SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG)
ARCA ARCA Primary 
SPDG: This Relatively New ETF May Be SCHD's Suitable Replacement As A Core Holding
SCHD remains a reliable income ETF but has underperformed the S&P 500 and peers due to lower tech exposure and recent portfolio changes. Despite SCHD's attractive 3.81% yield and low P/E, some investors may seek alternatives with higher growth potential. SPDR Portfolio S&P Sector Neutral Dividend ETF offers a strong tech weighting (31%) and a competitive 2.81% yield.
SPDG: Showing Promising Initial Dividend Growth And Performance
SPDG outperformed the S&P 500 Index on a total return basis, offering a competitive 3.27% SEC yield and a low expense ratio of 0.05%. The ETF's AUM grew from under $5.5 million to over $10 million, showing increased investor interest, but that's still very low AUM. SPDG's portfolio avoids the "Magnificent 7" tech stocks, providing diversification and stability, with a forward P/E of 14.8x, indicating a value-oriented approach.
