State Street SPDR S&P Dividend ETF
SDY
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 1 Iron Street Boston MA United States of America 2210
- IPO Date
- Nov 15, 2005
- CIK
- 0001064642
- Website
- ssga.com
- Similar Companies
- Business
- SPDR S&P Dividend ETF (SDY) is an exchange-traded fund managed by State Street Global Advisors that seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P High Yield Dividend Aristocrats Index. The fund tracks a yield-weighted index comprising the highest dividend-yielding companies from the S&P Composite 1500 Index that have consistently increased dividends for at least 20 consecutive years; holdings include approximately 149 securities, with top sectors encompassing industrials (19.17%), consumer staples (16.73%), and utilities (15.75%), and leading positions in Verizon Communications Inc. (2.73%), Realty Income Corp. (2.50%), and Chevron Corp. (2.03%). It offers investors exposure to dividend growth equities characterized by both capital appreciation potential and income generation, with a gross expense ratio of 0.35%, an index dividend yield of 2.92%, and assets under management exceeding $20 billion. Launched on November 8, 2005, and listed on the NYSE Arca, SDY operates primarily in the U.S. equity market, targeting long-term investors seeking stable dividend aristocrats from large- and mid-cap segments of the S&P 1500 universe. The fund is issued by State Street Global Advisors, an indirect wholly owned subsidiary of State Street Corporation headquartered in Boston, Massachusetts, with no notable subsidiaries or parent fund relationships beyond the broader SPDR ETF family. It employs a passive, full-replication or sampling strategy to mirror the index, with quarterly reweighting based on indicated yield and annual reviews for constituent eligibility. In recent developments as of September 2025, SDY delivered year-to-date NAV total returns of 8.20% and maintained a 30-day SEC yield of 2.54%, reflecting resilience amid market fluctuations despite a one-year return of 1.30%. The fund experienced ongoing portfolio adjustments aligned with its index methodology, including quarterly rebalancing after January, April, July, and October, which incorporated evolving dividend sustainability screens. Amid State Street Global Advisors' rebranding to State Street Investment Management, SDY continues to emphasize its focus on high-quality dividend growers without reported major acquisitions, funding rounds, or strategic shifts in the past 1-2 years.