Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
HDV vs SPY: how they differ
HDV and SPY hold 10% of their weight in the same names, and HDV returned more over the year.
iShares Core High Dividend ETF and SPDR S&P 500 ETF Trust.
What they hold in common
By the books each fund has filed, HDV and SPY hold 10% of their money in the same securities at the same weight.
| Holding | HDV | SPY |
|---|---|---|
| JOHNSON & JOHNSON | 5.70% | 0.95% |
| EXXON MOBIL CORP | 8.45% | 0.88% |
| ABBVIE INC | 5.45% | 0.69% |
| HOME DEPOT INC (THE) | 4.08% | 0.55% |
| PROCTER & GAMBLE COMPANY (THE) | 4.47% | 0.53% |
| MERCK & COMPANY INC | 3.78% | 0.49% |
| COCA-COLA COMPANY (THE) | 3.88% | 0.49% |
| CHEVRON CORP | 6.45% | 0.48% |
| PHILIP MORRIS INTERNATIONAL INC | 4.18% | 0.44% |
| TEXAS INSTRUMENTS INC | 3.55% | 0.42% |
| QUALCOMM INC | 2.38% | 0.30% |
| PEPSICO INC | 3.67% | 0.29% |
| Only in HDV | Only in SPY |
|---|---|
| ACCENTURE PLC 1.65% | NVIDIA Corp. 7.52% |
| MEDTRONIC PLC 1.55% | Apple, Inc. 6.59% |
| COTERRA ENERGY INC 0.37% | Microsoft Corp. 4.30% |
| WATSCO INC 0.23% | Amazon.com, Inc. 3.62% |
| OGE ENERGY CORP 0.17% | Alphabet, Inc. 3.25% |
| DT MIDSTREAM INC 0.16% | Broadcom, Inc. 2.77% |
| ANTERO MIDSTREAM CORP 0.13% | Alphabet, Inc. 2.59% |
| PORTLAND GENERAL ELECTRIC COMPANY 0.11% | Micron Technology, Inc. 2.02% |
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.
| HDV iShares Core High Dividend ETF | SPY SPDR S&P 500 ETF Trust | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | Core High Dividend | S&P 500, book from IVV |
| Total return, 1 year | +22.5% | +17.5% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.0 pts | 0.0 pts |
| Expense ratio | 0.08% | 0.09% |
| Already in the S&P 500 | 98.0% | 100.0% |
| Holdings | 75 | 504 |
HDV in plain words
HDV is an index equity fund tracking the Core High Dividend. Over the year to Sep 11, 2026 it returned +22.5% 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 Apr 30, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 75 positions, with the top ten at 50.2%.
SPY in plain words
SPY is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% 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 504 positions, with the top ten at 36.4%.
Questions people ask
- Which returned more over the last year, HDV or SPY?
- In the year to Sep 12, 2026, with distributions reinvested, HDV returned +22.5% and SPY returned +17.5%, so HDV returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, HDV or SPY?
- HDV charges 0.08% a year and SPY charges 0.09%, so HDV is cheaper. Fees come from each fund's prospectus.
- How much do HDV and SPY overlap with the S&P 500?
- By their latest filed holdings, 98% of HDV and 100% of SPY by weight is stocks the S&P 500 already holds. Between the two funds, 10% of their books are the same securities at the same weight.
Other comparisons
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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, HDV against SPY, data as of Sep 12, 2026. https://etfiq.com/compare/any/HDV-SPY Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources