Which returned more over the last year, RWK or SDY?

In the year to Oct 9, 2026, with distributions reinvested, RWK returned +15.9% and SDY +10.0%.

Which is cheaper, RWK or SDY?

SDY is cheaper, by 0.04 percentage points a year. On $10,000 held for a year that difference is about $4. Fees come from each fund's prospectus.

How much do RWK and SDY overlap with the S&P 500?

By their latest filed holdings, 2% of RWK and 84% of SDY by weight is stocks the S&P 500 already holds.

Share on X Download as PDF Compare their flows Ask about these two funds

RWK vs SDY: how they differ

RWK and SDY hold 5% of their weight in the same names, and RWK returned +15.9% over the year. Invesco S&P MidCap 400 Revenue ETF and State Street SPDR S&P Dividend ETF.

SDY costs 0.04 points a year less; their one-year returns differ by 5.9 points; SDY is 16.2 times larger.

	RWK	SDY
Expense ratio	0.39%	0.35%
Net assets, RWK as of Oct 9, 2026 and SDY as of Oct 8, 2026	$1.3bn	$20.8bn
Total return, 1 year	+15.9%	+10.0%
Holdings in common	5%
Nasdaq-100, total return, 1 year	+23.6%
Top ten holdings, share of the fund	20.9%	20.5%
Below its high	6.7%, high on Aug 14, 2026	5.8%, high on Aug 24, 2026

Holdings in common uses holdings dated Oct 8, 2026.

+15.9%

RWK total return, 1 year

+10.0%

SDY total return, 1 year

0.39%

RWK expense ratio

0.35%

SDY expense ratio

What they hold in common

By the books each fund has filed, RWK and SDY hold 5% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 8, 2026.

50%

half

5% in common

Positions both hold, largest shared weight first

Holding RWK SDY

Ryder System Inc 0.50% 0.38%

Old Republic International Corp 0.38% 0.37%

American Financial Group Inc/OH 0.34% 0.43%

RPM International Inc 0.32% 0.58%

Hanover Insurance Group Inc/The 0.27% 0.34%

RenaissanceRe Holdings Ltd 0.47% 0.24%

Sonoco Products Co 0.30% 0.21%

RB Global Inc 0.20% 0.36%

Toro Co/The 0.20% 0.42%

Carlisle Cos Inc 0.20% 0.53%

Lincoln Electric Holdings Inc 0.17% 0.55%

UMB Financial Corp 0.16% 0.41%

Only in RWK

Albertsons Cos Inc 3.54%

TD SYNNEX Corp 2.96%

Performance Food Group Co 2.75%

American Airlines Group Inc 2.36%

Molina Healthcare Inc 1.84%

PBF Energy Inc 1.64%

US Foods Holding Corp 1.64%

Arrow Electronics Inc 1.55%

Only in SDY

ACCENTURE PLC CL A 3.49%

VERIZON COMMUNICATIONS INC 3.09%

CHEVRON CORP 2.11%

REALTY INCOME CORP 1.96%

PEPSICO INC 1.85%

MEDTRONIC PLC 1.77%

TARGET CORP 1.76%

AUTOMATIC DATA PROCESSING 1.52%

Check overlap with more funds →

On the same fields

RWK

Invesco S&P MidCap 400 Revenue ETF

SDY

State Street SPDR S&P Dividend ETF

Where it sits Stock ETF Stock ETF

Issuer Invesco State Street

What it is Tracks an index Tracks the S&P Dividend

Total return, 1 year +15.9% +10.0%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 −1.3 pts −7.3 pts

Expense ratio 0.39% 0.35%

Already in the S&P 500 2.4% 84.4%

Holdings 400 156

Net assets, RWK as of Oct 9, 2026 and SDY as of Oct 8, 2026 $1.3bn $20.8bn

RWK and SDY on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

RWK in plain words

RWK tracks an index. Over the year to Oct 9, 2026 it returned +15.9% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.39% a year. By its holdings published by its issuer for Oct 8, 2026, 2% of the fund by weight is stocks the S&P 500 also holds, across 400 positions, with the top ten at 20.9%. It sat 6.7% below its high of Aug 14, 2026 on Oct 9, 2026.

SDY in plain words

SDY tracks the S&P Dividend. Over the year to Oct 9, 2026 it returned +10.0% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 8, 2026, 84% of the fund by weight is stocks the S&P 500 also holds, across 156 positions, with the top ten at 20.5%. It sat 5.8% below its high of Aug 24, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, RWK or SDY?: In the year to Oct 9, 2026, with distributions reinvested, RWK returned +15.9% and SDY +10.0%.
Which is cheaper, RWK or SDY?: SDY is cheaper, by 0.04 percentage points a year. On $10,000 held for a year that difference is about $4. Fees come from each fund's prospectus.
How much do RWK and SDY overlap with the S&P 500?: By their latest filed holdings, 2% of RWK and 84% of SDY by weight is stocks the S&P 500 already holds.

Other comparisons

DVY vs RWK COWZ vs RWK IWS vs RWK IJJ vs RWK SDY vs VFLO COWZ vs SDY DVY vs SDY SDY vs VOE

RWK on its own →SDY on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

RWK filings on SEC EDGAR ↗RWK prospectus with the expense ratio (SEC) ↗Invesco page for RWK ↗SDY filings on SEC EDGAR ↗SDY prospectus with the expense ratio (SEC) ↗State Street website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Cite this page

ETFIQ, RWK against SDY, data as of Oct 9, 2026. https://etfiq.com/compare/any/rwk-vs-sdy

Open data

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