Is State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) a Strong ETF Right Now?

Core Insights - The State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) offers broad exposure to the Large Cap Value category and has amassed over $7.39 billion in assets, making it one of the larger ETFs in this segment [1][5]. Fund Overview - SPYD is managed by State Street Investment Management and aims to match the performance of the S&P 500 High Dividend Index, which measures the performance of the top 80 dividend-paying securities based on dividend yield [5]. - The fund has an annual operating expense ratio of 0.07%, positioning it as one of the least expensive options in the market [6]. Performance Metrics - As of December 16, 2025, SPYD has returned approximately 5.18% year-to-date and 1.94% over the past year, with a trading range between $38.81 and $45.16 in the last 52 weeks [10]. - The fund has a beta of 0.78 and a standard deviation of 15.13% over the trailing three-year period, indicating a medium risk profile [10]. Sector Allocation - The fund's largest sector allocation is to Real Estate at 21.2%, followed by Financials and Consumer Staples [7]. - CVS Health Corp (CVS) is the largest individual holding at 1.66% of total assets, with the top 10 holdings comprising about 14.58% of total assets under management [8]. Alternatives - Other ETFs in the same space include Schwab U.S. Dividend Equity ETF (SCHD) and Vanguard Value ETF (VTV), with assets of $71.88 billion and $157.78 billion respectively, and lower expense ratios of 0.06% and 0.04% [11].