Key takeaways

  • The SPDR S&P Dividend ETF (SDY) reached a new record high on Nov. 4.
  • As of this writing, the SDY dividend index fund has gained about 8.8% in the past month.
  • The tech-heavy Nasdaq-100 index has entered a correction, with a decline of about 11.2% since reaching a record high on Oct. 6.

High-yield dividend stocks tend to perform better during stock market crashes and recessions, when investors make a “flight to safety.” The SPDR S&P Dividend ETF (SDY) holds 154 high-yield dividend stocks with a 30-day SEC yield of 2.35%.

See the latest quote, chart and news for SDY.

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