SDVD vs SPY
SDVD vs SPY
FT Vest SMID Rising Dividend Achievers Target Income ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | SDVD | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.85% | 0.09% | |
| AUM | $886M | $789.1B | |
| Dividend Yield | 8.25% | 1.01% | |
| Holdings | 168 | 505 | |
| YTD Return | +12.29% | +13.79% | |
| 1Y Return | +20.03% | +23.66% | |
| 3Y Return (annualized) | +6.35% | +21.40% | |
| 5Y Return (annualized) | - | +13.37% | |
| Volatility (annualized) | 22.4% | 15.3% | |
| Max Drawdown | -29.1% | -56.5% | |
| Fund Family | First Trust Portfolios (US) | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Aug 9, 2023 | Jan 22, 1993 |
SDVD vs SPY Performance
FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD) is a ETF from First Trust Portfolios (US) and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year SDVD returned +20.03% while SPY returned +23.66%. Year to date, SDVD is up 12.29% versus a gain of 13.79% for SPY.
Over three years, SDVD compounded at +6.35% per year against +21.40% for SPY. Across the full 3-year window we track, SPY has the edge at +8.85% annualized vs +6.35%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SDVD has been the more volatile fund, with annualized monthly volatility of 22.4% compared with 15.3% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -29.1% for SDVD and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.67. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SDVD charges 0.85% per year while SPY charges 0.09%. On a $10,000 position that is $85 vs $9 annually, a gap of $76 per year that compounds over a long holding period. On income, SDVD currently yields 8.25% against 1.01% for SPY.
Holdings Overlap
SDVD and SPY share 40 holdings out of 636 unique holdings combined, representing a 1.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SDVD | Weight in SPY | Difference |
|---|---|---|---|
| FIX | 1.09% | 0.10% | 0.99% |
| IBKR | 1.06% | 0.07% | 0.99% |
| AIZ | 0.98% | 0.02% | 0.96% |
| WSM | Pro | Pro | Pro |
| CINF | Pro | Pro | Pro |
| SNA | Pro | Pro | Pro |
| EME | Pro | Pro | Pro |
| VRSN | Pro | Pro | Pro |
| RL | Pro | Pro | Pro |
| SYF | Pro | Pro | Pro |
See all 10 holdings SDVD shares with SPY Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, SDVD or SPY?
SDVD has an expense ratio of 0.85% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $76 per year of difference.
Which performed better, SDVD or SPY?
Over the past year SDVD returned +20.03% vs +23.66% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (3 years), SDVD annualized +6.35% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, SDVD or SPY?
SDVD has been the more volatile fund at 22.4% annualized versus 15.3% for SPY. Worst drawdown: SDVD -29.1% vs SPY -56.5%.
Should I hold both SDVD and SPY?
SDVD and SPY have a monthly-return correlation of 0.67, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SDVD and SPY?
SDVD and SPY share 40 common holdings with a 1.6% weight overlap. Combined, they hold 636 unique securities.
Which pays a higher dividend, SDVD or SPY?
SDVD yields 8.25% while SPY yields 1.01%, so SDVD currently pays the higher dividend yield.
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