DGRO vs XLV: how much do they overlap?
iShares Core Dividend Growth ETF (DGRO) · Health Care Select Sector SPDR ETF (XLV)
overlap by weight · 26 shared holdings
DGRO: 394 holdings (as of 2026-04-30) · XLV: 61 holdings (as of 09-Jul-2026)
Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.
Low overlap
What this means
DGRO and XLV hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Overlap by weight sums the smaller of the two funds' weights for every stock they both hold — it answers "how much of my money is in the same stocks either way?" See methodology.
Top shared holdings
| Company | Ticker | in DGRO | in XLV |
|---|---|---|---|
| JOHNSON & JOHNSON | JNJ | 2.64% | 10.63% |
| ABBVIE INC | ABBV | 2.52% | 7.53% |
| UNITEDHEALTH GROUP INC | UNH | 2.31% | 6.68% |
| MERCK & COMPANY INC | MRK | 1.75% | 5.27% |
| ELI LILLY & COMPANY | LLY | 1.14% | 16.41% |
| AMGEN INC | AMGN | 1.11% | 3.35% |
| ABBOTT LABORATORIES | ABT | 0.79% | 2.8% |
| GILEAD SCIENCES INC | GILD | 0.78% | 2.85% |
| MEDTRONIC PLC | MDT | 0.72% | 1.8% |
| ELEVANCE HEALTH INC | ELV | 0.45% | 1.56% |
FAQ
How much do DGRO and XLV overlap?
DGRO and XLV have a 16.3% overlap by weight, sharing 26 holdings (out of 394 in DGRO and 61 in XLV), based on official issuer holdings as of 2026-04-30.
What does 16.3% overlap mean?
DGRO and XLV hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do DGRO and XLV both hold?
The largest shared positions are JOHNSON & JOHNSON, ABBVIE INC, UNITEDHEALTH GROUP INC, MERCK & COMPANY INC, ELI LILLY & COMPANY. The full list of top shared holdings with weights in each fund is shown on this page.