IVV vs SPHD: Holdings Overlap
iShares · 503 holdings · $901.0B · as of 2026-03-31
SPHDInvesco S&P 500 High Dividend Low Volatility ETF
Invesco · 49 holdings · $3.4B · as of 2026-05-31
Holdings snapshots are 61 days apart (IVV: 2026-03-31, SPHD: 2026-05-31). 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 IVV and SPHD?
iShares Core S&P 500 ETF (IVV, by iShares) holds 503 positions; Invesco S&P 500 High Dividend Low Volatility ETF (SPHD, by Invesco) holds 49. They have 49 holdings in common, and by portfolio weight the two funds are 6.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 49IVV holds 503 · SPHD holds 49
- Weight in Shared Holdings
- IVV 6%·SPHD 99%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 IVV
454 of 503 positions (93.8% of the fund) are not held by SPHD. Showing the top 30 by weight.
Only in SPHD
Every position in SPHD is also held by IVV, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | IVV | SPHD |
|---|---|---|
| Information Technology | 32.6% | 0.0% |
| Real Estate | 1.9% | 21.2% |
| Consumer Staples | 5.2% | 18.1% |
| Financials | 12.6% | 16.0% |
| Utilities | 2.5% | 13.8% |
| Other Sectors | 44.8% | 30.2% |
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 |
|---|---|---|---|---|---|---|---|
| IVV | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.05% |
| SPHD | +1.0% | +12.8% | +14.8% | +12.6% | +8.0% | +7.2% | 4.54% |
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 IVV vs SPHD →
Shared Holdings(49)
The top 10 shared positions account for 66% of the overlap, led by XOM, CVX and VZ.
 XOMExxon Mobil Corp. | 1.27% | 1.54% | 1.27% |
|---|---|---|---|
 CVXChevron Corp. | 0.69% | 2.09% | 0.69% |
 VZVerizon Communications, Inc. | 0.38% | 3.47% | 0.38% |
 TAT&T, Inc. | 0.36% | 2.01% | 0.36% |
 PFEPfizer, Inc. | 0.28% | 2.98% | 0.28% |
 BMYBristol-Myers Squibb Co. | 0.22% | 2.06% | 0.22% |
 MOAltria Group, Inc. | 0.20% | 3.43% | 0.20% |
 CMCSAComcast Corp., Class A | 0.18% | 1.60% | 0.18% |
 DUKDuke Energy Corp. | 0.18% | 1.58% | 0.18% |
 WMBWilliams Cos., Inc. (The) | 0.16% | 1.60% | 0.16% |
 USBU.S. Bancorp | 0.14% | 1.61% | 0.14% |
 EOGEOG Resources, Inc. | 0.14% | 1.98% | 0.14% |
 KMIKinder Morgan, Inc. | 0.12% | 1.96% | 0.12% |
 TFCTruist Financial Corp. | 0.10% | 1.74% | 0.10% |
 OKEONEOK, Inc. | 0.10% | 2.64% | 0.10% |
 ORealty Income Corp. | 0.10% | 2.42% | 0.10% |
 DDominion Energy, Inc. | 0.09% | 2.13% | 0.09% |
 EXCExelon Corp. | 0.09% | 1.59% | 0.09% |
 PSAPublic Storage | 0.08% | 2.07% | 0.08% |
 FITBFifth Third Bancorp | 0.07% | 1.32% | 0.07% |
 CCICrown Castle, Inc. | 0.06% | 2.39% | 0.06% |
 PRUPrudential Financial, Inc. | 0.06% | 1.87% | 0.06% |
 KMBKimberly-Clark Corp. | 0.06% | 2.08% | 0.06% |
 HBANHuntington Bancshares, Inc. | 0.06% | 1.33% | 0.06% |
 DTEDTE Energy Co. | 0.05% | 1.53% | 0.05% |
Frequently Asked Questions
How much do IVV and SPHD overlap?
IVV and SPHD overlap by 6.0% of portfolio weight. They share 49 holdings (IVV holds 503 positions and SPHD holds 49), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IVV and SPHD?
The two portfolios are 6.0% 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 IVV and SPHD?
The largest positions held by both funds are XOM, CVX, VZ, T and PFE. Together the top 10 shared positions account for 66% of the total overlap.
What does IVV own that SPHD doesn't?
454 positions (93.8% of IVV) are unique to IVV, led by NVDA, AAPL and MSFT. In the other direction, 0 positions (0.0% of SPHD) are unique to SPHD.