SPHD vs VTI: Holdings Overlap
SPHDInvesco S&P 500 High Dividend Low Volatility ETF
Invesco · 49 holdings · $3.4B · as of 2026-05-31
VTIVanguard Total Stock Market Index Fund
Vanguard · 3505 holdings · $696.4B · as of 2026-03-31
Holdings snapshots are 61 days apart (SPHD: 2026-05-31, VTI: 2026-03-31). 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 SPHD and VTI?
Invesco S&P 500 High Dividend Low Volatility ETF (SPHD, by Invesco) holds 49 positions; Vanguard Total Stock Market Index Fund (VTI, by Vanguard) holds 3505. They have 48 holdings in common, and by portfolio weight the two funds are 5.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 5.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 48SPHD holds 49 · VTI holds 3505
- Weight in Shared Holdings
- SPHD 97%·VTI 5%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
Sector Breakdown
| Sector | SPHD | VTI |
|---|---|---|
| Information Technology | 0.0% | 30.5% |
| Real Estate | 21.2% | 2.3% |
| Consumer Staples | 18.1% | 5.0% |
| Financials | 16.0% | 12.7% |
| Utilities | 13.8% | 2.5% |
| Other Sectors | 30.2% | 46.4% |
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% |
| VTI | +3.3% | +14.6% | +24.2% | +20.9% | +12.3% | +14.9% | 1.02% |
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 VTI →
Shared Holdings(48)
The top 10 shared positions account for 66% of the overlap, led by XOM, CVX and T.
 XOMExxon Mobil Corp. COM | 1.54% | 1.13% | 1.13% |
|---|---|---|---|
 CVXChevron Corp. COM | 2.09% | 0.63% | 0.63% |
 TAT&T Inc COM | 2.01% | 0.32% | 0.32% |
 VZVerizon Communications Inc. COM | 3.47% | 0.30% | 0.30% |
 PFEPfizer Inc. COM | 2.98% | 0.25% | 0.25% |
 BMYBristol-Myers Squibb Company COM | 2.06% | 0.20% | 0.20% |
 MOAltria Group, Inc. COM | 3.43% | 0.18% | 0.18% |
 CMCSAComcast Corporation CL A | 1.60% | 0.16% | 0.16% |
 DUKDuke Energy Corp COM NEW | 1.58% | 0.16% | 0.16% |
 WMBWilliams Companies Inc. (The) COM | 1.60% | 0.14% | 0.14% |
 USBU.S. Bancorp. COM NEW | 1.61% | 0.13% | 0.13% |
 EOGEOG Resources Inc. COM | 1.98% | 0.12% | 0.12% |
 KMIKinder Morgan, Inc. COM | 1.96% | 0.10% | 0.10% |
 TFCTruist Financial Corp. COM | 1.74% | 0.09% | 0.09% |
 ORealty Income Corporation COM | 2.42% | 0.09% | 0.09% |
 OKEOneok Inc. COM | 2.64% | 0.09% | 0.09% |
 DDominion Energy Inc COM | 2.13% | 0.09% | 0.09% |
 EXCExelon Corp. COM | 1.59% | 0.08% | 0.08% |
 PSAPublic Storage COM | 2.07% | 0.07% | 0.07% |
 FITBFifth Third Bancorp COM | 1.32% | 0.07% | 0.07% |
 CCICrown Castle Inc. COM | 2.39% | 0.06% | 0.06% |
 PRUPrudential Financial, Inc. COM | 1.87% | 0.05% | 0.05% |
 KMBKimberly-Clark Corporation COM | 2.08% | 0.05% | 0.05% |
 HBANHuntington Bancshares Incorporated COM | 1.33% | 0.05% | 0.05% |
 PAYXPaychex Inc COM | 1.45% | 0.05% | 0.05% |
Frequently Asked Questions
How much do SPHD and VTI overlap?
SPHD and VTI overlap by 5.3% of portfolio weight. They share 48 holdings (SPHD holds 49 positions and VTI holds 3505), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPHD and VTI?
The two portfolios are 5.3% 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 SPHD and VTI?
The largest positions held by both funds are XOM, CVX, T, VZ and PFE. Together the top 10 shared positions account for 66% of the total overlap.
What does SPHD own that VTI doesn't?
1 positions (2.4% of SPHD) are unique to SPHD, led by AMCR. In the other direction, 3457 positions (94.4% of VTI) are unique to VTI.