Peek Under The Hood: SPYD Has 11% Upside
August 13, 2020 at 08:03 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 $32.41 per unit.