Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SDY vs VO: how they differ
SDY and VO hold 14% of their weight in the same names, and VO returned more over the year.
State Street(R) SPDR(R) S&P(R) Dividend ETF and Vanguard Mid-Cap Index Fund.
What they hold in common
By the books each fund has filed, SDY and VO hold 14% of their money in the same securities at the same weight.
| Holding | SDY | VO |
|---|---|---|
| Cummins Inc | 0.69% | 0.95% |
| Target Corp | 1.55% | 0.57% |
| Realty Income Corp | 2.14% | 0.56% |
| Fastenal Co | 0.91% | 0.54% |
| Aflac Inc | 0.94% | 0.52% |
| L3Harris Technologies Inc | 0.52% | 0.53% |
| Nucor Corp | 0.59% | 0.49% |
| Xcel Energy Inc | 1.26% | 0.49% |
| Microchip Technology Inc | 1.32% | 0.48% |
| Cardinal Health Inc | 0.47% | 0.54% |
| Becton Dickinson & Co | 1.07% | 0.41% |
| Ameriprise Financial Inc | 0.60% | 0.40% |
| Only in SDY | Only in VO |
|---|---|
| Verizon Communications Inc 2.15% | Vertiv Holdings Co 1.23% |
| AbbVie Inc 1.63% | Western Digital Corp 1.07% |
| QUALCOMM Inc 1.57% | Seagate Technology Holdings PLC 1.05% |
| Texas Instruments Inc 1.56% | Quanta Services Inc 1.05% |
| Automatic Data Processing Inc 1.54% | Howmet Aerospace Inc 1.04% |
| PepsiCo Inc 1.33% | Datadog Inc 0.84% |
| Southern Co/The 1.33% | Bloom Energy Corp 0.79% |
| Medtronic PLC 1.30% | Constellation Energy Corp 0.78% |
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.
| SDY State Street(R) SPDR(R) S&P(R) Dividend ETF | VO Vanguard Mid-Cap Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | State Street | Vanguard |
| What it is | SPDR S&P Dividend | Mid-Cap |
| Total return, 1 year | +11.0% | +12.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −6.5 pts | −5.5 pts |
| Expense ratio | 0.35% | 0.03% |
| Already in the S&P 500 | 84.6% | 91.4% |
| Holdings | 155 | 282 |
SDY in plain words
SDY is an index equity fund tracking the SPDR S&P Dividend. Over the year to Sep 11, 2026 it returned +11.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. By its holdings filed for Jun 30, 2026, 85% of the fund by weight is stocks the S&P 500 also holds, across 155 positions, with the top ten at 17.1%. It sat 3.9% below its high of Aug 24, 2026 on Sep 11, 2026.
VO in plain words
VO is an index equity fund tracking the Mid-Cap. Over the year to Sep 11, 2026 it returned +12.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 282 positions, with the top ten at 9.6%. It sat 4.1% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, SDY or VO?
- In the year to Sep 12, 2026, with distributions reinvested, SDY returned +11.0% and VO returned +12.0%, so VO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SDY or VO?
- SDY charges 0.35% a year and VO charges 0.03%, so VO is cheaper. Fees come from each fund's prospectus.
- How much do SDY and VO overlap with the S&P 500?
- By their latest filed holdings, 85% of SDY and 91% of VO by weight is stocks the S&P 500 already holds. Between the two funds, 14% 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, SDY against VO, data as of Sep 12, 2026. https://etfiq.com/compare/any/SDY-VO Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources