DON vs XMHQ: Holdings Overlap
DONWisdomTree U.S. Midcap Dividend Fund
WisdomTree · 295 holdings · $4.1B · as of 2026-03-31
XMHQInvesco S&P MidCap Quality ETF
Invesco · 80 holdings · $5.5B · as of 2026-04-30
Holdings snapshots are 30 days apart (DON: 2026-03-31, XMHQ: 2026-04-30). 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 XMHQ?
WisdomTree U.S. Midcap Dividend Fund (DON, by WisdomTree) holds 295 positions; Invesco S&P MidCap Quality ETF (XMHQ, by Invesco) holds 80. They have 36 holdings in common, and by portfolio weight the two funds are 10.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 36DON holds 295 · XMHQ holds 80
- Weight in Shared Holdings
- DON 11%·XMHQ 44%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
259 of 295 positions (88.7% of the fund) are not held by XMHQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | DON | XMHQ |
|---|---|---|
| Industrials | 17.1% | 28.5% |
| Financials | 22.3% | 15.1% |
| Health Care | 2.2% | 19.7% |
| Consumer Discretionary | 10.2% | 9.5% |
| Real Estate | 9.8% | 0.0% |
| Other Sectors | 38.2% | 27.1% |
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% |
| XMHQ | +4.3% | +16.0% | +18.7% | +14.6% | +10.6% | +13.0% | 0.55% |
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 XMHQ →
Shared Holdings(36)
The top 10 shared positions account for 47% of the overlap, led by AFG, AM and LECO.
 AFGAmerican Financial Group, Inc. COM | 0.95% | 1.13% | 0.95% |
|---|---|---|---|
 AMAntero Midstream Corporation COM | 1.03% | 0.85% | 0.85% |
 LECOLincoln Electric Holdings Inc. COM | 0.49% | 1.99% | 0.49% |
 AAAlcoa Corporation COM | 0.46% | 1.94% | 0.46% |
 MSMMSC Industrial Direct Co., Inc., Class A | 0.41% | 0.61% | 0.41% |
 INGRIngredion Incorporated COM | 0.40% | 1.05% | 0.40% |
 RGLDRoyal Gold, Inc. COM | 0.39% | 2.38% | 0.39% |
 TTCThe Toro Company COM | 0.38% | 1.20% | 0.38% |
 DCIDonaldson Co Inc COM | 0.38% | 1.30% | 0.38% |
 CSLCarlisle Companies Inc. COM | 0.37% | 2.74% | 0.37% |
 GGGGraco Inc COM | 0.35% | 1.52% | 0.35% |
 CCKCrown Holdings Inc COM | 0.35% | 1.41% | 0.35% |
 TXRHTexas Roadhouse Inc COM | 0.34% | 1.48% | 0.34% |
 RLIRLI Corp COM | 0.34% | 0.66% | 0.34% |
 CRSCarpenter Technology Corporation COM | 0.30% | 2.72% | 0.30% |
 BWXTBWX Technologies Inc. COM | 0.29% | 2.35% | 0.29% |
 LSTRLandstar System Inc. COM | 0.29% | 0.72% | 0.29% |
 MTGMGIC Investment Corp. COM | 0.29% | 0.71% | 0.29% |
 THGThe Hanover Insurance Group, Inc. COM | 0.28% | 0.87% | 0.28% |
 HLIHoulihan Lokey Inc. CL A | 0.28% | 1.14% | 0.28% |
 EVREvercore Inc., Class A | 0.27% | 1.80% | 0.27% |
 ACMAECOM COM | 0.27% | 1.47% | 0.27% |
 PRIPrimerica, Inc. COM | 0.21% | 1.40% | 0.21% |
 MZTIMarzetti Co. (The) | 0.20% | 0.31% | 0.20% |
 BYDBoyd Gaming Corporation COM | 0.19% | 1.13% | 0.19% |
Frequently Asked Questions
How much do DON and XMHQ overlap?
DON and XMHQ overlap by 10.9% of portfolio weight. They share 36 holdings (DON holds 295 positions and XMHQ holds 80), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DON and XMHQ?
The two portfolios are 10.9% 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 XMHQ?
The largest positions held by both funds are AFG, AM, LECO, AA and MSM. Together the top 10 shared positions account for 47% of the total overlap.
What does DON own that XMHQ doesn't?
259 positions (88.7% of DON) are unique to DON, led by APA, VTRS and BBY. In the other direction, 44 positions (56.1% of XMHQ) are unique to XMHQ.