SPDV

AAM S&P 500 High Dividend Value ETF

$34.15
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The AAM S&P 500 High Dividend Value ETF (SPDV) seeks to track the performance of the S&P 500 High Dividend Index, which is designed to measure the performance of the 80 highest dividend-yielding companies in the S&P 500 Index that meet certain value criteria.

Overview

ETF tracking AAM S&P 500 High Dividend Value ETF

Category Value
Issuer Other
Inception Date 2017-11-29
Market Cap $73.4M
Average Volume N/A
Dividend Yield 3.16%
52-Week Range $28.16 - $35.13
VWAP $34.22

Performance

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Investment Summary

📎 Investment Objective

The AAM S&P 500 High Dividend Value ETF (SPDV) seeks to track the performance of the S&P 500 High Dividend Index, which is designed to measure the performance of the 80 highest dividend-yielding companies in the S&P 500 Index that meet certain value criteria.

🎯 Investment Strategy

The fund invests in the common stocks of the companies included in the underlying index in proportion to their weightings in the index. The index selects high dividend-paying stocks from the S&P 500 that also meet certain value factor requirements.

✨ Key Features

  • Focuses on high dividend-paying stocks from the S&P 500 that also exhibit value characteristics
  • Provides exposure to large-cap U.S. equities with an emphasis on income generation
  • Passively managed to track the performance of the underlying index

⚠️ 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, impacting the fund's income generation
  • Value investing risk: Value stocks may underperform the broader market for extended periods
  • Concentration risk: The fund is concentrated in a relatively small number of stocks

👤 Best For

This ETF may be suitable for investors seeking exposure to high-yielding, value-oriented large-cap U.S. stocks as part of a diversified portfolio. It may be particularly appealing to income-oriented investors who are comfortable with the risks associated with a concentrated value-focused strategy.