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DIVL vs SPYD

Madison Dividend Value ETF vs State Street SPDR Portfolio S&P 500 High Dividend ETF

DIVL

Madison Dividend Value ETF

Madison Asset Management, LLC

Annual cost

0.65%

Fund size

$62M

SPYD

State Street SPDR Portfolio S&P 500 High Dividend ETF

State Street Investment Management

Annual cost

0.07%

Fund size

$7.4B

Key differences

  • SPYD costs 0.58% less per year.
  • SPYD is significantly larger than DIVL — larger funds tend to be more liquid and less likely to close.
  • DIVL covers global markets; SPYD covers north america.
  • DIVL follows a active selection strategy; SPYD uses index tracking.
  • SPYD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

DIVLSPYD
Annual cost (TER)0.65%0.07%
Fund size (AUM)$62M$7.4B
Since20232015
Dividend yield1.68%4.23%
Asset classequityequity
Regionglobalnorth america
Strategyactive selectionindex tracking
CAGR 1Y+17.2%+18.8%
CAGR 3YN/A+14.8%
CAGR 5YN/A+6.9%
Sharpe 3YN/A0.78
Volatility 1Y10.56%11.72%
Max drawdown-14.06%-46.42%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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