VYM vs DLN: Holdings Overlap
VYMVanguard High Dividend Yield Index Fund
Vanguard · 608 holdings · $83.4B · as of 2026-04-30
DLNWisdomTree U.S. LargeCap Dividend Fund
WisdomTree · 309 holdings · $6.4B · as of 2026-03-31
Holdings snapshots are 30 days apart (VYM: 2026-04-30, DLN: 2026-03-31). 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 VYM and DLN?
Vanguard High Dividend Yield Index Fund (VYM, by Vanguard) holds 608 positions; WisdomTree U.S. LargeCap Dividend Fund (DLN, by WisdomTree) holds 309. They have 187 holdings in common, and by portfolio weight the two funds are 62.2% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 62.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 187VYM holds 608 · DLN holds 309
- Weight in Shared Holdings
- VYM 81%·DLN 70%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 VYM
421 of 608 positions (18.3% of the fund) are not held by DLN. Showing the top 30 by weight.
Sector Breakdown
| Sector | VYM | DLN |
|---|---|---|
| Financials | 20.6% | 17.6% |
| Information Technology | 16.7% | 17.8% |
| Health Care | 12.1% | 13.4% |
| Industrials | 12.7% | 8.6% |
| Energy | 9.7% | 9.4% |
| Other Sectors | 27.6% | 33.2% |
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 |
|---|---|---|---|---|---|---|---|
| VYM | +3.1% | +16.8% | +26.1% | +18.1% | +12.5% | +11.9% | 2.19% |
| DLN | +3.0% | +15.4% | +22.8% | +18.3% | +12.7% | +12.7% | 1.71% |
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 VYM vs DLN →
Shared Holdings(187)
The top 10 shared positions account for 29% of the overlap, led by JPM, XOM and JNJ.
 JPMJPMorgan Chase & Co. COM | 3.34% | 3.29% | 3.29% |
|---|---|---|---|
 XOMExxon Mobil Corp. COM | 2.72% | 2.77% | 2.72% |
 JNJJohnson & Johnson COM | 2.30% | 2.11% | 2.11% |
 AVGOBroadcom Inc COM | 8.03% | 1.91% | 1.91% |
 ABBVAbbVie Inc. COM | 1.56% | 1.63% | 1.56% |
 CVXChevron Corp. COM | 1.51% | 2.27% | 1.51% |
 PGThe Procter & Gamble Co. COM | 1.44% | 1.37% | 1.37% |
 KOCoca-Cola Co (The) COM | 1.28% | 1.34% | 1.28% |
 HDHome Depot, Inc. (The) | 1.36% | 1.18% | 1.18% |
 MRKMerck & Co., Inc COM | 1.13% | 1.41% | 1.13% |
 PMPhilip Morris International Inc. COM | 1.07% | 1.41% | 1.07% |
 WFCWells Fargo & Co. COM | 1.06% | 1.09% | 1.06% |
 BACBank of America Corp. COM | 1.44% | 1.04% | 1.04% |
 GSGoldman Sachs Group, Inc. (The) | 1.07% | 1.03% | 1.03% |
 CSCOCisco Systems, Inc. COM | 1.52% | 0.92% | 0.92% |
 PEPPepsico Inc COM | 0.90% | 1.17% | 0.90% |
 MSMorgan Stanley COM NEW | 0.90% | 1.27% | 0.90% |
 IBMInternational Business Machines Corp. COM | 0.89% | 0.92% | 0.89% |
 UNHUnitedHealth Group Inc. COM | 1.40% | 0.89% | 0.89% |
 VZVerizon Communications Inc. COM | 0.84% | 1.33% | 0.84% |
 TXNTexas Instruments Inc. COM | 1.06% | 0.78% | 0.78% |
 MCDMcDonald's Corp. COM | 0.87% | 0.76% | 0.76% |
 TAT&T Inc COM | 0.75% | 1.29% | 0.75% |
 NEENextEra Energy Inc COM | 0.85% | 0.72% | 0.72% |
 AMGNAmgen Inc. COM | 0.71% | 1.11% | 0.71% |
Frequently Asked Questions
How much do VYM and DLN overlap?
VYM and DLN overlap by 62.2% of portfolio weight. They share 187 holdings (VYM holds 608 positions and DLN holds 309), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VYM and DLN?
The two portfolios are 62.2% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of VYM and DLN?
The largest positions held by both funds are JPM, XOM, JNJ, AVGO and ABBV. Together the top 10 shared positions account for 29% of the total overlap.
What does VYM own that DLN doesn't?
421 positions (18.3% of VYM) are unique to VYM, led by LIN, ETN and AEX. In the other direction, 122 positions (29.6% of DLN) are unique to DLN.