FDVV vs SPY: Holdings Overlap
FDVVFidelity High Dividend ETF
Fidelity · 96 holdings · $10.4B · as of 2026-04-30
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
Holdings snapshots are 98 days apart (FDVV: 2026-04-30, SPY: 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 SPY?
Fidelity High Dividend ETF (FDVV, by Fidelity) holds 96 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 75 holdings in common, and by portfolio weight the two funds are 37.9% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 37.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 75FDVV holds 96 · SPY holds 504
- Weight in Shared Holdings
- FDVV 86%·SPY 46%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
21 of 96 positions (13.6% of the fund) are not held by SPY.
Only in SPY
429 of 504 positions (53.5% of the fund) are not held by FDVV. Showing the top 30 by weight.
Sector Breakdown
| Sector | FDVV | SPY |
|---|---|---|
| Information Technology | 26.7% | 37.6% |
| Financials | 19.0% | 12.3% |
| Consumer Discretionary | 13.5% | 9.3% |
| Consumer Staples | 11.3% | 4.5% |
| Communication Services | 3.8% | 9.7% |
| Other Sectors | 24.4% | 26.5% |
| 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 SPY).
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% |
| SPY | +3.4% | +14.0% | +23.7% | +21.2% | +13.3% | +15.3% | 0.97% |
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 SPY →
Shared Holdings(75)
The top 10 shared positions account for 69% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 6.84% | 8.00% | 6.84% |
|---|---|---|---|
 AAPLApple Inc. COM | 5.69% | 6.92% | 5.69% |
 MSFTMicrosoft Corp. COM | 4.49% | 5.60% | 4.49% |
 AVGOBroadcom Inc COM | 3.49% | 3.00% | 3.00% |
 GOOGLAlphabet Inc. CAP STK CL A | 2.21% | 3.16% | 2.21% |
 JPMJPMorgan Chase & Co. COM | 2.57% | 1.44% | 1.44% |
 METAMeta Platforms, Inc., Class A | 0.74% | 1.95% | 0.74% |
 BACBank of America Corp. COM | 1.78% | 0.62% | 0.62% |
 LLYEli Lilly & Co. COM | 0.55% | 1.42% | 0.55% |
 HDHome Depot, Inc. (The) | 1.66% | 0.52% | 0.52% |
 PGThe Procter & Gamble Co. COM | 1.80% | 0.52% | 0.52% |
 KOCoca-Cola Co (The) COM | 1.85% | 0.51% | 0.51% |
 JNJJohnson & Johnson COM | 0.49% | 0.93% | 0.49% |
 UNHUnitedHealth Group Inc. COM | 0.46% | 0.55% | 0.46% |
 CATCaterpillar Inc COM | 0.46% | 0.59% | 0.46% |
 GSGoldman Sachs Group, Inc. (The) | 1.71% | 0.46% | 0.46% |
 PMPhilip Morris International Inc. COM | 1.64% | 0.44% | 0.44% |
 WFCWells Fargo & Co. COM | 1.52% | 0.40% | 0.40% |
 ABBVAbbVie Inc. COM | 0.40% | 0.65% | 0.40% |
 TXNTexas Instruments Inc. COM | 1.32% | 0.38% | 0.38% |
 MRKMERCK and CO INC NEW | 0.34% | 0.48% | 0.34% |
 GEGeneral Electric Co. | 0.34% | 0.59% | 0.34% |
 IBMInternational Business Machines Corp. COM | 0.90% | 0.33% | 0.33% |
 MCDMcDonald's Corp. COM | 1.55% | 0.30% | 0.30% |
 RTXRTX Corp. COM | 0.29% | 0.45% | 0.29% |
Frequently Asked Questions
How much do FDVV and SPY overlap?
FDVV and SPY overlap by 37.9% of portfolio weight. They share 75 holdings (FDVV holds 96 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FDVV and SPY?
The two portfolios are 37.9% 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 FDVV and SPY?
The largest positions held by both funds are NVDA, AAPL, MSFT, AVGO and GOOGL. Together the top 10 shared positions account for 69% of the total overlap.
What does FDVV own that SPY doesn't?
21 positions (13.6% of FDVV) are unique to FDVV, led by ORK, NLY and MTN. In the other direction, 429 positions (53.5% of SPY) are unique to SPY.