HomeCompareVMLTX vs SPHD

VMLTX vs SPHD: Dividend Comparison 2026

VMLTX yields 3.05% · SPHD yields 4.33%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 SPHD wins by $2.2K in total portfolio value
10 years
VMLTX
VMLTX
● Live price
3.05%
Share price
$10.93
Annual div
$0.33
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$24.3K
Annual income
$371.73
Full VMLTX 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 — VMLTX vs SPHD

📍 SPHD 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 PeriodVMLTXSPHD
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, VMLTX + SPHD cover 0 of 12 monthsgood coverage

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

VMLTX
Annual income on $10K today (after 15% tax)
$259.55/yr
After 10yr DRIP, annual income (after tax)
$315.97/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, SPHD beats the other by $169.65/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

VMLTX: 50%SPHD: 50%
100% SPHD50/50100% VMLTX
Portfolio after 10yr
$25.4K
Annual income
$471.53/yr
Blended yield
1.85%
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

VMLTX buys
0
SPHD buys
0
No recent congressional trades found for VMLTX or SPHD in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricVMLTXSPHD
Forward yield3.05%4.33%
Annual dividend / share$0.33$2.14
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%0%
Portfolio after 10y$24.3K$26.5K
Annual income after 10y$371.73$571.32
Total dividends collected$3.4K$5.1K
Payment frequencyquarterlyquarterly
SectorStockETF

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

YearVMLTX PortfolioVMLTX Income/yrSPHD PortfolioSPHD Income/yrGap
1← crossover$11,005$305.35$11,133$432.85$128.00SPHD
2$12,090$314.07$12,363$450.36$273.00SPHD
3$13,259$322.44$13,695$467.39$436.00SPHD
4$14,517$330.48$15,138$483.90$621.00SPHD
5$15,871$338.18$16,697$499.88$826.00SPHD
6$17,328$345.54$18,382$515.31$1.1KSPHD
7$18,894$352.57$20,198$530.17$1.3KSPHD
8$20,575$359.28$22,157$544.46$1.6KSPHD
9$22,381$365.66$24,266$558.18$1.9KSPHD
10$24,320$371.73$26,536$571.32$2.2KSPHD

VMLTX vs SPHD: Complete Analysis 2026

VMLTXStock

This low-cost municipal bond fund seeks to provide income exempt from federal taxes and typically appeals to investors in higher tax brackets. The fund holds high-quality short-term municipal bonds with an average duration of approximately 2 years, a bit longer than the Short-Term Tax-Exempt Fund. Risks of the fund include the fact that changes in interest rates, both up and down, can affect the fund by resulting in lower bond prices or an eventual decrease in income for the fund. Investors who are looking for a modest level of federal tax-exempt interest income and can tolerate some income and share price risk may wish to consider this fund.

Full VMLTX 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.