Is FWP or SPHD a better dividend investment in 2026?

FWP currently yields 8239.53% with a 5% 5-year dividend growth rate. SPHD yields 4.33% with 5% growth. The better choice depends on your goal: FWP offers higher current income.

What is the dividend yield difference between FWP and SPHD?

FWP has a forward dividend yield of 8239.53% ($160.67/share annually). SPHD yields 4.33% ($2.14/share annually). The yield gap is 8235.20 percentage points.

Home › Compare › FWP vs SPHD

FWP vs SPHD: Dividend Comparison 2026

FWP yields 8239.53% · SPHD yields 4.33%● Live data

vsPost on X →

After 10 years · $10,000 invested · DRIP enabled

🏆 FWP wins by $8202758837159645.00M in total portfolio value

INVESTMENT

TIME HORIZON10 years

FWP

● Live price

8239.53%

Share price

$1.95

Annual div

$160.67

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$8202758837159645.00M

Annual income

$8,011,488,068,388,945,000,000.00

Full FWP calculator →

SPHD

● Live price

4.33%

Share price

$49.34

Annual div

$2.14

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$26.5K

Annual income

$571.32

Full SPHD calculator →

Portfolio growth — FWP vs SPHD

📍 FWP 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 Period	FWP	SPHD
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, FWP + SPHD cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

FWP pays

SPHD pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

FWP

Annual income on $10K today (after 15% tax)

$700,359.93/yr

After 10yr DRIP, annual income (after tax)

$6,809,764,858,130,603,000,000.00/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, FWP beats the other by $6,809,764,858,130,603,000,000.00/year in after-tax income after 10 years on $10,000

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Lazy Portfolio Split Optimizer

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

FWP: 50%SPHD: 50%

100% SPHD50/50100% FWP

Portfolio after 10yr

$4101379418579822.50M

Annual income

$4,005,744,034,194,472,300,000.00/yr

Blended yield

97.67%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on FWP right now

FWP

Analyst Ratings

Buy

Hold

Consensus: Buy

SPHD

No analyst data

Analyst ratings via FMP. Altman Z-Score: >3.0 safe, 1.81–3.0 grey zone, <1.81 distress. Piotroski: 7–9 strong, 0–3 weak.

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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

FWP buys

SPHD buys

No recent congressional trades found for FWP or SPHD in the last 90 days.

STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →

MetricFWPSPHD

Forward yield	8239.53% ✓	4.33%
Annual dividend / share	$160.67 ✓	$2.14
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$8202758837159645.00M ✓	$26.5K
Annual income after 10y	$8,011,488,068,388,945,000,000.00 ✓	$571.32
Total dividends collected	$8189985596033498.00M ✓	$5.1K
Payment frequency	quarterly	quarterly
Sector	Stock	ETF

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

Year	FWP Portfolio	FWP Income/yr	SPHD Portfolio	SPHD Income/yr	Gap
1← crossover	$834,653	$823,952.86	$11,133	$432.85	+$823.5K → FWP
2	$65,165,472	$64,272,393.00	$12,363	$450.36	+$65.15M → FWP
3	$4,759,505,763	$4,689,778,708.36	$13,695	$467.39	+$4759.49M → FWP
4	$325,212,729,684	$320,120,058,517.96	$15,138	$483.90	+$325212.71M → FWP
5	$20,790,514,485,392	$20,442,536,864,630.12	$16,697	$499.88	+$20790514.47M → FWP
6	$1,243,619,966,085,694	$1,221,374,115,586,323.80	$18,382	$515.31	+$1243619966.07M → FWP
7	$69,609,709,773,060,904	$68,279,036,409,349,220.00	$20,198	$530.17	+$69609709773.04M → FWP
8	$3,646,270,957,300,509,700	$3,571,788,567,843,334,000.00	$22,157	$544.46	+$3646270957300.49M → FWP
9	$178,757,727,823,085,040,000	$174,856,217,898,773,480,000.00	$24,266	$558.18	+$178757727823085.00M → FWP
10	$8,202,758,837,159,645,000,000	$8,011,488,068,388,945,000,000.00	$26,536	$571.32	+$8202758837159645.00M → FWP

FWP vs SPHD: Complete Analysis 2026

FWP — Stock

Forward Pharma A/S does not have significant operations. Previously, it operated as a biopharmaceutical company that focused on developing FP187 proprietary formulation of dimethyl fumarate for the treatment of inflammatory and neurological indications. Forward Pharma A/S was incorporated in 2005 and is headquartered in Copenhagen, Denmark.

Full FWP Calculator →

SPHD — ETF

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.