SPYD's Holdings Could Mean 10% Gain Potential
July 20, 2021 at 08:12 AM EDT
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the SPDR— Portfolio S&P 500— High Dividend ETF (SPYD), we found that the implied analyst target price for the ETF based upon its underlying holdings is $42.21 per unit.