AAM S&P 500 High Dividend Value ETF (SPDV) Performance
SPDV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +23.1% since Dec 31, 2025
- 1 year
- +24.1% total return
- 5 years
- +10.3% a year
- Since first price
- +9.7% a year since 2017
SPDV trailing returns vs SPY, QQQ, AGG
| Period | SPDV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +4.7% | +4.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +5.0% | +4.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +12.1% | +10.2% | +7.8% | +8.4% | −1.5% |
| YTD | +23.1% | +20.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +24.1% | +19.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +79.2%+21.5%/yr | +59.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +63.5%+10.3%/yr | +35.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionNov 29, 2017 | +128.4%+9.7%/yr | +64.4% | — | — | — |
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: SPDV vs SPY
From Nov 29, 2017: SPDV grew to $22,836, SPY to $33,202.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SPDV returns by calendar year
5 of 8 full years positive. Best 2021 (+29.5%), worst 2018 (−6.6%). 2026 is year to date.
SPDV annual returns table
| Year | SPDV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +23.1% | −7.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +10.9% | −17.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +14.4% | −8.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +5.5% | −15.8% | +26.2% | +54.9% | +5.7% |
| 2022 | −2.3% | −21.3% | −18.2% | −32.6% | −13.0% |
| 2021 | +29.5% | −9.6% | +28.7% | +27.4% | −1.8% |
| 2020 | −6.1% | −43.8% | +18.3% | +48.6% | +7.5% |
| 2019 | +20.5% | −9.0% | +31.2% | +39.0% | +8.5% |
| 2018 | −6.6% | −18.5% | −4.6% | −0.1% | +0.1% |
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.
SPDV largest drawdowns
Now 0.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 17, 2020 | −43.8% | Mar 23, 2020 | Feb 8, 2021 | 2 months | 1.1 years |
| Apr 20, 2022 | −21.3% | Sep 30, 2022 | Mar 11, 2024 | 5 months | 1.9 years |
| Nov 29, 2024 | −18.6% | Apr 8, 2025 | Aug 22, 2025 | 4 months | 9 months |
| Sep 21, 2018 | −18.5% | Dec 24, 2018 | Oct 29, 2019 | 3 months | 1.1 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SPDV risk statistics
| Statistic | 3 years | 5 years | Since 2017 |
|---|---|---|---|
| Annualized return | +16.9% | +9.6% | +8.8% |
| Volatility (annualized) | 14.0% | 16.4% | 18.4% |
| Sharpe ratio | 0.87 | 0.43 | 0.42 |
| Sortino ratio | 1.43 | 0.65 | 0.60 |
| Best month | +7.3% | +12.3% | +14.8% |
| Worst month | −6.9% | −10.7% | −21.8% |
| Best 12 months | +33.3% | +33.3% | +66.0% |
| Worst 12 months | +2.7% | −13.5% | −26.7% |
| Positive months | 64% | 57% | 61% |
| Beta vs S&P 500 | 0.70 | 0.76 | — |
| Correlation with S&P 500 | 0.62 | 0.72 | — |
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.
SPDV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 96 | −26.7% | +6.7% | +66.0% | 70% |
| 3-year (a year) | 72 | +0.7% | +8.8% | +21.5% | 100% |
| 5-year (a year) | 48 | +3.8% | +8.8% | +16.7% | 100% |
Every holding period starting at a month-end since 2017. Returns for 3 years and longer are annualized.
SPDV performance overview
AAM S&P 500 High Dividend Value ETF (SPDV) returned +24.1% over the past year and +10.3% a year over five years, with distributions reinvested. Since its first recorded price in 2017 it has returned +9.7% a year, turning $10,000 into about $22,836. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −43.8%, from Jan 17, 2020 to Mar 23, 2020, and it took 11 months to get back to the old high. SPDV finished 5 of its 8 full calendar years with a gain; the best year was 2021 (+29.5%) and the worst 2018 (−6.6%). Volatility has been 18.4% a year.
Related: SPDV chart, SPDV holdings, SPDV dividends, SPDV valuation. See the SPDV overview for the latest quote and fund facts.
SPDV performance FAQ
What is the SPDV return over the past year?
SPDV returned +24.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 19.8%.
What is the average annual return of SPDV?
SPDV has returned +10.3% a year over 5 years, +9.7% a year since November 29, 2017 (total return, distributions reinvested).
How much would $10,000 invested in SPDV be worth?
$10,000 invested in SPDV at its first recorded close on November 29, 2017 would be worth about $22,836 on October 23, 2026 with distributions reinvested.
What was the worst year for SPDV?
The worst calendar year was 2018, with a total return of −6.6%. The best was 2021 at +29.5%.
What is the biggest drawdown of SPDV?
The largest peak-to-trough decline was −43.8% between January 17, 2020 and March 23, 2020. It recovered to the old high on February 8, 2021, 11 months after the bottom.
How volatile is SPDV?
Over the past 3 years SPDV had an annualized volatility of 14.0% and a Sharpe ratio of 0.87 (excess return over 1–3 month T-bills per unit of risk).