Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
FDVV vs XLV: how they differ
FDVV and XLV hold 3% of their weight in the same names, and XLV returned more over the year.
Fidelity High Dividend ETF and State Street(R) Health Care Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, FDVV and XLV hold 3% of their money in the same securities at the same weight.
| Holding | FDVV | XLV |
|---|---|---|
| ELI LILLY and CO | 0.56% | 16.56% |
| JOHNSON and JOHNSON | 0.49% | 10.67% |
| UNITEDHEALTH GROUP INC | 0.47% | 6.59% |
| ABBVIE INC | 0.40% | 7.76% |
| MERCK and CO INC | 0.34% | 5.54% |
| PFIZER INC | 0.30% | 2.40% |
| BRISTOL-MYERS SQUIBB CO | 0.29% | 2.05% |
| UNIVERSAL HEALTH SERVICES INC | 0.19% | 0.14% |
| Only in FDVV | Only in XLV |
|---|---|
| NVIDIA CORP 6.86% | Amgen Inc 3.41% |
| APPLE INC 5.70% | Thermo Fisher Scientific Inc 3.25% |
| MICROSOFT CORP 4.50% | Abbott Laboratories 2.76% |
| BROADCOM INC 3.50% | Gilead Sciences Inc 2.74% |
| JPMORGAN CHASE and CO 2.58% | Intuitive Surgical Inc 2.46% |
| ALPHABET INC 2.21% | CVS Health Corp 2.30% |
| COCA COLA CO 1.85% | Vertex Pharmaceuticals Inc 2.20% |
| PROCTER and GAMBLE CO 1.81% | Danaher Corp 2.10% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.
| FDVV Fidelity High Dividend ETF | XLV State Street(R) Health Care Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Fidelity | State Street |
| What it is | High Dividend | Health care |
| Total return, 1 year | +17.2% | +20.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.3 pts | +2.9 pts |
| Expense ratio | 0.15% | 0.08% |
| Already in the S&P 500 | 86.7% | 100.0% |
| Holdings | 96 | 59 |
FDVV in plain words
FDVV is an index equity fund tracking the High Dividend. Over the year to Sep 11, 2026 it returned +17.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 87% of the fund by weight is stocks the S&P 500 also holds, across 96 positions, with the top ten at 32.5%.
XLV in plain words
XLV is an index equity fund tracking the Health care. Over the year to Sep 11, 2026 it returned +20.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 59 positions, with the top ten at 61.7%. It sat 5.9% below its high of Aug 19, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, FDVV or XLV?
- In the year to Sep 12, 2026, with distributions reinvested, FDVV returned +17.2% and XLV returned +20.4%, so XLV returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, FDVV or XLV?
- FDVV charges 0.15% a year and XLV charges 0.08%, so XLV is cheaper. Fees come from each fund's prospectus.
- How much do FDVV and XLV overlap with the S&P 500?
- By their latest filed holdings, 87% of FDVV and 100% of XLV by weight is stocks the S&P 500 already holds. Between the two funds, 3% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, FDVV against XLV, data as of Sep 12, 2026. https://etfiq.com/compare/any/FDVV-XLV Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources