SPDR Portfolio S&P 500 High Dividend ETF

SPYD

Market cap $7.2B

If you're approaching retirement or are already retired, you'd be thinking harder than ever for ways to supplement your income.

Making its debut on 10/21/2015, smart beta exchange traded fund SPDR Portfolio S&P 500 High Dividend ETF (SPYD) provides investors broad exposure to the Style Box - Large Cap Value category of the market.

Designed to provide broad exposure to the Large Cap Value segment of the US equity market, the SPDR Portfolio S&P 500 High Dividend ETF (SPYD) is a passively managed exchange traded fund launched on October 21, 2015.

Sometimes, it's as simple as picking the right ETFs and hanging onto them for many years (or more than a decade) and letting the distributions keep flowing into one's pocket.

Earning income from your investments can prove fruitful in building wealth. And you don't have to start with a lot of money to receive passive income; you can start small and build up your positions over time.

SPDR® Portfolio S&P 500® High Dividend ETF is less performant than the S&P 500 and has dividends in line with Treasury yields. So why take the risk? Because simply it provides S&P 500 anchored exposure with competitive distributions, so it is a meeting point. Because simply it has a competitive distribution and a price supported by the underlying bullish nature of the S&P 500, even if here it has more value traits.

Many analysts are making bullish calls on the S&P 500 target due to earnings, AI and U.S. growth. This has put the focus on VOO, IVV, SPY and SPMO.

Generating passive income is a way to make your money work for you, with little effort.

AI momentum, strong earnings, resilient U.S. economy, and likely Fed rate cuts could keep fueling the S&P 500 rally, benefiting ETFs like VOO, SPY and IVV.

Some of its 126 holdings include Progressive Corp.