SPDV: Are Improved Fundamentals And A Higher Expected Yield Good Enough?

SPDV is comprised of 5 stocks from each of the 11 GICS sectors, with selections based on dividend yield and free cash flow yield. I estimate a 3.88% forward yield. Total returns since its inception were poor, with my previous review revealing low growth and low quality. However, those metrics have improved, resulting in an upgraded "hold" rating. Even so, SPDV has quality deficiencies compared to the 3.86%-yielding SCHD, and its dividend growth features are poor and inconsistent due to its reconstitution process.

Seeking Alpha • Mar 20, 2025

Can Dividends-Satisfy The Rising Demand For Yield?

Global dividends hit a record high in 2024, with $606.1 billion paid in Q2 alone, as tech giants like Meta and Alibaba entered the dividend-paying market. Equity yields remain low compared to bonds, with the FTSE All-World index yielding 1.86% in September 2024, while the FTSE World Government Bond index yield to maturity stood at 3.03%. Dividend-focused strategies can enhance income potential in equity portfolios by prioritising high-dividend-paying sectors and reducing risks of dividend cuts.

Seeking Alpha • Oct 16, 2024

Equity Income Investing Redux

The last 12 months have been difficult for equity income investors. The top 20% of dividend-paying stocks in the S&P 500 Index have returned 13.5% in the 12 months through March.

Seeking Alpha • Apr 23, 2024

Very Good News For Dividend Stocks

Dividend stocks, including REITs and utilities, have underperformed in recent years. Rising interest rates and increasing costs of capital have contributed to the underperformance. The beginnings of a strong dividend stock rally may have just begun on the back of some very good news.

Seeking Alpha • Mar 11, 2024

SPDV: Yield And Valuation Look Good, Performance And Quality Are Not

AAM S&P 500 High Dividend Value ETF selects five S&P 500 stocks in every GICS sector. It implements a strategy based on dividends and free cash flow. The yield, valuation and dividend growth are attractive.

Seeking Alpha • Jul 25, 2023

SPDV: Now Yielding 4%, Is This Dividend ETF Worth Buying?

SPDV: Now Yielding 4%, Is This Dividend ETF Worth Buying?.

Seeking Alpha • Apr 26, 2023

Taming Biases In High-Dividend Equity Strategies

Stocks paying higher dividends showed their mettle during a challenging 2022: the S&P 500 High Dividend Index declined only a modest –1.1% even as the S&P 500 tumbled –18.1%. In our view, much of the volatility in high-dividend strategies, broadly speaking, comes down to portfolio design choices, which can create very different characteristics.

Seeking Alpha • Mar 23, 2023

Avoid SPDV: The High Dividend ETF With Low Rewards

SPDV is an equal-weight-by-sector high-dividend ETF expected to yield 3.60%. Constituents trade at low valuations due to its dividend yield and free cash flow yield screens. The strategy has failed over the last five years, delivering returns 10-40% less than other high-dividend alternatives.

Seeking Alpha • Jan 10, 2023

SPDV: Picking High Yield Stocks With Good Cash Flow

SPDV is an ETF holding five S&P 500 stocks in each sector in equal weight. Constituents are selected based on dividend yield and free cash flow.

Seeking Alpha • Jan 9, 2023

SPDV: Deep-Value Dividend ETF Yielding 4%

SPDV is a high-dividend ETF yielding 4%, and is one of the few ETFs to take an equal-weight-by-sector approach. Fees are 0.29% and the ETF has $65 in AUM. The approach is logical, but winds up selecting stocks with low growth and of the "deep value" variety. Consequently, SPDV's track record is poor compared to peers like SCHD.

Seeking Alpha • Oct 24, 2022