FDVV vs SPYI: Holdings Overlap
FDVVFidelity High Dividend ETF
Fidelity · 96 holdings · $10.4B · as of 2026-04-30
SPYINEOS S&P 500(R) High Income ETF
NEOS · 505 holdings · $11.3B · as of 2026-03-31
Holdings snapshots are 30 days apart (FDVV: 2026-04-30, SPYI: 2026-03-31). 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 SPYI?
Fidelity High Dividend ETF (FDVV, by Fidelity) holds 96 positions; NEOS S&P 500(R) High Income ETF (SPYI, by NEOS) holds 505. They have 77 holdings in common, and by portfolio weight the two funds are 38.6% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 38.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 77FDVV holds 96 · SPYI holds 505
- Weight in Shared Holdings
- FDVV 86%·SPYI 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
19 of 96 positions (13.3% of the fund) are not held by SPYI.
Sector Breakdown
| Sector | FDVV | SPYI |
|---|---|---|
| Information Technology | 26.7% | 32.6% |
| Financials | 19.0% | 12.6% |
| Consumer Discretionary | 13.5% | 9.8% |
| Consumer Staples | 11.3% | 5.2% |
| Communication Services | 3.8% | 10.5% |
| Other Sectors | 24.4% | 28.8% |
| 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 SPYI).
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% |
| SPYI | +2.7% | +10.7% | +19.9% | +16.1% | — | — | 11.65% |
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 SPYI →
Shared Holdings(77)
The top 10 shared positions account for 67% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 6.84% | 7.59% | 6.84% |
|---|---|---|---|
 AAPLApple Inc. COM | 5.69% | 6.74% | 5.69% |
 MSFTMicrosoft Corp. COM | 4.49% | 4.94% | 4.49% |
 AVGOBroadcom Inc COM | 3.49% | 2.61% | 2.61% |
 GOOGLAlphabet Inc. CAP STK CL A | 2.21% | 3.00% | 2.21% |
 JPMJPMORGAN CHASE and CO | 2.57% | 1.44% | 1.44% |
 METAMeta Platforms, Inc., Class A | 0.74% | 2.24% | 0.74% |
 PGProcter & Gamble Co/The | 1.80% | 0.60% | 0.60% |
 HDHome Depot, Inc. (The) | 1.66% | 0.58% | 0.58% |
 BACBank of America Corp. COM | 1.78% | 0.58% | 0.58% |
 LLYELI LILLY and CO | 0.55% | 1.32% | 0.55% |
 KOCoca-Cola Co (The) COM | 1.85% | 0.52% | 0.52% |
 JNJJOHNSON and JOHNSON | 0.49% | 1.06% | 0.49% |
 CATCaterpillar Inc COM | 0.46% | 0.58% | 0.46% |
 PMPhilip Morris International Inc. COM | 1.64% | 0.45% | 0.45% |
 WFCWELLS FARGO and CO | 1.52% | 0.44% | 0.44% |
 GSGoldman Sachs Group, Inc. (The) | 1.71% | 0.44% | 0.44% |
 UNHUnitedHealth Group Inc. COM | 0.46% | 0.43% | 0.43% |
 ABBVAbbVie Inc. COM | 0.40% | 0.69% | 0.40% |
 IBMInternational Business Machines Corp. COM | 0.90% | 0.40% | 0.40% |
 MCDMcDonald's Corp. COM | 1.55% | 0.40% | 0.40% |
 PEPPepsico Inc COM | 1.63% | 0.37% | 0.37% |
 NEENextEra Energy Inc COM | 1.38% | 0.34% | 0.34% |
 MRKMERCK and CO INC NEW | 0.34% | 0.52% | 0.34% |
 GEGeneral Electric Co. | 0.34% | 0.53% | 0.34% |
Frequently Asked Questions
How much do FDVV and SPYI overlap?
FDVV and SPYI overlap by 38.6% of portfolio weight. They share 77 holdings (FDVV holds 96 positions and SPYI holds 505), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FDVV and SPYI?
The two portfolios are 38.6% 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 SPYI?
The largest positions held by both funds are NVDA, AAPL, MSFT, AVGO and GOOGL. Together the top 10 shared positions account for 67% of the total overlap.
What does FDVV own that SPYI doesn't?
19 positions (13.3% of FDVV) are unique to FDVV, led by ORK, NLY and MTN. In the other direction, 428 positions (53.2% of SPYI) are unique to SPYI.