Computed head-to-head · 6 dimensions
SPHD vs XYLD
Invesco S&P 500 High Dividend Low Volatility ETF versus Global X S&P 500 Covered Call ETF — yield, safety, growth trend, cost, scale, and tax treatment.
SPHD wins 3–1 on our six-dimension comparison, but XYLD can still be the better fit depending on your priorities — see each dimension below.
Scorecard at a glance
| Dimension | SPHD | XYLD | Winner |
|---|---|---|---|
| Yield | 4.31% | 10.61% | XYLD wins |
| Dividend safety | 6.8/10 | 5.1/10 | SPHD wins |
| Growth trend | — | — | Tie |
| Expense ratio | 30.00% | 60.00% | SPHD wins |
| Scale | $3.3B | $3.1B | Tie |
| Tax efficiency | Qualified-eligible | Ordinary income | SPHD wins |
| Overall | 3 wins | 1 wins | SPHD wins |
Dimension by dimension
XYLD wins on yield (10.61% vs 4.31%)
On a $10,000 investment that's about $630 more in annual dividend income before taxes — though higher yield often comes with higher risk.
SPHD wins on safety (6.8/10 vs 5.1/10)
Our score combines yield zone, payout ratio, trend vs 5-year average, instrument type, and size. SPHD scores better on the weighted average of those factors.
Yield-trend comparison unavailable
One or both tickers are missing 5-year average yield data.
SPHD is cheaper (30.00% vs 60.00%)
On a $10,000 position the lower expense ratio saves about $3000/year — small annually but compounds significantly over 20+ years.
Comparable scale ($3.3B vs $3.1B)
Within 1.5x of each other on market cap / AUM — similar institutional footprint.
SPHD is more tax-efficient in a taxable account
XYLD's distributions are typically taxed as ordinary income (covered call ETF, REIT, or mREIT) — versus qualified dividends from SPHD which get the lower long-term capital gains rate.
How we compare these
Every comparison on this page is computed from current public data, not written by hand. Yield comes from the most recent dividend distribution annualized over current price. Safety scores combine yield zone, payout ratio, trend vs 5-year average, instrument type, and size — see our methodology for the exact formula. Tax-efficiency flags identify covered-call ETFs, REITs, and mREITs which distribute primarily as ordinary income.
This is educational, not investment advice.Scores reflect a snapshot of public data on the "as of" dates shown on each ticker's safety page. Verify on the issuer's investor relations page or your brokerage before making decisions.
Frequently asked
Which is better, SPHD or XYLD?
SPHD wins 3–1 on our six-dimension comparison, but XYLD can still be the better fit depending on your priorities — see each dimension below.
Does SPHD or XYLD have a higher yield?
On a $10,000 investment that's about $630 more in annual dividend income before taxes — though higher yield often comes with higher risk.
Is SPHD or XYLD a safer dividend?
SPHD scores 6.8/10 (Solid) on the Infnits dividend safety scale. XYLD scores 5.1/10 (Mixed). See the safety dimension above for what drove each score.
Should I own both SPHD and XYLD?
It depends on overlap. Two ETFs in similar categories often hold many of the same companies — owning both can mean paying two expense ratios for similar exposure. Check the underlying holdings before stacking.
Already own SPHD or XYLD? See if the other adds anything.
Connect your brokerage and Infnits checks whether adding SPHD to your existing portfolio actually diversifies — or just duplicates exposure (ETF look-through included).
Check overlap with my portfolio →