SDY
State Street SPDR S&P Dividend ETF
$155.89
-0.99
(-0.63%)
AUM
$21.87B
Expense Ratio
0.35%
NAV
$156.86
Holdings
155
Asset Class
Equity
Inception
11/08/2005
Provider
SPDR
Top Holdings
Fund Description
This fund aims to replicate, before its operational costs, the overall investment performance of the S&P High Yield Dividend AristocratsTM Index. The index specifically targets corporations that have demonstrated an unbroken track record of dividend increases over two decades or more, subsequently assigning weight to these holdings based on their current dividend yield. This stringent requirement for a prolonged history of rising dividends ensures that the index constituents offer a blend of potential capital appreciation and reliable income, rather than being purely high-yielding investments.