SPY vs SPYM
State Street SPDR S&P 500 ETF Trust compared with State Street SPDR Portfolio S&P 500 ETF on yield, payout growth, payment schedule, cost and risk.
SPY
State Street SPDR S&P 500 ETF Trust
TTM yield · Quarterly
SPYM
State Street SPDR Portfolio S&P 500 ETF
TTM yield · Quarterly
Quick take
- SPYM yields more today: 1.05% vs 0.99% (forward).
- SPYM has grown its payout faster: 6.2%/yr vs 6.0%/yr over the last 5 years.
- Both pay every quarter.
- SPY has the longer streak of annual increases: 12 years vs 0.
- Over the last year SPYM delivered the higher total return: +17.3% vs +15.2% (price change plus payouts).
- SPYM is cheaper to own: 0.02% vs 0.09% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | SPY | SPYM |
|---|---|---|
| Share price | $759.97 | $90.99 |
| TTM yield | 1.00% | 1.00% |
| Forward yield | 0.99% | 1.05% |
| Annual payout per share | $7.556 | $0.956 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Dec 18, 2026 (est.) | Dec 11, 2026 (est.) |
| Expense ratio | 0.09% | 0.02% |
| 1-year payout growth | +4.5% | +0.2% |
| 5-year payout CAGR | +6.0% | +6.2% |
| Consecutive years of increases | 12 years | 0 years |
| Payout consistency (last 12) | 94/100 | 93/100 |
| 1-year total return | +15.2% | +17.3% |
| 1-year price return | +14.1% | +16.1% |
| Size (market cap / AUM) | 809.2B | 173.6B |
| Years paying | 33.6 | 20.8 |
| Sector / category | Large Blend | Large 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
| SPY | SPYM | |
|---|---|---|
| Shares | 13.2 | 109.9 |
| Income per year | $99 | $105 |
| Income per month (avg) | $8 | $9 |
At forward yields, before taxes. Model SPY · Model SPYM
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| SPY Dec 18, 2026 | Jan 1, 2027 | $1.889 | Est. |
| SPY Mar 19, 2027 | Apr 2, 2027 | $1.889 | Est. |
| SPY Jun 18, 2027 | Jul 2, 2027 | $1.889 | Est. |
| SPYM Dec 11, 2026 | Dec 25, 2026 | $0.239 | Est. |
| SPYM Mar 12, 2027 | Mar 26, 2027 | $0.239 | Est. |
| SPYM Jun 11, 2027 | Jun 25, 2027 | $0.239 | Est. |
Annual payouts per share
SPYSPYM
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, SPY or SPYM?
SPYM currently has the higher trailing yield: SPY yields 1.00% and SPYM yields 1.00%. Yield changes daily with price, so check the live figures above.
How often do SPY and SPYM pay?
SPY pays every quarter and SPYM pays every quarter. SPY's next ex-date is Dec 18, 2026 and SPYM's is Dec 11, 2026.
Which has grown its dividend faster, SPY or SPYM?
SPYM has grown its payout faster: 6.2%/yr vs 6.0%/yr over the last 5 years.
Is SPY or SPYM better for income?
It depends on what you are optimising for. SPY and SPYM 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.