SPYD vs VSDA: Grades, Fees and Holdings Compared

State Street SPDR Portfolio S&P 500 High Dividend ETF

SPYDANYSE Arca

VictoryShares Dividend Accelerator ETF

VSDABNasdaq

Overlap

15.6%by weight

Expense ratio

SPYD −0.28pt a year

SPYD0.07%VSDA0.35%

Avg volume · 30D

SPYD 64.7×the volume

SPYD1MVSDA15.5K

5Y return · a year

SPYD +0.6pt

SPYD+8.7%VSDA+8.1%

SPYD vs VSDA Performance

Oct 29, 2021 – Oct 30, 2026

+52.1%SPYD+47.9%VSDA

Expense ratio: SPYD 0.07%, better; VSDA 0.35%
Fund size: SPYD $7.61B; VSDA $224M
1Y total return: SPYD +20.6%, better; VSDA +19.6%
Yield (12M): SPYD 4.20%, better; VSDA 2.41%
Holdings: SPYD 81; VSDA 76
Avg volume (30D): SPYD 1M sh, better; VSDA 15.5K sh
NAV per share: SPYD $48.88; VSDA $60.49
52W range

ETF.net Grade

Pillar letters and Scores for SPYD, VSDA, with each pillar’s weight
Pillar	SPYD	VSDA
Cost30% weight	A88Higher	B57
Mission25% weight	A88	A89Higher
Risk15% weight	C40Higher	D38
Tradability15% weight	A92Higher	C48
Holdings10% weight	A73Higher	B55
Durability5% weight	A83Higher	D31

Rank among US Dividend Index funds

How we build Categories ›

Same Category. SPYD and VSDA 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 VSDA 25th 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 23BQDIVGlobal X S&P 500 Quality Dividend ETFScore 60
Rank 25BVSDAVictoryShares Dividend Accelerator ETFScore 59
Rank 26BDIVGInvesco S&P 500 High Dividend Growers ETFScore 58

Our read on each fund

ETF.net Research

SPYDAState Street SPDR Portfolio S&P 500 High Dividend ETF

VSDABVictoryShares Dividend Accelerator 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.

VSDA Most dividend growth funds reward the past. VSDA tracks a Nasdaq index that runs a statistical model on large and mid cap payers to rank who is likeliest to raise dividends next year, aiming at payout growth over fat yield.

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.

VSDA The Fund seeks to track the Nasdaq Victory Dividend Accelerator Index before fees and expenses.

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.

VSDA The index runs a logit model over 14 variables to rank which dividend payers are likeliest to raise next year, then holds 75 of them. Streak counting is only part of it.nasdaqomx.com nasdaqomx.com 2
Weights lean on dividend yield and 10-year net income stability instead of market cap, REITs are screened out, and the roster refreshes at quarterly rebalances.nasdaqomx.com
Pays monthly, and it has tracked its index live since its 2017 launch, not on backtested paper.
Narrow mandate: at least 80% of assets in index securities, with no manager discretion over which stocks make the cut.sec.gov

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.

VSDA The 0.40% fee sits near the middle of the dividend-screen crowd, but index giants like VIG (0.04%) and SCHD (0.06%) charge a fraction of it.
Assets are modest and trading is thin next to the category's household names, so bid-ask spreads tend to run wider.
Forecasts are odds, not promises. A flagged raiser can freeze its payout, and the index waits for the next quarterly rebalance to respond.nasdaqomx.com

Full SPYD profile⁠

Full VSDA profile⁠

SPYD vs VSDA Holdings

How SPYD and VSDA differ

Overlap by weight

15.6%

Shared holdings make up 30.8% of VSDA and 15.6% of SPYD.

Level by level

Holdings12 in both15.6%
Sector11 Sectors61.5%
Countryby domicile97.4%
Asset classEquity100%

Sector

Sector weights in SPYD and VSDA, widest gap first
Sector	More in SPYDMore in VSDA	SPYD	VSDA
Real Estate	SPYD +24.4 points	24.4%	0.0%
Consumer Staples	VSDA +17.2 points	14.0%	31.2%
Industrials	VSDA +9.5 points	5.2%	14.7%
Utilities	SPYD +7.9 points	10.9%	3.0%
Health Care	VSDA +5.5 points	4.4%	9.9%
Financials	VSDA +5.1 points	13.3%	18.4%
Communication	SPYD +5.1 points	5.1%	0.0%
Technology	VSDA +1.2 points	4.0%	5.2%
Energy	SPYD +1.0 points	5.8%	4.8%
Materials	SPYD +0.3 points	7.5%	7.2%
Consumer Discretionary	Same weight	5.4%	5.4%

Country, concentration and asset class

Country by domicile

Country weights in SPYD and VSDA, widest gap first
Country	More in SPYDMore in VSDA	SPYD	VSDA
Switzerland	VSDA +1.8 points	0.0%	1.8%
United Kingdom	SPYD +1.4 points	1.4%	0.0%
Ireland	SPYD +1.2 points	1.2%	0.0%
United States	VSDA +0.8 points	97.4%	98.2%

Concentration

Weight in the 10 largest Holdings

SPYD16.2%
VSDA29.6%

Securities held

SPYD79
VSDA75

Asset class

SPYD: Equity
VSDA: Equity

Holdings

Only in SPYD67
In both12
Only in VSDA63

Only in SPYD

67 securities, 84.1% of SPYD by weight

Accenture PLC Class A2.27%
Hasbro Inc1.73%
Hp Inc1.63%
Pfizer Inc1.55%
Medtronic PLC1.53%
Best Buy Co Inc1.48%
Crown Castle Inc1.48%
Eog Resources Inc1.45%
American Tower Corp1.44%
Amcor PLC1.40%
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%
Pinnacle West Capital1.29%
Aes Corp1.29%
Paychex Inc1.27%
Evergy Inc1.27%
Verizon Communications 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%
United Parcel Service Class B1.19%
Vici Properties Inc1.19%
Kraft Heinz Co/The1.18%
Dominion Energy Inc1.18%
Fidelity National Info Serv1.18%
Eversource Energy1.17%
Regency Centers Corp1.17%
At+t Inc1.17%

Only in VSDA

63 securities, 68.8% of VSDA by weight

Brown-Forman Corp. Class B2.79%
Medtronic PLC2.52%
Colgate-Palmolive Co2.17%
Consolidated Edison Inc.2.15%
Mcdonald's Corp2.07%
Ppg Industries Inc.1.83%
Procter & Gamble Co.1.73%
Illinois Tool Works Inc1.70%
Old Republic Int. Corp.1.63%
Union Pacific Corp.1.55%
Emerson Electric Co.1.53%
Genuine Parts Co1.52%
Erie Indemnity Company-Cl1.50%
Aflac Inc1.47%
Lowe's Cos Inc1.44%
Sysco Corp.1.40%
Atmos Energy Corp1.34%
Air Products and Chemical1.32%
Coca-Cola Co/The1.27%
Exxonmobil Holdings Corp1.27%
Broadridge Fin Solutions1.24%
Archer-Daniels-Midland Co1.16%
Cincinnati Financial Corp1.14%
Becton Dickinson and Co.1.11%
Rpm International Inc.1.07%
Constellation Brands Inc1.07%
Sei Investments Co1.04%
Roper Technologies Inc0.99%
Garmin Ltd0.98%
Curtiss-Wright Corp.0.97%
Ecolab Inc.0.95%
Johnson & Johnson0.95%
Globe Life Inc0.94%
Houlihan Lokey Inc0.93%
Walmart Inc.0.91%
Nordson Corp0.89%
Dover Corp0.86%
S&P Global Inc0.85%
Visa Inc Class A0.85%
Sherwin-Williams Co0.84%
Carlisle Companies Inc.0.83%
Allstate Corp/The0.82%
Gilead Sciences Inc.0.79%
Eaton Corp PLC0.79%
Mastercard Inc. - Class A0.77%
Chubb Limited0.76%
Martin Marietta Materials0.76%
Evercore Inc0.76%
Williams-Sonoma Inc0.73%
New Linde PLC0.72%

Weight gaps

All 12 Holdings in both funds, largest gap first.

Holding weights in SPYD and VSDA, widest gap first
Holding	More in SPYDMore in VSDA	SPYD	VSDA
Hormel Foods CorpHRL	VSDA +2.63 points	1.06%	3.69%
Altria Group IncMO	VSDA +2.29 points	1.37%	3.66%
Kimberly Clark CorpKMB	VSDA +2.18 points	1.30%	3.48%
Clorox CompanyCLX	VSDA +2.18 points	1.19%	3.37%
T Rowe Price Group IncTROW	VSDA +1.51 points	1.18%	2.69%
Pepsico IncPEP	VSDA +1.46 points	1.27%	2.73%
Mccormick & Co Non Vtg ShrsMKC	VSDA +1.31 points	1.16%	2.47%
Franklin Templeton IncBEN	VSDA +0.68 points	1.29%	1.97%
Stanley Black & Decker IncSWK	VSDA +0.57 points	1.49%	2.06%
Chevron CorpCVX	VSDA +0.29 points	1.54%	1.83%
Bristol Myers Squibb CoBMY	VSDA +0.09 points	1.30%	1.39%
Target CorpTGT	VSDA +0.04 points	1.42%	1.46%

All 78 SPYD holdings⁠All 77 VSDA 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.

SPYD vs VSDA Cost

Overpaying VSDA vs SPYD

$5,646

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

SPYD 0.07%
$1,480
VSDA 0.35%
$7,126

Amount$10,000

Years30 years

Cost over time

SPYD 0.07%
VSDA 0.35%
Overpaying

Year by year

Year	SPYD	VSDA	Overpaying
10	$128	$634	$506
20	$503	$2,454	$1,951
30	$1,480	$7,126	$5,646

Expense ratio

0.07%SPYD, cheaper
0.35%VSDA

SPYD0.07%VSDA0.35%

0.04%0.70%

Middle half of US Dividend Index funds
Median 0.35%

SPYD 6th cheapest of 52 funds

VSDA 20th cheapest of 52 funds

SPYD vs VSDA Dividends

Last 12 months to Oct 30, 2026

Yield (12M): SPYD 4.20%, better; VSDA 2.41%
Payout (12M): SPYD $2.06; VSDA $1.46
Last payment: SPYD $0.52; VSDA $0.12
Ex-dividend: SPYD Sep 21, 2026; VSDA Oct 8, 2026
Paid on: SPYD Sep 23, 2026; VSDA Oct 9, 2026
Frequency: SPYD Quarterly; VSDA Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

SPYDQuarterly · 15 paymentsAll SPYD payments⁠

VSDAMonthly · 45 paymentsAll VSDA payments⁠

SPYD vs VSDA Risk

Fall from peak · 5 years

SPYD
VSDA

Risk facts

VolatilityStd dev, 3 years: SPYD 14.5%VSDA 13.6%, better
Return per unit of riskSharpe ratio, 3 years: SPYD 0.96, betterVSDA 0.82
Worst fallMax drawdown, 5 years: SPYD −22.2%VSDA −16.1%, better
Market sensitivityBeta, 5 years: SPYD 0.64VSDA 0.65; Market = 1

SPYD and VSDA 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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SPYD vs VSDA

In short

Stated mandate

Why people hold it

Worth knowing

How SPYD and VSDA differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in SPYD

Only in VSDA

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 SPYD and VSDA differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in SPYD

Only in VSDA

Weight gaps