SPYD Fees and Costs — State Street(R) SPDR(R) Portfolio S&P 500(R) High Dividend ETF
Data updated: 2026-09-11
The net expense ratio is 0.07%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $440K in broker commissions, 0.0060% of average net assets, and portfolio turnover was 29%.
SPYD Fees and Expenses
Annual operating expenses and sales charges of SPYD. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.07% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.07% |
| Fee waiver | — |
| Net expense ratio | 0.07% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
SPYD Costs Over Time
On $10,000 invested in SPYD, assuming 5% a year before costs, total costs come to $48 over 5 years, cutting the return by 0.08% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.07%) | $7 | $23 | $41 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $1 | $4 |
| Total costs | $8 | $26 | $48 |
| Value after costs | $10,492 | $11,550 | $12,714 |
| Impact on return, per year | 0.08% | 0.08% | 0.08% |
SPYD Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0060%
- Total broker commissions: $440K
- Bought from dealers (principal trades, not a cost): $1.3B
- Portfolio turnover (prospectus): 29%
- Securities on loan, average value: $64.2M
- Net income from securities lending: $197K (0.003% of average net assets)
SPYD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc. | $237K | 55.89% |
| UBS Securities LLC | $110K | 25.91% |
| Morgan Stanley & Co. LLC | $23K | 5.46% |
| Citigroup Global Markets Inc. | $13K | 3.14% |
| Fidelity Brokerage Services LLC | $10K | 2.25% |
| Nomura Securities International, Inc. | $9K | 2.08% |
| Virtu Americas LLC | $8K | 1.87% |
| BofA Securities, Inc. | $7K | 1.61% |
| Academy Securities, Inc. | $4K | 0.98% |
| J.P. Morgan Securities LLC | $3K | 0.82% |
SPYD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $1.3B | 100.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.