SPDR Portfolio S&P 500 High Dividend ETF SPYD fishes for yield but reels in fundamentally weak firms that shape a risky, low-quality portfolio in the process. Despite its ultralow expense ratio, it earns a Morningstar Analyst Rating of Neutral.
Will SPYD outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SPYD’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the SPYD management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of SPYD’s parent organization’s priorities and whether they’re in line with investors’ interests.