SDY vs XLP ETF holdings comparison
SPDR S&P Dividend ETF (SDY) · Consumer Staples Select Sector SPDR ETF (XLP)
SDY and XLP overlap by 15.7% by portfolio weight. The remaining 84.3 percentage points are not counted as shared holdings weight by this calculation. They share 18 stocks; the largest shared position is Pepsico Inc (PEP), contributing 1.85% to the overlap.
What this means
SDY and XLP share a smaller portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "low holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
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.
This comparison covers normalized equity positions represented in the dataset. Cash, derivatives, options, structured notes, and other non-equity assets are not included, so the result is not a complete comparison of every asset or risk in either fund.
Top shared holdings
| Company | Ticker | in SDY | in XLP |
|---|---|---|---|
| Pepsico Inc | PEP | 1.85% | 4.11% |
| Target Corp | TGT | 1.76% | 4.30% |
| Kenvue Inc | KVUE | 1.49% | 2.12% |
| Kimberly Clark Corp | KMB | 1.44% | 2.03% |
| Procter + Gamble Co/The | PG | 1.34% | 7.59% |
| Coca Cola Co/The | KO | 1.25% | 7.37% |
| Archer Daniels Midland Co | ADM | 1.15% | 2.48% |
| Sysco Corp | SYY | 1.12% | 2.34% |
| Colgate Palmolive Co | CL | 1.00% | 4.38% |
| Church + Dwight Co Inc | CHD | 0.57% | 1.45% |
Holdings only in SDY or XLP
SDY has 138 fund-only positions representing approximately 84.1 percentage points of reported exposure; XLP has 17 fund-only positions representing approximately 37.5 percentage points of reported exposure. These are positions whose normalized security identifiers appear in one issuer file but not the other.
Largest positions only in SDY
| Company | Ticker | Weight |
|---|---|---|
| Accenture Plc Cl A | ACN | 3.49% |
| Verizon Communications Inc | VZ | 3.09% |
| Chevron Corp | CVX | 2.11% |
| Realty Income Corp | O | 1.96% |
| Medtronic Plc | MDT | 1.77% |
| Automatic Data Processing | ADP | 1.52% |
| Becton Dickinson And Co | BDX | 1.49% |
| Nike Inc Cl B | NKE | 1.47% |
| Exxonmobil Holdings Corp | XOM | 1.47% |
| Consolidated Edison Inc | ED | 1.36% |
Largest positions only in XLP
| Company | Ticker | Weight |
|---|---|---|
| Philip Morris International | PM | 6.78% |
| Altria Group Inc | MO | 4.61% |
| Mondelez International Inc A | MDLZ | 4.26% |
| Monster Beverage Corp | MNST | 3.89% |
| Keurig Dr Pepper Inc | KDP | 2.65% |
| Kroger Co | KR | 2.18% |
| Dollar General Corp | DG | 1.71% |
| Vylor Inc | VYLR | 1.62% |
| Hershey Co/The | HSY | 1.48% |
| Estee Lauder Companies Cl A | EL | 1.46% |
FAQ
How much do SDY and XLP overlap?
SDY and XLP have 15.7% overlap by weight, sharing 18 equity positions (out of 156 in SDY and 35 in XLP). The official holdings files used are dated 2026-10-08 for SDY and 2026-10-08 for XLP.
What does 15.7% overlap mean?
SDY and XLP share a smaller portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "low holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
Which stocks do SDY and XLP both hold?
The largest shared positions are Pepsico Inc, Target Corp, Kenvue Inc, Kimberly Clark Corp, Procter + Gamble Co/The. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between SDY and XLP?
SDY has 138 positions not found in XLP, while XLP has 17 positions not found in SDY. The largest fund-only positions and their weights are shown on this page.