FVD vs XMMO: Holdings Overlap
FVDFirst Trust Value Line Dividend Index Fund
First Trust · 236 holdings · $8.4B · as of 2026-03-31
XMMOInvesco S&P MidCap Momentum ETF
Invesco · 76 holdings · $7.2B · as of 2026-04-30
Holdings snapshots are 30 days apart (FVD: 2026-03-31, XMMO: 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 XMMO?
First Trust Value Line Dividend Index Fund (FVD, by First Trust) holds 236 positions; Invesco S&P MidCap Momentum ETF (XMMO, by Invesco) holds 76. They have 9 holdings in common, and by portfolio weight the two funds are 3.8% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 9FVD holds 236 · XMMO holds 76
- Weight in Shared Holdings
- FVD 4%·XMMO 7%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
227 of 236 positions (95.9% of the fund) are not held by XMMO. Showing the top 30 by weight.
Sector Breakdown
| Sector | FVD | XMMO |
|---|---|---|
| Industrials | 15.1% | 40.3% |
| Utilities | 18.9% | 6.4% |
| Financials | 18.5% | 3.8% |
| Information Technology | 4.6% | 15.0% |
| Consumer Staples | 10.4% | 0.5% |
| Other Sectors | 27.6% | 33.6% |
| 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 XMMO).
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% |
| XMMO | +1.1% | +17.4% | +26.1% | +25.9% | +14.3% | +18.6% | 0.60% |
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 XMMO →
Shared Holdings(9)
The top 9 shared positions account for 100% of the overlap, led by IDA, POR and BKH.
 IDAIdacorp Inc COM | 0.44% | 0.71% | 0.44% |
|---|---|---|---|
 PORPortland General Electric Company COM NEW | 0.43% | 0.53% | 0.43% |
 BKHBlack Hills Corporation COM | 0.43% | 0.53% | 0.43% |
 NFGNational Fuel Gas Company COM | 0.42% | 0.59% | 0.42% |
 WPCW. P. Carey Inc COM | 0.42% | 1.60% | 0.42% |
 SRSpire Inc COM | 0.42% | 0.46% | 0.42% |
 TXNMTXNM Energy Inc. COM | 0.42% | 0.51% | 0.42% |
 DCIDonaldson Co Inc COM | 0.42% | 1.07% | 0.42% |
 LECOLincoln Electric Holdings Inc. COM | 0.41% | 1.09% | 0.41% |
Frequently Asked Questions
How much do FVD and XMMO overlap?
FVD and XMMO overlap by 3.8% of portfolio weight. They share 9 holdings (FVD holds 236 positions and XMMO holds 76), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FVD and XMMO?
The two portfolios are 3.8% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of FVD and XMMO?
The largest positions held by both funds are IDA, POR, BKH, NFG and WPC. Together the top 9 shared positions account for 100% of the total overlap.
What does FVD own that XMMO doesn't?
227 positions (95.9% of FVD) are unique to FVD, led by ETR, RIO and SNY. In the other direction, 67 positions (92.5% of XMMO) are unique to XMMO.