(SPYD) SPDR S&P US Dividend - Ratings and Ratios

The SPDR S&P US Dividend Aristocrats UCITS ETF (XETRA:SPYD) is a US Equity Income ETF listed on the XETRA exchange, originating from Germany. It tracks the Morningstar US High Div Yld NR USD index, providing investors with exposure to high-dividend-yielding US stocks.

From a technical analysis perspective, the ETFs price is currently at 65.01, indicating a potential support level around this price. The SMA20 and SMA50 are closely aligned, suggesting a stable short-term trend. However, the SMA200 is higher, indicating a potential resistance level around 68.05. The ATR is relatively low at 0.63, representing a 0.97% daily price movement, which may indicate a relatively stable trading environment.

To further evaluate this ETF, we can examine key performance indicators (KPIs) such as dividend yield, expense ratio, and tracking error. The Morningstar US High Div Yld NR USD index has a historical dividend yield of around 4-5%, which is attractive for income-seeking investors. The expense ratio for this ETF is likely to be around 0.3-0.4%, which is relatively competitive. A low tracking error would indicate that the ETF is effectively replicating the underlying index.

With an AUM of 3760.44M EUR, this ETF has a significant asset base, which can contribute to liquidity and stability. Investors should consider the ETFs holdings, sector allocation, and overall portfolio construction to ensure it aligns with their investment objectives and risk tolerance.

To make an informed investment decision, its essential to evaluate the ETFs performance in various market conditions, its correlation with other assets, and its potential to meet the investors goals. A thorough analysis of the ETFs underlying index, including its constituent stocks and sector weights, can provide valuable insights into its potential performance.