Guardfolio Research · ETF Overlap
VYM vs VTV Overlap: 12.2% of Weight in Shared Holdings
VYM (Vanguard High Dividend Yield) and VTV (Vanguard Value) overlap by 12.2% of weight through 6 shared top-10 holdings — including JPM, XOM, JNJ, CAT, ABBV. Here is exactly which stocks duplicate, the sector picture, and whether holding both concentrates or diversifies your portfolio.
Overlap Summary
Bottom line
VYM and VTV have moderate, manageable overlap — about 12.2% of top-10 weight across 6 shared names. There is some double-up on the largest holdings, but the funds still pull in meaningfully different directions..
The Data
Exactly which stocks VYM and VTV share
The table below shows every holding that appears in both funds' top 10, with each fund's weight and the shared (minimum) weight that counts toward overlap.
| Holding | VYM weight | VTV weight | Shared (min) |
|---|---|---|---|
| JPMorgan Chase & Co. (JPM) | 3.33% | 3.09% | 3.09% |
| Exxon Mobil Corp. (XOM) | 2.71% | 2.49% | 2.49% |
| Johnson & Johnson (JNJ) | 2.30% | 2.15% | 2.15% |
| Caterpillar Inc. (CAT) | 1.71% | 1.61% | 1.61% |
| AbbVie Inc. (ABBV) | 1.55% | 1.45% | 1.45% |
| Chevron Corp. (CVX) | 1.50% | 1.42% | 1.42% |
| Total shared top-10 weight | 13.1% | 12.2% | 12.2% |
Weights are approximate, based on the most recent quarterly holdings. The 12.2% figure is the sum of the lesser of each fund's weight per shared holding (the conservative top-10 method).
See your real VYM + VTV overlap
Most portfolios hold more than two ETFs. Connect your accounts and see how VYM, VTV, and every other fund you own actually stack — across all brokerages.
7-day free trial · cancel anytime · the 2-ETF tool requires no signup
Sector Picture
VYM vs VTV: sector exposure side by side
Two funds can share few holdings yet still concentrate the same sectors. Here is how the top sectors compare (88.0% combined sector overlap).
| Sector | VYM | VTV |
|---|---|---|
| Financial Services | 22.0% | 21.7% |
| Industrials | 12.4% | 13.7% |
| Healthcare | 11.9% | 14.5% |
| Consumer Staples | 11.8% | 10.2% |
| Technology | 14.5% | 9.1% |
| Energy | 8.7% | 6.9% |
The Verdict
Should you hold both VYM and VTV?
VYM and VTV have moderate, manageable overlap — about 12.2% of top-10 weight across 6 shared names. There is some double-up on the largest holdings, but the funds still pull in meaningfully different directions.
FAQ
VYM vs VTV overlap: common questions
How much do VYM and VTV overlap?
VYM (Vanguard High Dividend Yield) and VTV (Vanguard Value) overlap by approximately 12.2% of weight based on their top-10 holdings, with 88.0% sector overlap. They share 6 top-10 holdings: JPM, XOM, JNJ, CAT, ABBV, CVX.
What stocks do VYM and VTV both hold?
Both VYM and VTV hold JPMorgan Chase & Co (JPM), Exxon Mobil Corp (XOM), Johnson & Johnson (JNJ), Caterpillar Inc (CAT), AbbVie Inc (ABBV), Chevron Corp (CVX) among their top positions. These shared names account for the 12.2% weight overlap.
Is it worth holding both VYM and VTV?
VYM and VTV have moderate, manageable overlap — about 12.2% of top-10 weight across 6 shared names. There is some double-up on the largest holdings, but the funds still pull in meaningfully different directions.
What is the difference between VYM and VTV?
VYM is a dividend fund (US Dividend, 0.06% expense ratio) and VTV is a large-cap value fund (US Large-Cap Value, 0.04% expense ratio). VYM's top 10 is 25.5% of the fund; VTV's is 21.0%.
Related Pages