SPLV vs SPYD: Holdings Overlap
SPLVInvesco S&P 500 Low Volatility ETF
Invesco · 100 holdings · $7.2B · as of 2026-05-31
SPYDState Street® SPDR® Portfolio S&P 500® High Dividend ETF
State Street (SPDR) · 80 holdings · $7.7B · as of 2026-08-06
Holdings snapshots are 67 days apart (SPLV: 2026-05-31, SPYD: 2026-08-06). 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 SPLV and SPYD?
Invesco S&P 500 Low Volatility ETF (SPLV, by Invesco) holds 100 positions; State Street® SPDR® Portfolio S&P 500® High Dividend ETF (SPYD, by State Street (SPDR)) holds 80. They have 26 holdings in common, and by portfolio weight the two funds are 26.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 26.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 26SPLV holds 100 · SPYD holds 80
- Weight in Shared Holdings
- SPLV 27%·SPYD 31%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 SPLV
74 of 100 positions (73.2% of the fund) are not held by SPYD. Showing the top 30 by weight.
Only in SPYD
54 of 80 positions (68.0% of the fund) are not held by SPLV. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPLV | SPYD |
|---|---|---|
| Utilities | 25.0% | 10.5% |
| Real Estate | 17.7% | 24.3% |
| Financials | 21.0% | 14.0% |
| Consumer Staples | 9.4% | 15.0% |
| Industrials | 12.2% | 5.1% |
| Other Sectors | 14.3% | 30.5% |
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 |
|---|---|---|---|---|---|---|---|
| SPLV | -0.7% | +8.1% | +6.1% | +9.1% | +6.0% | +8.3% | 2.12% |
| 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 SPLV vs SPYD →
Shared Holdings(26)
The top 10 shared positions account for 44% of the overlap, led by DUK, EVRG and O.
 DUKDuke Energy Corp COM NEW | 1.25% | 1.20% | 1.20% |
|---|---|---|---|
 EVRGEvergy Inc COM | 1.22% | 1.19% | 1.19% |
 ORealty Income Corporation COM | 1.19% | 1.19% | 1.19% |
 VICIVICI Properties, Inc., Class A | 1.18% | 1.23% | 1.18% |
 FEFirstEnergy Corp. COM | 1.34% | 1.18% | 1.18% |
 PNWPinnacle West Capital Corp. COM | 1.19% | 1.17% | 1.17% |
 REGRegency Centers Corp. COM | 1.18% | 1.16% | 1.16% |
 DDominion Energy Inc COM | 1.13% | 1.16% | 1.13% |
 FRTFederal Realty Investment Trust SH BEN INT NEW | 1.09% | 1.17% | 1.09% |
 EXCExelon Corp. COM | 1.06% | 1.20% | 1.06% |
 KIMKimco Realty Corporation COM | 1.03% | 1.16% | 1.03% |
 MAAMid-America Apartment Communities, Inc. COM | 0.99% | 1.26% | 0.99% |
 CPTCamden Property Trust SH BEN INT | 0.99% | 1.22% | 0.99% |
 SPGSimon Property Group Inc COM | 0.97% | 1.21% | 0.97% |
 UDRUDR Inc COM | 0.95% | 1.19% | 0.95% |
 INVHInvitation Homes Inc. COM | 0.94% | 1.27% | 0.94% |
 KMIKinder Morgan, Inc. COM | 0.94% | 1.19% | 0.94% |
 MDTMedtronic PLC USD0.0001 | 0.93% | 1.30% | 0.93% |
 EQREquity Residential SH BEN INT | 0.93% | 1.21% | 0.93% |
 ESSEssex Property Trust, Inc. COM | 0.91% | 1.20% | 0.91% |
 CVXChevron Corp. COM | 0.88% | 1.21% | 0.88% |
 MOAltria Group, Inc. COM | 0.86% | 1.16% | 0.86% |
 TAT&T Inc COM | 0.85% | 1.27% | 0.85% |
 USBU.S. Bancorp. COM NEW | 0.85% | 1.22% | 0.85% |
 PSAPublic Storage COM | 0.85% | 1.30% | 0.85% |
Frequently Asked Questions
How much do SPLV and SPYD overlap?
SPLV and SPYD overlap by 26.2% of portfolio weight. They share 26 holdings (SPLV holds 100 positions and SPYD holds 80), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPLV and SPYD?
The two portfolios are 26.2% 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 SPLV and SPYD?
The largest positions held by both funds are DUK, EVRG, O, VICI and FE. Together the top 10 shared positions account for 44% of the total overlap.
What does SPLV own that SPYD doesn't?
74 positions (73.2% of SPLV) are unique to SPLV, led by L, BRK-B and AEE. In the other direction, 54 positions (68.0% of SPYD) are unique to SPYD.