SPYD vs XLP: Holdings Overlap
SPYDState Street® SPDR® Portfolio S&P 500® High Dividend ETF
State Street (SPDR) · 80 holdings · $7.7B · as of 2026-08-06
XLPState Street® Consumer Staples Select Sector SPDR® ETF
State Street (SPDR) · 34 holdings · $14.7B · as of 2026-08-06
How similar are SPYD and XLP?
State Street® SPDR® Portfolio S&P 500® High Dividend ETF (SPYD, by State Street (SPDR)) holds 80 positions; State Street® Consumer Staples Select Sector SPDR® ETF (XLP, by State Street (SPDR)) holds 34. They have 12 holdings in common, and by portfolio weight the two funds are 12.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 12.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 12SPYD holds 80 · XLP holds 34
- Weight in Shared Holdings
- SPYD 15%·XLP 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 SPYD
68 of 80 positions (84.5% of the fund) are not held by XLP. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPYD | XLP |
|---|---|---|
| Consumer Staples | 15.0% | 99.8% |
| Real Estate | 24.3% | 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% |
| XLP | +0.3% | +11.0% | +6.4% | +7.1% | +6.5% | +7.4% | 2.58% |
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 XLP →
Shared Holdings(12)
The top 10 shared positions account for 93% of the overlap, led by TGT, PEP and KVUE.
 TGTTarget Corp. COM | 1.32% | 4.25% | 1.32% |
|---|---|---|---|
 PEPPepsico Inc COM | 1.26% | 4.33% | 1.26% |
 KVUEKenvue Inc. COM | 1.24% | 2.34% | 1.24% |
 KMBKimberly-Clark Corporation COM | 1.23% | 2.29% | 1.23% |
 GISGeneral Mills, Inc. COM | 1.21% | 1.22% | 1.21% |
 KHCThe Kraft Heinz Co. COM | 1.19% | 1.35% | 1.19% |
 MOAltria Group, Inc. COM | 1.16% | 4.18% | 1.16% |
 MKCMcCormick & Company, Incorporated COM NON VTG | 1.24% | 0.84% | 0.84% |
 CLXThe Clorox Company COM | 1.36% | 0.81% | 0.81% |
 SJMThe J M Smucker Company COM NEW | 1.24% | 0.81% | 0.81% |
 HRLHormel Foods Corp COM | 1.23% | 0.47% | 0.47% |
 TAPMolson Coors Beverage Co., Class B | 1.28% | 0.43% | 0.43% |
Frequently Asked Questions
How much do SPYD and XLP overlap?
SPYD and XLP overlap by 12.0% of portfolio weight. They share 12 holdings (SPYD holds 80 positions and XLP holds 34), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPYD and XLP?
The two portfolios are 12.0% 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 SPYD and XLP?
The largest positions held by both funds are TGT, PEP, KVUE, KMB and GIS. Together the top 10 shared positions account for 93% of the total overlap.
What does SPYD own that XLP doesn't?
68 positions (84.5% of SPYD) are unique to SPYD, led by ACN, ARES and SWK. In the other direction, 22 positions (76.5% of XLP) are unique to XLP.