KNG vs SDY: Holdings Overlap
KNGFT Vest S&P 500 Dividend Aristocrats Target Income ETF
First Trust · 69 holdings · $3.5B · as of 2026-04-30
SDYState Street® SPDR® S&P® Dividend ETF
State Street (SPDR) · 154 holdings · $22.0B · as of 2026-08-06
Holdings snapshots are 98 days apart (KNG: 2026-04-30, SDY: 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 KNG and SDY?
FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG, by First Trust) holds 69 positions; State Street® SPDR® S&P® Dividend ETF (SDY, by State Street (SPDR)) holds 154. They have 67 holdings in common, and by portfolio weight the two funds are 54.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 54.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 67KNG holds 69 · SDY holds 154
- Weight in Shared Holdings
- KNG 97%·SDY 56%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 KNG
2 of 69 positions (3.0% of the fund) are not held by SDY.
Only in SDY
87 of 154 positions (43.9% of the fund) are not held by KNG. Showing the top 30 by weight.
Sector Breakdown
| Sector | KNG | SDY |
|---|---|---|
| Consumer Staples | 23.5% | 15.2% |
| Industrials | 21.8% | 18.7% |
| Utilities | 6.1% | 13.2% |
| Financials | 12.7% | 12.5% |
| Materials | 11.5% | 7.6% |
| Other Sectors | 24.5% | 32.7% |
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 |
|---|---|---|---|---|---|---|---|
| KNG | +1.6% | +11.1% | +13.7% | +7.8% | +6.0% | — | 8.10% |
| SDY | +1.4% | +14.8% | +16.9% | +10.8% | +7.8% | +9.4% | 2.36% |
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 KNG vs SDY →
Shared Holdings(67)
The top 10 shared positions account for 27% of the overlap, led by CVX, PEP and KMB.
 CVXChevron Corp. COM | 1.51% | 1.80% | 1.51% |
|---|---|---|---|
 PEPPepsico Inc COM | 1.49% | 1.91% | 1.49% |
 KMBKimberly-Clark Corporation COM | 1.48% | 1.52% | 1.48% |
 KVUEKenvue Inc. COM | 1.47% | 1.54% | 1.47% |
 ORealty Income Corporation COM | 1.46% | 2.15% | 1.46% |
 ADPAutomatic Data Processing, Inc. COM | 1.52% | 1.46% | 1.46% |
 MDTMedtronic PLC USD0.0001 | 1.44% | 1.65% | 1.44% |
 TGTTarget Corp. COM | 1.43% | 1.59% | 1.43% |
 BDXBecton, Dickinson and Company COM | 1.38% | 1.37% | 1.37% |
 EDConsolidated Edison, Inc. COM | 1.50% | 1.33% | 1.33% |
 ABTAbbott Laboratories COM | 1.42% | 1.27% | 1.27% |
 PGThe Procter & Gamble Co. COM | 1.50% | 1.25% | 1.25% |
 MCDMcDonald's Corp. COM | 1.42% | 1.23% | 1.23% |
 KOCoca-Cola Co (The) COM | 1.53% | 1.18% | 1.18% |
 IBMInternational Business Machines Corp. COM | 1.31% | 1.17% | 1.17% |
 SYYSysco Corporation COM | 1.45% | 1.16% | 1.16% |
 NEENextEra Energy Inc COM | 1.57% | 1.15% | 1.15% |
 ABBVAbbVie Inc. COM | 1.50% | 1.13% | 1.13% |
 ESEversource Energy COM | 1.54% | 1.10% | 1.10% |
 ITWIllinois Tool Works Inc. COM | 1.39% | 1.09% | 1.09% |
 APDAir Products & Chemicals, Inc. COM | 1.48% | 1.07% | 1.07% |
 LOWLowes Companies, Inc. COM | 1.38% | 1.04% | 1.04% |
 ADMArcher-Daniels-Midland Co. COM | 1.55% | 1.03% | 1.03% |
 CLColgate-Palmolive Co. COM | 1.52% | 1.00% | 1.00% |
 PPGPPG Industries, Inc. COM | 1.42% | 1.00% | 1.00% |
Frequently Asked Questions
How much do KNG and SDY overlap?
KNG and SDY overlap by 54.1% of portfolio weight. They share 67 holdings (KNG holds 69 positions and SDY holds 154), based on each fund's latest SEC-reported holdings.
Is it redundant to own both KNG and SDY?
The two portfolios are 54.1% 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 KNG and SDY?
The largest positions held by both funds are CVX, PEP, KMB, KVUE and O. Together the top 10 shared positions account for 27% of the total overlap.
What does KNG own that SDY doesn't?
2 positions (3.0% of KNG) are unique to KNG, led by CHD and XOM. In the other direction, 87 positions (43.9% of SDY) are unique to SDY.