ETF comparison
FDL vs SDY
Both Dividend.
First Trust Morningstar Dividend Leaders Index Fund · State Street SPDR S&P Dividend ETF
Holdings overlap
35 positions appear in both funds. Buying equal dollars of FDL and SDY would leave roughly 22.1% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
SDY is 8 bps cheaper than FDL. On a $100,000 position that's about $80/yr more in fees for FDL.
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 FDL vs SDY.
Top shared holdings
35 shared in total| # | Holding | In FDL | In SDY | Overlap |
|---|---|---|---|---|
| 1 | VERIZON COMMUNICATIONS INC | 7.17% | 2.14% | 2.14% |
| 2 | TARGET CORP | 1.41% | 1.55% | 1.41% |
| 3 | PEPSICO INC | 4.84% | 1.33% | 1.33% |
| 4 | SOUTHERN COMPANY (THE) | 2.32% | 1.33% | 1.33% |
| 5 | MEDTRONIC PLC | 2.28% | 1.30% | 1.30% |
| 6 | CHEVRON CORP | 7.43% | 1.27% | 1.27% |
| 7 | KIMBERLY CLARK CORP | 1.23% | 1.75% | 1.23% |
| 8 | NIKE INC | 1.17% | 1.14% | 1.14% |
| 9 | CONSOLIDATED EDISON INC | 0.89% | 1.33% | 0.89% |
| 10 | AMCOR PLC | 0.89% | 0.93% | 0.89% |
| 11 | EDISON INTERNATIONAL | 0.88% | 1.45% | 0.88% |
| 12 | ACCENTURE PLC | 1.84% | 0.87% | 0.87% |
Only in FDL
66 total- PHILIP MORRIS INTERNATIONAL INC 6.06%
- PFIZER INC 5.91%
- ALTRIA GROUP INC 4.64%
- BRISTOL-MYERS SQUIBB COMPANY 3.43%
- UNITED PARCEL SERVICE INC 3.15%
- COMCAST CORP 3.13%
- BLACKSTONE INC 2.31%
- US BANCORP 2.27%
- DUKE ENERGY CORP 2.21%
- TRUIST FINANCIAL CORP 1.70%
Only in SDY
120 total- Realty Income Corp 2.14%
- Kenvue Inc 1.75%
- AbbVie Inc 1.62%
- QUALCOMM Inc 1.57%
- Texas Instruments Inc 1.55%
- Automatic Data Processing Inc 1.54%
- Sysco Corp 1.41%
- Microchip Technology Inc 1.32%
- Archer-Daniels-Midland Co 1.30%
- International Business Machines Corp 1.27%
Related comparisons
More comparisons with FDL
- FDL vs FDVV · Fidelity High Dividend ETF 20.5%
- FDL vs VYM · Vanguard High Dividend Yield Index Fund ETF Shares 15.2%
- FDL vs FVD · First Trust Value Line Dividend Index Fund 14.9%
- FDL vs DTD · WisdomTree U.S. Total Dividend Fund 14.6%
- FDL vs DLN · WisdomTree U.S. LargeCap Dividend Fund 14.1%
- FDL vs NOBL · ProShares S&P 500 Dividend Aristocrats ETF 12.7%
More comparisons with SDY
- SDY vs SCHD · Schwab U.S. Dividend Equity ETF 21.2%
- SDY vs SPYD · State Street SPDR Portfolio S&P 500 High Dividend ETF 20.4%
- SDY vs DGRW · WisdomTree U.S. Quality Dividend Growth Fund 20.3%
- SDY vs IWD · iShares Russell 1000 Value ETF 20.2%
- SDY vs HDV · iShares Core High Dividend ETF 19.9%
- SDY vs FDVV · Fidelity High Dividend ETF 17.8%
Percentages are holdings overlap with the named fund.
Open FDL or SDY 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.