Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SPYD vs XLI: how they differ
SPYD and XLI hold 1% of their weight in the same names, and XLI returned more over the year.
State Street(R) SPDR(R) Portfolio S&P 500(R) High Dividend ETF and State Street(R) Industrial Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, SPYD and XLI hold 1% of their money in the same securities at the same weight.
| Holding | SPYD | XLI |
|---|---|---|
| United Parcel Service Inc | 1.19% | 1.39% |
| Stanley Black & Decker Inc | 1.35% | 0.25% |
| Only in SPYD | Only in XLI |
|---|---|
| Iron Mountain Inc 1.62% | Caterpillar Inc 8.52% |
| Franklin Resources Inc 1.57% | General Electric Co 6.77% |
| CVS Health Corp 1.53% | GE Vernova Inc 5.48% |
| Host Hotels & Resorts Inc 1.53% | RTX Corp 4.44% |
| Edison International 1.48% | Boeing Co/The 2.96% |
| Target Corp 1.48% | Eaton Corp PLC 2.87% |
| APA Corp 1.48% | Union Pacific Corp 2.81% |
| Viatris Inc 1.46% | Deere & Co 2.77% |
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.
| SPYD State Street(R) SPDR(R) Portfolio S&P 500(R) High Dividend ETF | XLI State Street(R) Industrial Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | State Street | State Street |
| What it is | SPDR Portfolio S&P 500 High Dividend | Industrials |
| Total return, 1 year | +12.9% | +14.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −4.6 pts | −3.3 pts |
| Expense ratio | 0.07% | 0.08% |
| Already in the S&P 500 | 100.0% | 100.0% |
| Holdings | 78 | 81 |
SPYD in plain words
SPYD is an index equity fund tracking the SPDR Portfolio S&P 500 High Dividend. Over the year to Sep 11, 2026 it returned +12.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.07% 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 78 positions, with the top ten at 15.1%. It sat 4.3% below its high of Aug 24, 2026 on Sep 11, 2026.
XLI in plain words
XLI is an index equity fund tracking the Industrials. Over the year to Sep 11, 2026 it returned +14.3% 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 81 positions, with the top ten at 41.4%. It sat 7.6% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, SPYD or XLI?
- In the year to Sep 12, 2026, with distributions reinvested, SPYD returned +12.9% and XLI returned +14.3%, so XLI returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPYD or XLI?
- SPYD charges 0.07% a year and XLI charges 0.08%, so SPYD is cheaper. Fees come from each fund's prospectus.
- How much do SPYD and XLI overlap with the S&P 500?
- By their latest filed holdings, 100% of SPYD and 100% of XLI by weight is stocks the S&P 500 already holds. Between the two funds, 1% 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, SPYD against XLI, data as of Sep 12, 2026. https://etfiq.com/compare/any/SPYD-XLI Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources