AAM S&P 500 High Dividend Value ETF (SPDV)
ARCA ARCA Primary 
Dividend Safety Check: SPDV and the High-Dividend Value Approach
The AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) screens the S&P 500 for stocks combining the highest yields with the strongest value characteristics, then caps sector exposure to prevent concentration in utilities and REITs.
Retirees and Income Investors Get Paid Monthly, Plus 20% Gains With This ETF
The AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) generates income by holding dividend-paying stocks.
SPDV: Are Improved Fundamentals And A Higher Expected Yield Good Enough?
SPDV is comprised of 5 stocks from each of the 11 GICS sectors, with selections based on dividend yield and free cash flow yield. I estimate a 3.88% forward yield. Total returns since its inception were poor, with my previous review revealing low growth and low quality. However, those metrics have improved, resulting in an upgraded "hold" rating. Even so, SPDV has quality deficiencies compared to the 3.86%-yielding SCHD, and its dividend growth features are poor and inconsistent due to its reconstitution process.
