DIA vs XLG: Holdings Overlap
DIAState Street® SPDR® Dow Jones Industrial Average® ETF Trust
State Street (SPDR) · 30 holdings · $47.6B · as of 2026-08-06
Invesco · 51 holdings · $10.7B · as of 2026-04-30
Holdings snapshots are 98 days apart (DIA: 2026-08-06, XLG: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are DIA and XLG?
State Street® SPDR® Dow Jones Industrial Average® ETF Trust (DIA, by State Street (SPDR)) holds 30 positions; Invesco S&P 500 Top 50 ETF (XLG, by Invesco) holds 51. They have 22 holdings in common, and by portfolio weight the two funds are 34.9% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 34.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 22DIA holds 30 · XLG holds 51
- Weight in Shared Holdings
- DIA 76%·XLG 62%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in DIA
8 of 30 positions (24.2% of the fund) are not held by XLG.
Sector Breakdown
| Sector | DIA | XLG |
|---|---|---|
| Information Technology | 17.3% | 43.7% |
| Financials | 27.4% | 9.6% |
| Communication Services | 5.1% | 17.0% |
| Industrials | 16.7% | 1.9% |
| Health Care | 13.2% | 7.0% |
| Other Sectors | 20.3% | 20.4% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DIA | +2.1% | +13.2% | +24.6% | +16.9% | +10.8% | +13.5% | 1.33% |
| XLG | +3.7% | +7.2% | +17.9% | +22.2% | +14.3% | +16.6% | 0.63% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in DIA vs XLG →
Shared Holdings(22)
The top 10 shared positions account for 74% of the overlap, led by MSFT, GOOGL and AAPL.
 MSFTMicrosoft Corp. COM | 5.51% | 8.14% | 5.51% |
|---|---|---|---|
 GOOGLAlphabet Inc. CAP STK CL A | 3.94% | 6.03% | 3.94% |
 AAPLApple Inc. COM | 3.44% | 10.71% | 3.44% |
 AMZNAmazon.com, Inc. COM | 3.00% | 6.96% | 3.00% |
 NVDANVIDIA Corp. COM | 2.41% | 13.04% | 2.41% |
 JPMJPMorgan Chase & Co. COM | 3.93% | 2.27% | 2.27% |
 VVisa, Inc., Class A | 4.08% | 1.49% | 1.49% |
 JNJJohnson & Johnson COM | 2.83% | 1.49% | 1.49% |
 WMTWalmart Inc COM | 1.24% | 1.56% | 1.24% |
 CATCaterpillar Inc COM | 9.45% | 1.11% | 1.11% |
 CVXChevron Corp. COM | 2.09% | 0.97% | 0.97% |
 CSCOCisco Systems, Inc. COM | 1.33% | 0.97% | 0.97% |
 PGThe Procter & Gamble Co. COM | 1.62% | 0.92% | 0.92% |
 UNHUnitedHealth Group Inc. COM | 4.45% | 0.90% | 0.90% |
 HDHome Depot, Inc. (The) | 3.85% | 0.88% | 0.88% |
 KOCoca-Cola Co (The) COM | 0.96% | 0.82% | 0.82% |
 GSGoldman Sachs Group, Inc. (The) | 11.38% | 0.74% | 0.74% |
 MRKMerck & Co., Inc COM | 1.42% | 0.73% | 0.73% |
 IBMInternational Business Machines Corp. COM | 2.57% | 0.58% | 0.58% |
 MCDMcDonald's Corp. COM | 3.05% | 0.56% | 0.56% |
 DISWalt Disney Company COM | 1.15% | 0.49% | 0.49% |
 CRMSalesforce Inc. COM | 2.06% | 0.45% | 0.45% |
Frequently Asked Questions
How much do DIA and XLG overlap?
DIA and XLG overlap by 34.9% of portfolio weight. They share 22 holdings (DIA holds 30 positions and XLG holds 51), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DIA and XLG?
The two portfolios are 34.9% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of DIA and XLG?
The largest positions held by both funds are MSFT, GOOGL, AAPL, AMZN and NVDA. Together the top 10 shared positions account for 74% of the total overlap.
What does DIA own that XLG doesn't?
8 positions (24.2% of DIA) are unique to DIA, led by AMGN, TRV and SHW. In the other direction, 29 positions (37.8% of XLG) are unique to XLG.