Which returned more over the last year, SPHD or SPYD?

In the year to Sep 12, 2026, with distributions reinvested, SPHD returned +8.6% and SPYD returned +12.9%, so SPYD returned more. One year is one year; the longer windows are in the table.

Which is cheaper, SPHD or SPYD?

SPHD charges 0.30% a year and SPYD charges 0.07%, so SPYD is cheaper. Fees come from each fund's prospectus.

How much do SPHD and SPYD overlap with the S&P 500?

By their latest filed holdings, 96% of SPHD and 100% of SPYD by weight is stocks the S&P 500 already holds. Between the two funds, 51% of their books are the same securities at the same weight.

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

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SPHD vs SPYD: how they differ

SPHD and SPYD hold 51% of their weight in the same names, and SPYD returned more over the year.

Invesco S&P 500 High Dividend Low Volatility 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, SPHD and SPYD hold 51% of their money in the same securities at the same weight.

Positions SPHD and SPYD both hold, largest shared weight first
Holding	SPHD	SPYD
Franklin Resources, Inc.	2.82%	1.57%
Kimco Realty Corp.	2.46%	1.46%
EOG Resources, Inc.	1.99%	1.44%
Healthpeak Properties, Inc.	3.24%	1.44%
Principal Financial Group, Inc.	1.70%	1.42%
Altria Group, Inc.	3.45%	1.42%
ONEOK, Inc.	2.66%	1.38%
Pinnacle West Capital Corp.	1.85%	1.38%
Evergy, Inc.	1.70%	1.35%
Dominion Energy, Inc.	2.15%	1.35%
Kinder Morgan, Inc.	1.98%	1.35%
Public Storage	2.08%	1.33%

Largest positions each one holds and the other does not
Only in SPHD	Only in SPYD
Amcor PLC 2.41%	Iron Mountain Inc 1.62%
Conagra Brands, Inc. 2.33%	CVS Health Corp 1.53%
Campbell's Co. (The) 1.93%	Host Hotels & Resorts Inc 1.53%
Williams Cos., Inc. (The) 1.61%	Edison International 1.48%
Exxon Mobil Corp. 1.55%	Target Corp 1.48%
DTE Energy Co. 1.54%	APA Corp 1.48%
Paychex, Inc. 1.46%	Viatris Inc 1.46%
Genuine Parts Co. 1.04%	Simon Property Group Inc 1.45%

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.

SPHD and SPYD on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	SPHD Invesco S&P 500 High Dividend Low Volatility 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	Invesco	State Street
What it is	S&P 500 High Dividend Low Volatility	SPDR Portfolio S&P 500 High Dividend
Total return, 1 year	+8.6%	+12.9%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−8.9 pts	−4.6 pts
Expense ratio	0.30%	0.07%
Already in the S&P 500	95.7%	100.0%
Holdings	49	78

SPHD in plain words

SPHD is an index equity fund tracking the S&P 500 High Dividend Low Volatility. Over the year to Sep 11, 2026 it returned +8.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.30% a year. By its holdings filed for May 31, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 49 positions, with the top ten at 29.3%. It sat 4.1% below its high of Aug 24, 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, SPHD or SPYD?: In the year to Sep 12, 2026, with distributions reinvested, SPHD returned +8.6% and SPYD returned +12.9%, so SPYD returned more. One year is one year; the longer windows are in the table.
Which is cheaper, SPHD or SPYD?: SPHD charges 0.30% a year and SPYD charges 0.07%, so SPYD is cheaper. Fees come from each fund's prospectus.
How much do SPHD and SPYD overlap with the S&P 500?: By their latest filed holdings, 96% of SPHD and 100% of SPYD by weight is stocks the S&P 500 already holds. Between the two funds, 51% 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.

SPHD against SPYD, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, SPHD against SPYD, data as of Sep 12, 2026. https://etfiq.com/compare/any/SPHD-SPYD Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources