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 April 25, 2024, SDY stock price declined to $127.90 with 227,032 million shares trading.

SDY has a beta of 0.72, 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 $20.25 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 stock has underperformed the market in the last year with a return of +5.2%, while SPY returned +23.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SDY shares. However, SDY has outperformed the market in the last 3 month and 2 week periods, returning +5.2% and 0.0%, while SPY returned +4.1% and -2.1%, respectively. This indicates SDY has been having a stronger performance recently.

SDY support price is $127.41 and resistance is $129.49 (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.