The SPDR Portfolio S&P 500 High Dividend ETF tracks an index of the 80 highest-yielding stocks selected from the S&P 500. Stocks are equally weighted.
Any reason you want these in the Freetrade universe? You’ve posted a few request but I know nothing about them. Why do you think people should invest in any of these?
1 Like
Some investors wanna ETF focused on Growth some of them looking for ETF focused on Value and some of them are looking for ETF focused on dividends. These ETF are focused on Dividends.
2 Likes
To what extent do you think this ETF complements (or not) the existing distributing S&P 500 ETFs already on Freetrade? The currency risk exists in both scenarios.
If we compare SPY and SPYD they are different
SPY ETF is market-cap-weighted index conditions (market-cap only)
SPYD ETF is dividend equival weighetd index conditioons (dividend yeld only)
Currency risks by long-tern investment are irrelevant if you use DCA.
SPYD is a USD denominated ETF hence cannot be offered in the UK. Maybe £USDV could be a close alternative? It is also the S&P based high dividend yield ETF.
1 Like