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GMSAX vs SPHD: Dividend Comparison 2026

GMSAX yields 22.30% · SPHD yields 4.33%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 GMSAX wins by $57.4K in total portfolio value
10 years
GMSAX
GMSAX
● Live price
22.30%
Share price
$8.97
Annual div
$2.00
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$84.0K
Annual income
$8,549.87
Full GMSAX 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 — GMSAX vs SPHD

📍 GMSAX 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 PeriodGMSAXSPHD
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, GMSAX + SPHD cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
GMSAX 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.

GMSAX
Annual income on $10K today (after 15% tax)
$1,895.21/yr
After 10yr DRIP, annual income (after tax)
$7,267.39/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, GMSAX beats the other by $6,781.77/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 GMSAX + SPHD for your $10,000?

GMSAX: 50%SPHD: 50%
100% SPHD50/50100% GMSAX
Portfolio after 10yr
$55.3K
Annual income
$4,560.59/yr
Blended yield
8.25%
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

GMSAX buys
0
SPHD buys
0
No recent congressional trades found for GMSAX or SPHD in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricGMSAXSPHD
Forward yield22.30%4.33%
Annual dividend / share$2.00$2.14
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%0%
Portfolio after 10y$84.0K$26.5K
Annual income after 10y$8,549.87$571.32
Total dividends collected$50.4K$5.1K
Payment frequencyquarterlyquarterly
SectorStockETF

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

YearGMSAX PortfolioGMSAX Income/yrSPHD PortfolioSPHD Income/yrGap
1← crossover$12,930$2,229.65$11,133$432.85+$1.8KGMSAX
2$16,529$2,694.27$12,363$450.36+$4.2KGMSAX
3$20,905$3,218.97$13,695$467.39+$7.2KGMSAX
4$26,173$3,804.84$15,138$483.90+$11.0KGMSAX
5$32,457$4,452.04$16,697$499.88+$15.8KGMSAX
6$39,889$5,159.79$18,382$515.31+$21.5KGMSAX
7$48,608$5,926.38$20,198$530.17+$28.4KGMSAX
8$58,760$6,749.27$22,157$544.46+$36.6KGMSAX
9$70,498$7,625.11$24,266$558.18+$46.2KGMSAX
10$83,983$8,549.87$26,536$571.32+$57.4KGMSAX

GMSAX vs SPHD: Complete Analysis 2026

GMSAXStock

The fund implements a trend-following strategy that takes long and/or short positions in a wide range of asset classes, including equities, fixed income, commodities and currencies, among others, to seek long-term absolute return. It seeks to achieve its investment objective by investing primarily in a portfolio of equities, equity index futures, bonds, bond futures, equity swaps, interest rate swaps, currency forwards and non-deliverable forwards, options, exchange traded funds ("ETFs"), and structured securities.

Full GMSAX 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.