ETF comparison

SPHD vs SPYD

Both Dividend.

Invesco S&P 500 High Dividend Low Volatility ETF · State Street SPDR Portfolio S&P 500 High Dividend ETF

Holdings overlap

Weighted by ISIN/CUSIP
54.0 %

44 positions appear in both funds. Buying equal dollars of SPHD and SPYD would leave roughly 54.0% of each dollar exposed to the same underlying securities.

SPHD only 45.6% Shared 54.0% SPYD only 45.4%
In SPHD only
6 positions
Shared
44 positions
In SPYD only
37 positions

Side by side

SPHD

Invesco S&P 500 High Dividend Low Volatility ETF

Invesco · Dividend

73 composite / 100
Expense ratio
0.30%
Net assets
$3.31B
TTM yield
4.47%
Top-10 conc.
30.7%
SPYD

State Street SPDR Portfolio S&P 500 High Dividend ETF

State Street · Dividend

89 composite / 100
Expense ratio
0.070%
Net assets
$7.37B
TTM yield
4.18%
Top-10 conc.
16.5%

Sub-score comparison

70
Cost
93
72
Tax efficiency
72
79
Liquidity
94
70
Concentration
91
Tracking quality
SPHD sub-score SPYD

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

SPYD is 23 bps cheaper than SPHD. On a $100,000 position that's about $230/yr more in fees for SPHD.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with SPHD vs SPYD.

Top shared holdings

44 shared in total
# Holding In SPHD In SPYD Overlap
1 EOG Resources, Inc. 1.71% 1.64% 1.64%
2 Verizon Communications Inc. 3.39% 1.57% 1.57%
3 Chevron Corp. 2.00% 1.52% 1.52%
4 AT&T Inc. 2.12% 1.51% 1.51%
5 ONEOK, Inc. 2.43% 1.46% 1.46%
6 Kinder Morgan, Inc. 1.96% 1.44% 1.44%
7 Bristol-Myers Squibb Co. 2.10% 1.37% 1.37%
8 Duke Energy Corp. 1.57% 1.35% 1.35%
9 Exelon Corp. 1.60% 1.34% 1.34%
10 Pfizer Inc. 2.93% 1.33% 1.33%
11 Altria Group, Inc. 3.18% 1.33% 1.33%
12 Pinnacle West Capital Corp. 1.73% 1.32% 1.32%

Only in SPHD

6 total
  • Williams Cos., Inc. (The) 1.56%
  • Coterra Energy Inc. 1.52%
  • Exxon Mobil Corp. 1.51%
  • DTE Energy Co. 1.48%
  • Paychex, Inc. 1.31%
  • Genuine Parts Co. 1.17%

Only in SPYD

37 total
  • APA Corp 1.96%
  • LyondellBasell Industries NV 1.91%
  • Dow Inc 1.80%
  • Phillips 66 1.58%
  • Edison International 1.49%
  • Target Corp 1.40%
  • Iron Mountain Inc 1.34%
  • Archer-Daniels-Midland Co 1.32%
  • Regency Centers Corp 1.31%
  • Hasbro Inc 1.31%

Open SPHD or SPYD at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.