SPDV (SPDV) ETF Analysis
The SPDV ETF is an index fund with a concentrated portfolio of just 10 holdings. It offers exposure to a select group of companies, with top allocations including Verizon Communications Inc (2.29%), FedEx Corp (2.26%), and AT&T Inc (2.13%). With a 3-year beta of 0.86, SPDV may exhibit less volatility compared to the broader market. However, it's important to note that SPDV currently has a dividend yield of 0.00%.
SPDV (SPDV) ETF — Price, Holdings & Analysis
ETF Overview
Risk Metrics
Top Holdings
- Verizon Communications Inc (VZ): 2.29%
- FedEx Corp (FDX): 2.26%
- AT&T Inc (T): 2.13%
- NRG Energy Inc (NRG): 2.12%
- Devon Energy Corp (DVN): 2.06%
- EOG Resources Inc (EOG): 2.05%
- Bristol-Myers Squibb Co (BMY): 2.05%
- APA Corp (APA): 2.05%
- Viatris Inc (VTRS): 2.05%
- Coterra Energy Inc Ordinary Shares (CTRA): 2.04%
Dividend Yield
Risk Metrics
- Beta: 0.86
Questions & Answers
What is SPDV and what does it track?
SPDV is an exchange-traded fund (ETF) that aims to track the investment results of an underlying index. Unlike broad market ETFs, SPDV employs a concentrated strategy by investing in a very limited number of companies, currently holding only 10 stocks. The ETF's top holdings include Verizon Communications Inc, FedEx Corp, and AT&T Inc. This concentrated approach can lead to higher volatility compared to more diversified ETFs, as the performance of a few key holdings will significantly impact the fund's overall returns. Investors should carefully consider their risk tolerance before investing in SPDV.
What is the expense ratio for SPDV?
The expense ratio for SPDV is not explicitly provided in the given data. However, it's important to consider the expense ratio of any ETF, as it represents the annual cost of owning the fund, expressed as a percentage of the fund's assets. Expense ratios can vary widely among ETFs, and a higher expense ratio will detract from an ETF's overall returns. Investors should compare SPDV's expense ratio to similar ETFs to assess its cost-effectiveness.
What are the top holdings in SPDV?
SPDV's portfolio is highly concentrated, with its top holdings accounting for a significant portion of its assets. As of 2026-03-15, the top three holdings in SPDV are: 1) Verizon Communications Inc (VZ) at 2.29%, 2) FedEx Corp (FDX) at 2.26%, and 3) AT&T Inc (T) at 2.13%. These holdings represent a substantial portion of the fund's overall value. Investors should be aware of the performance and outlook for these companies, as they will significantly influence SPDV's returns.
Is SPDV a good long-term investment?
Whether SPDV is a suitable long-term investment depends on an individual investor's risk tolerance, investment objectives, and time horizon. SPDV's concentrated portfolio of just 10 holdings introduces significant concentration risk, which could lead to higher volatility compared to more diversified ETFs. The ETF's 3-year beta of 0.86 suggests it may be less volatile than the overall market. However, past performance does not guarantee future results. Investors should carefully consider these factors before investing in SPDV for the long term.
How does SPDV compare to similar ETFs?
SPDV distinguishes itself from many ETFs through its highly concentrated portfolio, holding only 10 stocks. This contrasts with broader market ETFs that may hold hundreds or even thousands of different securities. While the expense ratio is not provided, it's a key factor to compare against similar ETFs. SPDV's strategy may appeal to investors seeking targeted exposure to a specific group of companies, but it also introduces greater risk due to its lack of diversification. Investors should weigh these factors carefully when comparing SPDV to other ETFs.
Does SPDV pay dividends?
According to the provided data, SPDV currently has a dividend yield of 0.00%. This indicates that the ETF is not currently distributing any dividend income to its shareholders. Investors seeking dividend income may want to consider other ETFs with a higher dividend yield. However, it's important to note that dividend yields can fluctuate over time, and past dividend payments are not indicative of future dividend payments.