SPYD vs FDVV: Dividend Yield, Total Return & Fees Compared
State Street SPDR Portfolio S&P 500 High Dividend ETFFidelity High Dividend ETF
Data as of the close · refreshed automatically every trading day
Performance: SPYD vs FDVV
Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.
Total Return (%) · dividends reinvested · Nov 7, 2025 – Nov 9, 2026
DividendDuel.comSPYD vs FDVV at a glance
This page compares State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) with Fidelity High Dividend ETF (FDVV) 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 +15.86% for FDVV. SPYD currently yields 4.12% (trailing 12-month) against 2.74% for FDVV. Across five years the total-return gap is +86.03% for FDVV vs +51.36% for SPYD.
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.
| Metric | SPYD | FDVV |
|---|---|---|
| Last close | $50.00 | $62.63 |
| Dividend yield | 4.12% (TTM) | 2.74% (TTM) |
| Expense ratio | — | — |
| Pays | quarterly | quarterly |
| Dividends, last 12 months | $2.06 (4 payments) | $1.71 (4 payments) |
| Issuer | State Street | Fidelity Investments |
| Inception | — | — |
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.
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 -22.20% for SPYD and -20.17% for FDVV. These figures use the same available dates for both instruments, exclude intraday moves, and are not forecasts.
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.
FDVV's recorded distributions over the 12 months ending November 9, 2026 ranged from $0.362 to $0.519 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.
| SPYD | FDVV | ||
|---|---|---|---|
| Sep 21, 2026 | $0.5178 | Sep 18, 2026 | $0.362 |
| Jun 22, 2026 | $0.5428 | Jun 18, 2026 | $0.519 |
| Mar 23, 2026 | $0.450 | Mar 20, 2026 | $0.440 |
| Dec 22, 2025 | $0.5493 | Dec 19, 2025 | $0.393 |
| Sep 22, 2025 | $0.4888 | Sep 19, 2025 | $0.377 |
| Jun 23, 2025 | $0.500 | Jun 20, 2025 | $0.447 |
| Mar 24, 2025 | $0.4189 | Mar 21, 2025 | $0.419 |
| Dec 20, 2024 | $0.5468 | Dec 20, 2024 | $0.479 |
| Sep 20, 2024 | $0.4571 | Sep 20, 2024 | $0.300 |
| Jun 21, 2024 | $0.4869 | Jun 21, 2024 | $0.319 |
| Mar 15, 2024 | $0.3729 | Mar 15, 2024 | $0.372 |
| Dec 15, 2023 | $0.534 | Dec 15, 2023 | $0.420 |
SPYD vs FDVV: common questions
Which pays a higher dividend, SPYD or FDVV?
As of November 9, 2026, SPYD yields 4.12% (trailing 12-month) and FDVV yields 2.74% (trailing 12-month), so SPYD currently pays the higher yield. A higher yield does not guarantee a higher total return.
Which has performed better, SPYD or FDVV?
Over the past year with dividends reinvested, SPYD returned +22.34% and FDVV returned +15.86%. Over five years, SPYD returned +51.36% and FDVV returned +86.03%. Past performance does not predict future results.
What would $10,000 in SPYD vs FDVV be worth after one year?
With dividends reinvested, $10,000 invested one year before November 9, 2026 would have grown to about $12,234 in SPYD and $11,586 in FDVV.
How often do SPYD and FDVV pay dividends?
SPYD pays quarterly (4 payments in the last 12 months) and FDVV pays quarterly (4 payments).
Is SPYD or FDVV 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 SPYD and FDVV 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 Portfolio S&P 500 High Dividend ETF (SPYD) payment history and Fidelity High Dividend ETF (FDVV) 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 SPYD and FDVV.
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.