VYM vs FVD: Holdings Overlap
VYMVanguard High Dividend Yield Index Fund
Vanguard · 608 holdings · $83.4B · as of 2026-04-30
FVDFirst Trust Value Line Dividend Index Fund
First Trust · 236 holdings · $8.4B · as of 2026-03-31
Holdings snapshots are 30 days apart (VYM: 2026-04-30, FVD: 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 FVD?
Vanguard High Dividend Yield Index Fund (VYM, by Vanguard) holds 608 positions; First Trust Value Line Dividend Index Fund (FVD, by First Trust) holds 236. They have 166 holdings in common, and by portfolio weight the two funds are 32.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 32.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 166VYM holds 608 · FVD holds 236
- Weight in Shared Holdings
- VYM 55%·FVD 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
442 of 608 positions (44.9% of the fund) are not held by FVD. Showing the top 30 by weight.
Only in FVD
70 of 236 positions (29.4% of the fund) are not held by VYM. Showing the top 30 by weight.
Sector Breakdown
| Sector | VYM | FVD |
|---|---|---|
| Financials | 20.6% | 18.5% |
| Utilities | 5.8% | 18.9% |
| Information Technology | 16.7% | 4.6% |
| Industrials | 12.7% | 15.1% |
| Health Care | 12.1% | 6.4% |
| Other Sectors | 31.5% | 31.6% |
| Unclassified | 0.1% | 4.7% |
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 VYM, 5% of FVD).
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% |
| FVD | +2.8% | +11.6% | +14.7% | +10.6% | +6.9% | +8.8% | 2.20% |
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 FVD →
Shared Holdings(166)
The top 10 shared positions account for 14% of the overlap, led by BMY, ABBV and XOM.
 BMYBristol-Myers Squibb Company COM | 0.51% | 0.45% | 0.45% |
|---|---|---|---|
 ABBVAbbVie Inc. COM | 1.56% | 0.44% | 0.44% |
 XOMExxon Mobil Corp. COM | 2.72% | 0.44% | 0.44% |
 PFEPfizer Inc. COM | 0.63% | 0.44% | 0.44% |
 MRKMerck & Co., Inc COM | 1.13% | 0.44% | 0.44% |
 JNJJohnson & Johnson COM | 2.30% | 0.43% | 0.43% |
 LINLinde PLC COM EUR0.001 | 0.98% | 0.43% | 0.43% |
 NEENextEra Energy Inc COM | 0.85% | 0.43% | 0.43% |
 SOSouthern Co. (The) | 0.44% | 0.43% | 0.43% |
 PEPPepsico Inc COM | 0.90% | 0.43% | 0.43% |
 BACBank of America Corp. COM | 1.44% | 0.43% | 0.43% |
 MOAltria Group, Inc. COM | 0.51% | 0.43% | 0.43% |
 GSGoldman Sachs Group, Inc. (The) | 1.07% | 0.43% | 0.43% |
 UNPUnion Pacific Corporation COM | 0.67% | 0.43% | 0.43% |
 JPMJPMorgan Chase & Co. COM | 3.34% | 0.43% | 0.43% |
 GILDGilead Sciences Inc. COM | 0.68% | 0.43% | 0.43% |
 HONHoneywell International Inc. COM | 0.57% | 0.42% | 0.42% |
 PMPhilip Morris International Inc. COM | 1.07% | 0.42% | 0.42% |
 KOCoca-Cola Co (The) COM | 1.28% | 0.42% | 0.42% |
 LOWLowes Companies, Inc. COM | 0.56% | 0.42% | 0.42% |
 CVXChevron Corp. COM | 1.51% | 0.42% | 0.42% |
 MCDMcDonald's Corp. COM | 0.87% | 0.42% | 0.42% |
 AMGNAmgen Inc. COM | 0.71% | 0.42% | 0.42% |
 PGThe Procter & Gamble Co. COM | 1.44% | 0.42% | 0.42% |
 DUKDuke Energy Corp COM NEW | 0.42% | 0.43% | 0.42% |
Frequently Asked Questions
How much do VYM and FVD overlap?
VYM and FVD overlap by 32.1% of portfolio weight. They share 166 holdings (VYM holds 608 positions and FVD holds 236), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VYM and FVD?
The two portfolios are 32.1% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of VYM and FVD?
The largest positions held by both funds are BMY, ABBV, XOM, PFE and MRK. Together the top 10 shared positions account for 14% of the total overlap.
What does VYM own that FVD doesn't?
442 positions (44.9% of VYM) are unique to VYM, led by AVGO, CAT and UNH. In the other direction, 70 positions (29.4% of FVD) are unique to FVD.