About SDY ETF
SDY tracks the S&P High Yield Dividend Aristocrats and only invests in firms that have increased dividends for the past 20 years. The highest yielding firms are then weighted by dividend yield. The portfolio has a lower portfolio yield than the high-yield benchmark and is tilted toward midcaps. The fund holds just over 100 stocks and no single stocks makes up more than 1.9% exposure. SDY includes REITs, contributing to the financial sector allocation. Who is it for: Ideal for investors with a longer-term horizon looking for exposure to large-cap value stocks within US equity market. About the Fund Manager: State Street was incorporated in 1792, has four decades of experience meeting complex client needs and is the third largest asset manager in the world managing $2.73T. It is the 2nd United States bank on the list of oldest banks in continuous operation. State Street is ranked 14th on the list of largest banks in the United States by assets. How did we identify this ETF: A complete pool of 2100+ ETFs are screened on various qualitative and quantitative parameters to evaluate efficiency, tradability and fit. The metrics used were alpha, beta and R-Squared with respect to the segment benchmark and ETF specific metrics such as expense ratio, drawdown, volatility and the overall rating. We evaluate all ETFs and assign a composite score based on our analysis and then select the top ones in a category based on that comprehensive score by the inhouse research / quant analysts team. SDY fee does not have the lowest fee, but excellent liquidity reduces overall costs. The ETF has a large AUM and long track record as well. The strategy is rebalanced on a quarterly basis with the rebalancing mechanism being determined by an algorithm that takes into account the overall performance of the strategy so far.
Returns
| Performance | YTD | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|
| State Street Dividend ETF | 13.76% | 41.67% | 12.92% | 12.24% | 12.48% |
Asset Class
Asset type breakdown
SDY Holdings - Top 10
| Namei | Weightage (%) | |
|---|---|---|
| Exxon Mobil Corporation | 3.83% | |
| AT&T Inc | 2.68% | |
| People's United Financial, Inc | 2.60% | |
| Chevron Corporation | 2.55% | |
| Federal Realty Investment Trust | 2.14% | |
| National Retail Properties, Inc | 1.95% | |
| International Business Machines Corporation | 1.95% | |
| Old Republic International Corporation | 1.73% | |
| AbbVie Inc | 1.73% | |
| Walgreens Boots Alliance, Inc | 1.70% |
SDY Sectors/Industry Breakdown
| Sectori | % of market value | |
|---|---|---|
| Financial Services | 17.74% | |
| Industrials | 16.13% | |
| Consumer Defensive | 12.55% | |
| Utilities | 10.60% | |
| Consumer Cyclicals | 8.65% | |
| Healthcare | 7.50% | |
| Real Estate | 7.07% | |
| Basic Materials | 6.92% | |
| Energy | 6.79% | |
| Communication Services | 4.01% | |
| Technology | 2.05% |
SDY Countries
| Countryi | % of market value | |
|---|---|---|
| North America | 97.27% | |
| Europe Developed | 2.16% | |
| United Kingdom | 0.57% |
Projected Returns
Returnsbased on historic SIP returns of 9.15% per annum
SDY Summary Data
| Total Net Assets | $ | i |
| Average Mkt Cap Mil | $ | i |
| Symbol | SDY | |
| Exchange | ARCX | |
| ISIN | US78464A7634 |
| Cat. Benchmark | S&P 500 TR USD | |
| Asset class | Equity | |
| Category | Large Value | |
| Country | US |
SDY Portfolio Data & Volatility Analysis
| Net Expense Ratio | 0.35 | i |
| Beta | 0.9 | i |
| Valuations Rates Portfolio PE | 17.92949 | i |
| 3 Year Standard Deviation | 18.08 | i |
Fund Strategy
SPDR S&P Dividend ETF intends to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P High Yield Dividend Aristocrats Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index.
SDY Fact Sheets & Reports
About State Street
State Street Corporation is an American financial services corporation founded in 1792. State Street has been providing ETFs since 1993. Today State Street provides ETFs across major markets covering different asset classes. State Street prides itself in creating client oriented products.
