Peers · etf
SPYD Alternatives
The closest SPYD alternative is HDV (3.05% yield, 7.6/10 safety), followed by SCHD and DIVO. All 6 sit in the same category as SPYD (4.54% yield, 6.8/10 safety) and are ranked below on how closely they match it.
The closest alternative to SPYD in our universe is HDV — 1.49% higher yield than SPYD (3.05% vs 4.54%) and a 7.6/10 safety score compared to SPYD's 6.8/10. Across all 6 peers, yields range from 1.98% to 3.24% and safety scores range from 7.3 to 8.1/10.
Switching from SPYD to a peer is not always straightforward — a higher yield peer often carries a lower safety score, and vice versa. Tax treatment can diverge too: check whether SPYD dividends are qualified before assuming a peer's headline yield is comparable after tax. The table below ranks each alternative by how closely it matches SPYD on both dimensions simultaneously, so you can see the full yield-vs-safety tradeoff at a glance.
Closest matches
| Ticker | Yield | Safety | How it differs from SPYD |
|---|---|---|---|
| HDV · iShares Core High Dividend ETF | 3.05% | 7.6/10 · Solid | 1.49% yield gap (lower) |
| SCHD · Schwab U.S. Dividend Equity ETF | 3.24% | 7.9/10 · Solid | 1.30% yield gap (lower) |
| DIVO · Amplify CWP Enhanced Dividend Income ETF | 2.33% | 7.3/10 · Solid | 2.21% yield gap (lower) |
| VYM · Vanguard High Dividend Yield ETF | 2.37% | 7.9/10 · Solid | 2.17% yield gap (lower) |
| VEA · Vanguard FTSE Developed Markets ETF | 2.41% | 8.1/10 · Strong | 2.13% yield gap (lower) |
| DGRO · iShares Core Dividend Growth ETF | 1.98% | 7.6/10 · Solid | 2.56% yield gap (lower) |
Frequently asked questions
What are the best SPYD alternatives?
The closest SPYD alternatives are HDV, SCHD, DIVO — all in the same category with comparable yield and dividend safety. HDV is the single closest match at 3.05% yield and 7.6/10 safety, versus 4.54% and 6.8/10 for SPYD.
Is there a higher-yielding alternative to SPYD?
None of the 6 peers we track yield more than SPYD's 4.54%. If you want more income than SPYD produces, you would need to move outside its sector — usually at the cost of a lower dividend safety score.
What ETFs are similar to SPYD?
We rank 6 similar ETFs for SPYD: HDV, SCHD, DIVO, VYM, VEA, DGRO. Each is matched on sector, yield zone, and a 0-10 dividend safety score, then ranked by how closely it tracks SPYD on both dimensions at once.
Which of these do you already own?
Connect your brokerage in 60 seconds — Infnits flags which of these peer tickers duplicate exposure you already have, and which would actually diversify SPYD.