Home/Compare/SPY vs VYM

SPY
State Street SPDR S&P 500 ETF Trust
VS
VYM
Vanguard High Dividend Yield Index Fund ETF Shares

SPY vs VYM: dividend comparison 2026

MetricSPYVYM
Price $750.72 $160.85
TTM Yield 1.00% 2.26%
Forward Yield 1.01% 2.44%
TTM Dividend / share $7.5250 $3.6310
Payment frequency Quarterly Quarterly
Last payment $1.9040 $0.9800
3-yr dividend CAGR 4.8% 2.5%
5-yr dividend CAGR 5.1% 3.8%
10-yr dividend CAGR 5.6% 5.0%
Growth streak 16 years 15 years
Payments on record 135 79
Paying since 1993 2006
Tools Calculator · History Calculator · History

Green cells mark the better value where higher is objectively better (yield, growth, streak). Live data, refreshed daily.

01

How to read this matchup

Income today vs income tomorrow. A higher trailing yield pays more now; a higher dividend CAGR compounds into more income later. Ten years of 5.1% annual growth roughly multiplies the payout per share.

Frequency matters for compounding. SPY pays quarterly and VYM pays quarterly. More frequent payments reinvest sooner, which helps DRIP slightly, and smooth out cash flow for anyone living off the income.

Model both in the calculator with your own numbers: SPY dividend calculator and VYM dividend calculator.

02

FAQ

Which has the higher yield, SPY or VYM?

VYM currently has the higher trailing yield: 2.26% for VYM versus 1.00% for SPY. Yield alone is not the whole story: check growth rates and payment consistency below.

Which dividend grows faster, SPY or VYM?

SPY has grown its payout faster over the past 5 years: 5.1% versus 3.8% compound annual growth.

Can I hold both SPY and VYM?

Yes, and many income investors do. A common approach pairs a higher-yield position for current income with a higher-growth position for future income. Check the overlap of their strategies before doubling up on the same exposure.