PEY vs SDY
Invesco High Yield Equity Dividend Achievers ETF compared with State Street SPDR S&P Dividend ETF on yield, payout growth, payment schedule, cost and risk.
PEY
Invesco High Yield Equity Dividend Achievers ETF
TTM yield · Monthly
SDY
State Street SPDR S&P Dividend ETF
TTM yield · Quarterly
Quick take
- PEY yields more today: 4.28% vs 2.50% (forward).
- SDY has grown its payout faster: 8.5%/yr vs 6.3%/yr over the last 5 years.
- PEY pays every month; SDY pays every quarter.
- Over the last year PEY delivered the higher total return: +18.3% vs +12.1% (price change plus payouts).
- SDY is cheaper to own: 0.35% vs 0.54% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | PEY | SDY |
|---|---|---|
| Share price | $24.35 | $154.65 |
| TTM yield | 4.28% | 2.41% |
| Forward yield | 4.28% | 2.50% |
| Annual payout per share | $1.041 | $3.872 |
| Payment frequency | Monthly | Quarterly |
| Next ex-date | Sep 21, 2026 (est.) | Sep 21, 2026 (est.) |
| Expense ratio | 0.54% | 0.35% |
| 1-year payout growth | +8.1% | +4.8% |
| 5-year payout CAGR | +6.3% | +8.5% |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 92/100 | 89/100 |
| 1-year total return | +18.3% | +12.1% |
| 1-year price return | +13.4% | +9.4% |
| Size (market cap / AUM) | 1.2B | 21.8B |
| Years paying | 21.7 | 20.7 |
| Sector / category | Mid-Cap Value | Mid-Cap Value |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| PEY | SDY | |
|---|---|---|
| Shares | 410.7 | 64.7 |
| Income per year | $428 | $250 |
| Income per month (avg) | $36 | $21 |
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| PEY Sep 21, 2026 | Sep 25, 2026 | $0.0867 | Est. |
| PEY Oct 19, 2026 | Oct 23, 2026 | $0.0867 | Est. |
| PEY Nov 16, 2026 | Nov 20, 2026 | $0.0867 | Est. |
| SDY Sep 21, 2026 | Oct 5, 2026 | $0.968 | Est. |
| SDY Dec 21, 2026 | Jan 4, 2027 | $0.968 | Est. |
| SDY Mar 22, 2027 | Apr 5, 2027 | $0.968 | Est. |
Annual payouts per share
PEYSDY
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, PEY or SDY?
PEY currently has the higher trailing yield: PEY yields 4.28% and SDY yields 2.41%. Yield changes daily with price, so check the live figures above.
How often do PEY and SDY pay?
PEY pays every month and SDY pays every quarter. PEY's next ex-date is Sep 21, 2026 and SDY's is Sep 21, 2026.
Which has grown its dividend faster, PEY or SDY?
SDY has grown its payout faster: 8.5%/yr vs 6.3%/yr over the last 5 years.
Is PEY or SDY better for income?
It depends on what you are optimising for. PEY and SDY differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.