By 
ETF full name: AAM S&P 500 High Dividend Value ETF
Segment: equity: US large-cap value
ETF provider: Advisors Asset Management (AAM)
| GLD key details | |
| Issuer | Advisors Asset Management |
| Dividend | $0.02 |
| Inception date | 28 November 2017 |
| Expense ratio | 0.29% |
| Management company | Advisors Asset Management |
| Average 3-5 EPS | N/A |
| Average Annualized Return | 42.11% |
| Investment objective | Tracks an index of US large caps |
| Investment geography | North America |
| Benchmark | MSCI USA Large Cap Index |
| Leveraged | N/A |
| Median market capitalization | $44.24 billion |
| ESG rating | AA (7.32 / 10) |
| Number of holdings | 58 |
| Weighting methodology | Equal |
About the SPDV ETF
The AAM S&P 500 High Dividend Value ETF had its inception on 28 November 2017. The fund tracks the MSCI USA Large Cap Index of US equity stocks.
The fund selects S&P 500 companies with high, positive dividend free-cash-flow yields. A statistical model scores each security on its dividend and free-cash-flow yield; furthermore, the model removes outliers from the pool. Due to this modeling strategy, the index undergoes rebalancing semi-annually.
The fund invests at least 80% of its total assets in the Index securities, consisting of approximately 500 leading US-listed companies. These companies represent about 80% of the US equity market capitalization.
SPDV Fact-set analytics insight
AAM S&P 500 High Dividend Value ETF has a median market cap of $44.24 billion. The fund has total assets under management of $45.16 million. It has a price-per-earnings ratio of 21.17%. Furthermore, the fund follows an equal index weighting methodology.
The AAM S&P 500 High Dividend Value ETF has a net expense ratio of 0.29%.
SPDV performance analysis
The SPDV fund has an annualized return of 42.11% and paid dividends on 28 September 2020 of $0.02. The fund’s annual dividend yield is 2.86%.
The fund’s ESG rating is a AA or a score of 7.32 out of 10.
SPDV ETF RATING |
|||||
| Resource | ETF DATABASE | ETF.com | MarketWatch | Morningstar.com | Money.usnews.com |
| SPDV Rating | A+ | B / 49 | Quintile 1
(14th percentile) |
* | N/A |
| SPDV ESG Rating | 7.32 / 10 | AA
(7.32 / 10) |
N/A | N/A | N/A |
SPDV key holdings
The SPDV has 58 holdings, of which 99% are investing in US companies. 97.45% of the companies are US based and 1.84% in the UK.
SPDVS top five holdings by sector are: financials (18.79%), consumer cyclicals (14.36%), consumer non-cyclicals (10.69%), industrials (10.50%), and utilities (9.36%).
The top 10 companies make up 21.15% of the SPDV fund’s holdings.
| Ticker | Holding name | % of assets |
| BKR | Barker Hughes Company Class A | 2.33% |
| CTRA | Coterra Energy Inc. | 2.31% |
| CF | CF Industries Holdings, Inc. | 2.25% |
| MPC | Marathon Petroleum Corporation | 2.19% |
| WMB | Williams Petroleum Corporation, Inc. | 2.05% |
| PBCT | People’s United Financials, Inc. | 2.04% |
| RF | Regions Financial Corporation | 2.03% |
| MET | MetLife, Inc. | 2.00% |
| SPG | Simon Property Group, Inc. | 1.97% |
| TSN | Tyson Foods, Inc. Class A | 1.96% |
Industry outlook
Since April 2020, the SPDV fund has been on a bullish run and has gained over 100% value. This growth is due to the positive performance of the top ten holding companies. Furthermore, it has a low expense ratio of 0.29%, making it an affordable fund for management fees. The SPDV fund is an appealing option for investors looking for high-yield dividend-paying returns.
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