MDYG vs VTWO: Holdings Overlap
MDYGState Street® SPDR® S&P 400™ Mid Cap Growth ETF
State Street (SPDR) · 245 holdings · $2.9B · as of 2026-08-06
VTWOVanguard Russell 2000 Index Fund
Vanguard · 1952 holdings · $17.4B · as of 2026-05-31
Holdings snapshots are 67 days apart (MDYG: 2026-08-06, VTWO: 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 MDYG and VTWO?
State Street® SPDR® S&P 400™ Mid Cap Growth ETF (MDYG, by State Street (SPDR)) holds 245 positions; Vanguard Russell 2000 Index Fund (VTWO, by Vanguard) holds 1952. They have 63 holdings in common, and by portfolio weight the two funds are 15.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 15.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 63MDYG holds 245 · VTWO holds 1952
- Weight in Shared Holdings
- MDYG 23%·VTWO 15%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 MDYG
182 of 245 positions (77.2% of the fund) are not held by VTWO. Showing the top 30 by weight.
Only in VTWO
1889 of 1952 positions (84.2% of the fund) are not held by MDYG. Showing the top 30 by weight.
Sector Breakdown
| Sector | MDYG | VTWO |
|---|---|---|
| Industrials | 29.8% | 19.4% |
| Information Technology | 20.2% | 17.8% |
| Health Care | 15.5% | 15.5% |
| Financials | 8.0% | 14.3% |
| Consumer Discretionary | 9.0% | 7.3% |
| Other Sectors | 17.3% | 20.8% |
| Unclassified | 0.0% | 4.8% |
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 (0% of MDYG, 5% of VTWO).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| MDYG | +3.3% | +21.6% | +28.0% | +16.0% | +8.5% | +11.3% | 0.56% |
| VTWO | +1.8% | +23.1% | +38.8% | +17.3% | +7.7% | +11.0% | 1.07% |
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 MDYG vs VTWO →
Shared Holdings(63)
The top 10 shared positions account for 35% of the overlap, led by STRL, FN and CDE.
 STRLSterling Infrastructure Inc COM | 0.88% | 0.75% | 0.75% |
|---|---|---|---|
 FNFabrinet COM USD0.01 | 1.04% | 0.69% | 0.69% |
 CDECoeur Mining Inc COM NEW | 0.86% | 0.58% | 0.58% |
 TTMITTM Technologies Inc COM | 0.76% | 0.52% | 0.52% |
 NXTNextpower Inc. CLASS A COM | 0.51% | 0.67% | 0.51% |
 SITMSitime Corporation COM | 0.81% | 0.47% | 0.47% |
 RMBSRambus Inc. COM | 0.56% | 0.46% | 0.46% |
 DYDycom Industries, Inc. COM | 0.64% | 0.44% | 0.44% |
 SMTCSemtech Corporation COM | 0.47% | 0.42% | 0.42% |
 SANMSanmina Corporation | 0.59% | 0.41% | 0.41% |
 DOCNDigitalOcean Holdings Inc COM | 0.53% | 0.35% | 0.35% |
 KTOSKratos Defense & Security Solutions, Inc. COM NEW | 0.57% | 0.34% | 0.34% |
 AEISAdvanced Energy Industries, Inc. COM | 0.66% | 0.33% | 0.33% |
 HLHecla Mining Company COM | 0.57% | 0.33% | 0.33% |
 VIAVViavi Solutions Inc COM | 0.51% | 0.33% | 0.33% |
 ARWRArrowhead Pharmaceuticals Inc COM | 0.64% | 0.31% | 0.31% |
 SPXCSPX Technologies, Inc. COM | 0.57% | 0.31% | 0.31% |
 MOG-AMoog, Inc., Class A | 0.62% | 0.30% | 0.30% |
 CYTKCytokinetics Incorporated | 0.32% | 0.29% | 0.29% |
 ENSGEnsign Group, Inc. (The) | 0.56% | 0.28% | 0.28% |
 CTRECaretrust Reit Inc COM | 0.52% | 0.27% | 0.27% |
 AHRAmerican Healthcare REIT Inc. COM SHS | 0.34% | 0.26% | 0.26% |
 FCFSFirstcash Holdings Inc COM | 0.42% | 0.26% | 0.26% |
 WTSWatts Water Technologies, Inc., Class A | 0.55% | 0.25% | 0.25% |
 ENSEnerSys COM | 0.37% | 0.25% | 0.25% |
Frequently Asked Questions
How much do MDYG and VTWO overlap?
MDYG and VTWO overlap by 15.0% of portfolio weight. They share 63 holdings (MDYG holds 245 positions and VTWO holds 1952), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MDYG and VTWO?
The two portfolios are 15.0% 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 MDYG and VTWO?
The largest positions held by both funds are STRL, FN, CDE, TTMI and NXT. Together the top 10 shared positions account for 35% of the total overlap.
What does MDYG own that VTWO doesn't?
182 positions (77.2% of MDYG) are unique to MDYG, led by ATI, TWLO and FTI. In the other direction, 1889 positions (84.2% of VTWO) are unique to VTWO.