EQIN vs SPYD

EQINBColumbia U.S. Equity Income ETF

SPYDAState Street SPDR Portfolio S&P 500 High Dividend ETF

In short

EQIN A compact take on U.S. dividend payers: roughly 100 names chasing income plus capital appreciation, not raw yield. Priced under the typical dividend screener, though the category's giants cost less still.

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

EQIN The Fund seeks total return through current income and capital appreciation.

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

• EQIN At 0.35% a year, it undercuts the typical U.S. dividend screener, where the median sits at 0.39%.
• About 100 holdings, so each name carries real weight instead of being diluted across a sprawling index. Income is paid out quarterly.
• The portfolio stays close to its stated job: total return from current income and capital appreciation in U.S. dividend-paying stocks. No style drift dressed up as income.
• Trading since 2016 and standing in the upper half of a crowded field of roughly 50 U.S. dividend-screen ETFs.

• 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

• EQIN Thinly traded next to the category's heavyweights, so bid/ask spreads can be wider, especially on big or hurried orders.
• It beats the median on cost, not the leaders: VIG runs 0.04% and SCHD 0.06%. That gap compounds.
• Assets sit in the mid-size range rather than category-giant territory, which usually travels with lighter trading volume.

• 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 EQIN profile⁠

Full SPYD profile⁠