SMH vs SPYD ETF holdings comparison
VanEck Semiconductor ETF (SMH) · SPDR Portfolio S&P 500 High Dividend ETF (SPYD)
SMH and SPYD overlap by 0.2% by portfolio weight. The remaining 99.8 percentage points are not counted as shared holdings weight by this calculation. They share 1 stocks; the largest shared position is Skyworks Solutions Inc (SWKS), contributing 0.16% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
SMH and SPYD 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 SMH | in SPYD |
|---|---|---|---|
| Skyworks Solutions Inc | SWKS | 0.16% | 1.27% |
Holdings only in SMH or SPYD
SMH has 24 fund-only positions representing approximately 99.8 percentage points of reported exposure; SPYD has 80 fund-only positions representing approximately 98.2 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 SMH
| Company | Ticker | Weight |
|---|---|---|
| NVIDIA Corp | NVDA | 17.55% |
| Taiwan Semiconductor Manufacturing Co Ltd | TSM | 9.29% |
| Applied Materials Inc | AMAT | 5.74% |
| Micron Technology Inc | MU | 5.67% |
| Advanced Micro Devices Inc | AMD | 5.63% |
| KLA Corp | KLAC | 5.57% |
| Lam Research Corp | LRCX | 5.31% |
| Broadcom Inc | AVGO | 5.28% |
| Intel Corp | INTC | 5.15% |
| ASML Holding NV | ASML | 5.04% |
Largest positions only in SPYD
| Company | Ticker | Weight |
|---|---|---|
| Accenture Plc Cl A | ACN | 1.62% |
| Ares Management Corp A | ARES | 1.45% |
| Target Corp | TGT | 1.44% |
| Hp Inc | HPQ | 1.43% |
| Blackstone Inc | BX | 1.42% |
| Comcast Corp Class A | CMCSA | 1.40% |
| Pfizer Inc | PFE | 1.40% |
| Verizon Communications Inc | VZ | 1.38% |
| Paychex Inc | PAYX | 1.37% |
| At+T Inc | T | 1.36% |
FAQ
How much do SMH and SPYD overlap?
SMH and SPYD have 0.2% overlap by weight, sharing 1 equity positions (out of 25 in SMH and 81 in SPYD). The official holdings files used are dated 2026-06-30 for SMH and 2026-08-25 for SPYD.
What does 0.2% overlap mean?
SMH and SPYD 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 SMH and SPYD both hold?
The largest shared positions are Skyworks Solutions Inc. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between SMH and SPYD?
SMH has 24 positions not found in SPYD, while SPYD has 80 positions not found in SMH. The largest fund-only positions and their weights are shown on this page.