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|
|Inception date||28 November 2017|
|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|
|Median market capitalization||$44.24 billion|
|ESG rating||AA (7.32 / 10)|
|Number of holdings||58|
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
|SPDV Rating||A+||B / 49||Quintile 1
|SPDV ESG Rating||7.32 / 10||AA
(7.32 / 10)
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%|
|SPG||Simon Property Group, Inc.||1.97%|
|TSN||Tyson Foods, Inc. Class A||1.96%|
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.