AAM S&P 500 High Dividend Value ETF
$39.71+0.45 (+1.15%)
- 0.29%
- $101M
- +22.2%
- 3.38%
- 0M sh
- $39.14
- low $33.10high $42.24
The ETF.net SPDV Grade
B
Score 61 out of 100
- 21 of 53
Score 61 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A71 out of 100Rank 15 of 53Mission
Whether the fund did what it promised, tested against its stated mandate.A88 out of 100Rank 13 of 50Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C49 out of 100Rank 28 of 53Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F17 out of 100Rank 48 of 53Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B60 out of 100Rank 23 of 53Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D35 out of 100Rank 41 of 53
Our read on SPDV
BMost high-dividend screens end up a pile of utilities and financials. SPDV takes the five best dividend-plus-free-cash-flow names in every S&P 500 sector, equal-weights them, and pays out monthly.
The Fund passively tracks the S&P 500 Dividend and Free Cash Flow Yield Index. Its rules-based, equal-weighted approach targets S&P 500 constituents with high dividend yields and sustainable dividend distributions while maintaining diversified sector exposure.
Why people hold it
- Yield alone can flag a payout about to be cut. This index ranks S&P 500 names on dividend yield times free-cash-flow yield, so the dividend has to be backed by cash the business actually generates.sec.gov
- Top five scorers per GICS sector, equal-weighted, reset each January and July. No single sector or mega-cap gets to run the portfolio.sec.gov
- 0.29% a year, below the median fee among dividend-screen funds, and distributions land monthly rather than quarterly.
- No manager discretion to drift: a rules-based portfolio of roughly 50 stocks that has hewed closely to its stated index.
Worth knowing
- A smaller, thinly traded fund. Limit orders matter more here than with the category's household names.
- The index giants in this corner (SCHD, SPYD, VIG) charge under a tenth of a percent, so SPDV's fee buys the sector-balanced cash-flow screen, not the cheapest beta.
- Sector balance cuts both ways: when one high-yield corner is hot, SPDV still holds only five names in it, and the semi-annual reset can churn holdings.sec.gov
SPDV Holdings
- Stocks
- 54
- 23%
- ACN
Sectors
- Technology19.3%
- Consumer Discretionary14.6%
- Health Care9.4%
- Energy9.4%
- Communication9.1%
- Real Estate8.6%
- Utilities8.2%
- Financials7.4%
- Consumer Staples7.0%
- Materials3.5%
- Industrials3.4%
Geography
- United States91.87%
- Ireland4.52%
- Switzerland1.81%
- United Kingdom1.81%
SPDV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
SPDV$12,224
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SPDV |
|---|---|
| Year to date | +16.3% |
| 1 month | −4.3% |
| 3 months | +1.0% |
| 1 year | +22.2% |
| 3 years | +17.9% |
| 5 years | +9.6% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SPDV |
|---|---|---|
| 2026 YTD | +16.3% | |
| 2025 | +10.9% | |
| 2024 | +14.4% | |
| 2023 | +5.4% | |
| 2022 | −2.3% | |
| 2021 | +29.5% | |
| 2020 | −6.1% |
SPDV in the news
Best ETFs
Schwab's dividend ETF returned 22.8% in a year. Its income rate still trails a one-month bill.
First-Year Review
Liberty One's Spectrum ETF returned 6.4%, 8.9 percentage points behind an S&P 500 fund
Category Review
The payout and the result came apart in option-income funds
First-Year Review
EASY's first year trailed the defensive index it names
SPDV Dividends
- 3.38%
- $1.33
- $0.12 per share
- Monthly
Distribution history
SPDV Risk
- 14.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.86
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −21.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.76
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SPDV Cost
0.29%
SPDV0.29%
- The middle half of US Dividend Index funds
- Median 0.38%
16 of the 52 US Dividend Index funds charge less.
Other funds in US Dividend Index
- BEQINColumbia U.S. Equity Income ETFExpense ratio 0.35%1 year return +18.9%
- BFDRRFidelity Dividend ETF for Rising RatesExpense ratio 0.15%1 year return +24.1%
- BCDLVictoryShares US Large Cap High Div Volatility Wtd ETFExpense ratio 0.39%1 year return +16.2%
- BDESWisdomTree U.S. SmallCap Dividend FundExpense ratio 0.38%1 year return +21.4%
- BQDIVGlobal X - S&P 500 Quality Dividend ETFExpense ratio 0.20%1 year return +19.3%