SPY vs TRPA
State Street SPDR S&P 500 ETF Trust compared with Hartford Funds Exchange-Traded Trust - Hartford AAA CLO ETF on yield, payout growth, payment schedule, cost and risk.
SPY
State Street SPDR S&P 500 ETF Trust
TTM yield · Quarterly
TRPA
Hartford Funds Exchange-Traded Trust - Hartford AAA CLO ETF
TTM yield · Monthly
Quick take
- TRPA yields more today: 4.85% vs 0.99% (forward).
- TRPA has grown its payout faster: 16.3%/yr vs 6.0%/yr over the last 5 years.
- SPY pays every quarter; TRPA pays every month.
- SPY has the longer streak of annual increases: 12 years vs 0.
- Over the last year SPY delivered the higher total return: +15.2% vs +5.4% (price change plus payouts).
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | SPY | TRPA |
|---|---|---|
| Share price | $759.97 | $39.09 |
| TTM yield | 1.00% | 4.85% |
| Forward yield | 0.99% | 4.85% |
| Annual payout per share | $7.556 | $1.894 |
| Payment frequency | Quarterly | Monthly |
| Next ex-date | Dec 18, 2026 (est.) | Oct 29, 2026 (est.) |
| Expense ratio | 0.09% | — |
| 1-year payout growth | +4.5% | -17.6% |
| 5-year payout CAGR | +6.0% | +16.3% |
| Consecutive years of increases | 12 years | 0 years |
| Payout consistency (last 12) | 94/100 | 91/100 |
| 1-year total return | +15.2% | +5.4% |
| 1-year price return | +14.1% | +0.5% |
| Size (market cap / AUM) | 809.2B | — |
| Years paying | 33.6 | 8.3 |
| Sector / category | 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 | TRPA | |
|---|---|---|
| Shares | 13.2 | 255.8 |
| Income per year | $99 | $485 |
| Income per month (avg) | $8 | $40 |
At forward yields, before taxes. Model SPY · Model TRPA
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. |
| TRPA Oct 29, 2026 | Nov 12, 2026 | $0.1578 | Est. |
| TRPA Nov 28, 2026 | Dec 12, 2026 | $0.1578 | Est. |
| TRPA Dec 28, 2026 | Jan 11, 2027 | $0.1578 | Est. |
Annual payouts per share
SPYTRPA
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 TRPA?
TRPA currently has the higher trailing yield: SPY yields 1.00% and TRPA yields 4.85%. Yield changes daily with price, so check the live figures above.
How often do SPY and TRPA pay?
SPY pays every quarter and TRPA pays every month. SPY's next ex-date is Dec 18, 2026 and TRPA's is Oct 29, 2026.
Which has grown its dividend faster, SPY or TRPA?
TRPA has grown its payout faster: 16.3%/yr vs 6.0%/yr over the last 5 years.
Is SPY or TRPA better for income?
It depends on what you are optimising for. SPY and TRPA 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.