IWD vs SPYD: how much do they overlap?
iShares Russell 1000 Value ETF (IWD) · SPDR Portfolio S&P 500 High Dividend ETF (SPYD)
overlap by weight · 77 shared holdings
IWD: 866 holdings (as of 2026-03-31) · SPYD: 79 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
IWD and SPYD 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 IWD | in SPYD |
|---|---|---|---|
| CHEVRON CORPORATION | CVX | 1.28% | 1.24% |
| VERIZON COMMUNICATIONS INC. | VZ | 0.7% | 1.26% |
| AT&T INC. | T | 0.66% | 1.05% |
| Pepsico, Inc. | PEP | 0.6% | 1.12% |
| PFIZER INC. | PFE | 0.52% | 1.12% |
| Altria Group, Inc. | MO | 0.37% | 1.4% |
| COMCAST CORPORATION | CMCSA | 0.34% | 0.96% |
| DUKE ENERGY CORPORATION | DUK | 0.34% | 1.25% |
| BRISTOL-MYERS SQUIBB COMPANY | BMY | 0.33% | 1.27% |
| CVS HEALTH CORPORATION | CVS | 0.3% | 1.5% |
FAQ
How much do IWD and SPYD overlap?
IWD and SPYD have a 11.4% overlap by weight, sharing 77 holdings (out of 866 in IWD and 79 in SPYD), based on official issuer holdings as of 2026-03-31.
What does 11.4% overlap mean?
IWD and SPYD hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do IWD and SPYD both hold?
The largest shared positions are CHEVRON CORPORATION, VERIZON COMMUNICATIONS INC., AT&T INC., Pepsico, Inc., PFIZER INC.. The full list of top shared holdings with weights in each fund is shown on this page.