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ETF comparison

SPHD vs VOO

Dividend vs US Large Cap.

Invesco S&P 500 High Dividend Low Volatility ETF · Vanguard S&P 500 ETF

Holdings overlap

Weighted by ISIN/CUSIP
4.7 %

48 positions appear in both funds. Buying equal dollars of SPHD and VOO would leave roughly 4.7% of each dollar exposed to the same underlying securities.

SPHD unmatched 94.9% Shared 4.7% VOO unmatched 95.0%

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.

In SPHD only
2 positions
Shared
48 positions
In VOO only
456 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
$3.17B
TTM yield
4.84%
Top-10 conc.
29.1%
VOO

Vanguard S&P 500 ETF

Vanguard · US Large Cap

91 composite / 100
Expense ratio
0.030%
Net assets
$1.73T
whole fund, 4 share classes
TTM yield
1.06%
Top-10 conc.
36.4%

Sub-score comparison

70
Cost
97
71
Tax efficiency
88
78
Liquidity
100
73
Concentration
62
—
Tracking quality
—
SPHD sub-score VOO

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

Cost difference

VOO is 27 bps cheaper than SPHD. On a $100,000 position that's about $270/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 VOO.

Top shared holdings

48 shared in total
# Holding In SPHD In VOO Overlap
1 Exxon Mobil Corp. 1.54% 0.88% 0.88%
2 Chevron Corp. 2.09% 0.48% 0.48%
3 Verizon Communications Inc. 3.47% 0.27% 0.27%
4 AT&T Inc. 2.01% 0.22% 0.22%
5 Pfizer Inc. 2.98% 0.21% 0.21%
6 Altria Group, Inc. 3.43% 0.19% 0.19%
7 Bristol-Myers Squibb Co. 2.06% 0.18% 0.18%
8 Duke Energy Corp. 1.58% 0.15% 0.15%
9 U.S. Bancorp 1.61% 0.15% 0.15%
10 Williams Cos., Inc. (The) 1.60% 0.14% 0.14%
11 Comcast Corp. 1.60% 0.14% 0.14%
12 EOG Resources, Inc. 1.98% 0.11% 0.11%

Only in SPHD

2 total
  • Campbell's Co. (The) 1.92%
  • Invesco Government & Agency Portfolio 0.24%

Only in VOO

456 total
  • NVIDIA Corp 7.51%
  • Apple Inc 6.59%
  • Microsoft Corp 4.30%
  • Amazon.com Inc 3.62%
  • Alphabet Inc 3.25%
  • Broadcom Inc 2.77%
  • Alphabet Inc 2.59%
  • Micron Technology Inc 2.02%
  • Meta Platforms Inc 1.92%
  • Tesla Inc 1.84%

Percentages are holdings overlap with the named fund.

Open SPHD or VOO 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.