SPDR S&P Dividend ETF (SDY) Performance
SDY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +16.0% since Dec 31, 2025
- 1 year
- +16.5% total return
- 5 years
- +7.9% a year
- 10 years
- +10.1% a year
- Since first price
- +9.1% a year since 2005
SDY trailing returns vs SPY, QQQ, AGG
| Period | SDY total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +6.3% | +6.3% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.5% | +2.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.4% | +6.1% | +7.8% | +8.4% | −1.5% |
| YTD | +16.0% | +13.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +16.5% | +13.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +54.4%+15.6%/yr | +42.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +46.2%+7.9%/yr | +28.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +161.1%+10.1%/yr | +93.6% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +397.4%+11.3%/yr | +198.9% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +430.8%+8.7%/yr | +159.6% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionNov 15, 2005 | +517.5%+9.1%/yr | +194.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SDY vs SPY
From Nov 15, 2005: SDY grew to $61,746, SPY to $90,507.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SDY returns by calendar year
15 of 20 full years positive. Best 2013 (+30.1%), worst 2008 (−22.8%). 2026 is year to date.
SDY annual returns table
| Year | SDY | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +16.0% | −7.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +8.2% | −11.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +8.4% | −8.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +2.6% | −15.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −0.5% | −15.2% | −18.2% | −32.6% | −13.0% |
| 2021 | +25.3% | −6.9% | +28.7% | +27.4% | −1.8% |
| 2020 | +1.7% | −36.7% | +18.3% | +48.6% | +7.5% |
| 2019 | +23.3% | −6.0% | +31.2% | +39.0% | +8.5% |
| 2018 | −2.7% | −14.2% | −4.6% | −0.1% | +0.1% |
| 2017 | +15.8% | −2.9% | +21.7% | +32.7% | +3.6% |
| 2016 | +20.3% | −6.7% | +12.0% | +7.1% | +2.4% |
| 2015 | −0.8% | −10.6% | +1.2% | +9.4% | +0.5% |
| 2014 | +13.8% | −5.5% | +13.5% | +19.2% | +6.0% |
| 2013 | +30.1% | −6.9% | +32.3% | +36.6% | −2.0% |
| 2012 | +11.6% | −6.6% | +16.0% | +18.1% | +3.8% |
| 2011 | +7.1% | −16.1% | +1.9% | +3.4% | +7.7% |
| 2010 | +16.4% | −11.9% | +15.1% | +19.9% | +6.4% |
| 2009 | +19.2% | −34.2% | +26.4% | +54.7% | +3.0% |
| 2008 | −22.8% | −36.1% | −36.8% | −41.7% | +7.9% |
| 2007 | −6.7% | −15.0% | +5.1% | +19.0% | +6.6% |
| 2006 | +17.7% | −4.7% | +15.8% | +7.1% | +3.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SDY largest drawdowns
Now 1.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 1, 2007 | −54.8% | Mar 9, 2009 | Apr 28, 2011 | 1.8 years | 3.9 years |
| Feb 14, 2020 | −36.7% | Mar 23, 2020 | Nov 24, 2020 | 38 days | 9 months |
| Jul 7, 2011 | −16.1% | Aug 8, 2011 | Dec 27, 2011 | 32 days | 6 months |
| Aug 16, 2022 | −15.2% | Sep 30, 2022 | Dec 2, 2022 | 45 days | 4 months |
| Feb 2, 2023 | −15.0% | Oct 27, 2023 | Mar 12, 2024 | 9 months | 1.1 years |
| Nov 29, 2024 | −14.4% | Apr 8, 2025 | Aug 13, 2025 | 4 months | 8 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SDY risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2005 |
|---|---|---|---|---|
| Annualized return | +11.3% | +7.3% | +8.9% | +8.7% |
| Volatility (annualized) | 12.4% | 14.6% | 14.7% | 14.8% |
| Sharpe ratio | 0.58 | 0.31 | 0.50 | — |
| Sortino ratio | 0.88 | 0.46 | 0.73 | — |
| Best month | +6.9% | +10.3% | +12.3% | +13.6% |
| Worst month | −7.5% | −9.3% | −15.3% | −15.3% |
| Best 12 months | +26.7% | +26.7% | +52.4% | +61.1% |
| Worst 12 months | +0.4% | −6.6% | −17.3% | −38.0% |
| Positive months | 61% | 55% | 64% | 65% |
| Beta vs S&P 500 | 0.54 | 0.69 | 0.80 | — |
| Correlation with S&P 500 | 0.54 | 0.74 | 0.83 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SDY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 240 | −38.0% | +11.0% | +61.1% | 82% |
| 3-year (a year) | 216 | −14.8% | +10.7% | +27.1% | 89% |
| 5-year (a year) | 192 | +0.2% | +10.6% | +23.7% | 100% |
| 10-year (a year) | 132 | +7.1% | +10.2% | +17.2% | 100% |
Every holding period starting at a month-end since 2005. Returns for 3 years and longer are annualized.
SDY performance overview
SPDR S&P Dividend ETF (SDY) returned +16.5% over the past year and +10.1% a year over ten years, with distributions reinvested. Since its first recorded price in 2005 it has returned +9.1% a year, turning $10,000 into about $61,746. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −54.8%, from Jun 1, 2007 to Mar 9, 2009, and it took 2.1 years to get back to the old high. SDY finished 15 of its 20 full calendar years with a gain; the best year was 2013 (+30.1%) and the worst 2008 (−22.8%). Volatility has been 14.8% a year.
Related: SDY chart, SDY holdings, SDY dividends, SDY valuation. See the SDY overview for the latest quote and fund facts.
SDY performance FAQ
What is the SDY return over the past year?
SDY returned +16.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 13.5%.
What is the average annual return of SDY?
SDY has returned +7.9% a year over 5 years, +10.1% a year over 10 years, +9.1% a year since November 15, 2005 (total return, distributions reinvested).
How much would $10,000 invested in SDY be worth?
$10,000 invested in SDY at its first recorded close on November 15, 2005 would be worth about $61,746 on October 23, 2026 with distributions reinvested.
What was the worst year for SDY?
The worst calendar year was 2008, with a total return of −22.8%. The best was 2013 at +30.1%.
What is the biggest drawdown of SDY?
The largest peak-to-trough decline was −54.8% between June 1, 2007 and March 9, 2009. It recovered to the old high on April 28, 2011, 2.1 years after the bottom.
How volatile is SDY?
Over the past 3 years SDY had an annualized volatility of 12.4% and a Sharpe ratio of 0.58 (excess return over 1–3 month T-bills per unit of risk).