Get the weekly note

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

ETFIQetfiq.com · independent ETF data

SPHD vs VIG: how they differ

SPHD and VIG hold 2% of their weight in the same names, and VIG returned more over the year.

Invesco S&P 500 High Dividend Low Volatility ETF and Vanguard Dividend Appreciation Index Fund.

What they hold in common

By the books each fund has filed, SPHD and VIG hold 2% of their money in the same securities at the same weight.

Positions SPHD and VIG both hold, largest shared weight first
HoldingSPHDVIG
Exxon Mobil Corp.1.55%2.92%
Fifth Third Bancorp1.33%0.21%
DTE Energy Co.1.54%0.14%
Principal Financial Group, Inc.1.70%0.09%
Largest positions each one holds and the other does not
Only in SPHDOnly in VIG
Verizon Communications Inc. 3.49%Broadcom Inc 5.21%
Altria Group, Inc. 3.45%Apple Inc 4.10%
Healthpeak Properties, Inc. 3.24%Microsoft Corp 3.99%
Kraft Heinz Co. (The) 3.03%JPMorgan Chase & Co 3.61%
Pfizer Inc. 2.99%Eli Lilly & Co 3.36%
Franklin Resources, Inc. 2.82%Walmart Inc 2.62%
VICI Properties Inc. 2.68%Johnson & Johnson 2.51%
ONEOK, Inc. 2.66%Visa Inc 2.34%

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 Apr 30, 2026 and May 31, 2026.

SPHD and VIG on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
SPHD
Invesco S&P 500 High Dividend Low Volatility ETF
VIG
Vanguard Dividend Appreciation Index Fund
Where it sitsCore index fundCore index fund
IssuerInvescoVanguard
What it isS&P 500 High Dividend Low VolatilityDividend growth
Total return, 1 year+8.6%+12.4%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−8.9 pts−5.1 pts
Expense ratio0.30%0.04%
Already in the S&P 50095.7%95.7%
Holdings49332

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.

VIG in plain words

VIG is an index equity fund tracking the Dividend growth. Over the year to Sep 11, 2026 it returned +12.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for Apr 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 332 positions, with the top ten at 32.7%.

Questions people ask

Which returned more over the last year, SPHD or VIG?
In the year to Sep 12, 2026, with distributions reinvested, SPHD returned +8.6% and VIG returned +12.4%, so VIG returned more. One year is one year; the longer windows are in the table.
Which is cheaper, SPHD or VIG?
SPHD charges 0.30% a year and VIG charges 0.04%, so VIG is cheaper. Fees come from each fund's prospectus.
How much do SPHD and VIG overlap with the S&P 500?
By their latest filed holdings, 96% of SPHD and 96% of VIG by weight is stocks the S&P 500 already holds. Between the two funds, 2% of their books are the same securities at the same weight.

Other comparisons

Where to next

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

A comparison is not a recommendation. Standards and sources