DLN vs SPYD: Holdings Overlap
DLNWisdomTree U.S. LargeCap Dividend Fund
WisdomTree · 309 holdings · $6.4B · as of 2026-03-31
SPYDState Street® SPDR® Portfolio S&P 500® High Dividend ETF
State Street (SPDR) · 80 holdings · $7.7B · as of 2026-08-06
Holdings snapshots are 128 days apart (DLN: 2026-03-31, SPYD: 2026-08-06). 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 DLN and SPYD?
WisdomTree U.S. LargeCap Dividend Fund (DLN, by WisdomTree) holds 309 positions; State Street® SPDR® Portfolio S&P 500® High Dividend ETF (SPYD, by State Street (SPDR)) holds 80. They have 39 holdings in common, and by portfolio weight the two funds are 15.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 15.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 39DLN holds 309 · SPYD holds 80
- Weight in Shared Holdings
- DLN 17%·SPYD 48%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 DLN
270 of 309 positions (82.9% of the fund) are not held by SPYD. Showing the top 30 by weight.
Sector Breakdown
| Sector | DLN | SPYD |
|---|---|---|
| Real Estate | 3.9% | 24.3% |
| Information Technology | 17.8% | 4.2% |
| Financials | 17.6% | 14.0% |
| Consumer Staples | 9.5% | 15.0% |
| Health Care | 13.4% | 3.9% |
| Other Sectors | 37.8% | 38.1% |
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 |
|---|---|---|---|---|---|---|---|
| DLN | +3.0% | +15.4% | +22.8% | +18.3% | +12.7% | +12.7% | 1.71% |
| SPYD | +2.8% | +17.9% | +21.3% | +14.3% | +9.3% | +8.7% | 4.07% |
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 DLN vs SPYD →
Shared Holdings(39)
The top 10 shared positions account for 58% of the overlap, led by VZ, T and CVX.
 VZVerizon Communications Inc. COM | 1.33% | 1.31% | 1.31% |
|---|---|---|---|
 TAT&T Inc COM | 1.29% | 1.27% | 1.27% |
 CVXChevron Corp. COM | 2.27% | 1.21% | 1.21% |
 PEPPepsico Inc COM | 1.17% | 1.26% | 1.17% |
 PFEPfizer Inc. COM | 1.00% | 1.31% | 1.00% |
 BMYBristol-Myers Squibb Company COM | 0.73% | 1.31% | 0.73% |
 MOAltria Group, Inc. COM | 0.69% | 1.16% | 0.69% |
 DUKDuke Energy Corp COM NEW | 0.66% | 1.20% | 0.66% |
 CMCSAComcast Corporation CL A | 0.63% | 1.32% | 0.63% |
 USBU.S. Bancorp. COM NEW | 0.48% | 1.22% | 0.48% |
 KMIKinder Morgan, Inc. COM | 0.44% | 1.19% | 0.44% |
 AMTAmerican Tower Corporation COM | 0.43% | 1.27% | 0.43% |
 EOGEOG Resources Inc. COM | 0.41% | 1.17% | 0.41% |
 SPGSimon Property Group Inc COM | 0.39% | 1.21% | 0.39% |
 BXBlackstone Inc., Class A | 0.38% | 1.34% | 0.38% |
 TFCTruist Financial Corp. COM | 0.37% | 1.26% | 0.37% |
 ORealty Income Corporation COM | 0.35% | 1.19% | 0.35% |
 TGTTarget Corp. COM | 0.33% | 1.32% | 0.33% |
 EXCExelon Corp. COM | 0.32% | 1.20% | 0.32% |
 DDominion Energy Inc COM | 0.31% | 1.16% | 0.31% |
 PSAPublic Storage COM | 0.29% | 1.30% | 0.29% |
 FFord Motor Company COM | 0.29% | 1.18% | 0.29% |
 KMBKimberly-Clark Corporation COM | 0.22% | 1.23% | 0.22% |
 NKENIKE, Inc., Class B | 0.21% | 1.23% | 0.21% |
 PRUPrudential Financial, Inc. COM | 0.20% | 1.26% | 0.20% |
Frequently Asked Questions
How much do DLN and SPYD overlap?
DLN and SPYD overlap by 15.9% of portfolio weight. They share 39 holdings (DLN holds 309 positions and SPYD holds 80), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DLN and SPYD?
The two portfolios are 15.9% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of DLN and SPYD?
The largest positions held by both funds are VZ, T, CVX, PEP and PFE. Together the top 10 shared positions account for 58% of the total overlap.
What does DLN own that SPYD doesn't?
270 positions (82.9% of DLN) are unique to DLN, led by NVDA, JPM and MSFT. In the other direction, 41 positions (51.4% of SPYD) are unique to SPYD.