HDV vs XLU: how much do they overlap?

iShares Core High Dividend ETF (HDV) · Utilities Select Sector SPDR ETF (XLU)

7.6%

overlap by weight · 12 shared holdings

HDV: 74 holdings (as of 2026-01-31) · XLU: 32 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 XLU 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

CompanyTickerin HDVin XLU
Duke Energy Corp DUK 1.69% 6.91%
Southern Co/The SO 1.65% 7.59%
American Electric Power Co Inc AEP 0.98% 5.15%
WEC Energy Group Inc WEC 0.57% 2.65%
DTE Energy Co DTE 0.45% 2.2%
PPL Corp PPL 0.4% 1.9%
Ameren Corp AEE 0.39% 2.19%
Evergy Inc EVRG 0.32% 1.39%
CMS Energy Corp CMS 0.32% 1.64%
CenterPoint Energy Inc CNP 0.29% 2.01%

FAQ

How much do HDV and XLU overlap?

HDV and XLU have a 7.6% overlap by weight, sharing 12 holdings (out of 74 in HDV and 32 in XLU), based on official issuer holdings as of 2026-01-31.

What does 7.6% overlap mean?

HDV and XLU hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.

Which stocks do HDV and XLU both hold?

The largest shared positions are Duke Energy Corp, Southern Co/The, American Electric Power Co Inc, WEC Energy Group Inc, DTE Energy Co. The full list of top shared holdings with weights in each fund is shown on this page.

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