SPY vs SWP
State Street SPDR S&P 500 ETF Trust compared with SWP Growth & Income ETF on yield, payout growth, payment schedule, cost and risk.
SPY
State Street SPDR S&P 500 ETF Trust
TTM yield · Quarterly
SWP
SWP Growth & Income ETF
TTM yield · Quarterly
Quick take
- SWP yields more today: 8.28% vs 0.99% (forward).
- Both pay every quarter.
- SPY has the longer streak of annual increases: 12 years vs 1.
- Over the last year SPY delivered the higher total return: +15.2% vs +9.1% (price change plus payouts).
- SPY is cheaper to own: 0.09% vs 0.99% expense ratio.
- SPY has the steadier distribution: consistency 94/100 vs 45/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | SPY | SWP |
|---|---|---|
| Share price | $759.97 | $27.59 |
| TTM yield | 1.00% | 9.50% |
| Forward yield | 0.99% | 8.28% |
| Annual payout per share | $7.556 | $2.284 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Dec 18, 2026 (est.) | Dec 30, 2026 (est.) |
| Expense ratio | 0.09% | 0.99% |
| 1-year payout growth | +4.5% | — |
| 5-year payout CAGR | +6.0% | — |
| Consecutive years of increases | 12 years | 1 year |
| Payout consistency (last 12) | 94/100 | 45/100 |
| 1-year total return | +15.2% | +9.1% |
| 1-year price return | +14.1% | -0.3% |
| Size (market cap / AUM) | 809.2B | 141.9M |
| Years paying | 33.6 | 1.8 |
| 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 | SWP | |
|---|---|---|
| Shares | 13.2 | 362.5 |
| Income per year | $99 | $828 |
| Income per month (avg) | $8 | $69 |
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. |
| SWP Dec 30, 2026 | Dec 31, 2026 | $0.571 | Est. |
| SWP Apr 1, 2027 | Apr 2, 2027 | $0.571 | Est. |
| SWP Jul 2, 2027 | Jul 3, 2027 | $0.571 | Est. |
Annual payouts per share
SPYSWP
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 SWP?
SWP currently has the higher trailing yield: SPY yields 1.00% and SWP yields 9.50%. Yield changes daily with price, so check the live figures above.
How often do SPY and SWP pay?
SPY pays every quarter and SWP pays every quarter. SPY's next ex-date is Dec 18, 2026 and SWP's is Dec 30, 2026.
Is SPY or SWP better for income?
It depends on what you are optimising for. SPY and SWP 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.