FVD vs SPYD: Yield, Cost and Returns Compared
As of Nov 5, 2026, SPYD yields more: 4.11% (dividend yield) against 2.17% for FVD. SPYD is cheaper to own at 0.07% a year vs 0.62%. Over the same 11 years (Oct 2015 to Oct 2026), SPYD returned 9.5% a year with distributions reinvested, and FVD 9.4%.
SPYDState Street SPDR Portfolio S&P 500 High Dividend ETF4.11%dividend yield| Compared | FVD | SPYD |
|---|---|---|
| YieldDividend yield | 2.17% | 4.11% |
| Expense ratio | 0.62% | 0.07% |
| Total return, 1 yr | +15.1% | +20.6% |
| Total return, 3 yr (a year) | +14.1% | +18.7% |
| Total return, 5 yr (a year) | +6.6% | +8.7% |
| Total return, 10 yr (a year) | +9.1% | +8.9% |
| Worst drop since Oct 2015 | -22.6% | -36.6% |
| Share price since Oct 2015 | +109% | +63% |
| Pays | Quarterly | Quarterly |
| Issuer | First Trust | State Street Investment Management |
| Assets | $8.1B | $7.6B |
| Started | 2003 | 2015 |
| Type | Mid-Cap Value | Mid-Cap Value |
Higher yield
SPYD
4.11%
Lower cost
SPYD
0.07%
Better total return
SPYD
9.5%/yr
Smaller worst drop
FVD
-22.6%
Key facts: FVD vs SPYD
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, FVD yields 2.17% (dividend yield) and SPYD yields 4.11% (dividend yield).
- FVD's expense ratio is 0.62% and SPYD's is 0.07%: $62 vs $7 a year on $10,000.
- From Oct 2015 to Oct 2026, $10,000 in FVD grew to $26,788 (9.4% a year) and $10,000 in SPYD to $27,105 (9.5% a year), distributions reinvested.
- Their worst month-end drops over that time: -22.6% for FVD and -36.6% for SPYD.
- 0 of FVD's top ten holdings are also in SPYD's top ten.
Cite this page
SmarterDividends, "FVD vs SPYD: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/fvd-vs-spyd
$10,000 in each, Oct 2015 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
FVD became
$26,788
9.4% a year
SPYD became
$27,105
9.5% a year
Year by year
| Year | FVD | SPYD |
|---|---|---|
| 2025 | +8.2% | +4.6% |
| 2024 | +10.0% | +15.3% |
| 2023 | +4.1% | +3.9% |
| 2022 | −5.3% | −1.2% |
| 2021 | +25.1% | +32.7% |
| 2020 | −0.0% | −11.6% |
| 2019 | +26.5% | +21.2% |
| 2018 | −3.5% | −4.9% |
| 2017 | +12.4% | +12.7% |
| 2016 | +20.0% | +24.6% |
Total return each calendar year, distributions reinvested.
Top holdings
No overlap in the top ten.
FVD
- LECO Lincoln Electric Holdings Inc0.5%
- PPG PPG Industries Inc0.5%
- LHX L3Harris Technologies Inc0.4%
- AON Aon PLC Class A0.4%
- EMR Emerson Electric Co0.4%
- NVS Novartis AG ADR0.4%
- LOW Lowe's Companies Inc0.4%
- RPM RPM International Inc0.4%
- WMB Williams Companies Inc0.4%
- GILD Gilead Sciences Inc0.4%
SPYD
- ACN Accenture PLC Class A2.4%
- HAS Hasbro Inc1.7%
- PFE Pfizer Inc1.6%
- CVX Chevron Corp1.6%
- MDT Medtronic PLC1.5%
- SWK Stanley Black & Decker Inc1.5%
- EOG EOG Resources Inc1.5%
- HPQ HP Inc1.5%
- CCI Crown Castle Inc1.5%
- AMT American Tower Corp1.4%
FVD vs SPYD: questions
Is FVD or SPYD better?
It depends on the job. SPYD pays more today (4.11% vs 2.17%), SPYD costs less, and SPYD has the better total return over Oct 2015 to Oct 2026, with FVD holding up better in its worst stretch. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.
Which pays a higher dividend, FVD or SPYD?
SPYD, at 4.11% against 2.17% for FVD as of Nov 5, 2026. On $10,000 that's about $411 vs $217 a year at today's rates.
Which has the better total return?
SPYD. From Oct 2015 to Oct 2026, it returned 9.5% a year with distributions reinvested, against 9.4% for FVD. $10,000 became $27,105 vs $26,788.
Which is cheaper, FVD or SPYD?
SPYD, with a 0.07% expense ratio against 0.62%.
Do FVD and SPYD hold the same things?
Not at the top: none of their top ten holdings match.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. SPYD leads on 5 of 8 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.