Which returned more over the last year, FDVV or XLU?

In the year to Oct 28, 2026, with distributions reinvested, FDVV returned +13.5% and XLU −3.0%.

Which is cheaper, FDVV or XLU?

XLU is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do FDVV and XLU overlap with the S&P 500?

By their latest filed holdings, 87% of FDVV and 100% of XLU by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

FDVV vs XLU: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FDVV returned +13.5% to XLU's −3.0%; 7% of their weight is in the same names.

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Net assets: $10.2bn on Sep 30, 2026 for Fidelity High Dividend ETF, and $23.9bn on Oct 27, 2026 for State Street Utilities Select Sector SPDR ETF.

FDVV on its own →XLU on its own →

At a glance

+13.5%

FDVV total return, 1 year

−3.0%

XLU total return, 1 year

0.15%

FDVV expense ratio

0.08%

XLU expense ratio

Pair scorecard

XLU costs 0.07 points a year less; their one-year returns differ by 16.5 points; XLU is 2.1 times larger.

FDVV vs XLU: Differences, Returns & Fees
Measure	FDVV	XLU
Return
Measure	FDVV	XLU
Total return, 1 year	+13.5%	−3.0%
Drawdown
Measure	FDVV	XLU
Below its high		9.1%, high on Feb 27, 2026
Benchmark
Measure	FDVV	XLU
What it tracks	Fidelity High Dividend Index	Utilities Select Sector Index
Cost and size
Measure	FDVV	XLU
Expense ratio	0.15%	0.08%
Net assets, as of Sep 30, 2026	$10.2bn	$21.3bn
Holdings
Measure	FDVV	XLU
Holdings in common	7%
Top ten holdings, share of the fund	33.8%	58.7%

Holdings in common uses holdings dated Jul 31, 2026 and Oct 27, 2026. Method

What they share

By the books each fund has filed, FDVV and XLU hold 7% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.

50%

0 half 100%

half

7% in common

Positions both hold · largest shared weight first FDVV XLU

NEXTERA ENERGY INC 1.17% 12.76%

SOUTHERN COMPANY 1.13% 7.91%

EDISON INTERNATIONAL 1.12% 1.66%

AMERICAN ELECTRIC POWER CO INC 1.10% 5.26%

EXELON CORP 1.05% 3.42%

EVERSOURCE ENERGY 1.02% 1.89%

AES CORP 0.89% 0.80%

Only in one fund ↓

Only in FDVV

NVIDIA CORP 6.57%

APPLE INC 6.18%

MICROSOFT CORP 4.88%

BROADCOM INC 3.11%

JPMORGAN CHASE and CO 2.76%

DELL TECHNOLOGIES INC 2.66%

BANK OF AMERICA CORPORATION 1.96%

COCA COLA CO 1.96%

Only in XLU

DUKE ENERGY CORP 7.22%

CONSTELLATION ENERGY 6.33%

DOMINION ENERGY INC 4.26%

SEMPRA 4.12%

ENTERGY CORP 3.75%

XCEL ENERGY INC 3.62%

VISTRA CORP 3.43%

CONSOLIDATED EDISON INC 3.16%

Check overlap with more funds →

Side by side

FDVV Fidelity High Dividend ETF XLU State Street Utilities Select Sector SPDR ETF

Where it sits Stock ETF Stock ETF

Issuer Fidelity State Street

What it is Tracks an index of High Dividend Tracks an index of Utilities

Total return, 1 year +13.5% −3.0%

Expense ratio 0.15% 0.08%

Already in the S&P 500 87.4% 99.7%

Holdings 95 32

Net assets, FDVV as of Sep 30, 2026 and XLU as of Oct 27, 2026 $10.2bn $23.9bn

FDVV and XLU on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

FDVV

FDVV tracks an index of High Dividend. Over the year to Oct 28, 2026 it returned +13.5% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jul 31, 2026, 87% of the fund by weight is stocks the S&P 500 also holds, across 95 positions, with the top ten at 33.8%.

XLU

XLU tracks an index of Utilities. Over the year to Oct 28, 2026 it returned −3.0% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 32 positions, with the top ten at 58.7%. It sat 9.1% below its high of Feb 27, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, FDVV or XLU?: In the year to Oct 28, 2026, with distributions reinvested, FDVV returned +13.5% and XLU −3.0%.
Which is cheaper, FDVV or XLU?: XLU is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FDVV and XLU overlap with the S&P 500?: By their latest filed holdings, 87% of FDVV and 100% of XLU by weight is stocks the S&P 500 already holds.

Other comparisons

FDVV vs VPU FDVV vs XLY FDVV vs XLC FDVV vs VHT SPHD vs XLU VLUE vs XLU SPYD vs XLU PVAL vs XLU

Where to next

FDVV on its own →XLU on its own →Hold both: look the portfolio through →Rankings →FDVV dividend history →FDVV holdings →XLU dividend history →XLU holdings →Standards and sources →

Sources and dates

FDVV filings on SEC EDGAR ↗

FDVV prospectus with the expense ratio (SEC) ↗

Fidelity website ↗

XLU filings on SEC EDGAR ↗

XLU prospectus with the expense ratio (SEC) ↗

State Street website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, FDVV against XLU, data as of Oct 28, 2026. https://etfiq.com/compare/any/fdvv-vs-xlu

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.