Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IWD vs SPYD: how they differ
IWD and SPYD hold 9% of their weight in the same names, and IWD returned more over the year.
iShares Russell 1000 Value ETF and State Street(R) SPDR(R) Portfolio S&P 500(R) High Dividend ETF.
What they hold in common
By the books each fund has filed, IWD and SPYD hold 9% of their money in the same securities at the same weight.
| Holding | IWD | SPYD |
|---|---|---|
| CHEVRON CORPORATION | 0.86% | 1.20% |
| VERIZON COMMUNICATIONS INC. | 0.50% | 1.30% |
| Pepsico, Inc. | 0.46% | 1.11% |
| AT&T INC. | 0.39% | 1.06% |
| PFIZER INC. | 0.39% | 1.12% |
| CVS HEALTH CORPORATION | 0.37% | 1.53% |
| Altria Group, Inc. | 0.34% | 1.42% |
| BRISTOL-MYERS SQUIBB COMPANY | 0.33% | 1.27% |
| DUKE ENERGY CORPORATION | 0.28% | 1.28% |
| U.S. BANCORP | 0.26% | 1.31% |
| COMCAST CORPORATION | 0.24% | 1.02% |
| UNITED PARCEL SERVICE, INC. | 0.23% | 1.19% |
| Only in IWD | Only in SPYD |
|---|---|
| AMAZON.COM, INC. 5.95% | Simon Property Group Inc 1.45% |
| APPLE INC. 5.38% | Smurfit Westrock PLC 1.33% |
| MICROSOFT CORPORATION 3.89% | Amcor PLC 1.23% |
| BERKSHIRE HATHAWAY INC. 2.62% | LyondellBasell Industries NV 1.22% |
| JPMORGAN CHASE & CO. 2.46% | |
| INTEL CORPORATION 1.72% | |
| JOHNSON & JOHNSON 1.72% | |
| EXXON MOBIL CORPORATION 1.60% |
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 Jun 30, 2026.
| IWD iShares Russell 1000 Value ETF | SPYD State Street(R) SPDR(R) Portfolio S&P 500(R) High Dividend ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | Russell 1000 value | SPDR Portfolio S&P 500 High Dividend |
| Total return, 1 year | +27.4% | +12.9% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +9.9 pts | −4.6 pts |
| Expense ratio | 0.18% | 0.07% |
| Already in the S&P 500 | 90.2% | 100.0% |
| Holdings | 870 | 78 |
IWD in plain words
IWD is an index equity fund tracking the Russell 1000 value. Over the year to Sep 11, 2026 it returned +27.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for Jun 30, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 870 positions, with the top ten at 27.9%.
SPYD in plain words
SPYD is an index equity fund tracking the SPDR Portfolio S&P 500 High Dividend. Over the year to Sep 11, 2026 it returned +12.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.07% 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 78 positions, with the top ten at 15.1%. It sat 4.3% below its high of Aug 24, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, IWD or SPYD?
- In the year to Sep 12, 2026, with distributions reinvested, IWD returned +27.4% and SPYD returned +12.9%, so IWD returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IWD or SPYD?
- IWD charges 0.18% a year and SPYD charges 0.07%, so SPYD is cheaper. Fees come from each fund's prospectus.
- How much do IWD and SPYD overlap with the S&P 500?
- By their latest filed holdings, 90% of IWD and 100% of SPYD by weight is stocks the S&P 500 already holds. Between the two funds, 9% 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, IWD against SPYD, data as of Sep 12, 2026. https://etfiq.com/compare/any/IWD-SPYD Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources