SPY vs XRT: Holdings Overlap
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
XRTState Street® SPDR® S&P® Retail ETF
State Street (SPDR) · 75 holdings · $485M · as of 2026-08-06
How similar are SPY and XRT?
State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504 positions; State Street® SPDR® S&P® Retail ETF (XRT, by State Street (SPDR)) holds 75. They have 17 holdings in common, and by portfolio weight the two funds are 4.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 17SPY holds 504 · XRT holds 75
- Weight in Shared Holdings
- SPY 6%·XRT 23%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
487 of 504 positions (93.4% of the fund) are not held by XRT. Showing the top 30 by weight.
Only in XRT
58 of 75 positions (76.5% of the fund) are not held by SPY. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPY | XRT |
|---|---|---|
| Consumer Discretionary | 9.3% | 79.2% |
| Information Technology | 37.6% | 0.0% |
| Consumer Staples | 4.5% | 19.8% |
| Financials | 12.3% | 0.0% |
| Communication Services | 9.7% | 0.0% |
| Other Sectors | 26.5% | 0.0% |
| Unclassified | 0.0% | 0.9% |
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, 1% of XRT).
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% |
| XRT | +4.2% | +7.0% | +12.7% | +12.1% | +0.7% | +8.9% | 0.74% |
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 XRT →
Shared Holdings(17)
The top 10 shared positions account for 93% of the overlap, led by AMZN, WMT and COST.
 AMZNAmazon.com, Inc. COM | 4.02% | 1.51% | 1.51% |
|---|---|---|---|
 WMTWalmart Inc COM | 0.74% | 1.23% | 0.74% |
 COSTCostco Wholesale Corporation COM | 0.63% | 1.27% | 0.63% |
 TJXThe TJX Companies Inc. COM | 0.27% | 1.27% | 0.27% |
 ROSTRoss Stores Inc COM | 0.12% | 1.45% | 0.12% |
 ORLYO'Reilly Automotive Inc. COM | 0.12% | 1.36% | 0.12% |
 TGTTarget Corp. COM | 0.10% | 1.51% | 0.10% |
 AZOAutozone, Inc. COM | 0.08% | 1.30% | 0.08% |
 CVNACarvana Co., Class A | 0.07% | 1.34% | 0.07% |
 EBAYeBay Inc. COM | 0.07% | 1.36% | 0.07% |
 KRThe Kroger Co. COM | 0.05% | 1.17% | 0.05% |
 CASYCasey'S General Stores Inc. COM | 0.05% | 1.20% | 0.05% |
 DGDollar General Corporation COM | 0.04% | 1.53% | 0.04% |
 DLTRDollar Tree Inc COM | 0.04% | 1.55% | 0.04% |
 ULTAUlta Beauty Inc COM | 0.04% | 1.51% | 0.04% |
 TSCOTractor Supply Co COM | 0.03% | 1.46% | 0.03% |
 BBYBest Buy Co Inc. COM | 0.02% | 1.39% | 0.02% |
Frequently Asked Questions
How much do SPY and XRT overlap?
SPY and XRT overlap by 4.0% of portfolio weight. They share 17 holdings (SPY holds 504 positions and XRT holds 75), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPY and XRT?
The two portfolios are 4.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of SPY and XRT?
The largest positions held by both funds are AMZN, WMT, COST, TJX and ROST. Together the top 10 shared positions account for 93% of the total overlap.
What does SPY own that XRT doesn't?
487 positions (93.4% of SPY) are unique to SPY, led by NVDA, AAPL and MSFT. In the other direction, 58 positions (76.5% of XRT) are unique to XRT.