Get the weekly note

Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

SPYD vs XLG: how they differ

SPYD and XLG hold 2% of their weight in the same names, and SPYD returned more over the year.

State Street(R) SPDR(R) Portfolio S&P 500(R) High Dividend ETF and Invesco S&P 500 Top 50 ETF.

What they hold in common

By the books each fund has filed, SPYD and XLG hold 2% of their money in the same securities at the same weight.

Positions SPYD and XLG both hold, largest shared weight first
HoldingSPYDXLG
CHEVRON CORP1.43%0.96%
VERIZON COMMUNICATIONS INC1.46%0.50%
PEPSICO INC1.30%0.46%
Largest positions each one holds and the other does not
Only in SPYDOnly in XLG
HP INC 1.69%NVIDIA Corp 12.79%
ACCENTURE PLC CL A 1.64%Apple Inc 11.58%
TARGET CORP 1.46%Microsoft Corp 8.83%
MEDTRONIC PLC 1.45%Amazon.com Inc 5.95%
MOSAIC CO/THE 1.44%Alphabet Inc 4.71%
PFIZER INC 1.44%Broadcom Inc 4.12%
AT+T INC 1.43%Alphabet Inc 3.77%
ARES MANAGEMENT CORP A 1.41%Meta Platforms Inc 3.42%

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.

SPYD and XLG on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
SPYD
State Street(R) SPDR(R) Portfolio S&P 500(R) High Dividend ETF
XLG
Invesco S&P 500 Top 50 ETF
Where it sitsCore index fundCore index fund
IssuerState StreetInvesco
What it isSPDR Portfolio S&P 500 High DividendS&P 500 top 50
Total return, 1 year+12.9%+12.2%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−4.6 pts−5.3 pts
Expense ratio0.07%0.20%
Already in the S&P 500100.0%100.0%
Holdings8152

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.

XLG in plain words

XLG is an index equity fund tracking the S&P 500 top 50. Over the year to Sep 11, 2026 it returned +12.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% 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 52 positions, with the top ten at 60.3%.

Questions people ask

Which returned more over the last year, SPYD or XLG?
In the year to Sep 13, 2026, with distributions reinvested, SPYD returned +12.9% and XLG returned +12.2%, so SPYD returned more. One year is one year; the longer windows are in the table.
Which is cheaper, SPYD or XLG?
SPYD charges 0.07% a year and XLG charges 0.20%, so SPYD is cheaper. Fees come from each fund's prospectus.
How much do SPYD and XLG overlap with the S&P 500?
By their latest filed holdings, 100% of SPYD and 100% of XLG by weight is stocks the S&P 500 already holds. Between the two funds, 2% 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.

SPYD against XLG, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, SPYD against XLG, data as of Sep 13, 2026. https://etfiq.com/compare/any/spyd-vs-xlg Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources