RWR vs SPYD: Holdings Overlap
RWRState Street® SPDR® Dow Jones® REIT ETF
State Street (SPDR) · 97 holdings · $1.9B · as of 2026-08-06
SPYDState Street® SPDR® Portfolio S&P 500® High Dividend ETF
State Street (SPDR) · 80 holdings · $7.7B · as of 2026-08-06
How similar are RWR and SPYD?
State Street® SPDR® Dow Jones® REIT ETF (RWR, by State Street (SPDR)) holds 97 positions; State Street® SPDR® Portfolio S&P 500® High Dividend ETF (SPYD, by State Street (SPDR)) holds 80. They have 17 holdings in common, and by portfolio weight the two funds are 19.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 19.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 17RWR holds 97 · SPYD holds 80
- Weight in Shared Holdings
- RWR 33%·SPYD 21%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 RWR
80 of 97 positions (65.7% of the fund) are not held by SPYD. Showing the top 30 by weight.
Only in SPYD
63 of 80 positions (78.9% of the fund) are not held by RWR. Showing the top 30 by weight.
Sector Breakdown
| Sector | RWR | SPYD |
|---|---|---|
| Real Estate | 99.0% | 24.3% |
| Consumer Staples | 0.0% | 15.0% |
| Financials | 0.0% | 14.0% |
| Utilities | 0.0% | 10.5% |
| Materials | 0.0% | 7.7% |
| Other Sectors | 0.0% | 28.0% |
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 |
|---|---|---|---|---|---|---|---|
| RWR | -0.8% | +18.6% | +23.5% | +11.8% | +4.3% | +4.9% | 3.29% |
| SPYD | +2.8% | +17.9% | +21.3% | +14.3% | +9.3% | +8.7% | 4.07% |
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 RWR vs SPYD →
Shared Holdings(17)
The top 10 shared positions account for 64% of the overlap, led by PSA, EXR and INVH.
 PSAPublic Storage COM | 4.70% | 1.30% | 1.30% |
|---|---|---|---|
 EXRExtra Space Storage Inc. COM | 2.93% | 1.27% | 1.27% |
 INVHInvitation Homes Inc. COM | 1.54% | 1.27% | 1.27% |
 MAAMid-America Apartment Communities, Inc. COM | 1.44% | 1.26% | 1.26% |
 SPGSimon Property Group Inc COM | 4.57% | 1.21% | 1.21% |
 EQREquity Residential SH BEN INT | 2.11% | 1.21% | 1.21% |
 ESSEssex Property Trust, Inc. COM | 1.70% | 1.20% | 1.20% |
 ORealty Income Corporation COM | 4.40% | 1.19% | 1.19% |
 HSTHost Hotels & Resorts Inc COM | 1.38% | 1.18% | 1.18% |
 DOCHealthpeak Properties Inc COM | 1.35% | 1.18% | 1.18% |
 REGRegency Centers Corp. COM | 1.18% | 1.16% | 1.16% |
 KIMKimco Realty Corporation COM | 1.53% | 1.16% | 1.16% |
 UDRUDR Inc COM | 1.05% | 1.19% | 1.05% |
 CPTCamden Property Trust SH BEN INT | 1.03% | 1.22% | 1.03% |
 BXPBXP Inc COM | 0.95% | 1.26% | 0.95% |
 FRTFederal Realty Investment Trust SH BEN INT NEW | 0.86% | 1.17% | 0.86% |
 AREAlexandria Real Estate Equities, Inc. COM | 0.71% | 1.21% | 0.71% |
Frequently Asked Questions
How much do RWR and SPYD overlap?
RWR and SPYD overlap by 19.2% of portfolio weight. They share 17 holdings (RWR holds 97 positions and SPYD holds 80), based on each fund's latest SEC-reported holdings.
Is it redundant to own both RWR and SPYD?
The two portfolios are 19.2% 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 RWR and SPYD?
The largest positions held by both funds are PSA, EXR, INVH, MAA and SPG. Together the top 10 shared positions account for 64% of the total overlap.
What does RWR own that SPYD doesn't?
80 positions (65.7% of RWR) are unique to RWR, led by WELL, PLD and DLR. In the other direction, 63 positions (78.9% of SPYD) are unique to SPYD.