Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SPHD vs VOO: how they differ
SPHD and VOO hold 5% of their weight in the same names, and VOO returned more over the year.
Invesco S&P 500 High Dividend Low Volatility ETF and Vanguard 500 Index Fund.
What they hold in common
By the books each fund has filed, SPHD and VOO hold 5% of their money in the same securities at the same weight.
| Holding | SPHD | VOO |
|---|---|---|
| Exxon Mobil Corp. | 1.55% | 0.88% |
| Chevron Corp. | 2.10% | 0.48% |
| Verizon Communications Inc. | 3.49% | 0.28% |
| AT&T Inc. | 2.02% | 0.22% |
| Pfizer Inc. | 2.99% | 0.21% |
| Altria Group, Inc. | 3.45% | 0.19% |
| Bristol-Myers Squibb Co. | 2.08% | 0.18% |
| Duke Energy Corp. | 1.59% | 0.15% |
| U.S. Bancorp | 1.62% | 0.15% |
| Williams Cos., Inc. (The) | 1.61% | 0.14% |
| Comcast Corp. | 1.60% | 0.14% |
| EOG Resources, Inc. | 1.99% | 0.11% |
| Only in SPHD | Only in VOO |
|---|---|
| Amcor PLC 2.41% | NVIDIA Corp 7.53% |
| Campbell's Co. (The) 1.93% | Apple Inc 6.61% |
| Microsoft Corp 4.31% | |
| Amazon.com Inc 3.63% | |
| Alphabet Inc 3.26% | |
| Broadcom Inc 2.78% | |
| Alphabet Inc 2.60% | |
| Micron Technology Inc 2.02% |
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 Invesco S&P 500 High Dividend Low Volatility ETF | VOO Vanguard 500 Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | Vanguard |
| What it is | S&P 500 High Dividend Low Volatility | S&P 500 |
| Total return, 1 year | +8.6% | +17.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −8.9 pts | +0.1 pts |
| Expense ratio | 0.30% | 0.03% |
| Already in the S&P 500 | 95.7% | 100.0% |
| Holdings | 49 | 506 |
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.
VOO in plain words
VOO is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% 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 506 positions, with the top ten at 36.5%.
Questions people ask
- Which returned more over the last year, SPHD or VOO?
- In the year to Sep 12, 2026, with distributions reinvested, SPHD returned +8.6% and VOO returned +17.6%, so VOO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPHD or VOO?
- SPHD charges 0.30% a year and VOO charges 0.03%, so VOO is cheaper. Fees come from each fund's prospectus.
- How much do SPHD and VOO overlap with the S&P 500?
- By their latest filed holdings, 96% of SPHD and 100% of VOO by weight is stocks the S&P 500 already holds. Between the two funds, 5% 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.
Cite this page. ETFIQ, SPHD against VOO, data as of Sep 12, 2026. https://etfiq.com/compare/any/SPHD-VOO Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources