DVY vs SPSM: Holdings Overlap
DVYiShares Select Dividend ETF
iShares · 100 holdings · $23.8B · as of 2026-04-30
SPSMState Street® SPDR® Portfolio S&P 600™ Small Cap ETF
State Street (SPDR) · 604 holdings · $17.3B · as of 2026-08-06
Holdings snapshots are 98 days apart (DVY: 2026-04-30, SPSM: 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 DVY and SPSM?
iShares Select Dividend ETF (DVY, by iShares) holds 100 positions; State Street® SPDR® Portfolio S&P 600™ Small Cap ETF (SPSM, by State Street (SPDR)) holds 604. They have 6 holdings in common, and by portfolio weight the two funds are 2.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 6DVY holds 100 · SPSM holds 604
- Weight in Shared Holdings
- DVY 3%·SPSM 2%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 DVY
94 of 100 positions (96.3% of the fund) are not held by SPSM. Showing the top 30 by weight.
Only in SPSM
598 of 604 positions (97.6% of the fund) are not held by DVY. Showing the top 30 by weight.
Sector Breakdown
| Sector | DVY | SPSM |
|---|---|---|
| Financials | 24.9% | 19.0% |
| Utilities | 24.2% | 2.0% |
| Industrials | 2.1% | 17.4% |
| Consumer Discretionary | 6.0% | 13.9% |
| Consumer Staples | 13.5% | 3.5% |
| Other Sectors | 29.1% | 43.0% |
| Unclassified | 0.0% | 0.9% |
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. “Unclassified” is weight we could not classify (0% of DVY, 1% of SPSM).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DVY | +1.3% | +16.5% | +23.7% | +16.0% | +10.6% | +10.3% | 3.25% |
| SPSM | +2.4% | +24.5% | +36.5% | +14.6% | +7.7% | +10.9% | 1.36% |
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 DVY vs SPSM →
Shared Holdings(6)
The top 6 shared positions account for 100% of the overlap, led by EMN, LNC and CAG.
 EMNEastman Chemical Company COM | 0.78% | 0.46% | 0.46% |
|---|---|---|---|
 LNCLincoln National Corp. COM | 0.41% | 0.43% | 0.41% |
 CAGConagra Brands Inc COM | 0.59% | 0.39% | 0.39% |
 LKQLKQ Corporation COM | 0.75% | 0.34% | 0.34% |
 LAZLazard Inc COM | 0.51% | 0.26% | 0.26% |
 CPBCampbell's Company/The | 0.38% | 0.24% | 0.24% |
Frequently Asked Questions
How much do DVY and SPSM overlap?
DVY and SPSM overlap by 2.1% of portfolio weight. They share 6 holdings (DVY holds 100 positions and SPSM holds 604), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DVY and SPSM?
The two portfolios are 2.1% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of DVY and SPSM?
The largest positions held by both funds are EMN, LNC, CAG, LKQ and LAZ. Together the top 6 shared positions account for 100% of the total overlap.
What does DVY own that SPSM doesn't?
94 positions (96.3% of DVY) are unique to DVY, led by MO, PFE and TROW. In the other direction, 598 positions (97.6% of SPSM) are unique to SPSM.