DVY vs VAW: Holdings Overlap
DVYiShares Select Dividend ETF
iShares · 100 holdings · $23.8B · as of 2026-04-30
VAWVanguard Materials Index Fund
Vanguard · 110 holdings · $3.0B · as of 2026-05-31
Holdings snapshots are 31 days apart (DVY: 2026-04-30, VAW: 2026-05-31). 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 DVY and VAW?
iShares Select Dividend ETF (DVY, by iShares) holds 100 positions; Vanguard Materials Index Fund (VAW, by Vanguard) holds 110. They have 7 holdings in common, and by portfolio weight the two funds are 4.9% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 7DVY holds 100 · VAW holds 110
- Weight in Shared Holdings
- DVY 6%·VAW 6%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 DVY
93 of 100 positions (94.0% of the fund) are not held by VAW. Showing the top 30 by weight.
Sector Breakdown
| Sector | DVY | VAW |
|---|---|---|
| Materials | 5.7% | 99.5% |
| Financials | 24.9% | 0.0% |
| Utilities | 24.2% | 0.0% |
| Consumer Staples | 13.5% | 0.0% |
| Energy | 9.0% | 0.3% |
| Other Sectors | 22.4% | 0.0% |
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 |
|---|---|---|---|---|---|---|---|
| DVY | +1.3% | +16.5% | +23.7% | +16.0% | +10.6% | +10.3% | 3.25% |
| VAW | +3.2% | +14.7% | +20.8% | +10.3% | +7.0% | +10.1% | 1.34% |
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 DVY vs VAW →
Shared Holdings(7)
The top 7 shared positions account for 100% of the overlap, led by LYB, SW and IP.
 LYBLyondellBasell Industries NV COM EUR0.04 CLASS 'A' | 1.53% | 1.10% | 1.10% |
|---|---|---|---|
 SWSmurfit WestRock plc COM USD0.001 | 1.08% | 1.38% | 1.08% |
 IPInternational Paper Co. COM | 0.97% | 1.08% | 0.97% |
 PKGPackaging Corporation of America COM | 0.66% | 1.26% | 0.66% |
 EMNEastman Chemical Company COM | 0.78% | 0.56% | 0.56% |
 SONSonoco Products Company COM | 0.44% | 0.31% | 0.31% |
 GPKGraphic Packaging Holding Company COM | 0.28% | 0.21% | 0.21% |
Frequently Asked Questions
How much do DVY and VAW overlap?
DVY and VAW overlap by 4.9% of portfolio weight. They share 7 holdings (DVY holds 100 positions and VAW holds 110), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DVY and VAW?
The two portfolios are 4.9% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of DVY and VAW?
The largest positions held by both funds are LYB, SW, IP, PKG and EMN. Together the top 7 shared positions account for 100% of the total overlap.
What does DVY own that VAW doesn't?
93 positions (94.0% of DVY) are unique to DVY, led by MO, PFE and TROW. In the other direction, 103 positions (93.9% of VAW) are unique to VAW.