Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SPHD vs VYM: how they differ
SPHD and VYM hold 11% of their weight in the same names, and VYM returned more over the year.
Invesco S&P 500 High Dividend Low Volatility ETF and Vanguard High Dividend Yield Index Fund.
What they hold in common
By the books each fund has filed, SPHD and VYM hold 11% of their money in the same securities at the same weight.
| Holding | SPHD | VYM |
|---|---|---|
| Exxon Mobil Corp. | 1.55% | 2.73% |
| Chevron Corp. | 2.10% | 1.51% |
| Verizon Communications Inc. | 3.49% | 0.85% |
| AT&T Inc. | 2.02% | 0.76% |
| Pfizer Inc. | 2.99% | 0.64% |
| Bristol-Myers Squibb Co. | 2.08% | 0.52% |
| Altria Group, Inc. | 3.45% | 0.51% |
| Duke Energy Corp. | 1.59% | 0.42% |
| Comcast Corp. | 1.60% | 0.41% |
| Williams Cos., Inc. (The) | 1.61% | 0.39% |
| U.S. Bancorp | 1.62% | 0.37% |
| EOG Resources, Inc. | 1.99% | 0.32% |
| Only in SPHD | Only in VYM |
|---|---|
| Healthpeak Properties, Inc. 3.24% | Broadcom Inc 8.07% |
| VICI Properties Inc. 2.68% | JPMorgan Chase & Co 3.36% |
| Kimco Realty Corp. 2.46% | Johnson & Johnson 2.31% |
| Realty Income Corp. 2.43% | Caterpillar Inc 1.73% |
| Amcor PLC 2.41% | AbbVie Inc 1.57% |
| Crown Castle Inc. 2.41% | Cisco Systems Inc 1.52% |
| Extra Space Storage Inc. 2.12% | Bank of America Corp 1.45% |
| Public Storage 2.08% | Procter & Gamble Co/The 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 Apr 30, 2026 and May 31, 2026.
| SPHD Invesco S&P 500 High Dividend Low Volatility ETF | VYM Vanguard High Dividend Yield Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | Vanguard |
| What it is | S&P 500 High Dividend Low Volatility | US high dividend |
| 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% | 0.04% |
| Already in the S&P 500 | 95.7% | 92.2% |
| Holdings | 49 | 608 |
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.
VYM in plain words
VYM is an index equity fund tracking the US high dividend. 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 0.04% a year. By its holdings filed for Apr 30, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 608 positions, with the top ten at 25.7%.
Questions people ask
- Which returned more over the last year, SPHD or VYM?
- In the year to Sep 12, 2026, with distributions reinvested, SPHD returned +8.6% and VYM returned +17.6%, so VYM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPHD or VYM?
- SPHD charges 0.30% a year and VYM charges 0.04%, so VYM is cheaper. Fees come from each fund's prospectus.
- How much do SPHD and VYM overlap with the S&P 500?
- By their latest filed holdings, 96% of SPHD and 92% of VYM 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.
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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 VYM, data as of Sep 12, 2026. https://etfiq.com/compare/any/SPHD-VYM Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources