HDV vs SPY: how much do they overlap?
iShares Core High Dividend ETF (HDV) · SPDR S&P 500 ETF Trust (SPY)
overlap by weight · 51 shared holdings
HDV: 74 holdings (as of 2026-01-31) · SPY: 504 holdings (as of 09-Jul-2026)
Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.
Low overlap
What this means
HDV and SPY hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Overlap by weight sums the smaller of the two funds' weights for every stock they both hold — it answers "how much of my money is in the same stocks either way?" See methodology.
Top shared holdings
| Company | Ticker | in HDV | in SPY |
|---|---|---|---|
| Johnson & Johnson | JNJ | 6.84% | 0.96% |
| Cisco Systems Inc | CSCO | 3.11% | 0.72% |
| AbbVie Inc | ABBV | 5.61% | 0.68% |
| Procter & Gamble Co/The | PG | 5.25% | 0.53% |
| Home Depot Inc/The | HD | 4.75% | 0.52% |
| Chevron Corp | CVX | 7.36% | 0.5% |
| Coca-Cola Co/The | KO | 4.12% | 0.49% |
| Philip Morris International In | PM | 5.36% | 0.44% |
| Texas Instruments Inc | TXN | 2.98% | 0.43% |
| PepsiCo Inc | PEP | 3.98% | 0.29% |
FAQ
How much do HDV and SPY overlap?
HDV and SPY have a 9.2% overlap by weight, sharing 51 holdings (out of 74 in HDV and 504 in SPY), based on official issuer holdings as of 2026-01-31.
What does 9.2% overlap mean?
HDV and SPY hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do HDV and SPY both hold?
The largest shared positions are Johnson & Johnson, Cisco Systems Inc, AbbVie Inc, Procter & Gamble Co/The, Home Depot Inc/The. The full list of top shared holdings with weights in each fund is shown on this page.