MDYV vs VAW: Holdings Overlap
MDYVState Street® SPDR® S&P 400™ Mid Cap Value ETF
State Street (SPDR) · 297 holdings · $2.9B · as of 2026-08-06
VAWVanguard Materials Index Fund
Vanguard · 110 holdings · $3.0B · as of 2026-05-31
Holdings snapshots are 67 days apart (MDYV: 2026-08-06, 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 MDYV and VAW?
State Street® SPDR® S&P 400™ Mid Cap Value ETF (MDYV, by State Street (SPDR)) holds 297 positions; Vanguard Materials Index Fund (VAW, by Vanguard) holds 110. They have 23 holdings in common, and by portfolio weight the two funds are 7.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 23MDYV holds 297 · VAW holds 110
- Weight in Shared Holdings
- MDYV 8%·VAW 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 MDYV
274 of 297 positions (91.9% of the fund) are not held by VAW. Showing the top 30 by weight.
Sector Breakdown
| Sector | MDYV | VAW |
|---|---|---|
| Materials | 7.9% | 99.5% |
| Financials | 23.4% | 0.0% |
| Industrials | 18.7% | 0.0% |
| Consumer Discretionary | 12.5% | 0.0% |
| Information Technology | 8.3% | 0.0% |
| Other Sectors | 29.1% | 0.3% |
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 |
|---|---|---|---|---|---|---|---|
| MDYV | +3.1% | +15.2% | +23.9% | +12.9% | +9.2% | +10.6% | 1.64% |
| 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 MDYV vs VAW →
Shared Holdings(23)
The top 10 shared positions account for 70% of the overlap, led by RS, AA and CCK.
 RSReliance Inc COM | 1.21% | 1.28% | 1.21% |
|---|---|---|---|
 AAAlcoa Corporation COM | 0.71% | 1.29% | 0.71% |
 CCKCrown Holdings Inc COM | 0.76% | 0.70% | 0.70% |
 RPMRPM International Inc. COM | 0.49% | 0.87% | 0.49% |
 ATRAptargroup Inc. COM | 0.49% | 0.49% | 0.49% |
 CMCCommercial Metals Company COM | 0.46% | 0.54% | 0.46% |
 AXTAAxalta Coating Systems Limited COM USD1.00 | 0.46% | 0.42% | 0.42% |
 CLFCleveland-Cliffs Inc COM | 0.40% | 0.50% | 0.40% |
 SONSonoco Products Company COM | 0.32% | 0.31% | 0.31% |
 LPXLouisiana Pacific Corporation COM | 0.27% | 0.31% | 0.27% |
 SOLSSolstice Advanced Materials Inc. COM SHS | 0.26% | 0.86% | 0.26% |
 CBTCabot Corporation COM | 0.26% | 0.30% | 0.26% |
 AVNTAvient Corporation COM | 0.22% | 0.21% | 0.21% |
 SLGNSilgan Holdings Inc. COM | 0.21% | 0.22% | 0.21% |
 GPKGraphic Packaging Holding Company COM | 0.20% | 0.21% | 0.20% |
 EXPEagle Materials Inc. COM | 0.18% | 0.46% | 0.18% |
 ASHAshland Inc. COM | 0.19% | 0.17% | 0.17% |
 SMGThe Scotts Miracle-Gro Company CL A | 0.16% | 0.18% | 0.16% |
 MPMP Materials Corp., Class A | 0.15% | 0.59% | 0.15% |
 WLKWestlake Corporation COM | 0.15% | 0.21% | 0.15% |
 KNFKnife River Corp. COMMON STOCK | 0.13% | 0.29% | 0.13% |
 OLNOlin Corporation COM PAR $1 | 0.12% | 0.19% | 0.12% |
 GEFGreif, Inc., Class A | 0.13% | 0.10% | 0.10% |
Frequently Asked Questions
How much do MDYV and VAW overlap?
MDYV and VAW overlap by 7.8% of portfolio weight. They share 23 holdings (MDYV holds 297 positions and VAW holds 110), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MDYV and VAW?
The two portfolios are 7.8% 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 MDYV and VAW?
The largest positions held by both funds are RS, AA, CCK, RPM and ATR. Together the top 10 shared positions account for 70% of the total overlap.
What does MDYV own that VAW doesn't?
274 positions (91.9% of MDYV) are unique to MDYV, led by USFD, SNX and WCC. In the other direction, 87 positions (89.1% of VAW) are unique to VAW.