Data as of Oct 28, 2026.

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SPHD vs VTWO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SPHD returned +11.0% to VTWO's +14.3%; 0% of their weight is in the same names.

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Net assets: $3.3bn on Oct 27, 2026 for Invesco S&P 500 High Dividend Low Volatility ETF, and $16.6bn on Sep 30, 2026 for Vanguard Russell 2000 ETF.

At a glance
+11.0%
SPHD total return, 1 year
+14.3%
VTWO total return, 1 year
0.30%
SPHD expense ratio
0.06%
VTWO expense ratio

Pair scorecard

VTWO costs 0.24 points a year less; their one-year returns differ by 3.3 points.

SPHD vs VTWO: Differences, Returns & Fees
MeasureSPHDVTWO
Return
Total return, 1 year+11.0%+14.3%
Drawdown
Below its high4.2%, high on Aug 24, 20267.5%, high on Aug 14, 2026
Benchmark
What it tracksS&P 500 Low Volatility High Dividend IndexRussell 2000 Index
Cost and size
Expense ratio0.30%0.06%
Net assets, SPHD as of Oct 27, 2026 and VTWO as of Sep 30, 2026$3.3bn$16.6bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund28.2%5.4%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, SPHD and VTWO hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first SPHD VTWO
Only in one fund ↓
Only in SPHD
Pfizer Inc 3.74%
Verizon Communications Inc 3.10%
Crown Castle Inc 2.97%
Kraft Heinz Co 2.89%
General Mills Inc 2.88%
Altria Group Inc 2.80%
VICI Properties Inc 2.78%
Comcast Corp 2.36%
Only in VTWO
SLBBH1142 2.36%
Twist Bioscience Corp 0.42%
Moog Inc 0.36%
10X Genomics Inc 0.35%
JFrog Ltd 0.35%
UMB Financial Corp 0.32%
BrightSpring Health Services Inc 0.31%
Glaukos Corp 0.31%
Check overlap with more funds →

Side by side

SPHD Invesco S&P 500 High Dividend Low Volatility ETF VTWO Vanguard Russell 2000 ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P 500 High Dividend Low Volatility Tracks the Russell 2000
Total return, 1 year +11.0% +14.3%
Its benchmark over the same days not measured +14.1% (IWM)
Gap to its benchmark not measured +0.2 pts vs IWM
Expense ratio 0.30% 0.06%
Already in the S&P 500 95.2% 0.5%
Holdings 59 2002
Net assets, SPHD as of Oct 27, 2026 and VTWO as of Sep 30, 2026 $3.3bn $16.6bn

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

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About each fund
SPHD

SPHD tracks the S&P 500 High Dividend Low Volatility. Over the year to Oct 28, 2026 it returned +11.0% with distributions reinvested. The prospectus expense ratio is 0.30% a year. By its holdings published by its issuer for Oct 27, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 59 positions, with the top ten at 28.2%. It sat 4.2% below its high of Aug 24, 2026 on Oct 28, 2026.

VTWO

VTWO tracks the Russell 2000. Over the year to Oct 28, 2026 it returned +14.3% with distributions reinvested, against +14.1% for its benchmark, the Russell 2000 Index. The prospectus expense ratio is 0.06% a year. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,002 positions, with the top ten at 5.4%. It sat 7.5% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, SPHD or VTWO?
In the year to Oct 28, 2026, with distributions reinvested, SPHD returned +11.0% and VTWO +14.3%.
Which is cheaper, SPHD or VTWO?
VTWO is cheaper, by 0.24 percentage points a year. That is about $24 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do SPHD and VTWO overlap with the S&P 500?
By their latest filed holdings, 95% of SPHD and 0% of VTWO by weight is stocks the S&P 500 already holds.
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ETFIQ, SPHD against VTWO, data as of Oct 28, 2026. https://etfiq.com/compare/any/sphd-vs-vtwo

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