FDLvsSDY

First Trust Morningstar Dividend Leaders Index Fund or State Street SPDR S&P Dividend ETF, side by side from their own SEC filings. 22% of their stock holdings are the same at the same weight, across 35 stocks in both. SDY costs 0.35% a year against 0.43% for FDL, $8 a year less on $10,000. Over the last twelve months FDL returned +20.8% and SDY +15.0%.

22%of the two portfolios is the same stocks at the same weight
FDL40% in stocks the other holds too
SDY29% in stocks the other holds too
stocks in bothstocks only in that fundbonds, cash and unmatched shares

The two funds

From each fund's latest N-PORT filing and its prospectus.

FDLSDYYearly cost0.43%0.35%Net assets$7.3B$21.4BPositions101160Last 12 months+20.8%+15.0%3 years, a year+17.5%+10.3%5 years, a year+12.5%+7.3%Largest holdingCVX 7.4%VZ 2.1%Main sectorConsumer Defensive 24%Industrials 19%Holdings as ofJun 30, 2026Jun 30, 2026

Returns are total returns with dividends reinvested, from the funds’ own monthly figures; “(price)” marks a fund whose filing record is younger than a year, whose twelve months are its price change. The stronger figure in each row is set in bold. Past returns say what happened, not what will.

Growth of $100

Both funds from July 2019, the first month both report, dividends reinvested.

FDL$214SDY$183
July 2019June 2026

What they both hold

35 stocks are in both funds: 40% of FDL and 29% of SDY. The biggest shared positions:

Stockin FDLin SDY
VZ7.2%2.1%TGT1.4%1.5%PEP4.8%1.3%SO2.3%1.3%MDT2.3%1.3%CVX7.4%1.3%KMB1.2%1.7%NKE1.2%1.1%ED0.9%1.3%AMCR0.9%0.9%

Only in FDL

Its biggest stocks the other fund does not hold.

  1. PMPhilip Morris International6.1%
  2. PFEPfizer5.9%
  3. MOAltria4.6%
  4. BMYBristol Myers Squibb3.4%
  5. UPSUnited Parcel Service3.2%
  6. CMCSAComcast3.1%

Only in SDY

Its biggest stocks the other fund does not hold.

  1. ORealty Income2.1%
  2. KVUEKenvue1.8%
  3. ABBVAbbVie1.6%
  4. QCOMQualcomm1.6%
  5. TXNTexas Instruments1.6%
  6. ADPAutomatic Data Processing1.5%

More comparisons

FDL vs HDVDVY vs FDLFDL vs SPYDFDL vs SCHDFDL vs XLPNOBL vs SDYFVD vs SDYDGRO vs SDY

From each fund’s Form N-PORT (FDL: June 2026, SDY: June 2026) and prospectus, via the SEC’s public data sets. Overlap counts only the stocks we can match to a listing: stock by stock, the smaller of the two weights, added up.