State Street SPDR S&P Dividend ETF (SDY)

State Street SPDR S&P Dividend ETF (SDY) is an exchange-traded fund in the Mid Cap Value category. It has $21.39B in assets, an expense ratio of 0.35% and a 2.45% dividend yield. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of the highest dividend yielding S&P Composite 1500® Index constituents that have followed a managed-dividends policy of consistently increasing dividends every year for at least 20 consecutive years.