Published on 15 Mar 2024 on Zacks via Yahoo Finance
Launched on 11/08/2005, the SPDR S&P Dividend ETF (SDY) is a smart beta exchange traded fund offering broad exposure to the Style Box - Large Cap Value category of the market.
What Are Smart Beta ETFs?
Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy.