Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
SPHD vs SPYD: how they differ
SPHD and SPYD hold 56% of their weight in the same names, and SPYD returned more over the year.
Invesco S&P 500 High Dividend Low Volatility ETF and State Street(R) SPDR(R) Portfolio S&P 500(R) High Dividend ETF.
What they hold in common
By the books each fund has filed, SPHD and SPYD hold 56% of their money in the same securities at the same weight.
| Holding | SPHD | SPYD |
|---|---|---|
| Verizon Communications Inc | 3.39% | 1.46% |
| Medtronic PLC | 1.85% | 1.45% |
| Pfizer Inc | 3.38% | 1.44% |
| AT&T Inc | 2.70% | 1.43% |
| Chevron Corp | 2.11% | 1.43% |
| Comcast Corp | 2.62% | 1.38% |
| Bristol-Myers Squibb Co | 2.08% | 1.36% |
| American Tower Corp | 2.02% | 1.35% |
| Franklin Templeton Inc | 1.86% | 1.34% |
| Paychex Inc | 2.13% | 1.34% |
| J M Smucker Co/The | 1.82% | 1.33% |
| EOG Resources Inc | 1.46% | 1.32% |
| Only in SPHD | Only in SPYD |
|---|---|
| ONEOK Inc/OK 2.29% | HP INC 1.69% |
| Genuine Parts Co 1.81% | ACCENTURE PLC CL A 1.64% |
| ConocoPhillips 1.67% | TARGET CORP 1.46% |
| ExxonMobil Holdings Corp 1.45% | MOSAIC CO/THE 1.44% |
| Public Service Enterprise Group Inc 1.34% | ARES MANAGEMENT CORP A 1.41% |
| Invesco Government & Agency Portfolio 0.26% | FALCON TOPCO INC 1.35% |
| CME E Mini Health Care Select Sector Fut 0.15% | LYONDELLBASELL INDU CL A 1.33% |
| E-mini S&P Real Estate Select Sector Sto 0.14% | BLACKSTONE INC 1.32% |
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.
| SPHD Invesco S&P 500 High Dividend Low Volatility ETF | SPYD State Street(R) SPDR(R) Portfolio S&P 500(R) High Dividend ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | State Street |
| What it is | S&P 500 High Dividend Low Volatility | SPDR Portfolio S&P 500 High Dividend |
| Total return, 1 year | +8.6% | +12.9% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −8.9 pts | −4.6 pts |
| Expense ratio | 0.30% | 0.07% |
| Already in the S&P 500 | 95.7% | 100.0% |
| Holdings | 56 | 81 |
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 Sep 10, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 56 positions, with the top ten at 28.1%. It sat 4.1% below its high of Aug 24, 2026 on Sep 11, 2026.
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 Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 81 positions, with the top ten at 14.9%. It sat 4.3% below its high of Aug 24, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, SPHD or SPYD?
- In the year to Sep 13, 2026, with distributions reinvested, SPHD returned +8.6% and SPYD returned +12.9%, so SPYD returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPHD or SPYD?
- SPHD charges 0.30% a year and SPYD charges 0.07%, so SPYD is cheaper. Fees come from each fund's prospectus.
- How much do SPHD and SPYD overlap with the S&P 500?
- By their latest filed holdings, 96% of SPHD and 100% of SPYD by weight is stocks the S&P 500 already holds. Between the two funds, 56% 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 SPYD, data as of Sep 13, 2026. https://etfiq.com/compare/any/sphd-vs-spyd Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources