# AAM S&P 500 High Dividend Value ETF (SPDV): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/spdv for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: AAM · Asset class: Equity - Strategy: Passive Index · Inception: 2017-11-28 ETF Series Solutions - AAM S&P 500 High Dividend Value ETF is an exchange traded fund launched by ETF Series Solutions. It is co-managed by Advisors Asset Management, Inc. and Vident Asset Management. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies, within the market capitalization range of the S&P 500 Index. It invests in dividend paying stocks of companies. It seeks to track the performance of the S&P 500 Dividend and Free Cash Flow Yie... ## Key Facts | Metric | Value | |---|---| | Price | $41.48 | | Expense Ratio | 0.29% | | Assets Under Management | $108.2M | | NAV | $41.61 | | Holdings Count | 55 | | Distribution Yield (TTM) | 3.20% | | Annual Distribution (TTM) | $1.33 /share | | Distribution Frequency | Monthly | | 52-Week Range | $33.10 – $42.24 | | Beta | 0.76 | ## Latest Distribution - Amount: $0.1150 /share - Ex-date: 2026-09-30 - Pay date: 2026-10-02 ## Frequently Asked Questions ### What does SPDV invest in? ETF Series Solutions - AAM S&P 500 High Dividend Value ETF is an exchange traded fund launched by ETF Series Solutions. It is co-managed by Advisors Asset Management, Inc. and Vident Asset Management. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies, within the market capitalization range of the S&P 500 Index. It invests in dividend paying stocks of companies. It seeks to track the performance of the S&P 500 Dividend and Free Cash Flow Yield Index, by using full replication technique. ETF Series Solutions - AAM S&P 500 High Dividend Value ETF was formed on November 28, 2017 and is domiciled in the United States. ### What is the expense ratio of SPDV? AAM S&P 500 High Dividend Value ETF (SPDV) charges an expense ratio of 0.29%. This is the annual fee deducted from fund assets to cover management and operations. ### What is SPDV's dividend yield? SPDV's trailing-twelve-month yield is 3.20%, calculated from the sum of dividends over the past year divided by the current price. ### How big is SPDV? AAM S&P 500 High Dividend Value ETF (SPDV) manages $108.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is SPDV actively managed or an index fund? SPDV is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SPDV's is 0.29%) because there's no security selection cost. ### When was SPDV launched? AAM S&P 500 High Dividend Value ETF (SPDV) launched in November 2017 and is managed by AAM. ### Does SPDV pay a dividend? Yes, AAM S&P 500 High Dividend Value ETF (SPDV) distributes dividends to shareholders. The trailing-twelve-month yield is 3.20%. Full dividend history is on this page. ### How often does SPDV pay dividends? AAM S&P 500 High Dividend Value ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is SPDV's next ex-dividend date? The most recently announced ex-dividend date for SPDV was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will SPDV's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.29% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does SPDV charge its expense ratio? The expense ratio is deducted in tiny daily slices from SPDV's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does SPDV cost more than a fund like VOO? SPDV is a passive index fund (current expense ratio 0.29%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to SPDV? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as SPDV (0.29%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/spdv - Distribution history: https://www.dividenddata.com/funds/spdv/dividend - Holdings & diversification: https://www.dividenddata.com/funds/spdv/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/spdv/expenses - Peer comparison: https://www.dividenddata.com/funds/spdv/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.