Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SPHD vs VHT: how they differ
SPHD and VHT hold 4% of their weight in the same names, and VHT returned more over the year.
Invesco S&P 500 High Dividend Low Volatility ETF and Vanguard Health Care Index Fund.
What they hold in common
By the books each fund has filed, SPHD and VHT hold 4% of their money in the same securities at the same weight.
| Holding | SPHD | VHT |
|---|---|---|
| Pfizer Inc. | 2.99% | 2.36% |
| Bristol-Myers Squibb Co. | 2.08% | 1.84% |
| Only in SPHD | Only in VHT |
|---|---|
| Verizon Communications Inc. 3.49% | Eli Lilly & Co 14.07% |
| Altria Group, Inc. 3.45% | Johnson & Johnson 8.48% |
| Healthpeak Properties, Inc. 3.24% | AbbVie Inc 6.10% |
| Kraft Heinz Co. (The) 3.03% | UnitedHealth Group Inc 5.46% |
| Franklin Resources, Inc. 2.82% | Merck & Co Inc 4.67% |
| VICI Properties Inc. 2.68% | Thermo Fisher Scientific Inc 2.93% |
| ONEOK, Inc. 2.66% | Amgen Inc 2.87% |
| Kimco Realty Corp. 2.46% | Gilead Sciences Inc 2.64% |
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 | VHT Vanguard Health Care Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | Vanguard |
| What it is | S&P 500 High Dividend Low Volatility | Health Care |
| Total return, 1 year | +8.6% | +21.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −8.9 pts | +4.1 pts |
| Expense ratio | 0.30% | 0.09% |
| Already in the S&P 500 | 95.7% | 85.6% |
| Holdings | 49 | 401 |
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.
VHT in plain words
VHT is an index equity fund tracking the Health Care. Over the year to Sep 11, 2026 it returned +21.6% 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, 86% of the fund by weight is stocks the S&P 500 also holds, across 401 positions, with the top ten at 52.0%. It sat 5.7% below its high of Aug 19, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, SPHD or VHT?
- In the year to Sep 12, 2026, with distributions reinvested, SPHD returned +8.6% and VHT returned +21.6%, so VHT returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPHD or VHT?
- SPHD charges 0.30% a year and VHT charges 0.09%, so VHT is cheaper. Fees come from each fund's prospectus.
- How much do SPHD and VHT overlap with the S&P 500?
- By their latest filed holdings, 96% of SPHD and 86% of VHT by weight is stocks the S&P 500 already holds. Between the two funds, 4% 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, SPHD against VHT, data as of Sep 12, 2026. https://etfiq.com/compare/any/SPHD-VHT Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources