SDY vs XLU: how much do they overlap?

SPDR S&P Dividend ETF (SDY) · Utilities Select Sector SPDR ETF (XLU)

11.9%

overlap by weight · 10 shared holdings

SDY: 156 holdings (as of 09-Jul-2026) · XLU: 32 holdings (as of 09-Jul-2026)

Low overlap

What this means

SDY 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 SDYin XLU
Edison International EIX 1.44% 2.03%
Wec Energy Group Inc WEC 1.38% 2.65%
Eversource Energy ES 1.38% 1.97%
Consolidated Edison Inc ED 1.32% 2.88%
Southern Co/The SO 1.31% 7.59%
Xcel Energy Inc XEL 1.23% 3.49%
Nextera Energy Inc NEE 1.07% 12.85%
Evergy Inc EVRG 0.96% 1.39%
Alliant Energy Corp LNT 0.94% 1.38%
Atmos Energy Corp ATO 0.86% 2.06%

FAQ

How much do SDY and XLU overlap?

SDY and XLU have a 11.9% overlap by weight, sharing 10 holdings (out of 156 in SDY and 32 in XLU), based on official issuer holdings as of 09-Jul-2026.

What does 11.9% overlap mean?

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

Which stocks do SDY and XLU both hold?

The largest shared positions are Edison International, Wec Energy Group Inc, Eversource Energy, Consolidated Edison Inc, Southern Co/The. The full list of top shared holdings with weights in each fund is shown on this page.

Related comparisons

→ Check your whole portfolio at once (free, no signup)