VYM vs SPYI: Holdings Overlap
VYMVanguard High Dividend Yield Index Fund
Vanguard · 608 holdings · $83.4B · as of 2026-04-30
SPYINEOS S&P 500(R) High Income ETF
NEOS · 505 holdings · $11.3B · as of 2026-03-31
Holdings snapshots are 30 days apart (VYM: 2026-04-30, SPYI: 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 SPYI?
Vanguard High Dividend Yield Index Fund (VYM, by Vanguard) holds 608 positions; NEOS S&P 500(R) High Income ETF (SPYI, by NEOS) holds 505. They have 257 holdings in common, and by portfolio weight the two funds are 37.4% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 37.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 257VYM holds 608 · SPYI holds 505
- Weight in Shared Holdings
- VYM 92%·SPYI 37%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
351 of 608 positions (7.5% of the fund) are not held by SPYI. Showing the top 30 by weight.
Sector Breakdown
| Sector | VYM | SPYI |
|---|---|---|
| Information Technology | 16.7% | 32.6% |
| Financials | 20.6% | 12.6% |
| Industrials | 12.7% | 8.8% |
| Health Care | 12.1% | 9.4% |
| Communication Services | 3.5% | 10.5% |
| Other Sectors | 33.8% | 25.7% |
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.
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% |
| SPYI | +2.7% | +10.7% | +19.9% | +16.1% | — | — | 11.65% |
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 SPYI →
Shared Holdings(257)
The top 10 shared positions account for 27% of the overlap, led by AVGO, JPM and XOM.
 AVGOBroadcom Inc COM | 8.03% | 2.61% | 2.61% |
|---|---|---|---|
 JPMJPMorgan Chase & Co. COM | 3.34% | 1.44% | 1.44% |
 XOMExxon Mobil Corp. COM | 2.72% | 1.29% | 1.29% |
 JNJJohnson & Johnson COM | 2.30% | 1.06% | 1.06% |
 ABBVAbbVie Inc. COM | 1.56% | 0.69% | 0.69% |
 CVXChevron Corp. COM | 1.51% | 0.69% | 0.69% |
 PGThe Procter & Gamble Co. COM | 1.44% | 0.60% | 0.60% |
 CATCaterpillar Inc COM | 1.72% | 0.58% | 0.58% |
 HDHome Depot, Inc. (The) | 1.36% | 0.58% | 0.58% |
 BACBank of America Corp. COM | 1.44% | 0.58% | 0.58% |
 CSCOCisco Systems, Inc. COM | 1.52% | 0.55% | 0.55% |
 MRKMerck & Co., Inc COM | 1.13% | 0.52% | 0.52% |
 KOCoca-Cola Co (The) COM | 1.28% | 0.52% | 0.52% |
 RTXRTX Corp. COM | 0.98% | 0.46% | 0.46% |
 PMPhilip Morris International Inc. COM | 1.07% | 0.45% | 0.45% |
 WFCWells Fargo & Co. COM | 1.06% | 0.44% | 0.44% |
 GSGoldman Sachs Group, Inc. (The) | 1.07% | 0.44% | 0.44% |
 ORCLOracle Corp. COM | 1.13% | 0.43% | 0.43% |
 UNHUnitedHealth Group Inc. COM | 1.40% | 0.43% | 0.43% |
 LINLinde PLC COM EUR0.001 | 0.98% | 0.41% | 0.41% |
 IBMInternational Business Machines Corp. COM | 0.89% | 0.40% | 0.40% |
 MCDMcDonald's Corp. COM | 0.87% | 0.40% | 0.40% |
 VZVerizon Communications Inc. COM | 0.84% | 0.37% | 0.37% |
 PEPPepsico Inc COM | 0.90% | 0.37% | 0.37% |
 TAT&T Inc COM | 0.75% | 0.36% | 0.36% |
Showing the top 250 of 257 shared holdings by overlap weight.
Frequently Asked Questions
How much do VYM and SPYI overlap?
VYM and SPYI overlap by 37.4% of portfolio weight. They share 257 holdings (VYM holds 608 positions and SPYI holds 505), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VYM and SPYI?
The two portfolios are 37.4% 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 SPYI?
The largest positions held by both funds are AVGO, JPM, XOM, JNJ and ABBV. Together the top 10 shared positions account for 27% of the total overlap.
What does VYM own that SPYI doesn't?
351 positions (7.5% of VYM) are unique to VYM, led by FERG, BAP and RPRX. In the other direction, 248 positions (62.1% of SPYI) are unique to SPYI.