SPYD vs XLB overlap - what they share and where they differ
SPYD and XLB share 6.0% of their weight across 5 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 XLB
6.0%
5 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
XLB
State Street(R) Materials Select Sector SPDR(R) ETF
Reported positions cover 100% of the fund, 26 positions · Jun 30, 2026
Top 10: 58.4%·Holdings of XLB
Reported positions cover SPYD 99%, XLB 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
XLB 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
93.3% of its weight is in 73 names XLB does not hold
XLBState Street(R) Materials Select Sector SPDR(R) ETF
26
stock positions reported to the SEC
86.8% of its weight is in 21 names SPYD does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Basic Materials: XLB has 77.1 points more of it.
The figures side by side
| SPYD | XLB | |
|---|---|---|
| Filing date | Jun 30, 2026 | Jun 30, 2026 |
| Stock positions reported | 78 | 26 |
| Weight of the ten largest | 15.0% | 58.4% |
| Largest position | IRM 1.6% | LIN 14.1% |
| Held alone | 73 positions, 93.3% | 21 positions, 86.8% |
| Covered by stock positions | 99% | 100% |
Holdings they share
| Stock | In SPYD | In XLB | Counted |
|---|---|---|---|
| SWSmurfit Westrock PLC | 1.32% | 3.25% | 1.32% |
| AMCRAmcor PLC | 1.22% | 2.68% | 1.22% |
| LYBLyondellBasell Industries NV | 1.21% | 1.82% | 1.21% |
| DOWDow Inc | 1.15% | 2.64% | 1.15% |
| IPInternational Paper Co | 1.06% | 2.70% | 1.06% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in SPYD
Only in XLB
Questions people ask
Is SPYD the same as XLB?
6.0% of their weight sits in the same 5 holdings. SPYD also reports IRM, FRANKLIN RESOURCES INC, CVS, which the other does not. XLB also reports LIN, NEM, FCX, which the other does not.
How is the overlap between SPYD and XLB 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 XLB, so the number cannot exceed the smaller coverage.
Which holds more, XLB or SPYD?
SPYD reports 78 stock positions and XLB reports 26. 93.3% of SPYD's weight sits in names XLB does not hold, and 86.8% of XLB's weight in names SPYD does not hold. The ten largest positions are 15.0% of SPYD and 58.4% of XLB.
How do SPYD and XLB differ by sector?
The widest gap is Basic Materials: XLB has 77.1 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.
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.