Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IYR vs SPYD: how they differ
IYR and SPYD hold 23% of their weight in the same names, and SPYD returned more over the year.
iShares U.S. Real Estate 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, IYR and SPYD hold 23% of their money in the same securities at the same weight.
| Holding | IYR | SPYD |
|---|---|---|
| IRON MOUNTAIN INCORPORATED | 2.79% | 1.62% |
| SIMON PROPERTY GROUP, INC. | 4.79% | 1.45% |
| ESSEX PROPERTY TRUST, INC. | 1.39% | 1.36% |
| EQUITY RESIDENTIAL | 1.72% | 1.33% |
| PUBLIC STORAGE. | 3.74% | 1.33% |
| KIMCO REALTY CORPORATION. | 1.27% | 1.46% |
| INVITATION HOMES INC. | 1.23% | 1.32% |
| REALTY INCOME CORPORATION | 4.29% | 1.21% |
| EXTRA SPACE STORAGE INC. | 2.28% | 1.20% |
| MID-AMERICA APARTMENT COMMUNITIES, INC. | 1.20% | 1.24% |
| VICI PROPERTIES INC. | 2.16% | 1.13% |
| HOST HOTELS & RESORTS, INC. | 1.12% | 1.53% |
| Only in IYR | Only in SPYD |
|---|---|
| WELLTOWER INC. 10.88% | Franklin Resources Inc 1.57% |
| PROLOGIS, INC. 8.77% | CVS Health Corp 1.53% |
| EQUINIX, INC. 4.58% | Edison International 1.48% |
| DIGITAL REALTY TRUST, INC. 4.41% | Target Corp 1.48% |
| VENTAS, INC. 3.21% | APA Corp 1.48% |
| CBRE GROUP, INC. 2.93% | Viatris Inc 1.46% |
| AVALONBAY COMMUNITIES, INC. 1.95% | EOG Resources Inc 1.44% |
| SBA COMMUNICATIONS CORPORATION 1.39% | Phillips 66 1.44% |
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.
| IYR iShares U.S. Real Estate 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 | U.S. Real Estate | SPDR Portfolio S&P 500 High Dividend |
| Total return, 1 year | +4.7% | +12.9% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −12.8 pts | −4.6 pts |
| Expense ratio | 0.37% | 0.07% |
| Already in the S&P 500 | 80.4% | 100.0% |
| Holdings | 61 | 78 |
IYR in plain words
IYR is an index equity fund tracking the U.S. Real Estate. Over the year to Sep 11, 2026 it returned +4.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.37% a year. By its holdings filed for Jun 30, 2026, 80% of the fund by weight is stocks the S&P 500 also holds, across 61 positions, with the top ten at 51.5%. It sat 6.1% below its high of Jul 28, 2026 on Sep 11, 2026.
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, IYR or SPYD?
- In the year to Sep 12, 2026, with distributions reinvested, IYR returned +4.7% and SPYD returned +12.9%, so SPYD returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IYR or SPYD?
- IYR charges 0.37% a year and SPYD charges 0.07%, so SPYD is cheaper. Fees come from each fund's prospectus.
- How much do IYR and SPYD overlap with the S&P 500?
- By their latest filed holdings, 80% of IYR and 100% of SPYD by weight is stocks the S&P 500 already holds. Between the two funds, 23% 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, IYR against SPYD, data as of Sep 12, 2026. https://etfiq.com/compare/any/IYR-SPYD Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources