SDY vs XLB: how much do they overlap?
SPDR S&P Dividend ETF (SDY) · Materials Select Sector SPDR ETF (XLB)
overlap by weight · 8 shared holdings
SDY: 156 holdings (as of 09-Jul-2026) · XLB: 26 holdings (as of 09-Jul-2026)
Low overlap
What this means
SDY and XLB 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 SDY | in XLB |
|---|---|---|---|
| Ppg Industries Inc | PPG | 1.15% | 3.5% |
| Air Products + Chemicals Inc | APD | 1.03% | 4.72% |
| Amcor Plc | AMCR | 0.91% | 2.67% |
| Nucor Corp | NUE | 0.59% | 3.91% |
| Linde Plc | LIN | 0.57% | 14.41% |
| Ecolab Inc | ECL | 0.46% | 4.69% |
| Sherwin Williams Co/The | SHW | 0.41% | 4.82% |
| Albemarle Corp | ALB | 0.24% | 2.05% |
FAQ
How much do SDY and XLB overlap?
SDY and XLB have a 5.4% overlap by weight, sharing 8 holdings (out of 156 in SDY and 26 in XLB), based on official issuer holdings as of 09-Jul-2026.
What does 5.4% overlap mean?
SDY and XLB hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do SDY and XLB both hold?
The largest shared positions are Ppg Industries Inc, Air Products + Chemicals Inc, Amcor Plc, Nucor Corp, Linde Plc. The full list of top shared holdings with weights in each fund is shown on this page.