SPDG

State Street SPDR Portfolio S&P Sector Neutral Dividend ETF

$40.08
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 900 Sector Neutral Dividend Index.

Overview

ETF tracking State Street SPDR Portfolio S&P Sector Neutral Dividend ETF

Category Value
Issuer State Street
Inception Date 2023-09-12
Market Cap $10.4M
Average Volume N/A
Dividend Yield 2.85%
52-Week Range $33.36 - $40.51
VWAP $40.00

Performance

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Investment Summary

📎 Investment Objective

The SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 900 Sector Neutral Dividend Index.

🎯 Investment Strategy

The fund employs a passive management approach, investing in a portfolio of stocks that seeks to track the performance of the underlying index. The index is designed to measure the performance of dividend-paying U.S. companies, while maintaining a sector-neutral weighting compared to the broader U.S. equity market.

✨ Key Features

  • Seeks to track the performance of the S&P 900 Sector Neutral Dividend Index
  • Focuses on dividend-paying U.S. companies across all sectors
  • Maintains a sector-neutral weighting compared to the broader U.S. equity market
  • Passively managed to minimize expenses

⚠️ Primary Risks

  • Market risk: The value of the fund's holdings may decline due to general market conditions
  • Dividend risk: Companies may reduce or eliminate dividend payments, which could affect the fund's performance
  • Sector risk: The fund's performance may be affected by the performance of specific sectors or industries
  • Tracking error risk: The fund may not perfectly track the performance of its underlying index

👤 Best For

This ETF may be suitable for long-term investors seeking exposure to a diversified portfolio of dividend-paying U.S. stocks, with a focus on maintaining a sector-neutral weighting. It may be particularly appealing to investors seeking a low-cost, passively managed investment option that provides exposure to the U.S. equity market.