CVARvsSDYETF Comparison
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Cultivar ETF (CVAR) belongs to the US Multi-Factor segment. State Street SPDR S&P Dividend ETF (SDY) is part of the US High Dividend segment. CVAR's top 3 sector exposures are Healthcare, Technology and Consumer Non-Cyclicals. In contrast, SDY's top sector exposures are Finance, Consumer Non-Cyclicals and Industrials. CVAR is more expensive with a Total Expense Ratio (TER) of 0.87%, versus 0.35% for SDY. CVAR is up 10.82% year-to-date (YTD) with +$5M in YTD flows. SDY performs better with 13.59% YTD performance, and -$638M in YTD flows. Run a side-by-side ETF comparison of CVAR and SDY below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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CVAR vs SDY performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | CVAR SDY | +1.72%+2.79% | +6.16%+0.19% | +10.82%+13.59% | +13.18%+15.06% | +47.09%+46.16% | n/a+45.53% |
| Flows | CVAR SDY | -$43K-$68M | +$2M-$260M | +$5M-$638M | +$6M-$797M | +$8M-$4.48B | --$2.90B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | CVAR SDY | +11.20%+10.34% | +11.77%+10.82% | +13.64%+12.20% | n/a+14.01% |
| Max drawdown | CVAR SDY | -6.30%-7.44% | -8.62%-7.73% | -13.73%-14.33% | n/a-15.22% |
| Max drawdown duration | CVAR SDY | 50d53d | 155d122d | 217d254d | n/a107d |
Trading data
CVAR | SDY | |
Last sale 10/16/2026 at 1:30 PM | $31.38 | $154.10 |
| Previous close 10/16/2026 | $31.39 | $155.06 |
| Consolidated volume 10/16/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
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CVAR
is actively managed and doesn’t replicate an indexCVAR | SDY | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
CVAR | SDY | |
|---|---|---|
| Last price | $31.38 | $154.10 |
| 1D performance | -0.03% | -0.62% |
| AuM | $46.29 M | $21.52 B |
| E/R | 0.87% | 0.35% |
Characteristics
CVAR | SDY | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Cultivar Capital | State Street Investment Management |
| Benchmark | - | S&P High Yield Dividend Aristocrats Index |
| N° of holdings | 89 | 154 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 21, 2021 | November 8, 2005 |
| ESG | No | No |
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Exposure
Countries
CVAR
USA
81.37%
Other
18.63%
SDY
USA
90.23%
Other
9.77%
Sectors
CVAR
Healthcare
19.07%
Technology
16.07%
Consumer Non-Cycl.
14.16%
Finance
13.08%
Other
37.62%
SDY
Finance
15.78%
Consumer Non-Cycl.
14.62%
Industrials
14.18%
Utilities
12.51%
Technology
8.98%
Healthcare
8.21%
Other
25.73%
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Diversification
CVAR
Total weight of top 15 holdings out of 15
32.96%
SDY
Total weight of top 15 holdings out of 15
27.38%
Top 15 holdings
Data as of August 31, 2026
CVAR
MarketAxess Holdings, Inc.
4.04%
USA, Bonds 2.875% 15may2052, USD
3.20%
USA, Bonds 4.625% 15may2054, USD
2.35%
Healthcare Services Group, Inc.
2.34%
Core Laboratories, Inc.
2.25%
Paycom Software, Inc.
2.21%
Kimberly-Clark Corp.
2.15%
Veeva Systems, Inc.
2.06%
Alexandria Real Estate Equities, Inc.
2.01%
Illumina, Inc.
1.84%
Intuit, Inc.
1.80%
Dollar General Corp.
1.73%
Humana, Inc.
1.71%
Lamb Weston Holdings, Inc.
1.69%
Dassault Systèmes SE
1.57%
SDY
Verizon Communications, Inc.
3.24%
Accenture Plc
3.05%
Realty Income Corp.
2.12%
Chevron Corp.
1.97%
PepsiCo, Inc.
1.94%
Medtronic Plc
1.75%
Target Corp.
1.75%
NIKE, Inc.
1.57%
Automatic Data Processing, Inc.
1.54%
Kenvue, Inc.
1.52%
Kimberly-Clark Corp.
1.52%
Becton, Dickinson & Co.
1.46%
Consolidated Edison, Inc.
1.32%
WEC Energy Group, Inc.
1.31%
Abbott Laboratories
1.31%
Frequently asked questions about CVAR and SDY
How have the CVAR and SDY ETFs performed in 2026?
As of October 16, 2026, CVAR is up 10.82% year-to-date (YTD), while SDY has returned 13.59%. That puts SDY better performer ahead so far this year.
Which ETF is attracting more investor money: CVAR or SDY?
Year-to-date, the CVAR ETF saw +$5M in flows, compared to -$638M for SDY.
Which ETF is more volatile: CVAR or SDY?
Over the past year, CVAR had a volatility of 11.77%, while SDY experienced 10.82%.
Which ETF is bigger: CVAR or SDY?
As of October 16, 2026, CVAR holds $46.29 M in assets under management (AUM), while SDY manages $21.52 B.
What sectors do the CVAR and SDY ETFs invest in?
CVAR leans toward sectors like Healthcare, Technology and Consumer Non-Cyclicals. Meanwhile, SDY focuses on Finance, Consumer Non-Cyclicals and Industrials.
What are the top holdings of the CVAR ETF and SDY ETF?
CVAR top holdings include MarketAxess Holdings, Inc., USA, Bonds 2.875% 15may2052, USD and USA, Bonds 4.625% 15may2054, USD. SDY holds in its top three: Verizon Communications, Inc., Accenture Plc and Realty Income Corp..
Which ETF is more diversified: CVAR or SDY?
CVAR holds 89 securities with 32.96% of its assets in the top 15. SDY has 154 securities and a top 15 weight of 27.38%.
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Latest news about CVAR & SDY
Dividend Growth, High Yield, & Dividend Quality ETFs: What's the Difference?
October 20, 2023
SDY
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