FDL vs VHT: Holdings Overlap
FDLFirst Trust Morningstar Dividend Leaders Index Fund
First Trust · 86 holdings · $7.8B · as of 2026-03-31
VHTVanguard Health Care Index Fund
Vanguard · 402 holdings · $18.3B · as of 2026-05-31
Holdings snapshots are 61 days apart (FDL: 2026-03-31, VHT: 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 FDL and VHT?
First Trust Morningstar Dividend Leaders Index Fund (FDL, by First Trust) holds 86 positions; Vanguard Health Care Index Fund (VHT, by Vanguard) holds 402. They have 4 holdings in common, and by portfolio weight the two funds are 10.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 4FDL holds 86 · VHT holds 402
- Weight in Shared Holdings
- FDL 17%·VHT 11%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 FDL
82 of 86 positions (82.6% of the fund) are not held by VHT. Showing the top 30 by weight.
Sector Breakdown
| Sector | FDL | VHT |
|---|---|---|
| Health Care | 17.2% | 99.8% |
| Energy | 28.9% | 0.0% |
| Consumer Staples | 14.1% | 0.0% |
| Financials | 13.8% | 0.0% |
| Communication Services | 11.0% | 0.0% |
| Other Sectors | 14.9% | 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 |
|---|---|---|---|---|---|---|---|
| FDL | +3.6% | +19.1% | +27.6% | +18.9% | +14.1% | +11.1% | 3.56% |
| VHT | +0.6% | +9.2% | +32.8% | +10.0% | +5.4% | +10.2% | 1.51% |
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 FDL vs VHT →
Shared Holdings(4)
The top 4 shared positions account for 100% of the overlap, led by MRK, PFE and BMY.
Frequently Asked Questions
How much do FDL and VHT overlap?
FDL and VHT overlap by 10.7% of portfolio weight. They share 4 holdings (FDL holds 86 positions and VHT holds 402), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FDL and VHT?
The two portfolios are 10.7% 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 FDL and VHT?
The largest positions held by both funds are MRK, PFE, BMY and CVS. Together the top 4 shared positions account for 100% of the total overlap.
What does FDL own that VHT doesn't?
82 positions (82.6% of FDL) are unique to FDL, led by XOM, CVX and VZ. In the other direction, 398 positions (89.1% of VHT) are unique to VHT.