SPYD — SPDR Portfolio S&P 500 High Dividend ETF
SPDR (State Street) · Expense Ratio: 0.07% · Dividend · 8bp below the Dividend category average of 0.15%
Key Facts
| Ticker | SPYD |
| Full Name | SPDR Portfolio S&P 500 High Dividend ETF |
| Provider | SPDR (State Street) |
| Expense Ratio | 0.07% |
| Category | Dividend |
| Assets Under Management | $8B |
| Inception Year | 2015 (11 years ago) |
| Number of Holdings | 80 |
| Dividend Yield | ~4% (very high) |
| Top Holdings | KMI, MO, VZ, T |
What Is SPYD?
SPYD, managed by SPDR (State Street), launched in 2015, is a well-established ETF with adequate liquidity for most investors in the Dividend category. Dividend-focused ETF investing in companies with consistent and growing dividend payouts. With $8B in assets under management, it has adequate trading volume for most individual investors.
SPYD in a FIRE Portfolio
With its focus on dividend-paying stocks, this fund can generate retirement income for FIRE investors, reducing the need to sell holdings during market downturns.
At a ~4% yield, a $1M position in SPYD would generate approximately $40,000/year in dividend income. For FIRE investors, dividend income reduces the need to sell holdings during market downturns — a strategy known as "living off dividends."
Cost Analysis: How SPYD's 0.07% Fee Affects Your FIRE Timeline
At 0.07%, SPYD is very cost-effective. Annual fees on a $100K investment: $70. Over 30 years, the fee drag shaves approximately 0.4% off your total returns. For a $1M FIRE portfolio, that's about $7,000 in cumulative fees — noticeable but reasonable for most investors.
Dividend Income Potential
With a very high dividend yield of approximately 4%, here's what SPYD could generate in annual income at different portfolio sizes:
| Portfolio Value | Annual Dividend Income | Monthly Income |
|---|---|---|
| $100,000 | $4,000/year | $333/month |
| $250,000 | $10,000/year | $833/month |
| $500,000 | $20,000/year | $1,667/month |
| $1,000,000 | $40,000/year | $3,333/month |
Frequently Asked Questions About SPYD
What is the expense ratio for SPYD?
SPYD has an expense ratio of 0.07%. This is very cost-effective — on a $100K portfolio, annual fees are $70. 8bp below the dividend category average of 0.15%.
Is SPYD good for a FIRE portfolio?
With its focus on dividend-paying stocks, this fund can generate retirement income for FIRE investors, reducing the need to sell holdings during market downturns. Its 0.07% expense ratio is very cost-effective for the Dividend category.
How does the 0.07% fee affect long-term returns?
At 0.07%, you'll pay $70/year per $100K invested. Over 30 years, fees reduce total returns by approximately 0.4%. Use the embedded calculator below to model the exact impact on your specific portfolio.
Is SPYD liquid enough for my portfolio?
SPYD manages $8B in assets — a well-established ETF with adequate liquidity for most investors. For most individual FIRE investors making regular contributions, liquidity is sufficient. If you're investing large lump sums ($100K+), use limit orders to control your execution price.
Similar ETFs in Dividend
- VIG — Vanguard Dividend Appreciation ETF (0.06% · Income Generator)
- SCHD — Schwab US Dividend Equity ETF (0.06% · Income Generator)
- VYM — Vanguard High Dividend Yield ETF (0.06% · Income Generator)
- DGRO — iShares Core Dividend Growth ETF (0.08% · Income Generator)
- DGRW — WisdomTree US Quality Dividend Growth ETF (0.28% · Income Generator)
- HDV — iShares Core High Dividend ETF (0.08% · Income Generator)
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