SPDV ETF ANALYSIS

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SPDV ETF FUNDAMENTALS
SPDV ETF PERFORMANCE

SPDV ISSUER

The AAM S&P 500 High Dividend Value ETF (SPDV) is managed by ETF Series Solutions, and it utilizes a passive management or indexing approach to replicate the total return performance of the S&P 500 Dividend and Free Cash Flow Yield Index. The index, designed to offer exposure to S&P 500 companies with high dividend yield and sustainable dividend distribution characteristics while maintaining diversified sector exposure, was developed in 2017 by S&P Dow Jones Indices, a division of S&P Global. The ETF aims to provide investors with a convenient way to gain exposure to this unique subset of the S&P 500 Index constituents, making it an attractive option for income-focused investors seeking both dividend income and potential for capital appreciation.

SPDV DIVIDEND

The SPDV ETF (AAM S&P 500 High Dividend Value ETF) employs a passive management approach to track the total return performance of the S&P 500 Dividend and Free Cash Flow Yield Index before fees and expenses. This index focuses on companies within the S&P 500 that exhibit high dividend yield and sustainable dividend distribution characteristics while maintaining diversified sector exposure. It was developed in 2017 by S&P Dow Jones Indices and includes approximately 500 leading U.S.-listed companies, representing around 80% of the U.S. equity market capitalization, which may include real estate investment trusts (REITs).

SPDV TRACKING

The AAM S&P 500 High Dividend Value ETF (SPDV) is dedicated to tracking the performance of the S&P 500 High Dividend Value Index. SPDV strategically invests in a diversified portfolio of high dividend-yielding stocks within the S&P 500, emphasizing value-oriented characteristics. By closely aligning with the index, the ETF aims to provide investors with exposure to high-quality, income-generating stocks while focusing on value metrics within the U.S. equity market. SPDV's commitment to effective tracking and a high dividend value strategy enhances its appeal for income-focused investors seeking a combination of dividend yield and potential for value appreciation.

SPDV CORRELATION

The correlation aspect of the AAM S&P 500 High Dividend Value ETF (SPDV) is primarily tied to its tracking of the S&P 500 Dividend and Free Cash Flow Yield Index. As an ETF focused on high dividend yield and sustainable dividend distribution characteristics, SPDV tends to correlate with the performance of dividend-paying companies within the S&P 500 Index. Investors often use SPDV to gain exposure to these dividend-oriented assets while maintaining diversified sector exposure. To delve deeper into SPDV's correlations with various sectors and assets, investors can utilize our tool ETF Insider, which offers a user-friendly web app with robust visualization capabilities, enabling comprehensive analysis and the identification of overlap with other US ETFs.

SPDV SECTOR

The Invesco S&P 500 High Dividend Value ETF (SPDV) primarily focuses on tracking the total return performance of the S&P 500 Dividend and Free Cash Flow Yield Index. This index employs an equal-weighted, rules-based approach to provide exposure to S&P 500 constituents with high dividend yields and sustainable dividend distribution characteristics, while maintaining diversified sector exposure. The fund primarily invests in equity securities included in the S&P 500 Index that have demonstrated positive indicated annual dividend yields, making it an attractive option for income-oriented investors seeking dividend income from a variety of sectors represented in the S&P 500.

SPDV EXPOSURE

The exposure characteristic of the AAM S&P 500 High Dividend Value ETF (SPDV) reflects its focus on high-dividend-yielding stocks within the S&P 500 Index. SPDV utilizes a passive management approach to track the S&P 500 Dividend and Free Cash Flow Yield Index, which selects companies with both high dividend yield and sustainable dividend distribution characteristics while maintaining diversified sector exposure. This ETF provides investors with an opportunity to gain exposure to companies in the S&P 500 that offer attractive dividend yields, making it a suitable choice for income-seeking investors looking for broad U.S. equity market exposure with a dividend focus.

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