HomeCompareFCEF vs SPHD

FCEF vs SPHD: Dividend Comparison 2026

FCEF yields 7.36% · SPHD yields 4.33%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 FCEF wins by $6.0K in total portfolio value
10 years
FCEF
FCEF
● Live price
7.36%
Share price
$22.03
Annual div
$1.62
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$32.6K
Annual income
$1,174.92
Full FCEF calculator →
SPHD
SPHD
● Live price
4.33%
Share price
$49.34
Annual div
$2.14
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$26.5K
Annual income
$571.32
Full SPHD calculator →

Portfolio growth — FCEF vs SPHD

📍 FCEF pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis PeriodFCEFSPHD
2008–2009
GFC
— No data— No data
2020 Q1–Q2
COVID
— No data— No data
2022 Q4
Rate Hike
— No data— No data
Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.
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Dividend Calendar Overlap

Combined, FCEF + SPHD cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
FCEF pays
SPHD pays
Both pay
Neither
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Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

FCEF
Annual income on $10K today (after 15% tax)
$625.98/yr
After 10yr DRIP, annual income (after tax)
$998.68/yr
SPHD
Annual income on $10K today (after 15% tax)
$367.92/yr
After 10yr DRIP, annual income (after tax)
$485.62/yr
At 15% tax rate, FCEF beats the other by $513.06/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of FCEF + SPHD for your $10,000?

FCEF: 50%SPHD: 50%
100% SPHD50/50100% FCEF
Portfolio after 10yr
$29.5K
Annual income
$873.12/yr
Blended yield
2.96%
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

FCEF buys
0
SPHD buys
0
No recent congressional trades found for FCEF or SPHD in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricFCEFSPHD
Forward yield7.36%4.33%
Annual dividend / share$1.62$2.14
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%0%
Portfolio after 10y$32.6K$26.5K
Annual income after 10y$1,174.92$571.32
Total dividends collected$9.6K$5.1K
Payment frequencyquarterlyquarterly
SectorStockETF

Year-by-year: FCEF vs SPHD ($10,000, DRIP)

YearFCEF PortfolioFCEF Income/yrSPHD PortfolioSPHD Income/yrGap
1← crossover$11,436$736.45$11,133$432.85+$303.00FCEF
2$13,024$787.14$12,363$450.36+$661.00FCEF
3$14,774$837.77$13,695$467.39+$1.1KFCEF
4$16,696$888.14$15,138$483.90+$1.6KFCEF
5$18,803$938.04$16,697$499.88+$2.1KFCEF
6$21,106$987.29$18,382$515.31+$2.7KFCEF
7$23,619$1,035.74$20,198$530.17+$3.4KFCEF
8$26,356$1,083.24$22,157$544.46+$4.2KFCEF
9$29,330$1,129.67$24,266$558.18+$5.1KFCEF
10$32,559$1,174.92$26,536$571.32+$6.0KFCEF

FCEF vs SPHD: Complete Analysis 2026

FCEFStock

The First Trust Income Opportunities ETF (formerly First Trust CEF Income Opportunity ETF) (the "Fund") seeks to provide current income with a secondary emphasis on total return. Under normal market conditions, the Fund seeks to achieve its investment objectives by investing in a portfolio of closed-end investment companies ("closed-end funds") and exchange-traded funds ("ETFs") that are listed and traded in the United States on registered exchanges. Closed-end funds and ETFs are managed registered investment companies which invest in various types of securities. Both closed-end funds and ETFs trade on a securities exchange and their shares may, at times, trade at a premium or discount to their net asset value. As a shareholder in a pooled investment vehicle, the Fund will bear its ratable share of an underlying fund's expenses and would remain subject to payment of the underlying fund's advisory and administrative fees with respect to assets so invested.

Full FCEF Calculator →

SPHDETF

The Invesco S&P 500 High Dividend Low Volatility ETF (Fund) is based on the S&P 500 Low Volatility High Dividend Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. Standard & Poor's compiles, maintains and calculates the Index, which is composed of 50 securities traded on the S&P 500 Index that historically have provided high dividend yields and low volatility. The Fund and the Index are rebalanced and reconstituted semi-annually, in January and July.

Full SPHD Calculator →
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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.