# State Street SPDR Portfolio S&P 500 Value ETF (SPYV): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/spyv 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: 2000-09-25 The State Street SPDR Portfolio S&P 500 Value ETF (SPYV) aims to replicate the overall returns of the S&P 500 Value Index, before deducting its operational expenses. This economical exchange-traded fund offers investors exposure to S&P 500 companies that appear to be trading at an attractive discount compared to the broader market. The selection of stocks for the underlying Index is based on specific "value" attributes, such as their price-to-book, price-to-earnings, and price-to-sales ratios. SPYV is a key component of the State Street SPDR Portfolio's series of core ETFs, which are design... ## Key Facts | Metric | Value | |---|---| | Price | $64.08 | | Expense Ratio | 0.04% | | Assets Under Management | $38.58B | | NAV | $63.77 | | Holdings Count | 435 | | Distribution Yield (TTM) | 1.65% | | Annual Distribution (TTM) | $1.06 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $54.45 – $64.26 | | Beta | 0.83 | ## Latest Distribution - Amount: $0.2677 /share - Ex-date: 2026-09-21 - Pay date: 2026-09-23 ## Frequently Asked Questions ### What does SPYV invest in? The State Street SPDR Portfolio S&P 500 Value ETF (SPYV) aims to replicate the overall returns of the S&P 500 Value Index, before deducting its operational expenses. This economical exchange-traded fund offers investors exposure to S&P 500 companies that appear to be trading at an attractive discount compared to the broader market. The selection of stocks for the underlying Index is based on specific "value" attributes, such as their price-to-book, price-to-earnings, and price-to-sales ratios. SPYV is a key component of the State Street SPDR Portfolio's series of core ETFs, which are designed as essential building blocks for portfolios, providing wide-ranging and diversified investment in fundamental asset classes. ### What is the expense ratio of SPYV? State Street SPDR Portfolio S&P 500 Value ETF (SPYV) charges an expense ratio of 0.04%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is SPYV? State Street SPDR Portfolio S&P 500 Value ETF (SPYV) manages $38.58B 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 SPYV actively managed or an index fund? SPYV 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 (SPYV's is 0.04%) because there's no security selection cost. ### When was SPYV launched? State Street SPDR Portfolio S&P 500 Value ETF (SPYV) launched in September 2000 and is managed by SPDR. ### How has SPYV performed? SPYV's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does SPYV pay a dividend? State Street SPDR Portfolio S&P 500 Value ETF (SPYV) currently distributes little or no income. Trailing-twelve-month yield is 1.65%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SPYV pay dividends? State Street SPDR Portfolio S&P 500 Value ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is SPYV's dividend yield? SPYV's trailing-twelve-month yield is 1.65%, calculated from the sum of dividends over the past year divided by the current price. ### When is SPYV's next ex-dividend date? The most recently announced ex-dividend date for SPYV 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 SPYV's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.04% 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 SPYV charge its expense ratio? The expense ratio is deducted in tiny daily slices from SPYV'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 SPYV cost more than a fund like VOO? SPYV is a passive index fund (current expense ratio 0.04%). 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 SPYV? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as SPYV (0.04%) 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/spyv - Distribution history: https://www.dividenddata.com/funds/spyv/dividend - Holdings & diversification: https://www.dividenddata.com/funds/spyv/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/spyv/expenses - Peer comparison: https://www.dividenddata.com/funds/spyv/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.