SPY vs VYM ETF holdings comparison
SPDR S&P 500 ETF Trust (SPY) · Vanguard High Dividend Yield ETF (VYM)
SPY and VYM overlap by 33.8% by portfolio weight. The remaining 66.2 percentage points are not counted as shared holdings weight by this calculation. They share 249 stocks; the largest shared position is Broadcom Inc (AVGO), contributing 2.55% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
SPY and VYM share a material portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "moderate holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
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.
This comparison covers normalized equity positions represented in the dataset. Cash, derivatives, options, structured notes, and other non-equity assets are not included, so the result is not a complete comparison of every asset or risk in either fund.
Top shared holdings
| Company | Ticker | in SPY | in VYM |
|---|---|---|---|
| Broadcom Inc | AVGO | 2.55% | 8.03% |
| Jpmorgan Chase + Co | JPM | 1.44% | 3.34% |
| Johnson + Johnson | JNJ | 0.99% | 2.30% |
| Abbvie Inc | ABBV | 0.71% | 1.56% |
| Cisco Systems Inc | CSCO | 0.66% | 1.52% |
| Bank Of America Corp | BAC | 0.62% | 1.44% |
| Merck + Co. Inc. | MRK | 0.58% | 1.13% |
| Chevron Corp | CVX | 0.57% | 1.51% |
| Caterpillar Inc | CAT | 0.56% | 1.72% |
| Unitedhealth Group Inc | UNH | 0.54% | 1.40% |
Holdings only in SPY or VYM
SPY has 254 fund-only positions representing approximately 66.0 percentage points of reported exposure; VYM has 359 fund-only positions representing approximately 11.1 percentage points of reported exposure. These are positions whose normalized security identifiers appear in one issuer file but not the other.
Largest positions only in SPY
| Company | Ticker | Weight |
|---|---|---|
| Nvidia Corp | NVDA | 7.80% |
| Apple Inc | AAPL | 6.88% |
| Microsoft Corp | MSFT | 5.52% |
| Amazon.Com Inc | AMZN | 3.86% |
| Alphabet Inc Cl A | GOOGL | 3.08% |
| Alphabet Inc Cl C | GOOG | 2.45% |
| Meta Platforms Inc Class A | META | 1.89% |
| Micron Technology Inc | MU | 1.59% |
| Tesla Inc | TSLA | 1.49% |
| Eli Lilly + Co | LLY | 1.48% |
Largest positions only in VYM
| Company | Ticker | Weight |
|---|---|---|
| Exxon Mobil Corp | XOM | 2.72% |
| Honeywell International Inc | HON | 0.57% |
| Carnival Corp | CCL1EUR | 0.13% |
| Coterra Energy Inc | CTRA | 0.11% |
| Credicorp Ltd | BAP | 0.09% |
| Royalty Pharma PLC | RPRX | 0.08% |
| DuPont de Nemours Inc | DD | 0.08% |
| Reliance Inc | RS | 0.08% |
| Ovintiv Inc | OVV | 0.07% |
| Amcor PLC | N/A | 0.07% |
FAQ
How much do SPY and VYM overlap?
SPY and VYM have 33.8% overlap by weight, sharing 249 equity positions (out of 503 in SPY and 608 in VYM). The official holdings files used are dated 2026-08-25 for SPY and 2026-04-30 for VYM.
What does 33.8% overlap mean?
SPY and VYM share a material portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "moderate holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
Which stocks do SPY and VYM both hold?
The largest shared positions are Broadcom Inc, Jpmorgan Chase + Co, Johnson + Johnson, Abbvie Inc, Cisco Systems Inc. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between SPY and VYM?
SPY has 254 positions not found in VYM, while VYM has 359 positions not found in SPY. The largest fund-only positions and their weights are shown on this page.