Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
SDY vs SPHQ: how they differ
SDY and SPHQ hold 13% of their weight in the same names, and SPHQ returned more over the year.
State Street(R) SPDR(R) S&P(R) Dividend ETF and Invesco S&P 500 Quality ETF.
What they hold in common
By the books each fund has filed, SDY and SPHQ hold 13% of their money in the same securities at the same weight.
| Holding | SDY | SPHQ |
|---|---|---|
| PROCTER + GAMBLE CO/THE | 1.26% | 2.86% |
| AUTOMATIC DATA PROCESSING | 1.47% | 1.06% |
| LOCKHEED MARTIN CORP | 1.23% | 1.02% |
| ACCENTURE PLC CL A | 2.94% | 0.96% |
| QUALCOMM INC | 0.89% | 2.51% |
| ILLINOIS TOOL WORKS | 1.02% | 0.77% |
| TEXAS INSTRUMENTS INC | 0.74% | 2.11% |
| AMERIPRISE FINANCIAL INC | 0.69% | 0.73% |
| TRAVELERS COS INC/THE | 0.66% | 0.73% |
| COLGATE PALMOLIVE CO | 0.98% | 0.64% |
| FASTENAL CO | 0.95% | 0.52% |
| CINTAS CORP | 0.46% | 0.63% |
| Only in SDY | Only in SPHQ |
|---|---|
| VERIZON COMMUNICATIONS INC 3.33% | Mastercard Inc 5.78% |
| REALTY INCOME CORP 2.12% | Visa Inc 5.68% |
| CHEVRON CORP 2.09% | Apple Inc 5.60% |
| PEPSICO INC 1.95% | Lam Research Corp 4.10% |
| MEDTRONIC PLC 1.82% | Netflix Inc 4.00% |
| TARGET CORP 1.74% | GE Vernova Inc 3.92% |
| NIKE INC CL B 1.53% | General Electric Co 3.62% |
| KENVUE INC 1.48% | Cisco Systems Inc 3.51% |
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 Sep 10, 2026.
| SDY State Street(R) SPDR(R) S&P(R) Dividend ETF | SPHQ Invesco S&P 500 Quality ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | State Street | Invesco |
| What it is | SPDR S&P Dividend | S&P 500 Quality |
| Total return, 1 year | +11.0% | +17.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −6.5 pts | −0.1 pts |
| Expense ratio | 0.35% | 0.15% |
| Already in the S&P 500 | 84.6% | 99.9% |
| Holdings | 157 | 100 |
SDY in plain words
SDY is an index equity fund tracking the SPDR S&P Dividend. Over the year to Sep 11, 2026 it returned +11.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. By its holdings filed for Sep 10, 2026, 85% of the fund by weight is stocks the S&P 500 also holds, across 157 positions, with the top ten at 20.5%. It sat 3.9% below its high of Aug 24, 2026 on Sep 11, 2026.
SPHQ in plain words
SPHQ is an index equity fund tracking the S&P 500 Quality. Over the year to Sep 11, 2026 it returned +17.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 100 positions, with the top ten at 43.4%. It sat 6.1% below its high of Jun 30, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, SDY or SPHQ?
- In the year to Sep 13, 2026, with distributions reinvested, SDY returned +11.0% and SPHQ returned +17.4%, so SPHQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SDY or SPHQ?
- SDY charges 0.35% a year and SPHQ charges 0.15%, so SPHQ is cheaper. Fees come from each fund's prospectus.
- How much do SDY and SPHQ overlap with the S&P 500?
- By their latest filed holdings, 85% of SDY and 100% of SPHQ by weight is stocks the S&P 500 already holds. Between the two funds, 13% of their books are the same securities at the same weight.
Other comparisons
Where to next
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, SDY against SPHQ, data as of Sep 13, 2026. https://etfiq.com/compare/any/sdy-vs-sphq Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources