SPY vs XSD: Holdings Overlap
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
XSDState Street® SPDR® S&P® Semiconductor ETF
State Street (SPDR) · 46 holdings · $2.9B · as of 2026-08-06
How similar are SPY and XSD?
State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504 positions; State Street® SPDR® S&P® Semiconductor ETF (XSD, by State Street (SPDR)) holds 46. They have 15 holdings in common, and by portfolio weight the two funds are 10.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 15SPY holds 504 · XSD holds 46
- Weight in Shared Holdings
- SPY 16%·XSD 36%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
489 of 504 positions (84.0% of the fund) are not held by XSD. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPY | XSD |
|---|---|---|
| Information Technology | 37.6% | 95.2% |
| Financials | 12.3% | 0.0% |
| Communication Services | 9.7% | 0.0% |
| Consumer Discretionary | 9.3% | 0.0% |
| Health Care | 8.9% | 0.0% |
| Other Sectors | 22.1% | 1.8% |
| 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 XSD).
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% |
| XSD | +1.8% | +69.5% | +104.0% | +35.6% | +22.7% | +27.6% | 0.14% |
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 XSD →
Shared Holdings(15)
The top 10 shared positions account for 98% of the overlap, led by AVGO, NVDA and MU.
 AVGOBroadcom Inc COM | 3.00% | 2.90% | 2.90% |
|---|---|---|---|
 NVDANVIDIA Corp. COM | 8.00% | 2.81% | 2.81% |
 MUMicron Technology Inc. COM | 1.50% | 2.54% | 1.50% |
 AMDAdvanced Micro Devices Inc. COM | 1.20% | 2.78% | 1.20% |
 INTCIntel Corporation COM | 0.71% | 2.39% | 0.71% |
 TXNTexas Instruments Inc. COM | 0.38% | 2.53% | 0.38% |
 MRVLMarvell Technology Inc COM | 0.28% | 2.14% | 0.28% |
 ADIAnalog Devices Inc. COM | 0.28% | 2.47% | 0.28% |
 QCOMQUALCOMM Inc. COM | 0.25% | 2.15% | 0.25% |
 MPWRMonolithic Power Systems Inc. COM | 0.10% | 2.37% | 0.10% |
 NXPINXP Semiconductors NV EUR0.20 | 0.09% | 2.08% | 0.09% |
 MCHPMicrochip Technology Incorporated COM | 0.06% | 2.17% | 0.06% |
 ONON Semiconductor Corp. COM | 0.05% | 1.83% | 0.05% |
 FSLRFirst Solar Inc COM | 0.04% | 2.51% | 0.04% |
 SWKSSkyworks Solutions, Inc. COM | 0.02% | 2.44% | 0.02% |
Frequently Asked Questions
How much do SPY and XSD overlap?
SPY and XSD overlap by 10.7% of portfolio weight. They share 15 holdings (SPY holds 504 positions and XSD holds 46), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPY and XSD?
The two portfolios are 10.7% 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 XSD?
The largest positions held by both funds are AVGO, NVDA, MU, AMD and INTC. Together the top 10 shared positions account for 98% of the total overlap.
What does SPY own that XSD doesn't?
489 positions (84.0% of SPY) are unique to SPY, led by AAPL, MSFT and AMZN. In the other direction, 31 positions (63.9% of XSD) are unique to XSD.