Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SPHD vs XLE: how they differ
SPHD and XLE hold 12% of their weight in the same names, and XLE returned more over the year.
Invesco S&P 500 High Dividend Low Volatility ETF and State Street(R) Energy Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, SPHD and XLE hold 12% of their money in the same securities at the same weight.
| Holding | SPHD | XLE |
|---|---|---|
| ONEOK, Inc. | 2.66% | 3.29% |
| Chevron Corp. | 2.10% | 16.12% |
| EOG Resources, Inc. | 1.99% | 4.15% |
| Kinder Morgan, Inc. | 1.98% | 3.76% |
| Williams Cos., Inc. (The) | 1.61% | 5.04% |
| Exxon Mobil Corp. | 1.55% | 22.71% |
| Only in SPHD | Only in XLE |
|---|---|
| Verizon Communications Inc. 3.49% | ConocoPhillips 6.58% |
| Altria Group, Inc. 3.45% | Valero Energy Corp 4.65% |
| Healthpeak Properties, Inc. 3.24% | Marathon Petroleum Corp 4.49% |
| Kraft Heinz Co. (The) 3.03% | SLB Ltd 4.10% |
| Pfizer Inc. 2.99% | Phillips 66 4.08% |
| Franklin Resources, Inc. 2.82% | Targa Resources Corp 3.46% |
| VICI Properties Inc. 2.68% | Baker Hughes Co 3.31% |
| Kimco Realty Corp. 2.46% | Devon Energy Corp 2.86% |
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 | XLE State Street(R) Energy Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | State Street |
| What it is | S&P 500 High Dividend Low Volatility | Energy |
| Total return, 1 year | +8.6% | +50.7% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −8.9 pts | +33.2 pts |
| Expense ratio | 0.30% | 0.08% |
| Already in the S&P 500 | 95.7% | 100.0% |
| Holdings | 49 | 21 |
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.
XLE in plain words
XLE is an index equity fund tracking the Energy. Over the year to Sep 11, 2026 it returned +50.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% 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 21 positions, with the top ten at 75.7%.
Questions people ask
- Which returned more over the last year, SPHD or XLE?
- In the year to Sep 12, 2026, with distributions reinvested, SPHD returned +8.6% and XLE returned +50.7%, so XLE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPHD or XLE?
- SPHD charges 0.30% a year and XLE charges 0.08%, so XLE is cheaper. Fees come from each fund's prospectus.
- How much do SPHD and XLE overlap with the S&P 500?
- By their latest filed holdings, 96% of SPHD and 100% of XLE by weight is stocks the S&P 500 already holds. Between the two funds, 12% 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 XLE, data as of Sep 12, 2026. https://etfiq.com/compare/any/SPHD-XLE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources