SDY vs SPYD: Dividend Yield, Total Return & Fees Compared

State Street SPDR S&P Dividend ETFState Street SPDR Portfolio S&P 500 High Dividend ETF

Data as of the close · refreshed automatically every trading day

Performance: SDY vs SPYD

Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.

SDYSPYD

Total Return (%) · dividends reinvested · Nov 7, 2025 – Nov 9, 2026

DividendDuel.com
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Higher yieldSPYD4.12% vs 2.31%
Better 1-year total returnSPYD+22.34% vs +22.28%
Better 5-year total returnSPYD+51.36% vs +47.98%
Expense ratio—SDY n/a · SPYD n/a

SDY vs SPYD at a glance

This page compares State Street SPDR S&P Dividend ETF (SDY) with State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) using prices and distributions through November 9, 2026. The numbers update automatically after each trading session.

With dividends reinvested, SPYD has led over the last 12 months at +22.34% versus +22.28% for SDY. SPYD currently yields 4.12% (trailing 12-month) against 2.31% for SDY. Across five years the total-return gap is +51.36% for SPYD vs +47.98% for SDY.

SPYD leads on both current yield and 1-year total return. Yields and returns move with markets, so check the longer periods below before drawing conclusions.

Key figures for SDY and SPYD
MetricSDYSPYD
Last close$163.52$50.00
Dividend yield2.31% (TTM)4.12% (TTM)
Expense ratio——
Paysquarterlyquarterly
Dividends, last 12 months$3.78 (4 payments)$2.06 (4 payments)
IssuerState StreetState Street
Inception——

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
SDYState Street SPDR S&P Dividend ETF
2.31%
+22.28%$163.52$0.9168QuarterlyState Street
SPYDState Street SPDR Portfolio S&P 500 High Dividend ETF
4.12%
Best+22.34%$50.00$0.5178QuarterlyState Street

Total returns

Price change plus dividends paid, by holding period. Best in each period is outlined.

ETF1M3M6M1Y2Y5Y
SDYState Street SPDR S&P Dividend ETF+9.72%+4.24%+11.88%+22.28%+21.79%+47.98%
SPYDState Street SPDR Portfolio S&P 500 High Dividend ETF+9.22%+1.30%+9.51%+22.34%+18.91%+51.36%

Dividends

Latest payout, trailing 12-month total and the last 12 distributions.

ETFLatest payoutvs. priorTrailing 12MRecent payouts
SDYState Street SPDR S&P Dividend ETF$0.9168Sep 21, 2026-5.29%$3.77654 payoutsDec 15, 2023: $0.9782Mar 15, 2024: $0.7079Jun 21, 2024: $0.8589Sep 20, 2024: $0.7852Dec 20, 2024: $1.0303Mar 24, 2025: $0.8184Jun 23, 2025: $0.9274Sep 22, 2025: $0.8709Dec 22, 2025: $1.0174Mar 23, 2026: $0.8743Jun 22, 2026: $0.968Sep 21, 2026: $0.9168
SPYDState Street SPDR Portfolio S&P 500 High Dividend ETF$0.5178Sep 21, 2026-4.62%$2.064 payoutsDec 15, 2023: $0.534Mar 15, 2024: $0.3729Jun 21, 2024: $0.4869Sep 20, 2024: $0.4571Dec 20, 2024: $0.5468Mar 24, 2025: $0.4189Jun 23, 2025: $0.50Sep 22, 2025: $0.4888Dec 22, 2025: $0.5493Mar 23, 2026: $0.45Jun 22, 2026: $0.5428Sep 21, 2026: $0.5178

Downside and distribution variability

Income and ending returns do not describe the whole investment experience.

Across 1,265 shared trading dates from October 26, 2021 to November 9, 2026, the largest observed peak-to-trough decline with dividends reinvested was -15.21% for SDY and -22.20% for SPYD. These figures use the same available dates for both instruments, exclude intraday moves, and are not forecasts.

SDY's recorded distributions over the 12 months ending November 9, 2026 ranged from $0.8743 to $1.02 per share across 4 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.

SPYD's recorded distributions over the 12 months ending November 9, 2026 ranged from $0.450 to $0.5493 per share across 4 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.

Fund expense ratios are annual operating costs, not a bill added to the historical returns shown here. Trading spreads, brokerage costs and personal taxes can reduce an investor's realized return.

Recent distributions

The latest 12 distributions per share, newest first. Dates are reported ex-dividend dates, not cash payment dates.

SDYSPYD
Sep 21, 2026$0.9168Sep 21, 2026$0.5178
Jun 22, 2026$0.968Jun 22, 2026$0.5428
Mar 23, 2026$0.8743Mar 23, 2026$0.450
Dec 22, 2025$1.02Dec 22, 2025$0.5493
Sep 22, 2025$0.8709Sep 22, 2025$0.4888
Jun 23, 2025$0.9274Jun 23, 2025$0.500
Mar 24, 2025$0.8184Mar 24, 2025$0.4189
Dec 20, 2024$1.03Dec 20, 2024$0.5468
Sep 20, 2024$0.7852Sep 20, 2024$0.4571
Jun 21, 2024$0.8589Jun 21, 2024$0.4869
Mar 15, 2024$0.7079Mar 15, 2024$0.3729
Dec 15, 2023$0.9782Dec 15, 2023$0.534

SDY vs SPYD: common questions

Which pays a higher dividend, SDY or SPYD?

As of November 9, 2026, SDY yields 2.31% (trailing 12-month) and SPYD yields 4.12% (trailing 12-month), so SPYD currently pays the higher yield. A higher yield does not guarantee a higher total return.

Which has performed better, SDY or SPYD?

Over the past year with dividends reinvested, SDY returned +22.28% and SPYD returned +22.34%. Over five years, SDY returned +47.98% and SPYD returned +51.36%. Past performance does not predict future results.

What would $10,000 in SDY vs SPYD be worth after one year?

With dividends reinvested, $10,000 invested one year before November 9, 2026 would have grown to about $12,228 in SDY and $12,234 in SPYD.

How often do SDY and SPYD pay dividends?

SDY pays quarterly (4 payments in the last 12 months) and SPYD pays quarterly (4 payments).

Is SDY or SPYD the better investment?

It depends on your goals, time horizon and tax situation. Income-focused investors often weigh yield and payment frequency, while long-term investors usually compare total return and fees. Dividend Duel is an educational tool and does not provide investment advice.

Research SDY and SPYD beyond the yield

Compare payment history with total return and fees. Check whether a larger current yield comes with different drawdowns or less consistent distributions; a dividend-growth label does not promise future increases.

Review State Street SPDR S&P Dividend ETF (SDY) payment history and State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) payment history before choosing assumptions for the dividend reinvestment calculator. Run each scenario separately; the calculator uses your rates rather than importing these historical returns.

For a cash target, use the income goal calculator. Read our guide to comparing dividend ETFs and data and editorial approach for context on the historical figures.

Related comparisons

More side-by-side comparisons with SDY and SPYD.

Published by Delta Dividends LLC. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.