Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
HDV vs XLF: how they differ
HDV and XLF hold 6% of their weight in the same names, and HDV returned more over the year.
iShares Core High Dividend ETF and State Street(R) Financial Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, HDV and XLF hold 6% of their money in the same securities at the same weight.
| Holding | HDV | XLF |
|---|---|---|
| PROGRESSIVE CORP (THE) | 3.80% | 1.68% |
| PNC FINANCIAL SERVICES GROUP INC (THE) | 1.43% | 1.30% |
| US BANCORP | 1.69% | 1.24% |
| BLACKSTONE INC | 2.43% | 1.15% |
| M&T BANK CORP | 0.47% | 0.46% |
| REGIONS FINANCIAL CORP | 0.47% | 0.34% |
| T. ROWE PRICE GROUP INC | 0.60% | 0.32% |
| Only in HDV | Only in XLF |
|---|---|
| EXXON MOBIL CORP 8.45% | Berkshire Hathaway Inc 12.10% |
| CHEVRON CORP 6.45% | JPMorgan Chase & Co 11.57% |
| JOHNSON & JOHNSON 5.70% | Visa Inc 7.51% |
| ABBVIE INC 5.45% | Mastercard Inc 5.47% |
| PROCTER & GAMBLE COMPANY (THE) 4.47% | Bank of America Corp 4.91% |
| PHILIP MORRIS INTERNATIONAL INC 4.18% | Goldman Sachs Group Inc/The 3.94% |
| HOME DEPOT INC (THE) 4.08% | Wells Fargo & Co 3.34% |
| COCA-COLA COMPANY (THE) 3.88% | Morgan Stanley 3.31% |
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 | XLF State Street(R) Financial Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | Core High Dividend | Financials |
| Total return, 1 year | +22.5% | +7.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.0 pts | −9.9 pts |
| Expense ratio | 0.08% | 0.08% |
| Already in the S&P 500 | 98.0% | 100.0% |
| Holdings | 75 | 76 |
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%.
XLF in plain words
XLF is an index equity fund tracking the Financials. Over the year to Sep 11, 2026 it returned +7.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 76 positions, with the top ten at 57.7%.
Questions people ask
- Which returned more over the last year, HDV or XLF?
- In the year to Sep 12, 2026, with distributions reinvested, HDV returned +22.5% and XLF returned +7.6%, so HDV returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, HDV or XLF?
- HDV charges 0.08% a year and XLF charges 0.08%, so HDV is cheaper. Fees come from each fund's prospectus.
- How much do HDV and XLF overlap with the S&P 500?
- By their latest filed holdings, 98% of HDV and 100% of XLF by weight is stocks the S&P 500 already holds. Between the two funds, 6% 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 XLF, data as of Sep 12, 2026. https://etfiq.com/compare/any/HDV-XLF Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources