Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SPHD vs VDE: how they differ
SPHD and VDE hold 11% of their weight in the same names, and VDE returned more over the year.
Invesco S&P 500 High Dividend Low Volatility ETF and Vanguard Energy Index Fund.
What they hold in common
By the books each fund has filed, SPHD and VDE hold 11% of their money in the same securities at the same weight.
| Holding | SPHD | VDE |
|---|---|---|
| ONEOK, Inc. | 2.66% | 2.22% |
| Chevron Corp. | 2.10% | 14.53% |
| EOG Resources, Inc. | 1.99% | 3.06% |
| Kinder Morgan, Inc. | 1.98% | 2.61% |
| Williams Cos., Inc. (The) | 1.61% | 3.65% |
| Exxon Mobil Corp. | 1.55% | 21.37% |
| Only in SPHD | Only in VDE |
|---|---|
| Verizon Communications Inc. 3.49% | ConocoPhillips 5.79% |
| Altria Group, Inc. 3.45% | SLB Ltd 3.49% |
| Healthpeak Properties, Inc. 3.24% | Marathon Petroleum Corp 3.29% |
| Kraft Heinz Co. (The) 3.03% | Valero Energy Corp 3.19% |
| Pfizer Inc. 2.99% | Phillips 66 2.98% |
| Franklin Resources, Inc. 2.82% | Baker Hughes Co 2.65% |
| VICI Properties Inc. 2.68% | Targa Resources Corp 2.31% |
| Kimco Realty Corp. 2.46% | Devon Energy Corp 2.12% |
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 May 31, 2026.
| SPHD Invesco S&P 500 High Dividend Low Volatility ETF | VDE Vanguard Energy Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | Vanguard |
| What it is | S&P 500 High Dividend Low Volatility | Energy |
| Total return, 1 year | +8.6% | +50.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −8.9 pts | +33.1 pts |
| Expense ratio | 0.30% | 0.09% |
| Already in the S&P 500 | 95.7% | 81.6% |
| Holdings | 49 | 105 |
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.
VDE in plain words
VDE is an index equity fund tracking the Energy. Over the year to Sep 11, 2026 it returned +50.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for May 31, 2026, 82% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 64.0%.
Questions people ask
- Which returned more over the last year, SPHD or VDE?
- In the year to Sep 12, 2026, with distributions reinvested, SPHD returned +8.6% and VDE returned +50.6%, so VDE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPHD or VDE?
- SPHD charges 0.30% a year and VDE charges 0.09%, so VDE is cheaper. Fees come from each fund's prospectus.
- How much do SPHD and VDE overlap with the S&P 500?
- By their latest filed holdings, 96% of SPHD and 82% of VDE by weight is stocks the S&P 500 already holds. Between the two funds, 11% 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, SPHD against VDE, data as of Sep 12, 2026. https://etfiq.com/compare/any/SPHD-VDE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources