SPY vs XLY: how much do they overlap?
SPDR S&P 500 ETF Trust (SPY) · Consumer Discretionary Select Sector SPDR ETF (XLY)
overlap by weight · 47 shared holdings
SPY: 504 holdings (as of 09-Jul-2026) · XLY: 47 holdings (as of 09-Jul-2026)
Low overlap
What this means
SPY and XLY 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 XLY |
|---|---|---|---|
| Amazon.Com Inc | AMZN | 3.73% | 23.12% |
| Tesla Inc | TSLA | 1.76% | 19.05% |
| Home Depot Inc | HD | 0.52% | 5.62% |
| Mcdonald S Corp | MCD | 0.3% | 4.26% |
| Tjx Companies Inc | TJX | 0.26% | 3.92% |
| Booking Holdings Inc | BKNG | 0.21% | 3.4% |
| Starbucks Corp | SBUX | 0.19% | 3.03% |
| Lowe S Cos Inc | LOW | 0.18% | 2.98% |
| Marriott International Cl A | MAR | 0.13% | 2.04% |
| Hilton Worldwide Holdings In | HLT | 0.12% | 1.92% |
FAQ
How much do SPY and XLY overlap?
SPY and XLY have a 9.3% overlap by weight, sharing 47 holdings (out of 504 in SPY and 47 in XLY), based on official issuer holdings as of 09-Jul-2026.
What does 9.3% overlap mean?
SPY and XLY hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do SPY and XLY both hold?
The largest shared positions are Amazon.Com Inc, Tesla Inc, Home Depot Inc, Mcdonald S Corp, Tjx Companies Inc. The full list of top shared holdings with weights in each fund is shown on this page.