HDV vs SPY: Holdings Overlap
HDViShares Core High Dividend ETF
iShares · 75 holdings · $14.9B · 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 (HDV: 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 HDV and SPY?
iShares Core High Dividend ETF (HDV, by iShares) holds 75 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 55 holdings in common, and by portfolio weight the two funds are 9.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 9.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 55HDV holds 75 · SPY holds 504
- Weight in Shared Holdings
- HDV 89%·SPY 9%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 HDV
20 of 75 positions (10.4% of the fund) are not held by SPY.
Sector Breakdown
| Sector | HDV | SPY |
|---|---|---|
| Information Technology | 7.5% | 37.6% |
| Consumer Staples | 24.0% | 4.5% |
| Energy | 22.2% | 3.2% |
| Health Care | 16.4% | 8.9% |
| Financials | 11.0% | 12.3% |
| Other Sectors | 18.5% | 33.4% |
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 |
|---|---|---|---|---|---|---|---|
| HDV | +2.8% | +20.2% | +24.7% | +15.7% | +12.1% | +9.6% | 3.06% |
| 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 HDV vs SPY →
Shared Holdings(55)
The top 10 shared positions account for 56% of the overlap, led by JNJ, ABBV and CVX.
 JNJJohnson & Johnson COM | 5.68% | 0.93% | 0.93% |
|---|---|---|---|
 ABBVAbbVie Inc. COM | 5.44% | 0.65% | 0.65% |
 CVXChevron Corp. COM | 6.42% | 0.53% | 0.53% |
 HDHome Depot, Inc. (The) | 4.07% | 0.52% | 0.52% |
 PGThe Procter & Gamble Co. COM | 4.46% | 0.52% | 0.52% |
 KOCoca-Cola Co (The) COM | 3.86% | 0.51% | 0.51% |
 MRKMerck & Co., Inc COM | 3.77% | 0.48% | 0.48% |
 PMPhilip Morris International Inc. COM | 4.17% | 0.44% | 0.44% |
 TXNTexas Instruments Inc. COM | 3.54% | 0.38% | 0.38% |
 PEPPepsico Inc COM | 3.66% | 0.29% | 0.29% |
 QCOMQUALCOMM Inc. COM | 2.37% | 0.25% | 0.25% |
 COPConocoPhillips COM | 2.13% | 0.21% | 0.21% |
 PGRThe Progressive Corporation COM | 3.79% | 0.19% | 0.19% |
 SBUXStarbucks Corp. COM | 1.42% | 0.18% | 0.18% |
 MOAltria Group, Inc. COM | 3.70% | 0.17% | 0.17% |
 MDTMedtronic PLC USD0.0001 | 1.55% | 0.17% | 0.17% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 1.64% | 0.16% | 0.16% |
 SOSouthern Co. (The) | 1.55% | 0.16% | 0.16% |
 PNCPNC Financial Services Group, Inc. (The) | 1.43% | 0.15% | 0.15% |
 BXBlackstone Inc., Class A | 2.42% | 0.15% | 0.15% |
 USBU.S. Bancorp. COM NEW | 1.68% | 0.15% | 0.15% |
 DUKDuke Energy Corp COM NEW | 1.57% | 0.15% | 0.15% |
 WMBWilliams Companies Inc. (The) COM | 1.21% | 0.13% | 0.13% |
 MDLZMondelez International, Inc., Class A | 1.31% | 0.12% | 0.12% |
 ITWIllinois Tool Works Inc. COM | 0.83% | 0.12% | 0.12% |
Frequently Asked Questions
How much do HDV and SPY overlap?
HDV and SPY overlap by 9.3% of portfolio weight. They share 55 holdings (HDV holds 75 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both HDV and SPY?
The two portfolios are 9.3% 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 HDV and SPY?
The largest positions held by both funds are JNJ, ABBV, CVX, HD and PG. Together the top 10 shared positions account for 56% of the total overlap.
What does HDV own that SPY doesn't?
20 positions (10.4% of HDV) are unique to HDV, led by XOM, CTRA and WSO. In the other direction, 449 positions (90.6% of SPY) are unique to SPY.