Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SPHD vs XLRE: how they differ
SPHD and XLRE hold 17% of their weight in the same names, and SPHD returned more over the year.
Invesco S&P 500 High Dividend Low Volatility ETF and State Street(R) Real Estate Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, SPHD and XLRE hold 17% of their money in the same securities at the same weight.
| Holding | SPHD | XLRE |
|---|---|---|
| VICI Properties Inc. | 2.68% | 3.02% |
| Realty Income Corp. | 2.43% | 4.57% |
| Crown Castle Inc. | 2.41% | 3.44% |
| Extra Space Storage Inc. | 2.12% | 3.20% |
| Public Storage | 2.08% | 4.51% |
| Kimco Realty Corp. | 2.46% | 1.78% |
| Healthpeak Properties, Inc. | 3.24% | 1.54% |
| UDR, Inc. | 1.96% | 1.23% |
| BXP, Inc. | 1.94% | 1.02% |
| Only in SPHD | Only in XLRE |
|---|---|
| Verizon Communications Inc. 3.49% | Welltower Inc 11.07% |
| Altria Group, Inc. 3.45% | Prologis Inc 8.72% |
| Kraft Heinz Co. (The) 3.03% | Equinix Inc 7.10% |
| Pfizer Inc. 2.99% | American Tower Corp 5.26% |
| Franklin Resources, Inc. 2.82% | Simon Property Group Inc 5.01% |
| ONEOK, Inc. 2.66% | Digital Realty Trust Inc 4.55% |
| Amcor PLC 2.41% | Ventas Inc 4.50% |
| Conagra Brands, Inc. 2.33% | CBRE Group Inc 4.11% |
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 | XLRE State Street(R) Real Estate 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 | Real estate |
| Total return, 1 year | +8.6% | +5.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −8.9 pts | −11.9 pts |
| Expense ratio | 0.30% | 0.08% |
| Already in the S&P 500 | 95.7% | 100.0% |
| Holdings | 49 | 31 |
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.
XLRE in plain words
XLRE is an index equity fund tracking the Real estate. Over the year to Sep 11, 2026 it returned +5.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% 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 31 positions, with the top ten at 59.4%. It sat 5.6% below its high of Jul 28, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, SPHD or XLRE?
- In the year to Sep 12, 2026, with distributions reinvested, SPHD returned +8.6% and XLRE returned +5.6%, so SPHD returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPHD or XLRE?
- SPHD charges 0.30% a year and XLRE charges 0.08%, so XLRE is cheaper. Fees come from each fund's prospectus.
- How much do SPHD and XLRE overlap with the S&P 500?
- By their latest filed holdings, 96% of SPHD and 100% of XLRE by weight is stocks the S&P 500 already holds. Between the two funds, 17% 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 XLRE, data as of Sep 12, 2026. https://etfiq.com/compare/any/SPHD-XLRE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources