SPYD vs USRT overlap - what they share and where they differ

SPYD and USRT share 20.5% of their weight across 18 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

SPYD and USRT

20.5%

18 shared positions

SPYD

State Street(R) SPDR(R) Portfolio S&P 500(R) High Dividend ETF

Reported positions cover 99% of the fund, 78 positions · Jun 30, 2026

Top 10: 15.0%·Holdings of SPYD

USRT

iShares Core U.S. REIT ETF

Reported positions cover 100% of the fund, 127 positions · Apr 30, 2026

Top 10: 48.7%·Holdings of USRT

Reported positions cover SPYD 99%, USRT 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

USRT vs SPYD side by side

SPYDState Street(R) SPDR(R) Portfolio S&P 500(R) High Dividend ETF

78

stock positions reported to the SEC

75.8% of its weight is in 60 names USRT does not hold

USRTiShares Core U.S. REIT ETF

127

stock positions reported to the SEC

66.6% of its weight is in 109 names SPYD does not hold

Where each fund's weight sits

SPYD
USRT
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Real Estate
25.9%
89.4%
Utilities
13.2%
2.2%
Consumer Cyclical
11.5%
0.5%
Financial Services
8.6%
0.0%
Healthcare
7.6%
0.0%

The widest gap is Real Estate: USRT has 63.5 points more of it.

The figures side by side

SPYDUSRT
Filing dateJun 30, 2026Apr 30, 2026
Stock positions reported78127
Weight of the ten largest15.0%48.7%
Largest positionIRM 1.6%WELL 8.3%
Held alone60 positions, 75.8%109 positions, 66.6%
Covered by stock positions99%100%

Holdings they share

StockIn SPYDIn USRTCounted
SPGSimon Property Group Inc1.44%4.40%1.44%
KIMKimco Realty Corp1.45%1.36%1.36%
ESSEssex Property Trust Inc1.35%1.45%1.35%
EQUITY RESIDENTIAL1.32%2.13%1.32%
PSAPublic Storage1.32%3.96%1.32%
INVHInvitation Homes Inc1.31%1.52%1.31%
HSTHost Hotels & Resorts Inc1.52%1.25%1.25%
MAAMid-America Apartment Communities Inc1.23%1.30%1.23%
REGRegency Centers Corp1.34%1.21%1.21%
ORealty Income Corp1.20%4.18%1.20%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in SPYD

IRMIron Mountain Inc1.61%
FRANKLIN RESOURCES INC1.56%
CVSCVS Health Corp1.52%
APAAPA Corp1.47%
EIXEdison International1.47%
TGTTarget Corp1.47%
VTRSViatris Inc1.45%
EOGEOG Resources Inc1.43%
PSXPhillips 661.43%
MOAltria Group Inc1.41%

Only in USRT

WELLWELLTOWER INC8.31%
PLDPROLOGIS INC7.52%
EQIXEQUINIX INC6.44%
DLRDIGITAL REALTY TRUST INC4.46%
VTRVENTAS INC3.55%
IRON MOUNTAIN INC (REIT)3.19%
AWXAVALONBAY COMMUNITIES INC2.24%
WP CAREY INC1.36%
SUISUN COMMUNITIES INC1.35%
OHIOMEGA HEALTHCARE INVESTORS INC1.19%

Questions people ask

Is SPYD the same as USRT?

20.5% of their weight sits in the same 18 holdings. SPYD also reports IRM, FRANKLIN RESOURCES INC, CVS, which the other does not. USRT also reports WELL, PLD, EQIX, which the other does not.

How is the overlap between SPYD and USRT measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 99% of SPYD and 100% of USRT, so the number cannot exceed the smaller coverage.

Which holds more, USRT or SPYD?

SPYD reports 78 stock positions and USRT reports 127. 75.8% of SPYD's weight sits in names USRT does not hold, and 66.6% of USRT's weight in names SPYD does not hold. The ten largest positions are 15.0% of SPYD and 48.7% of USRT.

How do SPYD and USRT differ by sector?

The widest gap is Real Estate: USRT has 63.5 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

Other pairs with these funds

USRT against other funds in the table

Add a third fund in the tool·All fund pairs

Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.