Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
SPHD vs XLC: how they differ
SPHD and XLC hold 9% of their weight in the same names, and SPHD returned more over the year.
Invesco S&P 500 High Dividend Low Volatility ETF and State Street(R) Communication Services Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, SPHD and XLC hold 9% of their money in the same securities at the same weight.
| Holding | SPHD | XLC |
|---|---|---|
| Verizon Communications Inc | 3.39% | 5.03% |
| AT&T Inc | 2.70% | 5.19% |
| Comcast Corp | 2.62% | 4.61% |
| Only in SPHD | Only in XLC |
|---|---|
| Pfizer Inc 3.38% | META PLATFORMS INC CLASS A 18.92% |
| General Mills Inc 2.96% | ALPHABET INC CL A 10.12% |
| Kraft Heinz Co/The 2.90% | ALPHABET INC CL C 8.10% |
| VICI Properties Inc 2.83% | WALT DISNEY CO/THE 4.76% |
| Altria Group Inc 2.55% | WARNER BROS DISCOVERY INC 4.61% |
| Crown Castle Inc 2.43% | NETFLIX INC 4.57% |
| Healthpeak Properties Inc 2.38% | T MOBILE US INC 4.52% |
| Prudential Financial Inc 2.31% | LIVE NATION ENTERTAINMENT IN 4.13% |
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 | XLC State Street(R) Communication Services Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | State Street |
| What it is | S&P 500 High Dividend Low Volatility | Communication services |
| Total return, 1 year | +8.6% | −2.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −8.9 pts | −19.5 pts |
| Expense ratio | 0.30% | 0.08% |
| Already in the S&P 500 | 95.7% | 100.0% |
| Holdings | 56 | 26 |
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.
XLC in plain words
XLC is an index equity fund tracking the Communication services. Over the year to Sep 11, 2026 it returned −2.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% 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 26 positions, with the top ten at 70.4%. It sat 5.7% below its high of Jan 30, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, SPHD or XLC?
- In the year to Sep 13, 2026, with distributions reinvested, SPHD returned +8.6% and XLC returned −2.0%, so SPHD returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPHD or XLC?
- SPHD charges 0.30% a year and XLC charges 0.08%, so XLC is cheaper. Fees come from each fund's prospectus.
- How much do SPHD and XLC overlap with the S&P 500?
- By their latest filed holdings, 96% of SPHD and 100% of XLC by weight is stocks the S&P 500 already holds. Between the two funds, 9% 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 XLC, data as of Sep 13, 2026. https://etfiq.com/compare/any/sphd-vs-xlc Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources