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SPYD vs. SPY

SPDR Portfolio S&P 500 High Dividend ETF

SPYD
$
Today’s Change
()
vs

SPDR S&P 500 ETF Trust

SPY
$
Today’s Change
()

Correlation

1M
3M
6M
YTD
1Y
3Y
Max

Performance Measures**

for the time period Oct 22, 2015 to Dec 16, 2025

Returns

1M Trailing Return:

3M Trailing Return:

SPYD

2.9%

-0.1%

SPY

2.0%

3.1%

Diff.

+0.9%

-3.2%

Measures of Risk or Volatility

Max Drawdown:

Standard Deviation:

SPYD

-46.4%

19.9%

SPY

-33.7%

18.0%

Diff.

-12.7%

+1.9%

Measures of Risk-Adjusted Performance

Sharpe Ratio:

Calmar Ratio:

SPYD

0.51

0.18

SPY

0.84

0.43

Diff.

-0.33

-0.25

SPYDSPDR Portfolio S&P 500 High Dividend ETF
SPYSPDR S&P 500 ETF Trust

What is SPYD?

The SPDR Portfolio S&P 500 High Dividend ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 High Dividend Index (the "Index"). The S&P 500 High Dividend Index is designed to measure the performance of the top 80 dividend-paying securities listed on the S&P 500 Index, based on dividend yield. The S&P 500 Index focuses on the large capitalization U.S. equity market, including common stock and real estate investment trusts ("REITs"). To determine dividend yield: (i) an indicated dividend is measured by taking the latest dividend paid (excluding special payments) multiplied by the annual frequency of the payment; and (ii) the indicated dividend is then divided by the companys share price at the date of rebalancing.

Snapshot
**

SPYD SPDR Portfolio S&P 500 High Dividend ETF
SPY SPDR S&P 500 ETF Trust
Inception date
Oct 21, 2015
Jan 22, 1993
Expense ratio
0.07%
0.09%
SPYD has a lower expense ratio than SPY by 0.01%. This can indicate that it’s cheaper to invest in SPYD than SPY.
Type
US Equities
US Equities
SPYD targets investing in US Equities, while SPY targets investing in US Equities.
Fund owner
State Street (SPDR)
State Street (SPDR)
SPYD is managed by State Street (SPDR), while SPY is managed by State Street (SPDR).
Volume (1m avg. daily)
$31,341,265
$33,257,618,740
Both SPYD and SPY are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$6,188,814,848
$400,404,126,565
SPYD has more assets under management than SPY by $394,215,311,717. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P 500 High Dividend Index
S&P 500 Index
SPYD is based off of the S&P 500 High Dividend Index, while SPY is based off of the S&P 500 Index
Inverse/Leveraged
No
No
Neither SPYD nor SPY use an inverse or leveraged strategy.
Passive/Active
Passive
Passive
SPYD and SPY both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
Yes
No
SPYD may offer dividends, while SPY does not. The frequency and yield of the dividend for SPYD may vary.
Prospectus
SPY may issue a K1, while SPYD does not. You can find non-K1 alternatives for SPY in its “Related ETFs” section.

Trading Strategies
Related toSPYD

Dividend ETFs

Category

Dividend income, equity factors, multi-ETF, buy-and-hold, global equities, value tilt, low-volatility tilt

OOS Cumulative Return

29.53%

Trading Strategies
Related toSPY

Inside Nancy Pelosi's Chips- V3

Category

Semiconductors, mean reversion, momentum, trend filter, RSI, leveraged ETFs, tactical, energy, commodities

OOS Cumulative Return

1621.64%

Create your own algorithmic
trading strategy

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.