RDIV vs SPYD: Grades, Fees and Holdings Compared

Invesco S&P Ultra Dividend Revenue ETF

RDIVCNYSE Arca

State Street SPDR Portfolio S&P 500 High Dividend ETF

SPYDANYSE Arca

Overlap

35.6%by weight

Expense ratio

SPYD −0.32pt a year

RDIV0.39%SPYD0.07%

Avg volume · 30D

SPYD 17.7×the volume

RDIV58.6KSPYD1.04M

10Y return · a year

RDIV +2.5pt

RDIV+11.5%SPYD+9.0%

RDIV vs SPYD Performance

Nov 9, 2021 – Nov 9, 2026

+87.7%RDIV+51.4%SPYD

Expense ratio: RDIV 0.39%; SPYD 0.07%, better
Fund size: RDIV $1.51B; SPYD $7.7B
1Y total return: RDIV +23.7%, better; SPYD +22.3%
Yield (12M): RDIV 3.41%; SPYD 4.12%, better
Holdings: RDIV 62; SPYD 78
Avg volume (30D): RDIV 58.6K sh; SPYD 1.04M sh, better
NAV per share: RDIV $61.65; SPYD $49.39
52W range

ETF.net Grade

Pillar letters and Scores for RDIV, SPYD, with each pillar’s weight
Pillar	RDIV	SPYD
Cost30% weight	D36	A88Higher
Mission25% weight	A78	A88Higher
Risk15% weight	C41	C46Higher
Tradability15% weight	B65	A91Higher
Holdings10% weight	D26	A73Higher
Durability5% weight	A70	A83Higher

Rank among US Dividend Index funds

How we build Categories ›

Same Category. RDIV 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 3rd and RDIV 32nd 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 3ASPYDState Street SPDR Portfolio S&P 500 High Dividend ETFScore 80
Rank 4ADIVBiShares Core Dividend ETFScore 79
Rank 32CQDEFNorthern Trust Quality Dividend Defensive ETFScore 52
Rank 32CRDIVInvesco S&P Ultra Dividend Revenue ETFScore 52
Rank 34CRDVYFirst Trust Rising Dividend Achievers ETFScore 51

Our read on each fund

ETF.net Research

RDIVCInvesco S&P Ultra Dividend Revenue ETF

SPYDAState Street SPDR Portfolio S&P 500 High Dividend ETF

In short

RDIV No data

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

RDIV No data

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

RDIV No data

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

RDIV No data

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 RDIV profile⁠

Full SPYD profile⁠

RDIV vs SPYD Holdings

How RDIV and SPYD differ

Overlap by weight

35.6%

Shared holdings make up 83.5% of RDIV and 44.7% of SPYD.

Level by level

Holdings35 in both35.6%
Sector11 Sectors72.8%
Countryby domicile97.3%
Asset classStocks100%

Sector

Sector weights in RDIV and SPYD, widest gap first
Sector	Gap	RDIV	SPYD
Real Estate	SPYD +13.8 points	11.3%	25.1%
Communication	RDIV +11.5 points	16.8%	5.3%
Consumer Discretionary	RDIV +10.1 points	15.6%	5.5%
Energy	RDIV +4.9 points	10.0%	5.1%
Materials	SPYD +4.4 points	3.2%	7.6%
Utilities	SPYD +2.8 points	8.3%	11.1%
Industrials	SPYD +2.5 points	3.0%	5.5%
Financials	SPYD +2.1 points	11.2%	13.3%
Consumer Staples	SPYD +1.7 points	11.5%	13.2%
Technology	RDIV +0.5 points	4.4%	3.9%
Health Care	RDIV +0.4 points	4.9%	4.5%

Country, concentration and asset class

Country by domicile

Country weights in RDIV and SPYD, widest gap first
Country	Gap	RDIV	SPYD
United States	RDIV +2.7 points	100.0%	97.3%
United Kingdom	SPYD +1.4 points	0.0%	1.4%
Ireland	SPYD +1.3 points	0.0%	1.3%

Concentration

Weight in the 10 largest Holdings

RDIV47.2%
SPYD16.3%

Securities held

RDIV61
SPYD77

Asset class

RDIV: Stocks
SPYD: Stocks

Holdings

Only in RDIV26
In both35
Only in SPYD42

Only in RDIV

26 securities, 16.4% of RDIV by weight

Graphic Packaging Holding Co1.89%
Sirius XM Holdings Inc1.70%
Polaris Inc1.43%
Bath & Body Works Inc1.24%
Sonoco Products Co1.21%
UGI Corp1.15%
Nexstar Media Group Inc1.11%
Chord Energy Corp0.89%
H&R Block Inc0.71%
Scotts Miracle-Gro Co/The0.64%
Portland General Electric Co0.61%
Vivmark Residential0.54%
Spire Inc0.44%
Columbia Banking System Inc0.43%
Black Hills Corp0.41%
Lamar Advertising Co0.38%
American Homes 4 Rent0.33%
Brixmor Property Group Inc0.25%
Antero Midstream Corp0.20%
Rexford Industrial Realty Inc0.17%
STAG Industrial Inc0.14%
Kite Realty Group Trust0.14%
Agree Realty Corp0.14%
COPT Defense Properties0.13%
Independence Realty Trust Inc0.11%
Invesco Government & Agency Portfolio0.01%

Only in SPYD

42 securities, 55.0% of SPYD by weight

Accenture PLC Class A2.40%
Hasbro Inc1.73%
Medtronic PLC1.61%
Pfizer Inc1.53%
Target Corp1.48%
Best Buy Co Inc1.48%
Crown Castle Inc1.48%
Ares Management Corp A1.45%
Paychex Inc1.37%
Altria Group Inc1.36%
Clorox Company1.35%
Franklin Templeton Inc1.35%
Amcor PLC1.34%
Verizon Communications Inc1.33%
Eog Resources Inc1.32%
Evergy Inc1.31%
Dow Inc1.30%
Aes Corp1.29%
Duke Energy Corp1.29%
Smurfit Westrock PLC1.28%
Pinnacle West Capital1.26%
Exelon Corp1.26%
Lyondellbasell Indu Class A1.26%
Blackstone Inc1.25%
General Mills Inc1.24%
Vivmark Residential1.24%
Kraft Heinz Co/The1.23%
Honeywell International Inc1.22%
Firstenergy Corp1.22%
United Parcel Service Class B1.21%
Vici Properties Inc1.20%
Mccormick & Co Non Vtg Shrs1.20%
Kinder Morgan Inc1.19%
Us Bancorp1.19%
Regions Financial Corp1.18%
Nike Inc Class B1.18%
Healthpeak Properties Inc1.18%
Realty Income Corp1.17%
Alexandria Real Estate Equit1.16%
Huntington Bancshares Inc1.09%
Edison International0.95%
Fidelity National Info Serv0.91%

Weight gaps

All 35 Holdings in both funds, largest gap first.

Holding weights in RDIV and SPYD, widest gap first
Holding	Gap	RDIV	SPYD
Comcast CorpCMCSA	RDIV +3.95 points	5.29%	1.34%
Ford Motor CoF	RDIV +3.89 points	5.00%	1.11%
Prudential Financial IncPRU	RDIV +3.67 points	4.97%	1.30%
PepsiCo IncPEP	RDIV +3.67 points	5.02%	1.35%
Bristol-Myers Squibb CoBMY	RDIV +3.55 points	4.87%	1.32%
AT&T IncT	RDIV +3.51 points	4.72%	1.21%
ONEOK IncOKE	RDIV +3.18 points	4.38%	1.20%
Chevron CorpCVX	RDIV +3.07 points	4.49%	1.42%
International Paper CoIP	RDIV +2.91 points	4.08%	1.17%
HP IncHPQ	RDIV +2.89 points	4.35%	1.46%
Omnicom Group IncOMC	RDIV +2.53 points	3.94%	1.41%
Dominion Energy IncD	RDIV +2.02 points	3.27%	1.25%
Truist Financial CorpTFC	RDIV +2.00 points	3.23%	1.23%
Kimberly-Clark CorpKMB	RDIV +1.48 points	2.77%	1.29%
Stanley Black & Decker IncSWK	RDIV +1.35 points	3.01%	1.66%
Mosaic Co/TheMOS	RDIV +1.27 points	2.54%	1.27%
Eversource EnergyES	RDIV +1.23 points	2.44%	1.21%
Hormel Foods CorpHRL	RDIV +1.02 points	2.14%	1.12%
Federal Realty Investment TrustFRT	SPYD +0.93 points	0.23%	1.16%
UDR IncUDR	SPYD +0.89 points	0.30%	1.19%
Regency Centers CorpREG	SPYD +0.88 points	0.29%	1.17%
Camden Property TrustCPT	SPYD +0.88 points	0.26%	1.14%
Essex Property Trust IncESS	SPYD +0.88 points	0.32%	1.20%
Kimco Realty CorpKIM	SPYD +0.86 points	0.40%	1.26%
Mid-America Apartment Communities IncMAA	SPYD +0.80 points	0.37%	1.17%
Extra Space Storage IncEXR	SPYD +0.76 points	0.66%	1.42%
Invitation Homes IncINVH	SPYD +0.71 points	0.47%	1.18%
BXP IncBXP	SPYD +0.67 points	0.58%	1.25%
Public StoragePSA	SPYD +0.49 points	0.91%	1.40%
American Tower CorpAMT	RDIV +0.44 points	1.91%	1.47%
Host Hotels & Resorts IncHST	SPYD +0.30 points	1.00%	1.30%
J M Smucker Co/TheSJM	RDIV +0.11 points	1.54%	1.43%
T Rowe Price Group IncTROW	RDIV +0.11 points	1.31%	1.20%
Simon Property Group IncSPG	SPYD +0.03 points	1.27%	1.30%
KeyCorpKEY	RDIV +0.04 points	1.20%	1.16%

All 61 RDIV holdings⁠All 77 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.

RDIV vs SPYD Cost

Overpaying RDIV vs SPYD

$6,418

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

RDIV 0.39%
$7,898
SPYD 0.07%
$1,480

Amount$10,000

Years30 years

Cost over time

RDIV 0.39%
SPYD 0.07%
Overpaying

Year by year

Year	RDIV	SPYD	Overpaying
10	$705	$128	$577
20	$2,725	$503	$2,222
30	$7,898	$1,480	$6,418

Expense ratio

0.39%RDIV
0.07%SPYD, cheaper

SPYD0.07%RDIV0.39%

0.04%0.70%

Middle half of US Dividend Index funds
Median 0.35%

SPYD 6th cheapest of 52 funds

RDIV 32nd cheapest of 52 funds

RDIV vs SPYD Dividends

Last 12 months to Nov 9, 2026

Yield (12M): RDIV 3.41%; SPYD 4.12%, better
Payout (12M): RDIV $2.13; SPYD $2.06
Last payment: RDIV $0.52; SPYD $0.52
Ex-dividend: RDIV Sep 21, 2026; SPYD Sep 21, 2026
Paid on: RDIV Sep 25, 2026; SPYD Sep 23, 2026
Frequency: RDIV Quarterly; SPYD Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

RDIVQuarterly · 39 paymentsAll RDIV payments⁠

SPYDQuarterly · 39 paymentsAll SPYD payments⁠

RDIV vs SPYD Risk

Fall from peak · 5 years

RDIV
SPYD

Risk facts

VolatilityStd dev, 3 years: RDIV 16.2%SPYD 14.5%, better
Return per unit of riskSharpe ratio, 3 years: RDIV 1.18, betterSPYD 0.96
Worst fallMax drawdown, 5 years: RDIV −24.9%SPYD −22.2%, better
Market sensitivityBeta, 5 years: RDIV 0.80SPYD 0.64; Market = 1

RDIV 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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RDIV vs SPYD

In short

Stated mandate

Why people hold it

Worth knowing

How RDIV and SPYD differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in RDIV

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 RDIV and SPYD differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in RDIV

Only in SPYD

Weight gaps