SPYD's Underlying Holdings Imply 10% Gain Potential
March 26, 2019 at 08:09 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 $41.16 per unit.