SPHD vs SPYD: Dividend Yield, Total Return & Fees Compared
Invesco S&P 500 High Dividend Low Volatility ETFState Street SPDR Portfolio S&P 500 High Dividend ETF
Data as of the close · refreshed automatically every trading day
SPHD vs SPYD at a glance
Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) and State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) are compared below using data through the September 25, 2026 close, refreshed after every trading day.
Over the past year, SPYD returned +11.53% with dividends reinvested, compared with +5.85% for SPHD. SPHD currently yields 5.04% (trailing 12-month) against 4.46% for SPYD. Across five years the total-return gap is +46.43% for SPYD vs +40.40% for SPHD.
The higher-yielding fund (SPHD) has trailed on 1-year total return. Yield only measures the income a fund pays; total return also counts the change in share price, so it is the fuller basis for comparing the two.
| Metric | SPHD | SPYD |
|---|---|---|
| Last close | $48.95 | $46.19 |
| Dividend yield | 5.04% (TTM) | 4.46% (TTM) |
| Expense ratio | — | — |
| Pays | monthly | quarterly |
| Dividends, last 12 months | $2.47 (12 payments) | $2.06 (4 payments) |
| Issuer | Invesco | State Street |
| Inception | — | — |
Performance: SPHD vs SPYD
Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.
Total Return (%) · dividends reinvested · Sep 25, 2025 – Sep 25, 2026
Overview
Key fund stats as of the latest close.
Total returns
Price change plus dividends paid, by holding period. Best in each period is outlined.
Dividends
Latest payout, trailing 12-month total and the last 12 distributions.
Recent dividend payments
The latest 12 distributions per share for each fund, newest first.
| SPHD | SPYD | ||
|---|---|---|---|
| Sep 21, 2026 | $0.202 | Sep 21, 2026 | $0.518 |
| Aug 24, 2026 | $0.220 | Jun 22, 2026 | $0.543 |
| Jul 20, 2026 | $0.215 | Mar 23, 2026 | $0.450 |
| Jun 22, 2026 | $0.211 | Dec 22, 2025 | $0.549 |
| May 18, 2026 | $0.209 | Sep 22, 2025 | $0.489 |
| Apr 20, 2026 | $0.208 | Jun 23, 2025 | $0.500 |
| Mar 23, 2026 | $0.207 | Mar 24, 2025 | $0.419 |
| Feb 23, 2026 | $0.209 | Dec 20, 2024 | $0.547 |
| Jan 20, 2026 | $0.203 | Sep 20, 2024 | $0.457 |
| Dec 22, 2025 | $0.206 | Jun 21, 2024 | $0.487 |
| Nov 24, 2025 | $0.195 | Mar 15, 2024 | $0.373 |
| Oct 20, 2025 | $0.183 | Dec 15, 2023 | $0.534 |
SPHD vs SPYD: common questions
Which pays a higher dividend, SPHD or SPYD?
As of September 25, 2026, SPHD yields 5.04% (trailing 12-month) and SPYD yields 4.46% (trailing 12-month), so SPHD currently pays the higher yield. A higher yield does not guarantee a higher total return.
Which has performed better, SPHD or SPYD?
Over the past year with dividends reinvested, SPHD returned +5.85% and SPYD returned +11.53%. Over five years, SPHD returned +40.40% and SPYD returned +46.43%. Past performance does not predict future results.
What would $10,000 in SPHD vs SPYD be worth after one year?
With dividends reinvested, $10,000 invested one year before September 25, 2026 would have grown to about $10,585 in SPHD and $11,153 in SPYD.
How often do SPHD and SPYD pay dividends?
SPHD pays monthly (12 payments in the last 12 months) and SPYD pays quarterly (4 payments).
Is SPHD 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.
Related comparisons
More side-by-side comparisons with SPHD and SPYD.
Figures come from end-of-day prices and distributions and are recalculated after every trading session; see our methodology. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.