SPYD vs TPHD

SPYDAState Street SPDR Portfolio S&P 500 High Dividend ETF

TPHDCTimothy Plan High Dividend Stock ETF

In short

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.

TPHD A dividend fund with a conviction filter bolted to the front end: biblically screened US large caps, the 100 highest yielders among them, weighted by volatility instead of market cap, with income paid monthly.

Stated mandate

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.

TPHD The Fund seeks to track the performance of the Victory US Large Cap High Dividend Volatility Weighted BRI Index before fees and expenses. It normally invests at least 80% of assets in securities included in that index.

Why people hold it

• 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.

• TPHD The screen is the whole point. Timothy Plan has applied biblically responsible filters since 1994, and names clear that gate before yield is even considered.timothyplan.comtimothyplan.com 2
• Volatility weighting, not market cap: the steadier names get the bigger slots, so no single mega-cap can swallow the portfolio.timothyplan.com
• Rules, not hunches. Up to 100 holdings drawn by a published index methodology, running live since 2019, with net investment income paid out monthly.timothyplan.com

Worth knowing

• 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.

• TPHD The screen costs money: 0.52% a year, above the typical dividend-screen ETF and many times what plain-vanilla peers like SCHD and VIG charge.
• It trades lightly next to the category's giants, which can mean wider bid-ask spreads, especially in fast-moving markets.
• The faith screen removes entire business lines, so the holdings can look quite different from a broad dividend index and can behave differently too.timothyplan.com

Full SPYD profile⁠

Full TPHD profile⁠