SPDR® S&P Dividend ETF (SDY)

Look-through valuation · Dividend · Expense ratio 0.35 % · ISIN US78464A7634

SDY SPDR® S&P Dividend ETF SDY overvalued

Holdings vs fair value −27.5 % weighted average

Quality 62/100 avg alpha quality

Expense ratio 0.35 % per year (TER)

Fund size $ 21.1B yield 2.45 %

The look-through covers 59 % of the fund by weight (48 of 49 disclosed positions valued). Unresolved positions are left out, never estimated.

Price history (since 2005)

Monthly close since 2005. Price shows performance, the valuation verdict is in the look-through above.

Top holdings

Holding	Weight	vs fair value	Quality
Realty Income Corporation O	2.2 %	−51.5 %	55
Verizon Communications Inc VZ	2.1 %	+52.3 %	58
Kenvue Inc. KVUE	1.7 %	−39.9 %	61
Kimberly-Clark Corporation KMB	1.7 %	−23.8 %	56
Automatic Data Processing Inc ADP	1.7 %	−28.3 %	65
Texas Instruments Incorporated TXN	1.6 %	−79.3 %	70
Target Corporation TGT	1.6 %	−14.8 %	64
AbbVie Inc ABBV	1.6 %	−72.3 %	75
Qualcomm Incorporated QCOM	1.5 %	−40.9 %	72
Edison International EIX	1.5 %	+106.3 %	64
Archer-Daniels-Midland Company ADM	1.4 %	−40.2 %	72
Chevron Corp CVX	1.4 %	−50.1 %	59
Eversource Energy ES	1.4 %	−8.4 %	49
Sysco Corporation SYY	1.4 %	−25.2 %	59
WEC Energy Group Inc WEC	1.4 %	−34.3 %	51
Consolidated Edison Inc ED	1.3 %	−43.0 %	56
PepsiCo Inc PEP	1.3 %	−21.0 %	60
Southern Company SO	1.3 %	−35.5 %	51
Medtronic PLC MDT	1.3 %	−21.5 %	62
The Coca-Cola Company KO	1.3 %	−51.6 %	72
Microchip Technology Inc MCHP	1.3 %	−73.5 %	59
Xcel Energy Inc XEL	1.3 %	−42.2 %	52
Procter & Gamble Company PG	1.2 %	−25.8 %	71
Nike Inc NKE	1.2 %	−16.7 %	61
Colgate-Palmolive Company CL	1.1 %	−38.8 %	72

Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 49 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.

How the look-through works

An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives SPDR® S&P Dividend ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.

As of: Jul 17, 2026

No investment advice, no buy or sell recommendation. The look-through is a computed summary of public fundamentals and is no substitute for your own research.