SPYD Profile
SPDR S&P 500 High Dividend Portfolio ETF (SPYD) is an exchange-traded fund (ETF) that 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 fund aims to provide exposure to the highest dividend yielding S&P 500 companies while maintaining sector diversification.
SPYD has an expense ratio of 0.07% and as of February 18, 2023, the fund had $4.95 billion in assets under management. The fund is composed of 81 holdings with a weighted average market capitalization of $87.36 billion.
The fund has a focus on high dividend yield companies, with a dividend yield of 4.21% as of February 18, 2023. The top sectors of the fund include Financials, Real Estate, and Utilities, which make up approximately 67% of the total portfolio. The top five holdings of the fund are AT&T Inc., Verizon Communications Inc., Exxon Mobil Corporation, Chevron Corporation, and Pfizer Inc.
Investors seeking to invest in companies with a high dividend yield may consider adding SPYD to their portfolio. However, it is important to note that investments in the fund are subject to the risks associated with investing in equities, including market risk and sector risk. Additionally, investments in the fund may also be subject to interest rate risk, as rising interest rates may negatively impact the fund's performance. As with all investments, investors should conduct their own research and consult with a financial advisor before making any investment decisions.
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