SDY vs SMIG
State Street SPDR S&P Dividend ETF compared with Bahl & Gaynor Small/Mid Cap Income Growth ETF on yield, payout growth, payment schedule, cost and risk.
SDY
State Street SPDR S&P Dividend ETF
TTM yield · Quarterly
SMIG
Bahl & Gaynor Small/Mid Cap Income Growth ETF
TTM yield · Monthly
Quick take
- SDY yields more today: 2.50% vs 1.68% (forward).
- SMIG has grown its payout faster: 5.6%/yr vs 5.4%/yr over the last 3 years.
- SDY pays every quarter; SMIG pays every month.
- Over the last year SDY delivered the higher total return: +12.0% vs +10.6% (price change plus payouts).
- SDY is cheaper to own: 0.35% vs 0.60% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | SDY | SMIG |
|---|---|---|
| Share price | $154.63 | $32.49 |
| TTM yield | 2.41% | 1.68% |
| Forward yield | 2.50% | 1.68% |
| Annual payout per share | $3.872 | $0.547 |
| Payment frequency | Quarterly | Monthly |
| Next ex-date | Sep 21, 2026 (est.) | Sep 26, 2026 (est.) |
| Expense ratio | 0.35% | 0.60% |
| 1-year payout growth | +4.8% | +3.2% |
| 5-year payout CAGR | +8.5% | — |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 89/100 | 95/100 |
| 1-year total return | +12.0% | +10.6% |
| 1-year price return | +9.4% | +8.8% |
| Size (market cap / AUM) | 21.8B | 1.5B |
| Years paying | 20.7 | 4.9 |
| 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
| SDY | SMIG | |
|---|---|---|
| Shares | 64.7 | 307.8 |
| Income per year | $250 | $168 |
| Income per month (avg) | $21 | $14 |
At forward yields, before taxes. Model SDY · Model SMIG
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| 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. |
| SMIG Sep 26, 2026 | Oct 10, 2026 | $0.0456 | Est. |
| SMIG Oct 25, 2026 | Nov 8, 2026 | $0.0456 | Est. |
| SMIG Nov 23, 2026 | Dec 7, 2026 | $0.0456 | Est. |
Annual payouts per share
SDYSMIG
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, SDY or SMIG?
SDY currently has the higher trailing yield: SDY yields 2.41% and SMIG yields 1.68%. Yield changes daily with price, so check the live figures above.
How often do SDY and SMIG pay?
SDY pays every quarter and SMIG pays every month. SDY's next ex-date is Sep 21, 2026 and SMIG's is Sep 26, 2026.
Which has grown its dividend faster, SDY or SMIG?
SMIG has grown its payout faster: 5.6%/yr vs 5.4%/yr over the last 3 years.
Is SDY or SMIG better for income?
It depends on what you are optimising for. SDY and SMIG 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.