SPDR Portfolio S&P Sector Neutral Dividend ETF

SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) is a State Street index fund of US stocks with at least seven years of steady or rising dividends and yields above their sector's median. Sector weights mirror the S&P Composite 1500, so technology dividend payers such as Cisco and IBM lead its holdings. It costs 0.05% a year, against a 0.21% average for similar funds, but held just $12.5 million as of June 30, 2026.

• Over the year to Oct 27, 2026, SPDG returned +19.7%, 7th of 9 among similar funds.
• Its worst full calendar year was 2025 (+11.6%); its best was 2024 (+20.2%).
• The deepest fall in its price history was 15.7% (Feb 20, 2025 to Apr 8, 2025), recovered by Jul 1, 2025.

As of Jun 30, 2026, the fund held 279 securities; the ten largest made up 39.6% of assets.

By sector

• Over the three months to Jun 30, 2026, investors withdrew a net $12K (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: +7.17%, +4.89%, -0.50%.

SPDG tracks the S&P Sector-Neutral High Yield Dividend Aristocrats Index, run by S&P Dow Jones Indices. It starts with the S&P Composite 1500, a broad gauge of US stocks. It keeps companies that have raised or held their dividend for at least seven straight years, are worth at least $3 billion in freely traded shares and trade a median of at least $5 million a day. Existing members face lower bars. Of those, only companies yielding more than their sector's median make the cut. The index held 276 stocks as of July 31, 2026.

Within each sector, companies are weighted by market value. Each sector is then sized to match its weight in the S&P Composite 1500. That stops the fund from crowding into a few high-yield industries. But a handful of qualifying companies can fill a large sector's share: Cisco alone was 7.7% of assets as of June 30, 2026.

The index is rebuilt every January and rebalanced at the end of January, April, July and October. A company that skips a dividend, suspends it, or cuts it enough to fail the next annual review is dropped at the start of the following month. The fund may hold a representative sample instead of every index stock. It may also use futures to track the index and manage cash.

• SPDG charges 0.05% a year, versus an average of 0.21% for the similar funds below (3rd of 9, cheapest first).
• Using the prospectus's standard example, $10,000 invested would cost about $5 in the first year and $64 over 10 years (assuming a 5% annual return).

It is built to pay quarterly dividends from US companies with at least seven years of steady or rising payouts, while keeping sector weights close to the broad market.

SPDG could add quarterly dividends from established US companies. Its sector weights match the S&P Composite 1500 rather than leaning on a few high-yield industries. Its trailing 12-month yield was 2.66% as of October 27, 2026, and its 0.05% expense ratio takes little of that.

The fund launched in September 2023, after the 2008, 2020 and 2022 sell-offs, so its record is short. Its worst calendar year, 2025, was still a gain of 11.67%. Its deepest drop was 15.7%, from February 20 to April 8, 2025, and it recovered by July 1, 2025. Stock funds can fall much further. Anyone who may need to sell shares or draw income in a downturn risks selling at low prices. Its small size, $12.5 million as of June 30, 2026, adds a risk of closure. Past results don't predict future ones, and a plan should look at the whole portfolio, not one fund.

Matched by holdings overlap from the latest N-PORT reports.