SPDR S&P Euro Dividend Aristocrats

ETF description

This ETF offers investors the chance to gain exposure to companies in Europe that have a strong track record of paying dividends. It focuses on those companies that have consistently increased their dividend payments over time, known as ‘“dividend aristocrats.”’ By tracking a specific index, this ETF aims to include a range of established firms across various sectors that are recognized for their reliability and financial strength.

Investors who prioritize income generation may find this ETF particularly appealing, as it targets companies that provide regular dividend payments, which can serve as a source of income.

Issuer details

SPDR ETFs (Standard & Poor’s Depositary Receipts), managed by State Street Global Advisors, are among the largest and most recognized ETFs in the world, with over $1 trillion in assets under management as of June 2024. SPDR offers a broad range of ETFs covering various market segments, including equities, fixed income, sector‑specific funds, commodities, and ESG (Environmental, Social, Governance) investments. Launched in 1993 with the SPDR S&P 500 ETF (SPY), the first ever ETF, SPDR ETFs are known for their strong emphasis on liquidity, transparency, and robust research and analysis. Notable ETFs in their lineup include the SPDR S&P 500 ETF (SPY), SPDR Gold Shares (GLD), and SPDR Bloomberg Barclays High Yield Bond ETF (JNK), reflecting SPDR’s commitment to providing diverse and high‑quality investment options to meet the needs of various investors.

Index details

The S&P Euro High Yield Dividend Aristocrats Index is designed to measure the performance of the 40 highest dividend‑yielding Eurozone companies within the S&P Europe Broad Market Index (BMI), as determined in accordance with the Index methodology, that have followed a managed dividends policy of increasing or stable dividends for at least 10 consecutive years.