Dividend ETFs Show Diverging Strategies for Investors The SPDR Portfolio S&P 500 High Dividend ETF and Global X SuperDividend U.S. ETF both target high-yield stocks but differ in execution. SPDR focuses on S&P 500 dividend payers, while Global X emphasizes low-volatility stocks. Over the long term, SPDR outperformed, making it appealing for income-focused investors.12