SPYD vs DVY: Holdings Overlap
SPYDState Street® SPDR® Portfolio S&P 500® High Dividend ETF
State Street (SPDR) · 80 holdings · $7.7B · as of 2026-08-06
DVYiShares Select Dividend ETF
iShares · 100 holdings · $23.8B · as of 2026-04-30
Holdings snapshots are 98 days apart (SPYD: 2026-08-06, DVY: 2026-04-30). 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 SPYD and DVY?
State Street® SPDR® Portfolio S&P 500® High Dividend ETF (SPYD, by State Street (SPDR)) holds 80 positions; iShares Select Dividend ETF (DVY, by iShares) holds 100. They have 33 holdings in common, and by portfolio weight the two funds are 38.7% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 38.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 33SPYD holds 80 · DVY holds 100
- Weight in Shared Holdings
- SPYD 41%·DVY 46%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 SPYD
47 of 80 positions (58.8% of the fund) are not held by DVY. Showing the top 30 by weight.
Only in DVY
67 of 100 positions (53.4% of the fund) are not held by SPYD. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPYD | DVY |
|---|---|---|
| Financials | 14.0% | 24.9% |
| Real Estate | 24.3% | 0.0% |
| Utilities | 10.5% | 24.2% |
| Consumer Staples | 15.0% | 13.5% |
| Energy | 4.8% | 9.0% |
| Other Sectors | 30.9% | 28.2% |
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 |
|---|---|---|---|---|---|---|---|
| SPYD | +2.8% | +17.9% | +21.3% | +14.3% | +9.3% | +8.7% | 4.07% |
| DVY | +1.3% | +16.5% | +23.7% | +16.0% | +10.6% | +10.3% | 3.25% |
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 SPYD vs DVY →
Shared Holdings(33)
The top 10 shared positions account for 33% of the overlap, led by HPQ, TGT and VZ.
 HPQHP Inc COM | 1.39% | 1.61% | 1.39% |
|---|---|---|---|
 TGTTarget Corp. COM | 1.32% | 1.45% | 1.32% |
 VZVerizon Communications Inc. COM | 1.31% | 1.85% | 1.31% |
 PFEPfizer Inc. COM | 1.31% | 2.22% | 1.31% |
 PRUPrudential Financial, Inc. COM | 1.26% | 1.84% | 1.26% |
 TFCTruist Financial Corp. COM | 1.26% | 1.43% | 1.26% |
 RFRegions Financial Corporation COM | 1.26% | 1.24% | 1.24% |
 KMBKimberly-Clark Corporation COM | 1.23% | 1.51% | 1.23% |
 TAT&T Inc COM | 1.27% | 1.23% | 1.23% |
 USBU.S. Bancorp. COM NEW | 1.22% | 1.27% | 1.22% |
 LYBLyondellBasell Industries NV COM EUR0.04 CLASS 'A' | 1.22% | 1.53% | 1.22% |
 CMCSAComcast Corporation CL A | 1.32% | 1.22% | 1.22% |
 CVXChevron Corp. COM | 1.21% | 1.38% | 1.21% |
 KEYKeyCorp COM | 1.21% | 1.36% | 1.21% |
 TROWPrice T Rowe Group Inc. COM | 1.21% | 2.02% | 1.21% |
 GISGeneral Mills, Inc. COM | 1.21% | 1.52% | 1.21% |
 ESEversource Energy COM | 1.20% | 1.38% | 1.20% |
 OKEOneok Inc. COM | 1.18% | 1.83% | 1.18% |
 FFord Motor Company COM | 1.18% | 1.38% | 1.18% |
 OMCOmnicom Group Inc COM | 1.29% | 1.18% | 1.18% |
 FEFirstEnergy Corp. COM | 1.18% | 1.19% | 1.18% |
 HBANHuntington Bancshares Incorporated COM | 1.17% | 1.18% | 1.17% |
 EOGEOG Resources Inc. COM | 1.17% | 1.25% | 1.17% |
 DDominion Energy Inc COM | 1.16% | 1.43% | 1.16% |
 MOAltria Group, Inc. COM | 1.16% | 2.29% | 1.16% |
Frequently Asked Questions
How much do SPYD and DVY overlap?
SPYD and DVY overlap by 38.7% of portfolio weight. They share 33 holdings (SPYD holds 80 positions and DVY holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPYD and DVY?
The two portfolios are 38.7% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of SPYD and DVY?
The largest positions held by both funds are HPQ, TGT, VZ, PFE and PRU. Together the top 10 shared positions account for 33% of the total overlap.
What does SPYD own that DVY doesn't?
47 positions (58.8% of SPYD) are unique to SPYD, led by ACN, ARES and SWK. In the other direction, 67 positions (53.4% of DVY) are unique to DVY.