SPYD vs USRT: Holdings Overlap
SPYDState Street® SPDR® Portfolio S&P 500® High Dividend ETF
State Street (SPDR) · 80 holdings · $7.7B · as of 2026-08-06
USRTiShares Core U.S. REIT ETF
iShares · 127 holdings · $4.7B · as of 2026-04-30
Holdings snapshots are 98 days apart (SPYD: 2026-08-06, USRT: 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 USRT?
State Street® SPDR® Portfolio S&P 500® High Dividend ETF (SPYD, by State Street (SPDR)) holds 80 positions; iShares Core U.S. REIT ETF (USRT, by iShares) holds 127. They have 18 holdings in common, and by portfolio weight the two funds are 19.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 19.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 18SPYD holds 80 · USRT holds 127
- Weight in Shared Holdings
- SPYD 22%·USRT 33%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
62 of 80 positions (77.6% of the fund) are not held by USRT. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPYD | USRT |
|---|---|---|
| Real Estate | 24.3% | 99.6% |
| Consumer Staples | 15.0% | 0.0% |
| Financials | 14.0% | 0.0% |
| Utilities | 10.5% | 0.0% |
| Materials | 7.7% | 0.0% |
| Other Sectors | 28.0% | 0.0% |
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% |
| USRT | -0.4% | +19.4% | +22.9% | +12.1% | +5.0% | +6.0% | 2.53% |
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 USRT →
Shared Holdings(18)
The top 10 shared positions account for 62% of the overlap, led by PSA, EXR and INVH.
 PSAPublic Storage COM | 1.30% | 3.96% | 1.30% |
|---|---|---|---|
 EXRExtra Space Storage Inc. COM | 1.27% | 2.60% | 1.27% |
 INVHInvitation Homes Inc. COM | 1.27% | 1.52% | 1.27% |
 MAAMid-America Apartment Communities, Inc. COM | 1.26% | 1.30% | 1.26% |
 VICIVICI Properties, Inc., Class A | 1.23% | 2.73% | 1.23% |
 SPGSimon Property Group Inc COM | 1.21% | 4.40% | 1.21% |
 EQREquity Residential SH BEN INT | 1.21% | 2.13% | 1.21% |
 ESSEssex Property Trust, Inc. COM | 1.20% | 1.45% | 1.20% |
 ORealty Income Corporation COM | 1.19% | 4.18% | 1.19% |
 HSTHost Hotels & Resorts Inc COM | 1.18% | 1.25% | 1.18% |
 REGRegency Centers Corp. COM | 1.16% | 1.21% | 1.16% |
 KIMKimco Realty Corporation COM | 1.16% | 1.36% | 1.16% |
 UDRUDR Inc COM | 1.19% | 1.03% | 1.03% |
 DOCHealthpeak Properties Inc COM | 1.18% | 0.97% | 0.97% |
 CPTCamden Property Trust SH BEN INT | 1.22% | 0.96% | 0.96% |
 FRTFederal Realty Investment Trust SH BEN INT NEW | 1.17% | 0.81% | 0.81% |
 BXPBXP Inc COM | 1.26% | 0.80% | 0.80% |
 AREAlexandria Real Estate Equities, Inc. COM | 1.21% | 0.60% | 0.60% |
Frequently Asked Questions
How much do SPYD and USRT overlap?
SPYD and USRT overlap by 19.8% of portfolio weight. They share 18 holdings (SPYD holds 80 positions and USRT holds 127), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPYD and USRT?
The two portfolios are 19.8% 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 SPYD and USRT?
The largest positions held by both funds are PSA, EXR, INVH, MAA and VICI. Together the top 10 shared positions account for 62% of the total overlap.
What does SPYD own that USRT doesn't?
62 positions (77.6% of SPYD) are unique to SPYD, led by ACN, ARES and SWK. In the other direction, 109 positions (66.6% of USRT) are unique to USRT.