KNG vs SPHD: Holdings Overlap
KNGFT Vest S&P 500 Dividend Aristocrats Target Income ETF
First Trust · 69 holdings · $3.5B · as of 2026-04-30
SPHDInvesco S&P 500 High Dividend Low Volatility ETF
Invesco · 49 holdings · $3.4B · as of 2026-05-31
Holdings snapshots are 31 days apart (KNG: 2026-04-30, 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 KNG and SPHD?
FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG, by First Trust) holds 69 positions; Invesco S&P 500 High Dividend Low Volatility ETF (SPHD, by Invesco) holds 49. They have 11 holdings in common, and by portfolio weight the two funds are 15.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 15.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 11KNG holds 69 · SPHD holds 49
- Weight in Shared Holdings
- KNG 16%·SPHD 22%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
58 of 69 positions (84.0% of the fund) are not held by SPHD. Showing the top 30 by weight.
Sector Breakdown
| Sector | KNG | SPHD |
|---|---|---|
| Consumer Staples | 23.5% | 18.1% |
| Industrials | 21.8% | 1.4% |
| Real Estate | 4.4% | 21.2% |
| Financials | 12.7% | 16.0% |
| Utilities | 6.1% | 13.8% |
| Other Sectors | 31.6% | 28.8% |
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% |
| 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 KNG vs SPHD →
Shared Holdings(11)
The top 10 shared positions account for 93% of the overlap, led by BEN, ES and XOM.
 BENFranklin Resources Inc. COM | 1.60% | 2.80% | 1.60% |
|---|---|---|---|
 ESEversource Energy COM | 1.54% | 1.82% | 1.54% |
 XOMExxon Mobil Corp. COM | 1.51% | 1.54% | 1.51% |
 CVXChevron Corp. COM | 1.51% | 2.09% | 1.51% |
 TROWPrice T Rowe Group Inc. COM | 1.51% | 2.08% | 1.51% |
 KMBKimberly-Clark Corporation COM | 1.48% | 2.08% | 1.48% |
 HRLHormel Foods Corp COM | 1.47% | 1.98% | 1.47% |
 ORealty Income Corporation COM | 1.46% | 2.42% | 1.46% |
 CLXThe Clorox Company COM | 1.41% | 1.69% | 1.41% |
 AMCRAmcor PLC COM NEW | 1.35% | 2.40% | 1.35% |
 GPCGenuine Parts Co COM | 1.36% | 1.03% | 1.03% |
Frequently Asked Questions
How much do KNG and SPHD overlap?
KNG and SPHD overlap by 15.9% of portfolio weight. They share 11 holdings (KNG holds 69 positions and SPHD holds 49), based on each fund's latest SEC-reported holdings.
Is it redundant to own both KNG and SPHD?
The two portfolios are 15.9% 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 KNG and SPHD?
The largest positions held by both funds are BEN, ES, XOM, CVX and TROW. Together the top 10 shared positions account for 93% of the total overlap.
What does KNG own that SPHD doesn't?
58 positions (84.0% of KNG) are unique to KNG, led by CAT, WST and NUE. In the other direction, 38 positions (77.5% of SPHD) are unique to SPHD.