SDY Stock Summary and Trading Ideas (SPDR S&P Dividend ETF | ARCA:SDY)

The SPDR S&P Dividend ETF before expenses seeks to closely match the returns and characteristics of the S&P High Yield Dividend Aristocrats Index (ticker: SPHYDATR).

SPDR S&P Dividend ETF trades on the ARCA stock market under the symbol SDY.

As of May 9, 2024, SDY stock price climbed to $130.97 with 390,253 million shares trading.

SDY has a beta of 0.71, meaning it tends to be less sensitive to market movements. SDY has a correlation of 0.52 to the broad based SPY ETF.

SDY has a market cap of $20.67 billion. This is considered a Large Cap stock.

In the last 3 years, SDY stock traded as high as $133.22 and as low as $109.87.

SDY has underperformed the market in the last year with a price return of +9.2% while the SPY ETF gained +27.7%. However, in the short term, SDY had mixed performance relative to the market. It has outperformed in the last 3 months, returning +6.8% vs +4.7% return in SPY. But in the last 2 weeks, SDY shares have been beat by the market, returning +2.0% compared to an SPY return of +2.9%.

SDY support price is $129.02 and resistance is $130.78 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SDY stock will trade within this expected range on the day.