SPXD vs USPX: Grades, Fees and Holdings Compared

Xtrackers S&P 500 Diversified Sector Weight ETF

SPXDBNasdaq

Franklin U.S. Equity Index ETF

USPXANYSE Arca

Overlap

45.3%by weight

Expense ratio

USPX −0.06pt a year

SPXD0.09%USPX0.03%

Avg volume · 30D

USPX 62.4×the volume

SPXD1.08KUSPX67.3K

SPXD vs USPX Performance

Oct 31, 2025 – Oct 30, 2026

+20.0%SPXD+11.2%USPX

Expense ratio: SPXD 0.09%; USPX 0.03%, better
Fund size: SPXD $7M; USPX $2.04B
1Y total return: SPXD +20.0%, better; USPX +11.2%
Yield (12M): SPXD 1.52%, better; USPX 1.04%
Holdings: SPXD 505; USPX 470
Avg volume (30D): SPXD 1.08K sh; USPX 67.3K sh, better
NAV per share: SPXD $30.00; USPX $66.00
52W range

ETF.net Grade

Pillar letters and Scores for SPXD, USPX, with each pillar’s weight
Pillar	SPXD	USPX
Cost30% weight	C47	A84Higher
Mission25% weight	A74	A98Higher
Risk15% weight	A84Higher	C41
Tradability15% weight	F24	C50Higher
Holdings10% weight	A82Higher	B61
Durability5% weight	F10	B61Higher

Rank among S&P 500 funds

How we build Categories ›

Same Category. SPXD and USPX are both graded against the same 14 S&P 500 funds, so their Grades compare head to head.

S&P 500⁠

Category · 14 funds

See all 14 ›

USPX ranks 4th and SPXD 8th of 14 funds in the S&P 500 Category.

Rank 1ASPYMState Street SPDR Portfolio S&P 500 ETFScore 82
Rank 2AIVViShares Core S&P 500 ETFScore 79
Rank 3AVOOVanguard S&P 500 ETFScore 74
Rank 4AUSPXFranklin U.S. Equity Index ETFScore 72
Rank 5ASPYState Street SPDR S&P 500 ETFScore 70
Rank 7BRSPInvesco S&P 500 Equal Weight ETFScore 63
Rank 8BSPXDXtrackers S&P 500 Diversified Sector Weight ETFScore 57
Rank 9BTOPCiShares S&P 500 3% Capped ETFScore 55

Our read on each fund

ETF.net Research

SPXDBXtrackers S&P 500 Diversified Sector Weight ETF

USPXAFranklin U.S. Equity Index ETF

In short

SPXD No data

USPX The odd one out in the S&P 500 aisle. Franklin's fund tracks a Morningstar large-cap benchmark instead, for three basis points. Same big-US-stocks job, different scorecard, and a fee that undercuts most of the peer group.

Stated mandate

SPXD No data

USPX The fund seeks to provide U.S. equity exposure through an index-based strategy.

Why people hold it

SPXD No data

USPX 0.03% a year, a fraction of the roughly 0.15% typical in its peer group and level with the fee on VOO and IVV.
Sticks close to its Morningstar US Target Market Exposure Index, one of the tighter index-following records among the S&P 500 wrappers it sits beside.
Rules-based cap-weighted US equity, roughly 190 names, no factor tilts or manager picks. Pays quarterly.
Running since 2016 and now a multi-billion-dollar fund, with Franklin Templeton behind it.

Worth knowing

SPXD No data

USPX Different index, different constituent rules. Holdings and returns can drift from the S&P 500 trackers most people compare it to.
Moderately traded rather than a volume monster like SPY, which can mean wider bid-ask spreads than the biggest names in the category.
Fewer names than the 500-stock benchmarks next door, and cap weighting keeps the largest US companies in the driver's seat.

Full SPXD profile⁠

Full USPX profile⁠

SPXD vs USPX Holdings

How SPXD and USPX differ

Overlap by weight

45.3%

Shared holdings make up 97.6% of USPX and 89.2% of SPXD.

Level by level

Holdings423 in both45.3%
Countryby domicile99.5%
Asset classEquity100%

Sector

No Sector split for SPXD.

Country, concentration and asset class

Country by domicile

Country weights in SPXD and USPX, widest gap first
Country	More in SPXDMore in USPX	SPXD	USPX
United States	USPX +0.4 points	99.0%	99.4%
Mexico	SPXD +0.3 points	0.4%	0.1%
Switzerland	Same weight	0.3%	0.3%
China	Same weight	0.1%	0.1%
Brazil	USPX +0.1 points	0.0%	0.1%
United Kingdom	SPXD +0.1 points	0.1%	0.0%
Ireland	SPXD +0.1 points	0.1%	0.0%

Concentration

Weight in the 10 largest Holdings

SPXD16.2%
USPX37.0%

Securities held

SPXD504
USPX468

Asset class

SPXD: Equity
USPX: Equity

Holdings

Only in SPXD81
In both423
Only in USPX45

Only in SPXD

81 securities, 10.1% of SPXD by weight

Moderna Inc0.94%
Avery Dennison Corp0.84%
EchoStar Corp0.73%
Godaddy Inc - Class A0.55%
Ralph Lauren Corp0.51%
Tapestry Inc0.39%
Bunge Global Ltd0.33%
Clorox0.30%
Kenvue Inc0.30%
Brown-Forman Corp0.27%
Hasbro Inc0.22%
Host Hotels & Resorts Inc0.21%
Henry Schein Inc0.19%
CoStar Group Inc0.19%
Everest Re Group0.19%
Aptiv Holdings Ltd Npv0.19%
Pentair PLC0.19%
AES Corp0.17%
MGM Resorts International0.16%
Stanley Black & Decker Inc0.14%
Viatris Inc0.14%
Baxter Intl0.14%
Allegion PLC0.12%
Paramount Skydance Corp Npv0.12%
Universal Health Services Inc0.11%
Jm Smucker Co/The0.11%
Boston Properties Inc0.11%
Casey's General Stores Inc0.10%
Healthpeak Properties Inc0.10%
Hormel Foods0.09%
Insulet Corp0.08%
Ball Corp0.08%
Wynn Resorts0.07%
C.h. Robinson Worldwide Inc0.07%
Skyworks Solutions Inc0.07%
Domino's Pizza Inc0.07%
IDEX Corp0.07%
Erie Indemnity Co0.06%
UDR Inc0.06%
Invesco S&P 500 Equal Weight0.06%
Charles River Laboratories International Inc0.06%
Fedex Freight Holding Company Inc0.06%
Camden Property Trust0.06%
Best Buy Co Inc0.05%
Mosaic Co/The0.05%
Zebra Technologies Corp0.05%
Generac Holdings Inc0.05%
CBOE Holdings0.05%
Assurant Inc0.05%
Deckers Outdoor Corp0.05%

Only in USPX

45 securities, 2.1% of USPX by weight

Space Exploration Techn-C0.41%
Snowflake Inc0.16%
Cloudflare Inc - Class A0.14%
Mercadolibre Inc0.12%
Cheniere Energy Inc0.10%
Strategy Inc0.07%
Astera Labs Inc0.06%
Sunbelt Rentals Holdings0.05%
Rocket Lab Corp0.04%
Twilio Inc - A0.04%
Roblox Corp -Class A0.04%
Mongodb Inc0.04%
Royalty Pharma Plc- Class A0.04%
Insmed Inc0.04%
Entegris Inc0.04%
Credo Technology Group Ho0.04%
Zscaler Inc0.04%
Alnylam Pharmaceuticals I0.04%
Zoom Communications Inc0.03%
Lpl Financial Holdings In0.03%
Net Current Assets0.03%
Markel Group Inc0.03%
Sofi Technologies Inc0.03%
Liberty Media Corp-C0.03%
Heico Corp-Class A0.03%
First Citizens Bcshs -Cl0.03%
Coupang Inc0.03%
Coreweave Inc-Cl A0.03%
East West Bancorp Inc0.03%
Southern Copper Corp0.03%
SS&C Technologies Holding0.03%
Burlington Stores Inc0.02%
Wp Carey Inc0.02%
Annaly Capital Management0.02%
Circle Internet Group Inc0.02%
Heico Corp0.02%
Watsco Inc0.02%
Flutter Entertainment PLC0.02%
Sun Communities Inc0.02%
Carlyle Group Inc/The0.01%
Medline Inc-Cl A0.01%
Corteva Inc0.01%
Ccp Initial Margin Jpmusd<0.01%
Liberty Media Corp-Class<0.01%
Hologic Inc- Cvr0.00%

Weight gaps

The 100 widest of 423 Holdings in both funds.

Holding weights in SPXD and USPX, widest gap first
Holding	More in SPXDMore in USPX	SPXD	USPX
NVIDIA CorpNVDA	USPX +7.09 points	0.21%	7.30%
Apple IncAAPL	USPX +6.64 points	1.07%	7.71%
Microsoft CorpMSFT	USPX +4.94 points	1.01%	5.95%
Amazon.com IncAMZN	USPX +3.07 points	0.56%	3.63%
Berkshire Hathaway Inc-CL BBRK.B	SPXD +2.52 points	4.05%	1.53%
BroadcomAVGO	USPX +2.24 points	0.09%	2.33%
Alphabet Class AGOOGL	USPX +2.09 points	0.42%	2.51%
Alphabet Class CGOOG	USPX +1.68 points	0.34%	2.02%
Lilly (Eli) & CoLLY	USPX +1.61 points	0.12%	1.73%
Abbott LaboratoriesABT	SPXD +1.57 points	1.85%	0.28%
TeslaTSLA	USPX +1.46 points	0.27%	1.73%
Meta Platform Inc Class AMETA	USPX +1.44 points	0.65%	2.09%
Advanced Micro DevAMD	USPX +1.22 points	0.04%	1.26%
Micron TechnologyMU	USPX +1.13 points	0.40%	1.53%
Procter & Gamble CoPG	SPXD +1.09 points	1.67%	0.58%
Sysco CorpSYY	SPXD +1.08 points	1.14%	0.06%
Walt Disney CoDIS	SPXD +1.06 points	1.36%	0.30%
Regeneron PharmaceuticalsREGN	SPXD +1.04 points	1.18%	0.14%
Visa Inc-Class A SharesV	USPX +1.00 points	0.08%	1.08%
American Water Works Co IncAWK	SPXD +0.94 points	0.98%	0.04%
Phillips 66PSX	SPXD +0.85 points	1.02%	0.17%
Jabil IncJBL	SPXD +0.81 points	0.85%	0.04%
JPMorgan Chase & CoJPM	USPX +0.80 points	0.57%	1.37%
Johnson & JohnsonJNJ	USPX +0.77 points	0.24%	1.01%
Costco Wholesale CorpCOST	SPXD +0.73 points	1.42%	0.69%
Mastercard Inc-Class AMA	USPX +0.72 points	0.07%	0.79%
AbbVie IncABBV	USPX +0.72 points	0.08%	0.80%
CVS Health CorpCVS	SPXD +0.71 points	0.89%	0.17%
Kinder Morgan IncKMI	SPXD +0.65 points	0.75%	0.10%
NRG Energy IncNRG	SPXD +0.56 points	0.59%	0.03%
Wal-Mart Stores IncWMT	SPXD +0.55 points	1.38%	0.83%
NIKE Inc-CL BNKE	SPXD +0.55 points	0.62%	0.07%
Constellation Brands Inc ASTZ	SPXD +0.53 points	0.56%	0.03%
Palantir Technologies Inc Class APLTR	USPX +0.53 points	0.09%	0.62%
CBRE Group IncCBRE	SPXD +0.51 points	0.57%	0.06%
Textron IncTXT	SPXD +0.50 points	0.52%	0.02%
Tractor Supply CoTSCO	SPXD +0.49 points	0.52%	0.03%
Ciena CorpCIEN	SPXD +0.49 points	0.56%	0.07%
Hartford Financial Services GroupHIG	SPXD +0.49 points	0.55%	0.06%
Darden RestaurantsDRI	SPXD +0.49 points	0.53%	0.04%
Exxonmobil Hldgs Corp NpvXOM	USPX +0.46 points	0.71%	1.17%
Colgate-PalmoliveCL	SPXD +0.46 points	0.58%	0.12%
Coca-Cola CoKO	USPX +0.45 points	0.11%	0.56%
Centene CorpCNC	SPXD +0.45 points	0.50%	0.05%
Tyson Foods Inc-CL ATSN	SPXD +0.44 points	0.46%	0.02%
General Electric CoGE	USPX +0.44 points	0.04%	0.48%
Lennar Corp-ALEN	SPXD +0.41 points	0.44%	0.03%
OneokOKE	SPXD +0.41 points	0.50%	0.09%
Starbucks CorpSBUX	SPXD +0.41 points	0.59%	0.18%
Palo Alto NetworksPANW	USPX +0.40 points	0.05%	0.45%
Comcast Corp-CL ACMCSA	SPXD +0.40 points	0.53%	0.13%
Merck & Co IncMRK	USPX +0.39 points	0.17%	0.56%
HCA Healthcare IncHCA	SPXD +0.37 points	0.47%	0.10%
Home Depot IncHD	USPX +0.36 points	0.14%	0.50%
Philip Morris International IncPM	SPXD +0.36 points	0.86%	0.50%
Kimberly-ClarkKMB	SPXD +0.36 points	0.46%	0.10%
Pfizer IncPFE	SPXD +0.35 points	0.62%	0.27%
Travelers Cos Inc/TheTRV	SPXD +0.35 points	0.47%	0.12%
Crowdstrike Holdings IncCRWD	USPX +0.35 points	0.03%	0.38%
Netflix IncNFLX	USPX +0.35 points	0.05%	0.40%
Bristol-Myers Squibb CoBMY	SPXD +0.34 points	0.54%	0.20%
Amgen IncAMGN	USPX +0.33 points	0.05%	0.38%
Archer-Daniels-Midland CoADM	SPXD +0.33 points	0.38%	0.05%
Exelon CorpEXC	SPXD +0.33 points	0.40%	0.07%
Weyerhaeuser CoWY	SPXD +0.32 points	0.34%	0.02%
FlexFLEX	SPXD +0.32 points	0.37%	0.05%
Steel Dynamics IncSTLD	SPXD +0.32 points	0.37%	0.05%
KrogerKR	SPXD +0.31 points	0.37%	0.06%
EMCOR Group IncEME	SPXD +0.31 points	0.35%	0.04%
Lam Research CorpLRCX	USPX +0.31 points	0.15%	0.46%
Bank of America CorpBAC	USPX +0.31 points	0.19%	0.50%
Gilead Sciences IncGILD	USPX +0.29 points	0.04%	0.33%
Ford Motor CoF	SPXD +0.28 points	0.35%	0.07%
Public StoragePSA	SPXD +0.27 points	0.35%	0.08%
United Continental Holdings IncUAL	SPXD +0.27 points	0.32%	0.05%
Ross Stores IncROST	SPXD +0.26 points	0.37%	0.11%
Intel CorpINTC	USPX +0.26 points	0.21%	0.47%
Equity ResidentialEQR	SPXD +0.26 points	0.27%	0.01%
Applied Materials IncAMAT	USPX +0.26 points	0.21%	0.47%
EquifaxEFX	SPXD +0.26 points	0.29%	0.03%
NXP Semiconductors NV	SPXD +0.26 points	0.35%	0.09%
McDonald's CorpMCD	SPXD +0.25 points	0.53%	0.28%
General MillsGIS	SPXD +0.25 points	0.28%	0.03%
Fiserv IncFI	SPXD +0.25 points	0.29%	0.04%
Church & DwightCHD	SPXD +0.24 points	0.28%	0.04%
Cisco Systems IncCSCO	USPX +0.24 points	0.39%	0.63%
International Business Machine CorpIBM	SPXD +0.23 points	0.61%	0.38%
General Motors CoGM	SPXD +0.23 points	0.35%	0.12%
Prudential Financial IncPRU	SPXD +0.24 points	0.30%	0.06%
Delta Air Lines IncDAL	SPXD +0.23 points	0.31%	0.08%
MetLife IncMET	SPXD +0.23 points	0.31%	0.08%
Edison InternationalEIX	SPXD +0.23 points	0.26%	0.03%
Marvell Technology Group LtdMRVL	USPX +0.23 points	0.03%	0.26%
Oracle CorpORCL	USPX +0.23 points	0.11%	0.34%
McKesson CorpMCK	SPXD +0.22 points	0.40%	0.18%
Sandisk CorpSNDK	USPX +0.23 points	0.03%	0.26%
DR Horton IncDHI	SPXD +0.22 points	0.28%	0.06%
Automatic Data ProcessADP	SPXD +0.22 points	0.40%	0.18%
VeriSign IncVRSN	SPXD +0.21 points	0.25%	0.04%
GE VernovaGEV	USPX +0.21 points	0.14%	0.35%

All 505 SPXD holdings⁠All USPX holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

SPXD vs USPX Cost

Overpaying SPXD vs USPX

$1,260

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

SPXD 0.09%
$1,898
USPX 0.03%
$638

Amount$10,000

Years30 years

Cost over time

SPXD 0.09%
USPX 0.03%
Overpaying

Year by year

Year	SPXD	USPX	Overpaying
10	$165	$55	$110
20	$646	$216	$430
30	$1,898	$638	$1,260

Expense ratio

0.09%SPXD
0.03%USPX, cheaper

USPX0.03%SPXD0.09%

0.02%0.45%

Middle half of S&P 500 funds
Median 0.09%

USPX 2nd cheapest of 14 funds

SPXD 7th cheapest of 14 funds

SPXD vs USPX Dividends

Last 12 months to Oct 30, 2026

Yield (12M): SPXD 1.52%, better; USPX 1.04%
Payout (12M): SPXD $0.46; USPX $0.69
Last payment: SPXD $0.12; USPX $0.14
Ex-dividend: SPXD Sep 18, 2026; USPX Sep 18, 2026
Paid on: SPXD Sep 25, 2026; USPX Sep 25, 2026
Frequency: SPXD Quarterly; USPX Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

SPXDQuarterly · 6 paymentsAll SPXD payments⁠

USPXQuarterly · 28 paymentsAll USPX payments⁠

SPXD vs USPX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: SPXD 10.7%since Aug 2025USPX 12.6%
Return per unit of riskSharpe ratio, 3 years: SPXD 1.37since Aug 2025USPX 1.39
Worst fallMax drawdown, 5 years: SPXD −7.5%since Jul 2025USPX −24.6%
Market sensitivityBeta, 5 years: SPXD 0.59USPX 0.93; Market = 1

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