# State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/spyd for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: SPDR · Asset class: Equity - Strategy: Passive Index · Inception: 2015-10-21 The Fund seeks to provide investment results that correspond generally to the total return performance of S&P 500 High Dividend Index. The Fund invests at least 80% of its assets in the securities comprising the Index, designed to measure the performance of 80 high dividend-yielding companies within the S&P 500 Index. ## Key Facts | Metric | Value | |---|---| | Price | $48.59 | | Expense Ratio | 0.07% | | Assets Under Management | $7.59B | | NAV | $48.86 | | Holdings Count | 78 | | Distribution Yield (TTM) | 4.24% | | Annual Distribution (TTM) | $2.06 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $41.87 – $50.90 | | Beta | 0.64 | ## Latest Distribution - Amount: $0.5178 /share - Ex-date: 2026-09-21 - Pay date: 2026-09-23 ## Frequently Asked Questions ### What does SPYD invest in? The Fund seeks to provide investment results that correspond generally to the total return performance of S&P 500 High Dividend Index. The Fund invests at least 80% of its assets in the securities comprising the Index, designed to measure the performance of 80 high dividend-yielding companies within the S&P 500 Index. ### What is the expense ratio of SPYD? State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) charges an expense ratio of 0.07%. This is the annual fee deducted from fund assets to cover management and operations. ### What is SPYD's dividend yield? SPYD's trailing-twelve-month yield is 4.24%, calculated from the sum of dividends over the past year divided by the current price. ### How big is SPYD? State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) manages $7.59B 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 SPYD actively managed or an index fund? SPYD 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 (SPYD's is 0.07%) because there's no security selection cost. ### When was SPYD launched? State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) launched in October 2015 and is managed by SPDR. ### Does SPYD pay a dividend? Yes, State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) distributes dividends to shareholders. The trailing-twelve-month yield is 4.24%. Full dividend history is on this page. ### How often does SPYD pay dividends? State Street SPDR Portfolio S&P 500 High Dividend ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is SPYD's next ex-dividend date? The most recently announced ex-dividend date for SPYD was 2026-09-21. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will SPYD's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.07% 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 SPYD charge its expense ratio? The expense ratio is deducted in tiny daily slices from SPYD'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 SPYD cost more than a fund like VOO? SPYD is a passive index fund (current expense ratio 0.07%). 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 SPYD? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as SPYD (0.07%) 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/spyd - Distribution history: https://www.dividenddata.com/funds/spyd/dividend - Holdings & diversification: https://www.dividenddata.com/funds/spyd/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/spyd/expenses - Peer comparison: https://www.dividenddata.com/funds/spyd/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.