DIVD vs SPY
Altrius Global Dividend ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. DIVD delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | DIVD | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.09% | |
| AUM | $22M | $821.1B | |
| Dividend Yield | 3.08% | 1.01% | |
| Holdings | 65 | 505 | |
| YTD Return | +18.03% | +14.24% | |
| 1Y Return | +27.25% | +21.71% | |
| 3Y Return (annualized) | +18.06% | +22.10% | |
| 5Y Return (annualized) | - | +13.21% | |
| Volatility (annualized) | 13.6% | 15.3% | |
| Max Drawdown | -13.9% | -56.5% | |
| Fund Family | Altrius Funds | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Sep 29, 2022 | Jan 22, 1993 |
DIVD vs SPY Performance
Altrius Global Dividend ETF (DIVD) is a ETF from Altrius Funds and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year DIVD returned +27.25% while SPY returned +21.71%. Year to date, DIVD is up 18.03% versus a gain of 14.24% for SPY.
Over three years, DIVD compounded at +18.06% per year against +22.10% for SPY. Across the full 4-year window we track, DIVD has the edge at +20.89% annualized vs +8.86%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 13.6% for DIVD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -13.9% for DIVD and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DIVD charges 0.49% per year while SPY charges 0.09%. On a $10,000 position that is $49 vs $9 annually, a gap of $40 per year that compounds over a long holding period. On income, DIVD currently yields 3.08% against 1.01% for SPY.
Holdings Overlap
DIVD and SPY share 5 holdings out of 506 unique holdings combined, representing a 1.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DIVD or SPY?
DIVD has an expense ratio of 0.49% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $40 per year of difference.
Which performed better, DIVD or SPY?
Over the past year DIVD returned +27.25% vs +21.71% for SPY, so DIVD leads on 1-year performance. Over the longest common window we track (4 years), DIVD annualized +20.89% vs +8.86% for SPY. Past performance does not guarantee future results.
Which is riskier, DIVD or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 13.6% for DIVD. Worst drawdown: DIVD -13.9% vs SPY -56.5%.
Should I hold both DIVD and SPY?
DIVD and SPY have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DIVD and SPY?
DIVD and SPY share 5 common holdings with a 1.3% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, DIVD or SPY?
DIVD yields 3.08% while SPY yields 1.01%, so DIVD currently pays the higher dividend yield.
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