Data as of Oct 28, 2026.

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SDY vs SPYD: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SDY returned +16.5% to SPYD's +15.3%; 23% of their weight is in the same names.

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Net assets on Oct 27, 2026: $21.9bn for State Street SPDR S&P Dividend ETF and $7.5bn for State Street SPDR Portfolio S&P 500 High Dividend ETF.

At a glance
+16.5%
SDY total return, 1 year
+15.3%
SPYD total return, 1 year
0.35%
SDY expense ratio
0.07%
SPYD expense ratio

Pair scorecard

SPYD costs 0.28 points a year less; their one-year returns differ by 1.2 points; SDY is 2.9 times larger.

SDY vs SPYD: Differences, Returns & Fees
MeasureSDYSPYD
Return
Total return, 1 year+16.5%+15.3%
Drawdown
Below its high4.1%, high on Aug 24, 2026
Benchmark
What it tracksS&P High Yield Dividend Aristocrats IndexS&P 500 High Dividend Index
Cost and size
Expense ratio0.35%0.07%
Net assets, as of Oct 27, 2026$21.9bn$7.5bn
Holdings
Holdings in common23%
Top ten holdings, share of the fund20.4%16.1%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Oct 30, 2015 to Oct 23, 2026 · 573 weekly returns
SDY SPYD
Return
Total return edge SDY +192.4% +168.7%
Annualized edge SDY (slight) +10.2% +9.4%
Price return edge SDY +103.7% +61.3%
Risk
Volatility edge SDY 16.2% 19.6%
Max drawdown edge SDY −32.4% −43.0%
Risk-adjusted
Sharpe edge SDY 0.54 0.44
Sortino edge SDY 0.77 0.62
Calmar edge SDY 0.32 0.22
Reading

SDY returned more: +192.4% to +168.7%. SDY swung less: 16.2% to 19.6%. SDY fell less at its worst: −32.4% to −43.0%.

Full scorecard

9 measures, with how each is measured
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Risk and return: SDY vs SPYD: Differences, Returns & Fees
MeasureSDYSPYDEdgeHow it is measured
Return
Total return+192.4%+168.7%SDYPrice change plus distributions, reinvested.
Annualized+10.2%+9.4%SDY (slight)Total return as a yearly rate.
Price return+103.7%+61.3%SDYPrice change alone, distributions left out.
Risk
Volatility16.2%19.6%SDYSpread of weekly returns, annualized. Lower is steadier.
Downside deviation11.4%13.8%SDYLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−32.4%−43.0%SDYDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.540.44SDYReturn above Treasury bills per unit of volatility.
Sortino0.770.62SDYReturn above Treasury bills per unit of downside deviation.
Calmar0.320.22SDYAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 573 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

23%

By the books each fund has filed, SDY and SPYD hold 23% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

23% in common

Positions both hold · largest shared weight first SDY SPYD
ACCENTURE PLC CL A 3.73% 2.18%
CHEVRON CORP 2.15% 1.54%
MEDTRONIC PLC 1.79% 1.49%
TARGET CORP 1.59% 1.40%
KENVUE INC 1.55% 1.32%
KIMBERLY CLARK CORP 1.51% 1.30%
VERIZON COMMUNICATIONS INC 2.81% 1.29%
PEPSICO INC 1.82% 1.28%
NIKE INC CL B 1.51% 1.15%
REALTY INCOME CORP 1.94% 1.13%
EVERSOURCE ENERGY 1.03% 1.18%
T ROWE PRICE GROUP INC 0.90% 1.16%
Only in one fund ↓
Only in SDY
AUTOMATIC DATA PROCESSING 1.55%
BECTON DICKINSON AND CO 1.50%
EXXONMOBIL HOLDINGS CORP 1.49%
CONSOLIDATED EDISON INC 1.40%
LOCKHEED MARTIN CORP 1.39%
WEC ENERGY GROUP INC 1.36%
PROCTER + GAMBLE CO 1.34%
ABBVIE INC 1.32%
Only in SPYD
HP INC 1.74%
HASBRO INC 1.73%
PFIZER INC 1.56%
CROWN CASTLE INC 1.47%
EOG RESOURCES INC 1.45%
AMERICAN TOWER CORP 1.44%
LYONDELLBASELL INDU CL A 1.41%
DOW INC 1.41%
Check overlap with more funds →

Side by side

SDY State Street SPDR S&P Dividend ETF SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P Dividend Tracks the S&P 500 High Dividend
Total return, 1 year +16.5% +15.3%
Expense ratio 0.35% 0.07%
Already in the S&P 500 84.4% 99.3%
Holdings 156 79
Net assets, as of Oct 27, 2026 $21.9bn $7.5bn

SDY and SPYD on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-E1C954777F

SDY and SPYD do different jobs. What does each one do in a portfolio?

  1. What each follows. SDY follows S&P High Yield Dividend Aristocrats Index and SPYD follows S&P 500 High Dividend Index.
  2. Holdings in common. 23% of the weight is in the same securities (holdings dated Oct 27, 2026).
  3. Cost. SDY charges 0.35% of assets a year and SPYD 0.07%, a gap of 0.28 points.

Data as of Oct 28, 2026.

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About each fund
SDY

SDY tracks the S&P Dividend. Over the year to Oct 28, 2026 it returned +16.5% with distributions reinvested. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 84% of the fund by weight is stocks the S&P 500 also holds, across 156 positions, with the top ten at 20.4%.

SPYD

SPYD tracks the S&P 500 High Dividend. Over the year to Oct 28, 2026 it returned +15.3% with distributions reinvested. The prospectus expense ratio is 0.07% a year. By its holdings published by its issuer for Oct 27, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 79 positions, with the top ten at 16.1%. It sat 4.1% below its high of Aug 24, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, SDY or SPYD?
In the year to Oct 28, 2026, with distributions reinvested, SDY returned +16.5% and SPYD +15.3%.
Which is cheaper, SDY or SPYD?
SPYD is cheaper, by 0.28 percentage points a year. That is about $28 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do SDY and SPYD overlap with the S&P 500?
By their latest filed holdings, 84% of SDY and 99% of SPYD by weight is stocks the S&P 500 already holds.
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ETFIQ, SDY against SPYD, data as of Oct 28, 2026. https://etfiq.com/compare/any/sdy-vs-spyd

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