SPY vs TDIV: Holdings Overlap
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
TDIVFirst Trust NASDAQ Technology Dividend Index Fund
First Trust · 95 holdings · $4.4B · as of 2026-03-31
Holdings snapshots are 128 days apart (SPY: 2026-08-06, TDIV: 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 SPY and TDIV?
State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504 positions; First Trust NASDAQ Technology Dividend Index Fund (TDIV, by First Trust) holds 95. They have 35 holdings in common, and by portfolio weight the two funds are 15.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 15.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 35SPY holds 504 · TDIV holds 95
- Weight in Shared Holdings
- SPY 15%·TDIV 81%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 SPY
469 of 504 positions (84.9% of the fund) are not held by TDIV. Showing the top 30 by weight.
Only in TDIV
60 of 95 positions (19.0% of the fund) are not held by SPY. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPY | TDIV |
|---|---|---|
| Information Technology | 37.6% | 80.7% |
| Communication Services | 9.7% | 14.1% |
| Financials | 12.3% | 0.0% |
| Consumer Discretionary | 9.3% | 0.0% |
| Health Care | 8.9% | 0.0% |
| Other Sectors | 22.1% | 2.1% |
| Unclassified | 0.0% | 2.9% |
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. “Unclassified” is weight we could not classify (0% of SPY, 3% of TDIV).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SPY | +3.4% | +14.0% | +23.7% | +21.2% | +13.3% | +15.3% | 0.97% |
| TDIV | +4.3% | +21.7% | +31.1% | +27.8% | +17.1% | +17.5% | 1.29% |
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 SPY vs TDIV →
Shared Holdings(35)
The top 10 shared positions account for 80% of the overlap, led by MSFT, AVGO and CSCO.
 MSFTMicrosoft Corp. COM | 5.60% | 7.87% | 5.60% |
|---|---|---|---|
 AVGOBroadcom Inc COM | 3.00% | 8.09% | 3.00% |
 CSCOCisco Systems, Inc. COM | 0.72% | 2.04% | 0.72% |
 AMATApplied Materials Inc. COM | 0.63% | 1.88% | 0.63% |
 TXNTexas Instruments Inc. COM | 0.38% | 7.64% | 0.38% |
 KLACKLA Corp. COM NEW | 0.38% | 1.36% | 0.38% |
 ORCLOracle Corp. COM | 0.37% | 8.07% | 0.37% |
 IBMInternational Business Machines Corp. COM | 0.33% | 8.42% | 0.33% |
 APHAmphenol Corporation CL A | 0.32% | 1.15% | 0.32% |
 VZVerizon Communications Inc. COM | 0.30% | 2.09% | 0.30% |
 STXSeagate Technology Holdings PLC ORD SHS | 0.29% | 0.88% | 0.29% |
 ADIAnalog Devices Inc. COM | 0.28% | 2.50% | 0.28% |
 QCOMQUALCOMM Inc. COM | 0.25% | 3.78% | 0.25% |
 TAT&T Inc COM | 0.25% | 2.16% | 0.25% |
 CRMSalesforce Inc. COM | 0.23% | 2.16% | 0.23% |
 DELLDell Technologies, Inc., Class C | 0.19% | 1.13% | 0.19% |
 GLWCorning Incorporated COM | 0.19% | 1.26% | 0.19% |
 CMCSAComcast Corporation CL A | 0.14% | 1.94% | 0.14% |
 INTUIntuit Inc COM | 0.13% | 1.90% | 0.13% |
 TMUST-Mobile US Inc COM | 0.13% | 2.02% | 0.13% |
 MSIMotorola Solutions Inc COM NEW | 0.12% | 1.88% | 0.12% |
 HPEHewlett Packard Enterprise Co. COM | 0.10% | 1.14% | 0.10% |
 MPWRMonolithic Power Systems Inc. COM | 0.10% | 0.42% | 0.10% |
 TELTE Connectivity PLC ORD SHS | 0.09% | 1.07% | 0.09% |
 NXPINXP Semiconductors NV EUR0.20 | 0.09% | 1.29% | 0.09% |
Frequently Asked Questions
How much do SPY and TDIV overlap?
SPY and TDIV overlap by 15.0% of portfolio weight. They share 35 holdings (SPY holds 504 positions and TDIV holds 95), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPY and TDIV?
The two portfolios are 15.0% 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 SPY and TDIV?
The largest positions held by both funds are MSFT, AVGO, CSCO, AMAT and TXN. Together the top 10 shared positions account for 80% of the total overlap.
What does SPY own that TDIV doesn't?
469 positions (84.9% of SPY) are unique to SPY, led by NVDA, AAPL and AMZN. In the other direction, 60 positions (19.0% of TDIV) are unique to TDIV.