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SPDR® Portfolio S&P Sector Neutral Dividend ETF SPDG

NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$34.89
as of Jun 17 2024
Base Currency
USD
Assets Under Management
$5.58 M
as of Jun 17 2024
Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.05%

Key Features

  • The SPDR® Portfolio S&P Sector Neutral Dividend ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Sector-Neutral High Yield Dividend Aristocrats Index (the “Index”)
  • The Index is designed to include large, mid and small-cap companies in the S&P Composite 1500® Index that have increased or maintained their dividend for seven or more consecutive years while seeking to mirror the sector weights of the S&P Composite 1500® Index
  • By providing the potential for attractive income while seeking to track an index designed to mitigate the effect sector biases can have on dividend strategies relative returns to broader equity markets, SPDG is designed for income oriented buy-and-hold investors seeking a low cost, core dividend fund

About this Benchmark

The S&P Sector-Neutral High Yield Dividend Aristocrats Index is designed to measure the performance of companies in the S&P Composite 1500 Index (the “Parent Index”) that have followed a policy of increasing or maintaining dividends every year for at least seven consecutive years while maintaining sector weights that correspond to the Parent Index. The Parent Index is designed to measure the performance of the large-, mid-, and small-capitalization segments of the U.S. equity market.

Fund Information as of Jun 18 2024

Benchmark S&P Sector-Neutral High Yield Dividend Aristocrats Index
Inception Date Sep 11 2023
Options Available No
Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.05%
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 Jun 18 2024

Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Sep 12 2023 USD SPDG 78468R465 US78468R4653

Fund Characteristics as of Jun 17 2024

Est. 3-5 Year EPS Growth

Estimated 3-5 Year EPS Growth

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

9.21%
Number of Holdings 272
Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

3.08
Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

16.34
Weighted Average Market Cap $234,266.00 M

Index Characteristics as of Jun 17 2024

Est. 3-5 Year EPS Growth 9.21%
Number of Holdings 272
Price/Cash Flow 11.86
Price/Earnings 21.34
Price/Earnings Ratio FY1 16.34

Index Statistics as of Jun 17 2024

Average Size Size Range
Weighted Average Market Cap Mean Median Largest Smallest
$234,240.48 M $45,438.10 M $13,152.15 M $850,424.56 M $1,590.75 M

Yields as of Jun 17 2024

30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

2.99%
30 Day SEC Yield (Unsubsidized)

30 Day SEC Yield (Unsubsidized)

An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.

-
Index Dividend Yield

Index Dividend Yield

The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.

3.08%

Fund Market Price as of Jun 17 2024

Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.

$34.90
Closing Price

Closing Price

Market Price of last reported trade on the exchange.

$34.92
Day High $34.92
Day Low $34.62
Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

5
Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

0.05%
30-Day Median Bid/Ask Spread

The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.

0.09%

Premium Discount to NAV Graph and Summary

The line graph and table below show historical information about the differences between the daily closing price for shares of the fund (as determined by the fund’s listing exchange) and the fund’s net asset value over certain periods. The vertical axis of the line graph shows the premium/discount expressed as a percentage of NAV. The horizontal axis indicates the date at which the premium/discount occurred. The table shows the number of trading days in which the fund traded at a premium or at a discount to NAV.

Number of Days Summary

Calendar Year 2023 First Quarter of 2024
Days Traded at Premium

Number of days the ETF 4PM Bid/Ask was above the NAV.

61 38
Days Traded at Discount

Number of days the ETF 4PM Bid/Ask was below the NAV.

16 23

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 Jun 17 2024

Net Cash Amount $9,843.48

Fund Net Asset Value as of Jun 17 2024

NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$34.89
Shares Outstanding 160,000.00
Assets Under Management $5.58 M

Fund Performance

  • Fund Inception Date: Sep 11 2023

as of May 31 2024

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Sep 11 2023
Fund Before Tax
NAV May 31 2024 2.81% -1.80% 5.96% - - - - 14.44%
Market Value May 31 2024 2.91% -1.65% 5.98% - - - - 14.56%
Benchmark
S&P Sector-Neutral High Yield Dividend Aristocrats Index
May 31 2024 2.83% -1.79% 6.03% 22.31% - - - 14.52%
Fund After Tax
Return after Taxes on Distributions May 31 2024 2.81% -1.80% 5.72% - - - - 13.92%
Return after Taxes on Distributions and Sale of Fund Shares May 31 2024 1.67% -1.06% 3.53% - - - - 8.68%
Benchmark
S&P Sector-Neutral High Yield Dividend Aristocrats Index
May 31 2024 2.83% -1.79% 6.03% 22.31% - - - 14.52%

as of Mar 31 2024

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Sep 11 2023
Fund Before Tax
NAV Mar 31 2024 4.31% 7.90% 7.90% - - - - 16.54%
Market Value Mar 31 2024 4.39% 7.76% 7.76% - - - - 16.48%
Benchmark
S&P Sector-Neutral High Yield Dividend Aristocrats Index
Mar 31 2024 4.34% 7.97% 7.97% 22.15% - - - 16.61%
Fund After Tax
Return after Taxes on Distributions Mar 31 2024 4.07% 7.66% 7.66% - - - - 16.01%
Return after Taxes on Distributions and Sale of Fund Shares Mar 31 2024 2.55% 4.67% 4.67% - - - - 9.92%
Benchmark
S&P Sector-Neutral High Yield Dividend Aristocrats Index
Mar 31 2024 4.34% 7.97% 7.97% 22.15% - - - 16.61%

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: 0.05%

Top Holdings

Subject to change.

as of Jun 17 2024
as of Jun 17 2024

Fund Top Holdings as of Jun 17 2024

Name Shares Held Weight
BROADCOM INC 335 10.98%
VERIZON COMMUNICATIONS INC 10,031 7.09%
HOME DEPOT INC 663 4.15%
QUALCOMM INC 840 3.34%
ORACLE CORP 1,248 3.16%
ACCENTURE PLC CL A 492 2.52%
CISCO SYSTEMS INC 3,010 2.46%
TEXAS INSTRUMENTS INC 687 2.40%
INTL BUSINESS MACHINES CORP 688 2.09%
UNITEDHEALTH GROUP INC 226 1.98%
Download All Holdings: Daily

Index Top Holdings as of Jun 17 2024

Name Weight
Broadcom Inc. 11.03%
Verizon Communications Inc. 7.13%
Home Depot Inc. 4.17%
QUALCOMM Incorporated 3.36%
Oracle Corporation 3.17%
Accenture Plc Class A 2.53%
Cisco Systems Inc. 2.48%
Texas Instruments Incorporated 2.41%
International Business Machines Corporation 2.10%
UnitedHealth Group Incorporated 1.99%

Sector Allocation

as of Jun 17 2024
as of Jun 17 2024

Fund Sector Breakdown as of Jun 17 2024

Sector Weight
Information Technology 32.36%
Financials 12.66%
Health Care 11.42%
Consumer Discretionary 10.16%
Industrials 8.86%
Communication Services 7.91%
Consumer Staples 5.53%
Energy 3.57%
Materials 2.70%
Real Estate 2.64%
Utilities 2.19%

Index Sector Breakdown as of Jun 17 2024

Sector Weight
Information Technology 32.36%
Financials 12.67%
Health Care 11.43%
Consumer Discretionary 10.16%
Industrials 8.85%
Communication Services 7.91%
Consumer Staples 5.53%
Energy 3.57%
Materials 2.70%
Real Estate 2.64%
Utilities 2.18%

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 Sector Neutral 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.