SPYD vs XLRE: Holdings Overlap
SPYDState Street® SPDR® Portfolio S&P 500® High Dividend ETF
State Street (SPDR) · 80 holdings · $7.7B · as of 2026-08-06
XLREState Street® Real Estate Select Sector SPDR® ETF
State Street (SPDR) · 31 holdings · $8.6B · as of 2026-08-06
How similar are SPYD and XLRE?
State Street® SPDR® Portfolio S&P 500® High Dividend ETF (SPYD, by State Street (SPDR)) holds 80 positions; State Street® Real Estate Select Sector SPDR® ETF (XLRE, by State Street (SPDR)) holds 31. They have 20 holdings in common, and by portfolio weight the two funds are 23.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 23.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 20SPYD holds 80 · XLRE holds 31
- Weight in Shared Holdings
- SPYD 24%·XLRE 47%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
60 of 80 positions (75.2% of the fund) are not held by XLRE. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPYD | XLRE |
|---|---|---|
| Real Estate | 24.3% | 99.9% |
| 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% |
| XLRE | +0.2% | +13.2% | +11.9% | +9.9% | +2.6% | +6.4% | 3.12% |
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 XLRE →
Shared Holdings(20)
The top 10 shared positions account for 53% of the overlap, led by PSA, AMT and EXR.
 PSAPublic Storage COM | 1.30% | 4.80% | 1.30% |
|---|---|---|---|
 AMTAmerican Tower Corporation COM | 1.27% | 5.38% | 1.27% |
 EXRExtra Space Storage Inc. COM | 1.27% | 3.21% | 1.27% |
 INVHInvitation Homes Inc. COM | 1.27% | 1.69% | 1.27% |
 MAAMid-America Apartment Communities, Inc. COM | 1.26% | 1.58% | 1.26% |
 VICIVICI Properties, Inc., Class A | 1.23% | 2.95% | 1.23% |
 SPGSimon Property Group Inc COM | 1.21% | 4.85% | 1.21% |
 EQREquity Residential SH BEN INT | 1.21% | 2.31% | 1.21% |
 ESSEssex Property Trust, Inc. COM | 1.20% | 1.86% | 1.20% |
 CCICrown Castle Inc. COM | 1.20% | 3.33% | 1.20% |
 ORealty Income Corporation COM | 1.19% | 4.50% | 1.19% |
 HSTHost Hotels & Resorts Inc COM | 1.18% | 1.51% | 1.18% |
 DOCHealthpeak Properties Inc COM | 1.18% | 1.48% | 1.18% |
 REGRegency Centers Corp. COM | 1.16% | 1.29% | 1.16% |
 KIMKimco Realty Corporation COM | 1.16% | 1.68% | 1.16% |
 UDRUDR Inc COM | 1.19% | 1.15% | 1.15% |
 CPTCamden Property Trust SH BEN INT | 1.22% | 1.13% | 1.13% |
 BXPBXP Inc COM | 1.26% | 1.04% | 1.04% |
 FRTFederal Realty Investment Trust SH BEN INT NEW | 1.17% | 0.94% | 0.94% |
 AREAlexandria Real Estate Equities, Inc. COM | 1.21% | 0.77% | 0.77% |
Frequently Asked Questions
How much do SPYD and XLRE overlap?
SPYD and XLRE overlap by 23.3% of portfolio weight. They share 20 holdings (SPYD holds 80 positions and XLRE holds 31), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPYD and XLRE?
The two portfolios are 23.3% 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 XLRE?
The largest positions held by both funds are PSA, AMT, EXR, INVH and MAA. Together the top 10 shared positions account for 53% of the total overlap.
What does SPYD own that XLRE doesn't?
60 positions (75.2% of SPYD) are unique to SPYD, led by ACN, ARES and SWK. In the other direction, 11 positions (52.5% of XLRE) are unique to XLRE.