD paid a 4.1% distribution yield and its NAV rose 16.8% — holders kept the distributions and the price appreciation.
This verdict is generated from fixed thresholds applied to live price and distribution data, not written per fund. Two funds with the same profile always get the same wording.
How SPYD generates income
SPYD is an income-focused ETF issued by State Street. Tracks the S&P 500 High Dividend Index — the top 80 highest-yielding stocks in the S&P 500, equally weighted. Heavy tilt to REITs, utilities, and energy. Expense ratio 0.07% (very low), forward yield ~4.5%, quarterly distributions. Simpler and cheaper than SPHD (no volatility screen); more concentrated than VYM's ~440 holdings.
The fund is designed for investors who prioritize regular income distributions. The yield comes from a combination of dividends from the underlying holdings and any income-generating strategies the fund employs.
- Income source
- Dividends from underlying holdings
- Issuer
- State Street
SPYD price return since first distribution
The capital half of total return. Read it against the cumulative distributions below — the two together are what a holder actually earned.
Cumulative price return: +27.45%
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Cumulative distributions collected
Running total of per-share distributions since the first payment on record — 43 payments.
Total collected per share since inception: $18.75
Go deeper on SPYD than this page can
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