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SPDR® Portfolio S&P 500® High Dividend ETF SPYD

NAV
$41.71
as of Dec 01 2022
Base Currency
USD
Assets Under Management
$7,901.03 M
as of Dec 01 2022
Gross Expense Ratio
0.07%

Key Features


  • 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”)
  • One of the low cost core SPDR Portfolio ETFs, a suite of portfolio building blocks designed to provide broad, diversified exposure to core asset classes
  • A low cost ETF that seeks to provide a high level of dividend income and the opportunity for capital appreciation
  • The Index is designed to measure the performance of the top 80 high dividend-yielding companies within the S&P 500 Index


About this Benchmark


The S&P 500 High Dividend Index is designed to measure the performance of the top 80 high dividend-yielding companies within the S&P 500® Index, based on dividend yield. 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 company’s share price at the date of rebalancing.


Fund Information as of Dec 02 2022

Benchmark S&P 500 High Dividend Index
Inception Date Oct 21 2015
Options Available No
Gross Expense Ratio
0.07%
Base Currency USD
Administrator State Street Global Advisors Funds Management Inc.
Investment Manager SSGA Funds Management, Inc.
Management Team Global Equity Beta Solutions
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Quarterly

Listing Information as of Dec 02 2022

Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Oct 22 2015 USD SPYD 78468R788 US78468R7888

Fund Characteristics as of Dec 01 2022

Est. 3-5 Year EPS Growth
3.10%
Number of Holdings 79
Price/Book Ratio
1.81
Price/Earnings Ratio FY1
11.93
Weighted Average Market Cap $54,119.80 M

Index Characteristics as of Nov 30 2022

Est. 3-5 Year EPS Growth 2.98%
Number of Holdings 80
Price/Cash Flow 7.87
Price/Earnings 12.63
Price/Earnings Ratio FY1 11.76

Index Statistics as of Nov 30 2022

Average Size Size Range
Weighted Average Market Cap Mean Median Largest Smallest
$53,925.00 M $51,055.30 M $24,557.25 M $458,530.72 M $4,851.05 M

Yields as of Nov 30 2022

30 Day SEC Yield
4.23%
30 Day SEC Yield (Unsubsidized)
-
Fund Distribution Yield
3.84%
Index Dividend Yield
4.32%

Fund Market Price as of Dec 01 2022

Bid/Ask
$41.71
Closing Price
$41.70
Day High $42.12
Day Low $41.56
Exchange Volume (Shares)
359,305
Premium/Discount
0.01%
30-Day Median Bid/Ask Spread
0.02%

Premium Discount to NAV Graph and Summary

Number of Days Summary

Calendar Year 2021 First Quarter of 2022 Second Quarter of 2022 Third Quarter of 2022
Days Traded at Premium
153 31 40 28
Days Traded at Discount
99 31 22 36

Because ETFs trade like stocks at current market prices, shareholders may pay more than a fund’s NAV when purchasing fund shares and may receive less than a fund’s NAV when selling fund shares.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.


Fund Net Cash Amount as of Dec 01 2022

Net Cash Amount $15,792,803.51

Fund Net Asset Value as of Dec 01 2022

NAV
$41.71
Shares Outstanding 189.45 M
Assets Under Management $7,901.03 M

Fund Performance

  • Fund Inception Date: Oct 21 2015

as of Oct 31 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Oct 21 2015
Fund Before Tax
NAV Oct 31 2022 10.15% 10.15% -3.75% 0.75% 5.71% 6.60% - 8.77%
Market Value Oct 31 2022 10.14% 10.14% -3.74% 0.78% 5.71% 6.60% - 8.77%
S&P 500 High Dividend Index Oct 31 2022 10.18% 10.18% -3.71% 0.82% 5.74% 6.65% - 8.86%
Fund After Tax
Return after Taxes on Distributions Oct 31 2022 10.15% 10.15% -5.15% -0.80% 4.14% 5.05% - 7.20%
Return after Taxes on Distributions and Sale of Fund Shares Oct 31 2022 6.01% 6.01% -2.20% 0.51% 3.91% 4.67% - 6.44%
S&P 500 High Dividend Index Oct 31 2022 10.18% 10.18% -3.71% 0.82% 5.74% 6.65% - 8.86%

as of Sep 30 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Oct 21 2015
Fund Before Tax
NAV Sep 30 2022 -10.89% -10.17% -12.62% -5.75% 2.62% 4.67% - 7.37%
Market Value Sep 30 2022 -10.85% -10.21% -12.60% -5.72% 2.63% 4.67% - 7.38%
S&P 500 High Dividend Index Sep 30 2022 -10.93% -10.21% -12.61% -5.69% 2.64% 4.71% - 7.46%
Fund After Tax
Return after Taxes on Distributions Sep 30 2022 -11.28% -10.56% -13.90% -7.20% 1.10% 3.14% - 5.80%
Return after Taxes on Distributions and Sale of Fund Shares Sep 30 2022 -6.43% -6.00% -7.37% -3.25% 1.62% 3.22% - 5.35%
S&P 500 High Dividend Index Sep 30 2022 -10.93% -10.21% -12.61% -5.69% 2.64% 4.71% - 7.46%

Past performance is not a reliable indicator of future performance. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment.  All results are historical and assume the reinvestment of dividends and capital gains. It is not possible to invest directly in an index.

Performance returns for periods of less than one year are not annualized.  Performance is shown net of fees.

Index returns are unmanaged and do not reflect the deduction of any fees or expenses. Index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income as applicable.

The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

Gross Expense Ratio: 0.07%


Top Holdings

as of Dec 01 2022
as of Nov 30 2022

Fund Top Holdings as of Dec 01 2022

Name Shares Held Weight
Gilead Sciences Inc. 1,573,373 1.76%
Principal Financial Group Inc. 1,496,799 1.73%
Cardinal Health Inc. 1,678,555 1.69%
Phillips 66 1,131,696 1.55%
Exxon Mobil Corporation 1,098,578 1.55%
Valero Energy Corporation 919,649 1.54%
Chevron Corporation 663,393 1.54%
Hewlett Packard Enterprise Co. 6,947,076 1.49%
Darden Restaurants Inc. 788,315 1.46%
Huntington Bancshares Incorporated 7,347,178 1.46%
Download All Holdings: Daily

Index Top Holdings as of Nov 30 2022

Name Weight
Gilead Sciences Inc. 1.75%
Cardinal Health Inc. 1.70%
Principal Financial Group Inc. 1.70%
Valero Energy Corporation 1.56%
Phillips 66 1.55%
Exxon Mobil Corporation 1.55%
Chevron Corporation 1.54%
Hewlett Packard Enterprise Co. 1.48%
Darden Restaurants Inc. 1.47%
NRG Energy Inc. 1.44%

Sector Allocation

as of Dec 01 2022
as of Nov 30 2022

Fund Sector Breakdown as of Dec 01 2022

Sector Weight
Financials 22.10%
Utilities 14.91%
Real Estate 14.35%
Energy 10.25%
Consumer Staples 7.82%
Health Care 7.23%
Communication Services 6.13%
Materials 5.82%
Consumer Discretionary 5.56%
Information Technology 4.68%
Industrials 1.15%

Index Sector Breakdown as of Nov 30 2022

Sector Weight
Financials 21.96%
Utilities 14.87%
Real Estate 14.35%
Energy 10.20%
Consumer Staples 7.72%
Health Care 7.15%
Communication Services 6.73%
Materials 5.75%
Consumer Discretionary 5.48%
Information Technology 4.64%
Industrials 1.14%

Purchase Information


Buying and Selling ETFs

ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

Ordinary brokerage commissions apply.


In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Unless otherwise noted all information contained herein is that of the SPDR® Portfolio S&P 500® High Dividend ETF.

Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.