SDY vs XLP: Holdings Overlap
SDYState Street® SPDR® S&P® Dividend ETF
State Street (SPDR) · 154 holdings · $22.0B · as of 2026-08-06
XLPState Street® Consumer Staples Select Sector SPDR® ETF
State Street (SPDR) · 34 holdings · $14.7B · as of 2026-08-06
How similar are SDY and XLP?
State Street® SPDR® S&P® Dividend ETF (SDY, by State Street (SPDR)) holds 154 positions; State Street® Consumer Staples Select Sector SPDR® ETF (XLP, by State Street (SPDR)) holds 34. They have 17 holdings in common, and by portfolio weight the two funds are 15.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 15.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 17SDY holds 154 · XLP holds 34
- Weight in Shared Holdings
- SDY 15%·XLP 62%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 SDY
137 of 154 positions (84.8% of the fund) are not held by XLP. Showing the top 30 by weight.
Sector Breakdown
| Sector | SDY | XLP |
|---|---|---|
| Consumer Staples | 15.2% | 99.8% |
| Industrials | 18.7% | 0.0% |
| Utilities | 13.2% | 0.0% |
| Financials | 12.5% | 0.0% |
| Health Care | 8.4% | 0.0% |
| Other Sectors | 31.9% | 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 |
|---|---|---|---|---|---|---|---|
| SDY | +1.4% | +14.8% | +16.9% | +10.8% | +7.8% | +9.4% | 2.36% |
| XLP | +0.3% | +11.0% | +6.4% | +7.1% | +6.5% | +7.4% | 2.58% |
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 SDY vs XLP →
Shared Holdings(17)
The top 10 shared positions account for 84% of the overlap, led by PEP, TGT and KVUE.
 PEPPepsico Inc COM | 1.91% | 4.33% | 1.91% |
|---|---|---|---|
 TGTTarget Corp. COM | 1.59% | 4.25% | 1.59% |
 KVUEKenvue Inc. COM | 1.54% | 2.34% | 1.54% |
 KMBKimberly-Clark Corporation COM | 1.52% | 2.29% | 1.52% |
 PGThe Procter & Gamble Co. COM | 1.25% | 7.29% | 1.25% |
 KOCoca-Cola Co (The) COM | 1.18% | 7.17% | 1.18% |
 SYYSysco Corporation COM | 1.16% | 2.56% | 1.16% |
 ADMArcher-Daniels-Midland Co. COM | 1.03% | 2.37% | 1.03% |
 CLColgate-Palmolive Co. COM | 1.00% | 4.67% | 1.00% |
 MKCMcCormick & Company, Incorporated COM NON VTG | 0.54% | 0.84% | 0.54% |
 CLXThe Clorox Company COM | 0.53% | 0.81% | 0.53% |
 SJMThe J M Smucker Company COM NEW | 0.51% | 0.81% | 0.51% |
 WMTWalmart Inc COM | 0.38% | 10.47% | 0.38% |
 HRLHormel Foods Corp COM | 0.30% | 0.47% | 0.30% |
 COSTCostco Wholesale Corporation COM | 0.28% | 8.97% | 0.28% |
 BF-BBrown-Forman Corp., Class B | 0.20% | 0.30% | 0.20% |
 CASYCasey'S General Stores Inc. COM | 0.14% | 1.96% | 0.14% |
Frequently Asked Questions
How much do SDY and XLP overlap?
SDY and XLP overlap by 15.1% of portfolio weight. They share 17 holdings (SDY holds 154 positions and XLP holds 34), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SDY and XLP?
The two portfolios are 15.1% 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 SDY and XLP?
The largest positions held by both funds are PEP, TGT, KVUE, KMB and PG. Together the top 10 shared positions account for 84% of the total overlap.
What does SDY own that XLP doesn't?
137 positions (84.8% of SDY) are unique to SDY, led by VZ, ACN and O. In the other direction, 17 positions (37.9% of XLP) are unique to XLP.