SPYD vs XLU: how much do they overlap?

SPDR Portfolio S&P 500 High Dividend ETF (SPYD) · Utilities Select Sector SPDR ETF (XLU)

10.7%

overlap by weight · 9 shared holdings

SPYD: 79 holdings (as of 09-Jul-2026) · XLU: 32 holdings (as of 09-Jul-2026)

Low overlap

What this means

SPYD 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 SPYDin XLU
Edison International EIX 1.47% 2.03%
Dominion Energy Inc D 1.36% 4.32%
Evergy Inc EVRG 1.32% 1.39%
Duke Energy Corp DUK 1.25% 6.91%
Eversource Energy ES 1.23% 1.97%
Exelon Corp EXC 1.23% 3.36%
Firstenergy Corp FE 1.2% 1.75%
Pinnacle West Capital PNW 1.36% 0.92%
Aes Corp AES 1.23% 0.74%

FAQ

How much do SPYD and XLU overlap?

SPYD and XLU have a 10.7% overlap by weight, sharing 9 holdings (out of 79 in SPYD and 32 in XLU), based on official issuer holdings as of 09-Jul-2026.

What does 10.7% overlap mean?

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

Which stocks do SPYD and XLU both hold?

The largest shared positions are Edison International, Dominion Energy Inc, Evergy Inc, Duke Energy Corp, Eversource Energy. The full list of top shared holdings with weights in each fund is shown on this page.

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