FDVV vs SDY: Holdings Overlap
FDVVFidelity High Dividend ETF
Fidelity · 96 holdings · $10.4B · as of 2026-04-30
SDYState Street® SPDR® S&P® Dividend ETF
State Street (SPDR) · 154 holdings · $22.0B · as of 2026-08-06
Holdings snapshots are 98 days apart (FDVV: 2026-04-30, SDY: 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 FDVV and SDY?
Fidelity High Dividend ETF (FDVV, by Fidelity) holds 96 positions; State Street® SPDR® S&P® Dividend ETF (SDY, by State Street (SPDR)) holds 154. They have 23 holdings in common, and by portfolio weight the two funds are 18.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 18.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 23FDVV holds 96 · SDY holds 154
- Weight in Shared Holdings
- FDVV 27%·SDY 29%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 FDVV
73 of 96 positions (73.0% of the fund) are not held by SDY. Showing the top 30 by weight.
Sector Breakdown
| Sector | FDVV | SDY |
|---|---|---|
| Information Technology | 26.7% | 7.9% |
| Financials | 19.0% | 12.5% |
| Industrials | 3.2% | 18.7% |
| Consumer Staples | 11.3% | 15.2% |
| Consumer Discretionary | 13.5% | 5.8% |
| Other Sectors | 24.9% | 39.8% |
| Unclassified | 1.1% | 0.0% |
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 (1% of FDVV, 0% of SDY).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FDVV | +3.8% | +15.1% | +22.8% | +19.9% | +14.6% | — | 2.69% |
| SDY | +1.4% | +14.8% | +16.9% | +10.8% | +7.8% | +9.4% | 2.36% |
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 FDVV vs SDY →
Shared Holdings(23)
The top 10 shared positions account for 64% of the overlap, led by PEP, PG and MCD.
 PEPPepsico Inc COM | 1.63% | 1.91% | 1.63% |
|---|---|---|---|
 PGThe Procter & Gamble Co. COM | 1.80% | 1.25% | 1.25% |
 MCDMcDonald's Corp. COM | 1.55% | 1.23% | 1.23% |
 SOSouthern Co. (The) | 1.21% | 1.32% | 1.21% |
 KOCoca-Cola Co (The) COM | 1.85% | 1.18% | 1.18% |
 NEENextEra Energy Inc COM | 1.38% | 1.15% | 1.15% |
 ESEversource Energy COM | 1.06% | 1.10% | 1.06% |
 LOWLowes Companies, Inc. COM | 1.38% | 1.04% | 1.04% |
 NKENIKE, Inc., Class B | 1.01% | 1.70% | 1.01% |
 EIXEdison International COM | 1.11% | 1.00% | 1.00% |
 IBMInternational Business Machines Corp. COM | 0.90% | 1.17% | 0.90% |
 ORealty Income Corporation COM | 0.90% | 2.15% | 0.90% |
 TXNTexas Instruments Inc. COM | 1.32% | 0.77% | 0.77% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 0.72% | 2.74% | 0.72% |
 BBYBest Buy Co Inc. COM | 1.21% | 0.57% | 0.57% |
 MSFTMicrosoft Corp. COM | 4.49% | 0.53% | 0.53% |
 JNJJohnson & Johnson COM | 0.49% | 0.91% | 0.49% |
 ORIOld Republic International Corporation COM | 1.25% | 0.40% | 0.40% |
 ABBVAbbVie Inc. COM | 0.40% | 1.13% | 0.40% |
 CATCaterpillar Inc COM | 0.46% | 0.25% | 0.25% |
 LMTLockheed Martin Corporation COM | 0.22% | 1.31% | 0.22% |
 ADPAutomatic Data Processing, Inc. COM | 0.21% | 1.46% | 0.21% |
 VZVerizon Communications Inc. COM | 0.14% | 3.03% | 0.14% |
Frequently Asked Questions
How much do FDVV and SDY overlap?
FDVV and SDY overlap by 18.3% of portfolio weight. They share 23 holdings (FDVV holds 96 positions and SDY holds 154), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FDVV and SDY?
The two portfolios are 18.3% 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 FDVV and SDY?
The largest positions held by both funds are PEP, PG, MCD, SO and KO. Together the top 10 shared positions account for 64% of the total overlap.
What does FDVV own that SDY doesn't?
73 positions (73.0% of FDVV) are unique to FDVV, led by NVDA, AAPL and AVGO. In the other direction, 131 positions (70.5% of SDY) are unique to SDY.