1 No-Brainer High-Dividend S&P Index Fund to Buy Right Now for Less Than $50

Core Viewpoint - The SPDR Portfolio S&P 500 High Dividend ETF (SPYD) is highlighted as a strong investment option for long-term income investors, offering both growth and income potential with low volatility [1][2]. Fund Overview - The SPDR Portfolio S&P 500 High Dividend ETF focuses on S&P 500 companies with above-average dividend yields, tracking the 80 highest-yielding companies in the index [2][4]. - The fund has a low expense ratio of 0.07%, meaning annual investment costs are minimal at $0.70 for every $1,000 invested [5]. - The fund has a distribution yield of approximately 4.5% over the past 12 months, making it one of the higher-paying dividend ETFs available [5]. Performance Metrics - Since its inception in 2015, the fund has delivered an annualized total return of about 8.5%, which is lower than the overall S&P 500 returns, primarily due to the exclusion of megacap tech stocks [6]. - The SPDR Portfolio S&P 500 High Dividend ETF is currently about 8% below its peak, despite the S&P 500 being near an all-time high [9]. Investment Rationale - This ETF is suitable for income-seeking investors who prioritize capital preservation over aggressive growth strategies [8]. - A potential decline in interest rates could benefit high dividend stocks, leading to an increase in the ETF's share price due to the inverse relationship between yield and price [10][11].