SPY vs SPYD: how much do they overlap?
SPDR S&P 500 ETF Trust (SPY) · SPDR Portfolio S&P 500 High Dividend ETF (SPYD)
overlap by weight · 78 shared holdings
SPY: 504 holdings (as of 09-Jul-2026) · SPYD: 79 holdings (as of 09-Jul-2026)
Low overlap
What this means
SPY 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 SPY | in SPYD |
|---|---|---|---|
| Chevron Corp | CVX | 0.5% | 1.24% |
| Pepsico Inc | PEP | 0.29% | 1.12% |
| Verizon Communications Inc | VZ | 0.27% | 1.26% |
| At+T Inc | T | 0.22% | 1.05% |
| Pfizer Inc | PFE | 0.21% | 1.12% |
| Cvs Health Corp | CVS | 0.2% | 1.5% |
| Altria Group Inc | MO | 0.18% | 1.4% |
| Bristol Myers Squibb Co | BMY | 0.18% | 1.27% |
| Duke Energy Corp | DUK | 0.15% | 1.25% |
| Us Bancorp | USB | 0.15% | 1.33% |
FAQ
How much do SPY and SPYD overlap?
SPY and SPYD have a 5.5% overlap by weight, sharing 78 holdings (out of 504 in SPY and 79 in SPYD), based on official issuer holdings as of 09-Jul-2026.
What does 5.5% overlap mean?
SPY and SPYD hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do SPY and SPYD both hold?
The largest shared positions are Chevron Corp, Pepsico Inc, Verizon Communications Inc, At+T Inc, Pfizer Inc. The full list of top shared holdings with weights in each fund is shown on this page.