SPYD vs SPYV
State Street SPDR Portfolio S&P 500 High Dividend ETF vs State Street SPDR Portfolio S&P 500 Value ETF
Last updated: 2026-04-10
State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) is an exchange-traded fund issued by SPDR that provides exposure to U.S. dividend-paying stocks selected for yield or dividend growth. It charges a low expense ratio of 0.07%. The fund offers a high dividend yield of 4.33%. Launched in 2015, the fund has a 11-year track record.
State Street SPDR Portfolio S&P 500 Value ETF (SPYV) is an exchange-traded fund issued by SPDR that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges a very low expense ratio of 0.04%. The fund offers a moderate dividend yield of 1.78%. Launched in 2000, the fund has a 26-year track record.
Quick Verdict
SPYV has a slightly lower expense ratio (0.04% vs 0.07%), saving about $60 per $10,000 over 10 years. Over the past year, SPYV has significantly outperformed with a 22.8% return vs 15.3%. Income investors may prefer SPYD for its higher yield (4.3% vs 1.8%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
1 of top 10 holdings overlap (10% overlap in top holdings)
SPYD Top Holdings
| Name | Weight |
|---|---|
| APA CorporationAPA | 1.78% |
| LyondellBasell Industries N.V.LYB | 1.75% |
| Dow Inc.DOW | 1.69% |
| EOG Resources, Inc.EOG | 1.57% |
| Edison InternationalEIX | 1.50% |
| Verizon Communications Inc.VZ | 1.49% |
| Phillips 66PSX | 1.45% |
| AT&T Inc.T | 1.42% |
| Target CorporationTGT | 1.42% |
| Chevron CorporationCVX | 1.41% |
SPYV Top Holdings
| Name | Weight |
|---|---|
| Apple Inc.AAPL | 6.89% |
| Amazon.com, Inc.AMZN | 3.68% |
| Exxon Mobil CorporationXOM | 2.37% |
| Walmart Inc.WMT | 2.02% |
| Costco Wholesale CorporationCOST | 1.66% |
| Tesla, Inc.TSLA | 1.33% |
| Chevron CorporationCVX | 1.31% |
| Bank of America CorporationBAC | 1.25% |
| The Procter & Gamble CompanyPG | 1.22% |
| The Home Depot, Inc.HD | 1.21% |
Which One Should You Choose?
Choose SPYV if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Choose SPYV if...
recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.
Choose SPYD if...
you prioritize dividend income and want higher regular distributions from your portfolio.