RAFE vs SPY

PIMCO RAFI ESG U.S. ETF compared with State Street SPDR S&P 500 ETF Trust on yield, payout growth, payment schedule, cost and risk.

RAFE

PIMCO RAFI ESG U.S. ETF

1.42%

TTM yield · Quarterly

VS

SPY

State Street SPDR S&P 500 ETF Trust

0.98%

TTM yield · Quarterly

Quick take

Generated from the latest data on both pages. Not a recommendation.

Side by side

MetricRAFESPY
Share price$50.58$765.96
TTM yield1.42%0.98%
Forward yield1.50%0.99%
Annual payout per share$0.76$7.616
Payment frequencyQuarterlyQuarterly
Next ex-dateSep 30, 2026 (est.)Sep 17, 2026 (est.)
Expense ratio0.09%
1-year payout growth+5.9%+5.0%
5-year payout CAGR+8.0%+6.2%
Consecutive years of increases0 years12 years
Payout consistency (last 12)92/10093/100
1-year total return+29.9%+19.9%
1-year price return+28.1%+18.7%
Size (market cap / AUM)811.9B
Years paying6.733.5
Sector / categoryLarge Blend

✓ 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

RAFESPY
Shares197.713.1
Income per year$150$99
Income per month (avg)$13$8

At forward yields, before taxes. Model RAFE · Model SPY

Next payments

Ex-datePay datePer shareStatus
RAFE Sep 30, 2026Oct 14, 2026$0.19Est.
RAFE Dec 30, 2026Jan 13, 2027$0.19Est.
RAFE Mar 31, 2027Apr 14, 2027$0.19Est.
SPY Sep 17, 2026Oct 1, 2026$1.904Est.
SPY Dec 17, 2026Dec 31, 2026$1.904Est.
SPY Mar 18, 2027Apr 1, 2027$1.904Est.

Annual payouts per share

RAFESPY

Annual dividend per share, RAFE vs SPY, 2019 to 2026SPYRAFE$0.00$4.00$8.00RAFE 2019: $0.02SPY 2019: $5.6192019RAFE 2020: $0.61SPY 2020: $5.6912020RAFE 2021: $0.47SPY 2021: $5.7152021RAFE 2022: $0.62SPY 2022: $6.322022RAFE 2023: $0.59SPY 2023: $6.6332023RAFE 2024: $0.65SPY 2024: $7.0662024RAFE 2025: $0.70SPY 2025: $7.2812025RAFE 2026 (YTD): $0.38SPY 2026 (YTD): $3.7012026 YTD

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, RAFE or SPY?

RAFE currently has the higher trailing yield: RAFE yields 1.42% and SPY yields 0.98%. Yield changes daily with price, so check the live figures above.

How often do RAFE and SPY pay?

RAFE pays every quarter and SPY pays every quarter. RAFE's next ex-date is Sep 30, 2026 and SPY's is Sep 17, 2026.

Which has grown its dividend faster, RAFE or SPY?

RAFE has grown its payout faster: 8.0%/yr vs 6.2%/yr over the last 5 years.

Is RAFE or SPY better for income?

It depends on what you are optimising for. RAFE and SPY 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.

Related comparisons

RAFE dividend history →
SPY dividend history →

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