Key stats
About AAM S&P 500 High Dividend Value ETF
Expense ratio
0.29%
Home page
Inception date
Nov 28, 2017
SPDV follows an index of US companies that screens for fundamental factors. Index construction begins by selecting companies from the S&P500 index with high, positive dividend and free-cash-flow yields. Outliers are removed from the selection pool. Using a statistical normalization model, each security is scored based on its dividend and free-cash-flow yields. The top five constituents are selected from each sector and weighted equally. Diversifying the portfolio across economic sectors in this manner should help avoid value traps, though it also means that SPDV will underweight the largest sectors while overweighting the smallest. The index is reconstituted semi-annually.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.