DIV vs SPYD: Grades, Fees and Holdings Compared

Global X SuperDividend U.S. ETF

DIVCNYSE Arca

State Street SPDR Portfolio S&P 500 High Dividend ETF

SPYDANYSE Arca

Overlap

10.3%by weight

Expense ratio

SPYD −0.38pt a year

DIV0.45%SPYD0.07%

Avg volume · 30D

SPYD 4.9×the volume

DIV203KSPYD1M

10Y return · a year

SPYD +4.2pt

DIV+4.7%SPYD+8.9%

DIV vs SPYD Performance

Oct 29, 2021 – Oct 30, 2026

+33.9%DIV+52.1%SPYD

Expense ratio: DIV 0.45%; SPYD 0.07%, better
Fund size: DIV $777M; SPYD $7.61B
1Y total return: DIV +21.3%, better; SPYD +20.6%
Yield (12M): DIV 6.51%, better; SPYD 4.20%
Holdings: DIV 51; SPYD 81
Avg volume (30D): DIV 203K sh; SPYD 1M sh, better
NAV per share: DIV $19.43; SPYD $48.88
52W range

ETF.net Grade

Pillar letters and Scores for DIV, SPYD, with each pillar’s weight
Pillar	DIV	SPYD
Cost30% weight	D26	A88Higher
Mission25% weight	B64	A88Higher
Risk15% weight	B64Higher	C40
Tradability15% weight	C41	A92Higher
Holdings10% weight	C50	A73Higher
Durability5% weight	B55	A83Higher

Rank among US Dividend Index funds

How we build Categories ›

Same Category. DIV and SPYD are both graded against the same 52 US Dividend Index funds, so their Grades compare head to head.

US Dividend Index⁠

Category · 52 funds

See all 52 ›

SPYD ranks 4th and DIV 42nd of 52 funds in the US Dividend Index Category.

Rank 1ADGROiShares Core Dividend Growth ETFScore 86
Rank 2ASCHDSchwab U.S. Dividend Equity ETFScore 81
Rank 3ADIVBiShares Core Dividend ETFScore 80
Rank 4ASPYDState Street SPDR Portfolio S&P 500 High Dividend ETFScore 79
Rank 5AVIGVanguard Dividend Appreciation ETFScore 78
Rank 40CTPHDTimothy Plan High Dividend Stock ETFScore 48
Rank 42CDIVGlobal X SuperDividend U.S. ETFScore 47
Rank 43CDURAVanEck Durable High Dividend ETFScore 43

Our read on each fund

ETF.net Research

DIVCGlobal X SuperDividend U.S. ETF

SPYDAState Street SPDR Portfolio S&P 500 High Dividend ETF

In short

DIV Most big dividend funds chase payout growth. DIV goes the other way: a roughly 50-stock U.S. portfolio built on a SuperDividend index with a low-volatility filter, and it cuts a check every month.

SPYD Most dividend ETFs hunt for companies that keep raising payouts. SPYD skips the courtship and goes straight for the yield: roughly 80 high-dividend names out of the S&P 500, for 0.07% a year.

Stated mandate

DIV The fund seeks to track the price and yield performance of the Indxx SuperDividend® U.S. Low Volatility Index before fees and expenses.

SPYD The fund seeks to provide returns that generally correspond to the total return of the S&P 500 High Dividend Index before fees and expenses.

Why people hold it

DIV The mandate is specific, not vague income marketing: track the Indxx SuperDividend U.S. Low Volatility Index, so the dividend screen runs through a volatility filter.
Pays monthly rather than quarterly, which lines up with how bills actually arrive.
About 50 holdings, all U.S. listed. Small enough that you can read the whole basket instead of trusting a 400-name sleeve.
Live since 2013, so it carries a decade-plus of real results across multiple rate regimes, not a backtest.

SPYD 0.07% a year against a 0.39% median across dividend-screen peers. It undercuts DGRO's 0.08% and sits a hair above SCHD.
A pure yield screen, not a growth screen. Where VIG and DGRO buy payout raisers, SPYD takes the high-dividend end of the S&P 500. Different flavor of the same food group.
Running since 2015, now a multi-billion-dollar fund and one of the more actively traded names in its cohort, so getting in and out is rarely the hard part.
Pays quarterly and has tracked the S&P 500 High Dividend Index closely, which is the whole job for a fund like this.

Worth knowing

DIV At 0.45% a year it costs more than the typical dividend-screen fund, and many times what index staples like SCHD (0.06%) and VIG (0.04%) charge.
Low volatility is a selection screen, not a shield. This is an equity fund and it moves with the stock market.
Against the broader dividend-screen field it sits in the lower half, where cheaper, broader rivals do the core income job for less.

SPYD About 80 stocks is a narrow slice. Screening on yield pulls the sector mix away from the broad S&P 500, and the ride can be bumpier than the index it comes from.
A high yield is a ranking, not a promise. The index sorts on payout size, not on how reliably a company has grown or defended that payout.

Full DIV profile⁠

Full SPYD profile⁠

DIV vs SPYD Holdings

As of Oct 13, 2026

How DIV and SPYD differ

Overlap by weight

10.3%

Shared holdings make up 14.7% of DIV and 10.3% of SPYD.

Level by level

Holdings8 in both10.3%
Sector11 Sectors74.8%
Countryby domicile93.7%
Asset classEquity100%

Sector

Sector weights in DIV and SPYD, widest gap first
Sector	More in DIVMore in SPYD	DIV	SPYD
Energy	DIV +16.3 points	22.1%	5.8%
Financials	SPYD +9.8 points	3.5%	13.3%
Industrials	DIV +7.5 points	12.7%	5.2%
Consumer Staples	SPYD +5.5 points	8.5%	14.0%
Real Estate	SPYD +4.8 points	19.6%	24.4%
Technology	SPYD +4.0 points	0.0%	4.0%
Communication	DIV +1.3 points	6.4%	5.1%
Materials	SPYD +0.7 points	6.8%	7.5%
Utilities	SPYD +0.1 points	10.8%	10.9%
Health Care	SPYD +0.1 points	4.3%	4.4%
Consumer Discretionary	Same weight	5.4%	5.4%

Country, concentration and asset class

Country by domicile

Country weights in DIV and SPYD, widest gap first
Country	More in DIVMore in SPYD	DIV	SPYD
Greece	DIV +6.1 points	6.1%	0.0%
United States	SPYD +5.1 points	92.3%	97.4%
Ireland	SPYD +1.2 points	0.0%	1.2%
United Kingdom	DIV +0.2 points	1.6%	1.4%

Concentration

Weight in the 10 largest Holdings

DIV25.9%
SPYD16.2%

Securities held

DIV51
SPYD79

Asset class

DIV: Equity
SPYD: Equity

Holdings

Only in DIV43
In both8
Only in SPYD71

Only in DIV

43 securities, 85.3% of DIV by weight

Tsakos Energy Navigation Ltd3.89%
Cbl & Associates Properties2.69%
Sfl Corp Ltd2.66%
Millicom Intl Cellular S.a.2.47%
Plains All Amer Pipeline Lp2.45%
Suncoke Energy Inc2.43%
Cvr Partners Lp2.39%
Global Ship Lease Inc-Cl A2.37%
Flex Lng Ltd2.33%
Ltc Properties Inc2.21%
Ennis Inc2.21%
Northwestern Energy Group2.20%
Perrigo Co PLC2.19%
Vail Resorts Inc2.18%
Tfs Financial Corp2.15%
Alexander's Inc2.15%
Delek Logistics Partners Lp2.12%
Western Midstream Partners L2.11%
Global Partners Lp2.10%
Westlake Chemical Partners L2.03%
Mplx Lp2.02%
Usa Compression Partners Lp2.02%
Northwest Natural Holding Co1.97%
Easterly Government Properti1.94%
Omega Healthcare Investors1.92%
Copa Holdings Sa-Class A1.89%
Energizer Holdings Inc1.89%
Ardagh Metal Packaging SA1.82%
Hess Midstream Lp - Class A1.79%
Universal Health Rlty Income1.76%
Suburban Propane Partners Lp1.72%
Avista Corp1.72%
Gaming and Leisure Propertie1.66%
Vitesse Energy Inc1.64%
Jbs Nv-A1.62%
Universal Corp/Va1.61%
Armour Residential Reit Inc1.60%
Clearway Energy Inc-C1.54%
Innovative Industrial Proper1.48%
Natl Health Investors Inc1.47%
Western Union Co1.32%
The Campbell's Company1.31%
Other Payable & Receivables0.24%

Only in SPYD

71 securities, 89.4% of SPYD by weight

Accenture PLC Class A2.27%
Hasbro Inc1.73%
Hp Inc1.63%
Chevron Corp1.54%
Medtronic PLC1.53%
Stanley Black & Decker Inc1.49%
Best Buy Co Inc1.48%
Crown Castle Inc1.48%
Eog Resources Inc1.45%
American Tower Corp1.44%
Target Corp1.42%
Dow Inc1.38%
Jm Smucker Co/The1.38%
Ares Management Corp A1.37%
Host Hotels & Resorts Inc1.35%
Lyondellbasell Indu Class A1.35%
Kinder Morgan Inc1.35%
Oneok Inc1.34%
Extra Space Storage Inc1.33%
Kenvue Inc1.32%
Omnicom Group1.31%
Public Storage1.31%
Kimberly Clark Corp1.30%
Bristol Myers Squibb Co1.30%
Pinnacle West Capital1.29%
Aes Corp1.29%
Franklin Templeton Inc1.29%
Paychex Inc1.27%
Evergy Inc1.27%
Pepsico Inc1.27%
Duke Energy Corp1.27%
Prudential Financial Inc1.27%
Exelon Corp1.27%
Blackstone Inc1.26%
Smurfit Westrock PLC1.23%
Simon Property Group Inc1.23%
Honeywell International Inc1.23%
Truist Financial Corp1.23%
Firstenergy Corp1.22%
Comcast Corp Class A1.22%
International Paper Co1.21%
Us Bancorp1.21%
Regions Financial Corp1.20%
Bxp Inc1.20%
Kimco Realty Corp1.20%
Keycorp1.20%
Clorox Company1.19%
Vici Properties Inc1.19%
T Rowe Price Group Inc1.18%
Fidelity National Info Serv1.18%

Weight gaps

All 8 Holdings in both funds, largest gap first.

Holding weights in DIV and SPYD, widest gap first
Holding	More in DIVMore in SPYD	DIV	SPYD
Altria Group IncMO	DIV +0.82 points	2.19%	1.37%
Dominion Energy IncD	DIV +0.77 points	1.95%	1.18%
Kraft Heinz Co/TheKHC	DIV +0.76 points	1.94%	1.18%
Pfizer IncPFE	DIV +0.58 points	2.13%	1.55%
Verizon Communications IncVZ	DIV +0.52 points	1.79%	1.27%
United Parcel Service-Cl BUPS	DIV +0.50 points	1.69%	1.19%
AT&T IncT	DIV +0.44 points	1.61%	1.17%
Amcor PLCAMCR	DIV +0.01 points	1.41%	1.40%

All 50 DIV holdings⁠All 78 SPYD holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DIV vs SPYD Cost

Overpaying DIV vs SPYD

$7,561

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

DIV 0.45%
$9,041
SPYD 0.07%
$1,480

Amount$10,000

Years30 years

Cost over time

DIV 0.45%
SPYD 0.07%
Overpaying

Year by year

Year	DIV	SPYD	Overpaying
10	$812	$128	$684
20	$3,128	$503	$2,625
30	$9,041	$1,480	$7,561

Expense ratio

0.45%DIV
0.07%SPYD, cheaper

SPYD0.07%DIV0.45%

0.04%0.70%

Middle half of US Dividend Index funds
Median 0.35%

SPYD 6th cheapest of 52 funds

DIV 39th cheapest of 52 funds

DIV vs SPYD Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DIV 6.51%, better; SPYD 4.20%
Payout (12M): DIV $1.26; SPYD $2.06
Last payment: DIV $0.11; SPYD $0.52
Ex-dividend: DIV Oct 5, 2026; SPYD Sep 21, 2026
Paid on: DIV Oct 8, 2026; SPYD Sep 23, 2026
Frequency: DIV Monthly; SPYD Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

DIVMonthly · 45 paymentsAll DIV payments⁠

SPYDQuarterly · 15 paymentsAll SPYD payments⁠

DIV vs SPYD Risk

Fall from peak · 5 years

DIV
SPYD

Risk facts

VolatilityStd dev, 3 years: DIV 11.6%, betterSPYD 14.5%
Return per unit of riskSharpe ratio, 3 years: DIV 0.87SPYD 0.96, better
Worst fallMax drawdown, 5 years: DIV −21.1%, betterSPYD −22.2%
Market sensitivityBeta, 5 years: DIV 0.49SPYD 0.64; Market = 1

DIV and SPYD in the news

All news⁠

Best ETFs
For a rising dividend, iShares Core Dividend Growth ETF ranks first
Updated Nov 2, 2026SPYD
Best ETFs
Schwab's dividend ETF returned 22.8% in a year. Its income rate still trails a one-month bill.
Updated Oct 2, 2026SPYD

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DIV vs SPYD

In short

Stated mandate

Why people hold it

Worth knowing

How DIV and SPYD differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DIV

Only in SPYD

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

For a rising dividend, iShares Core Dividend Growth ETF ranks first

Schwab's dividend ETF returned 22.8% in a year. Its income rate still trails a one-month bill.

How DIV and SPYD differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DIV

Only in SPYD

Weight gaps