DON vs MDYG: Holdings Overlap
DONWisdomTree U.S. Midcap Dividend Fund
WisdomTree · 295 holdings · $4.1B · as of 2026-03-31
MDYGState Street® SPDR® S&P 400™ Mid Cap Growth ETF
State Street (SPDR) · 245 holdings · $2.9B · as of 2026-08-06
Holdings snapshots are 128 days apart (DON: 2026-03-31, MDYG: 2026-08-06). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are DON and MDYG?
WisdomTree U.S. Midcap Dividend Fund (DON, by WisdomTree) holds 295 positions; State Street® SPDR® S&P 400™ Mid Cap Growth ETF (MDYG, by State Street (SPDR)) holds 245. They have 106 holdings in common, and by portfolio weight the two funds are 22.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 22.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 106DON holds 295 · MDYG holds 245
- Weight in Shared Holdings
- DON 28%·MDYG 36%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in DON
189 of 295 positions (71.4% of the fund) are not held by MDYG. Showing the top 30 by weight.
Sector Breakdown
| Sector | DON | MDYG |
|---|---|---|
| Industrials | 17.1% | 29.8% |
| Financials | 22.3% | 8.0% |
| Information Technology | 4.2% | 20.2% |
| Health Care | 2.2% | 15.5% |
| Consumer Discretionary | 10.2% | 9.0% |
| Other Sectors | 43.7% | 17.3% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DON | +3.0% | +14.3% | +18.2% | +12.4% | +9.3% | +9.4% | 2.27% |
| MDYG | +3.3% | +21.6% | +28.0% | +16.0% | +8.5% | +11.3% | 0.56% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in DON vs MDYG →
Shared Holdings(106)
The top 10 shared positions account for 19% of the overlap, led by DTM, EWBC and LECO.
 DTMDT Midstream Inc COMMON STOCK | 0.66% | 0.52% | 0.52% |
|---|---|---|---|
 EWBCEast West Bancorp Inc COM | 0.50% | 0.49% | 0.49% |
 LECOLincoln Electric Holdings Inc. COM | 0.49% | 0.55% | 0.49% |
 WPCW. P. Carey Inc COM | 0.86% | 0.45% | 0.45% |
 LAMRLamar Advertising Company Class A | 0.45% | 0.45% | 0.45% |
 NYTNew York Times Co. (The), Class A | 0.44% | 0.56% | 0.44% |
 RGLDRoyal Gold, Inc. COM | 0.39% | 0.95% | 0.39% |
 AMAntero Midstream Corporation COM | 1.03% | 0.38% | 0.38% |
 DCIDonaldson Company Inc. | 0.38% | 0.41% | 0.38% |
 EQHEquitable Holdings Inc COM | 0.44% | 0.38% | 0.38% |
 SFStifel Financial Corporation COM | 0.36% | 0.38% | 0.36% |
 EGPEastgroup Properties, Inc. COM | 0.41% | 0.36% | 0.36% |
 CSLCarlisle Companies Incorporated | 0.37% | 0.35% | 0.35% |
 GGGGraco Inc COM | 0.35% | 0.37% | 0.35% |
 ITTITT Inc COM | 0.34% | 1.02% | 0.34% |
 TXRHTexas Roadhouse Inc COM | 0.34% | 0.73% | 0.34% |
 SCIService Corporation International COM | 0.39% | 0.33% | 0.33% |
 FLSFlowserve Corporation COM | 0.33% | 0.54% | 0.33% |
 RPMRPM International Inc. COM | 0.48% | 0.32% | 0.32% |
 MLIMueller Industries Inc. COM | 0.31% | 0.59% | 0.31% |
 CTRECaretrust Reit Inc COM | 0.31% | 0.52% | 0.31% |
 CRSCarpenter Technology Corporation COM | 0.30% | 1.48% | 0.30% |
 BWXTBWX Technologies Inc. COM | 0.29% | 0.81% | 0.29% |
 SBRASabra Health Care REIT, Inc. COM | 0.29% | 0.28% | 0.28% |
 MKSIMKS Inc. COM | 0.28% | 0.74% | 0.28% |
Frequently Asked Questions
How much do DON and MDYG overlap?
DON and MDYG overlap by 22.5% of portfolio weight. They share 106 holdings (DON holds 295 positions and MDYG holds 245), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DON and MDYG?
The two portfolios are 22.5% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of DON and MDYG?
The largest positions held by both funds are DTM, EWBC, LECO, WPC and LAMR. Together the top 10 shared positions account for 19% of the total overlap.
What does DON own that MDYG doesn't?
189 positions (71.4% of DON) are unique to DON, led by APA, VTRS and BBY. In the other direction, 139 positions (63.5% of MDYG) are unique to MDYG.