DVY vs MDY: how much do they overlap?
iShares Select Dividend ETF (DVY) · SPDR S&P MIDCAP 400 ETF Trust (MDY)
overlap by weight · 25 shared holdings
DVY: 100 holdings (as of 2026-04-30) · MDY: 400 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
DVY and MDY 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 DVY | in MDY |
|---|---|---|---|
| WATSCO INC | WSO | 1.09% | 0.37% |
| UNUM GROUP | UNM | 0.95% | 0.36% |
| FIDELITY NATIONAL FINANCIAL INC | FNF | 1.19% | 0.35% |
| FIRST HORIZON CORP | FHN | 0.99% | 0.34% |
| HF SINCLAIR CORP | DINO | 0.82% | 0.33% |
| OGE ENERGY CORP | OGE | 0.84% | 0.28% |
| OLD REPUBLIC INTERNATIONAL CORP | ORI | 0.77% | 0.26% |
| IDACORP INC | IDA | 0.67% | 0.23% |
| UGI CORP | UGI | 0.7% | 0.21% |
| VALLEY NATIONAL BANCORP | VLY | 0.61% | 0.19% |
FAQ
How much do DVY and MDY overlap?
DVY and MDY have a 5.1% overlap by weight, sharing 25 holdings (out of 100 in DVY and 400 in MDY), based on official issuer holdings as of 2026-04-30.
What does 5.1% overlap mean?
DVY and MDY hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do DVY and MDY both hold?
The largest shared positions are WATSCO INC, UNUM GROUP, FIDELITY NATIONAL FINANCIAL INC, FIRST HORIZON CORP, HF SINCLAIR CORP. The full list of top shared holdings with weights in each fund is shown on this page.