HDV vs XLK: Complete Comparison
iShares Core High Dividend ETF vs Technology Select Sector SPDR Fund โ overlap, correlation, performance & risk analysis
Visual Overlap
Price Performance
Historical price comparison over 3M
๐Performance Comparison
โ ๏ธRisk Metrics
Interpretation:
- ๐ Lower volatility = smoother ride
- โก Higher Sharpe/Sortino = better risk-adjusted returns
- โ ๏ธ Smaller max drawdown = less worst-case pain
- ๐ Beta > 1 = more volatile than S&P 500
โ๏ธHead-to-Head Comparison
๐ HDV wins this comparison
Key Factors
โถAdditional Metrics (5)
Bottom line: HDV wins with better expense ratio and number of holdings. Consider HDV for your portfolio, but XLK is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
2 shared holdings representing 4.0% portfolio overlap
Top Shared Holdings
| # | Stock | HDV Weight | XLK Weight | Overlap |
|---|---|---|---|---|
| 1 | CSCO CSCO | 3.83% | 2.60% | 2.60% |
| 2 | TXN TXN | 2.41% | 1.36% | 1.36% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in HDV
Unique to HDV
| Symbol | Name | Weight |
|---|---|---|
| XOM | XOM | 8.90% |
| JNJ | JNJ | 7.09% |
| CVX | CVX | 6.26% |
| ABBV | ABBV | 6.16% |
| MRK | MRK | 4.64% |
Top Holdings Only in XLK
Unique to XLK
| Symbol | Name | Weight |
|---|---|---|
| NVDA | NVDA | 14.84% |
| AAPL | AAPL | 13.10% |
| MSFT | MSFT | 11.75% |
| AVGO | AVGO | 5.36% |
| PLTR | PLTR | 3.75% |
Price Correlation
How We Calculate Overlap
We use the minimum weight method with normalization to calculate portfolio overlap:
Overlap = ฮฃ min(weightA, weightB) for each shared holdingNormalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).
Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.
๐ This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.
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