HDV vs XLF: Holdings Overlap
HDViShares Core High Dividend ETF
iShares · 75 holdings · $14.9B · as of 2026-04-30
XLFState Street® Financial Select Sector SPDR® ETF
State Street (SPDR) · 77 holdings · $59.1B · as of 2026-08-06
Holdings snapshots are 98 days apart (HDV: 2026-04-30, XLF: 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 XLF?
iShares Core High Dividend ETF (HDV, by iShares) holds 75 positions; State Street® Financial Select Sector SPDR® ETF (XLF, by State Street (SPDR)) holds 77. They have 7 holdings in common, and by portfolio weight the two funds are 6.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 7HDV holds 75 · XLF holds 77
- Weight in Shared Holdings
- HDV 11%·XLF 6%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
68 of 75 positions (88.8% of the fund) are not held by XLF. Showing the top 30 by weight.
Only in XLF
70 of 77 positions (93.5% of the fund) are not held by HDV. Showing the top 30 by weight.
Sector Breakdown
| Sector | HDV | XLF |
|---|---|---|
| Financials | 11.0% | 99.8% |
| Consumer Staples | 24.0% | 0.0% |
| Energy | 22.2% | 0.0% |
| Health Care | 16.4% | 0.0% |
| Utilities | 9.3% | 0.0% |
| Other Sectors | 16.8% | 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.
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% |
| XLF | +2.8% | +6.1% | +13.9% | +19.5% | +10.7% | +13.5% | 1.40% |
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 XLF →
Shared Holdings(7)
The top 7 shared positions account for 100% of the overlap, led by PGR, PNC and BX.
 PGRThe Progressive Corporation COM | 3.79% | 1.54% | 1.54% |
|---|---|---|---|
 PNCPNC Financial Services Group, Inc. (The) | 1.43% | 1.24% | 1.24% |
 BXBlackstone Inc., Class A | 2.42% | 1.21% | 1.21% |
 USBU.S. Bancorp. COM NEW | 1.68% | 1.21% | 1.21% |
 MTBM&T Bank Corporation COM | 0.46% | 0.45% | 0.45% |
 RFRegions Financial Corporation COM | 0.47% | 0.33% | 0.33% |
 TROWPrice T Rowe Group Inc. COM | 0.60% | 0.30% | 0.30% |
Frequently Asked Questions
How much do HDV and XLF overlap?
HDV and XLF overlap by 6.3% of portfolio weight. They share 7 holdings (HDV holds 75 positions and XLF holds 77), based on each fund's latest SEC-reported holdings.
Is it redundant to own both HDV and XLF?
The two portfolios are 6.3% 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 XLF?
The largest positions held by both funds are PGR, PNC, BX, USB and MTB. Together the top 7 shared positions account for 100% of the total overlap.
What does HDV own that XLF doesn't?
68 positions (88.8% of HDV) are unique to HDV, led by XOM, CVX and JNJ. In the other direction, 70 positions (93.5% of XLF) are unique to XLF.