Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SDY vs VPU: how they differ
SDY and VPU hold 15% of their weight in the same names, and SDY returned more over the year.
State Street(R) SPDR(R) S&P(R) Dividend ETF and Vanguard Utilities Index Fund.
What they hold in common
By the books each fund has filed, SDY and VPU hold 15% of their money in the same securities at the same weight.
| Holding | SDY | VPU |
|---|---|---|
| Edison International | 1.45% | 1.78% |
| WEC Energy Group Inc | 1.41% | 2.39% |
| Eversource Energy | 1.35% | 1.69% |
| Consolidated Edison Inc | 1.34% | 2.52% |
| Southern Co/The | 1.33% | 6.70% |
| Xcel Energy Inc | 1.26% | 3.11% |
| NextEra Energy Inc | 1.08% | 11.84% |
| Evergy Inc | 0.98% | 1.25% |
| Alliant Energy Corp | 0.95% | 1.11% |
| Atmos Energy Corp | 0.85% | 1.81% |
| Essential Utilities Inc | 0.54% | 0.69% |
| National Fuel Gas Co | 0.39% | 0.46% |
| Only in SDY | Only in VPU |
|---|---|
| Verizon Communications Inc 2.15% | Duke Energy Corp 6.31% |
| Realty Income Corp 2.14% | Constellation Energy Corp 5.86% |
| Kenvue Inc 1.76% | American Electric Power Co Inc 4.47% |
| Kimberly-Clark Corp 1.75% | Sempra 3.85% |
| AbbVie Inc 1.63% | Dominion Energy Inc 3.78% |
| QUALCOMM Inc 1.57% | Vistra Corp 3.59% |
| Texas Instruments Inc 1.56% | Entergy Corp 3.22% |
| Target Corp 1.55% | Exelon Corp 3.05% |
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 and May 31, 2026.
| SDY State Street(R) SPDR(R) S&P(R) Dividend ETF | VPU Vanguard Utilities Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | State Street | Vanguard |
| What it is | SPDR S&P Dividend | Utilities |
| Total return, 1 year | +11.0% | +2.1% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −6.5 pts | −15.4 pts |
| Expense ratio | 0.35% | 0.09% |
| Already in the S&P 500 | 84.6% | 90.1% |
| Holdings | 155 | 66 |
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.
VPU in plain words
VPU is an index equity fund tracking the Utilities. Over the year to Sep 11, 2026 it returned +2.1% 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 May 31, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 66 positions, with the top ten at 52.7%. It sat 9.8% below its high of Feb 27, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, SDY or VPU?
- In the year to Sep 12, 2026, with distributions reinvested, SDY returned +11.0% and VPU returned +2.1%, so SDY returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SDY or VPU?
- SDY charges 0.35% a year and VPU charges 0.09%, so VPU is cheaper. Fees come from each fund's prospectus.
- How much do SDY and VPU overlap with the S&P 500?
- By their latest filed holdings, 85% of SDY and 90% of VPU by weight is stocks the S&P 500 already holds. Between the two funds, 15% 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 VPU, data as of Sep 12, 2026. https://etfiq.com/compare/any/SDY-VPU Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources