FVD vs VIG: Holdings Overlap
FVDFirst Trust Value Line Dividend Index Fund
First Trust · 236 holdings · $8.4B · as of 2026-03-31
VIGVanguard Dividend Appreciation Index Fund
Vanguard · 332 holdings · $113.6B · as of 2026-04-30
Holdings snapshots are 30 days apart (FVD: 2026-03-31, VIG: 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 FVD and VIG?
First Trust Value Line Dividend Index Fund (FVD, by First Trust) holds 236 positions; Vanguard Dividend Appreciation Index Fund (VIG, by Vanguard) holds 332. They have 115 holdings in common, and by portfolio weight the two funds are 25.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 25.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 115FVD holds 236 · VIG holds 332
- Weight in Shared Holdings
- FVD 49%·VIG 47%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 FVD
121 of 236 positions (51.2% of the fund) are not held by VIG. Showing the top 30 by weight.
Sector Breakdown
| Sector | FVD | VIG |
|---|---|---|
| Information Technology | 4.6% | 25.5% |
| Financials | 18.5% | 20.5% |
| Utilities | 18.9% | 3.2% |
| Health Care | 6.4% | 16.4% |
| Industrials | 15.1% | 12.1% |
| Other Sectors | 31.6% | 21.7% |
| Unclassified | 4.7% | 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. “Unclassified” is weight we could not classify (5% of FVD, 0% of VIG).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FVD | +2.8% | +11.6% | +14.7% | +10.6% | +6.9% | +8.8% | 2.20% |
| VIG | +2.7% | +12.5% | +21.0% | +16.3% | +10.9% | +13.2% | 1.46% |
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 FVD vs VIG →
Shared Holdings(115)
The top 10 shared positions account for 17% of the overlap, led by ABBV, XOM and MRK.
 ABBVAbbVie Inc. COM | 0.44% | 1.68% | 0.44% |
|---|---|---|---|
 XOMExxon Mobil Corp. COM | 0.44% | 2.90% | 0.44% |
 MRKMerck & Co., Inc COM | 0.44% | 1.22% | 0.44% |
 JNJJohnson & Johnson COM | 0.43% | 2.49% | 0.43% |
 LINLinde PLC COM EUR0.001 | 0.43% | 1.05% | 0.43% |
 NEENextEra Energy Inc COM | 0.43% | 0.92% | 0.43% |
 PEPPepsico Inc COM | 0.43% | 0.98% | 0.43% |
 BACBank of America Corp. COM | 0.43% | 1.57% | 0.43% |
 GSGoldman Sachs Group, Inc. (The) | 0.43% | 1.19% | 0.43% |
 UNPUnion Pacific Corporation COM | 0.43% | 0.72% | 0.43% |
 JPMJPMorgan Chase & Co. COM | 0.43% | 3.59% | 0.43% |
 GILDGilead Sciences Inc. COM | 0.43% | 0.73% | 0.43% |
 HONHoneywell International Inc. COM | 0.42% | 0.61% | 0.42% |
 KOCoca-Cola Co (The) COM | 0.42% | 1.37% | 0.42% |
 LOWLowes Companies, Inc. COM | 0.42% | 0.60% | 0.42% |
 MCDMcDonald's Corp. COM | 0.42% | 0.94% | 0.42% |
 AMGNAmgen Inc. COM | 0.42% | 0.84% | 0.42% |
 PGThe Procter & Gamble Co. COM | 0.42% | 1.54% | 0.42% |
 MSMorgan Stanley COM NEW | 0.42% | 1.03% | 0.42% |
 AEXChubb Ltd. Switzerland ORD CHF24.15 | 0.42% | 0.54% | 0.42% |
 ETNEaton Corporation PLC COM USD0.01 | 0.42% | 0.76% | 0.42% |
 MDTMedtronic PLC USD0.0001 | 0.42% | 0.47% | 0.42% |
 HDHome Depot, Inc. (The) | 0.42% | 1.47% | 0.42% |
 BNYThe Bank of New York Mellon Corp. COM | 0.43% | 0.42% | 0.42% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 0.42% | 0.50% | 0.42% |
Frequently Asked Questions
How much do FVD and VIG overlap?
FVD and VIG overlap by 25.4% of portfolio weight. They share 115 holdings (FVD holds 236 positions and VIG holds 332), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FVD and VIG?
The two portfolios are 25.4% 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 FVD and VIG?
The largest positions held by both funds are ABBV, XOM, MRK, JNJ and LIN. Together the top 10 shared positions account for 17% of the total overlap.
What does FVD own that VIG doesn't?
121 positions (51.2% of FVD) are unique to FVD, led by RIO, SNY and AMX. In the other direction, 217 positions (52.0% of VIG) are unique to VIG.