SPHD vs VIG: Holdings Overlap
SPHDInvesco S&P 500 High Dividend Low Volatility ETF
Invesco · 49 holdings · $3.4B · as of 2026-05-31
VIGVanguard Dividend Appreciation Index Fund
Vanguard · 332 holdings · $113.6B · as of 2026-04-30
Holdings snapshots are 31 days apart (SPHD: 2026-05-31, VIG: 2026-04-30). 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 SPHD and VIG?
Invesco S&P 500 High Dividend Low Volatility ETF (SPHD, by Invesco) holds 49 positions; Vanguard Dividend Appreciation Index Fund (VIG, by Vanguard) holds 332. They have 4 holdings in common, and by portfolio weight the two funds are 2.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 4SPHD holds 49 · VIG holds 332
- Weight in Shared Holdings
- SPHD 6%·VIG 3%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 SPHD
45 of 49 positions (93.3% of the fund) are not held by VIG. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPHD | VIG |
|---|---|---|
| Information Technology | 0.0% | 25.5% |
| Real Estate | 21.2% | 0.0% |
| Financials | 16.0% | 20.5% |
| Consumer Staples | 18.1% | 10.2% |
| Health Care | 5.0% | 16.4% |
| Other Sectors | 39.0% | 26.8% |
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 |
|---|---|---|---|---|---|---|---|
| SPHD | +1.0% | +12.8% | +14.8% | +12.6% | +8.0% | +7.2% | 4.54% |
| VIG | +2.7% | +12.5% | +21.0% | +16.3% | +10.9% | +13.2% | 1.46% |
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 SPHD vs VIG →
Shared Holdings(4)
The top 4 shared positions account for 100% of the overlap, led by XOM, FITB and DTE.
Frequently Asked Questions
How much do SPHD and VIG overlap?
SPHD and VIG overlap by 2.0% of portfolio weight. They share 4 holdings (SPHD holds 49 positions and VIG holds 332), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPHD and VIG?
The two portfolios are 2.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of SPHD and VIG?
The largest positions held by both funds are XOM, FITB, DTE and PFG. Together the top 4 shared positions account for 100% of the total overlap.
What does SPHD own that VIG doesn't?
45 positions (93.3% of SPHD) are unique to SPHD, led by VZ, MO and DOC. In the other direction, 328 positions (96.0% of VIG) are unique to VIG.