DGRO is a dividend-focused equity ETF from IShares, while VV is a large-cap U.S. equity ETF from Vanguard. DGRO and VV show meaningful overlap, with an estimated weighted overlap of 42.59%. They share 190 holdings in the loaded dataset, led by AAPL, MSFT, and AVGO.
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DGRO is a dividend-focused equity ETF from IShares, while VV is a large-cap U.S. equity ETF from Vanguard. DGRO and VV show meaningful overlap, with an estimated weighted overlap of 42.59%. They share 190 holdings in the loaded dataset, led by AAPL, MSFT, and AVGO.
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DGRO is a dividend-focused equity ETF from IShares, while VV is a large-cap U.S. equity ETF from Vanguard. DGRO and VV overlap enough to matter, but they still bring different exposures to a portfolio. The overlap is concentrated in holdings such as AAPL, MSFT, and AVGO, which explains why the score lands at 42.59%.
DGRO is a dividend-focused equity ETF from IShares, while VV is a large-cap U.S. equity ETF from Vanguard. VV is the broader fund, while DGRO is the more targeted sleeve. VV has the lower expense ratio, while DGRO charges more for its exposure.
The overlap is driven by a relatively small set of large shared positions. The top three shared holdings account for 20.01% of the score, which means the result is heavily influenced by the biggest common weights rather than a long tail of tiny positions.
If you want the broader portfolio building block, VV is usually the wider choice. If you want the more focused tilt, DGRO is the narrower expression. VV has the lower expense ratio, while DGRO charges more for its exposure.
Concentration
The top three shared holdings explain 20.01% of the full overlap score.
That helps show whether the score comes from a handful of giant shared positions or from a broader mix of common holdings.
Shared Sector Tilt
Sector tags are not consistently available for the biggest shared positions in this dataset, so this comparison leans more on the specific holdings than on sector labels.
These are the holdings contributing the most to the overlap score between DGRO and VV.
| Holding | Name | DGRO Wt. | VV Wt. | Overlap |
|---|---|---|---|---|
| AAPL | APPLE INC | 2.93% | 6.81% | 2.93% |
| MSFT | MICROSOFT CORP | 2.91% | 5.03% | 2.91% |
| AVGO | BROADCOM INC | 3.25% | 2.68% | 2.68% |
| JPM | JP MORGAN CHASE & COMPANY | 3.04% | 1.36% | 1.36% |
| 30231G102 | EXXON MOBIL CORP | 2.90% | 1.29% | 1.29% |
| LLY | ELI LILLY & COMPANY | 1.14% | 1.43% | 1.14% |
| JNJ | JOHNSON & JOHNSON | 2.64% | 1.08% | 1.08% |
| WMT | WALMART INC | 0.95% | 1.00% | 0.95% |
| V | VISA INC | 1.05% | 0.86% | 0.86% |
| ABBV | ABBVIE INC | 2.52% | 0.70% | 0.70% |
DGRO is a dividend-focused equity ETF from IShares, while VV is a large-cap U.S. equity ETF from Vanguard. The overlap exists because both funds allocate meaningful weight to the same holdings. In this dataset, the biggest shared drivers are AAPL, MSFT, and AVGO, which appear in both portfolios and push the overlap score higher.
Holding both DGRO and VV can still be reasonable, but you should expect some duplication. The decision comes down to whether the non-overlapping parts of each ETF are important enough for your strategy.
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A straightforward approach used by portfolio analysts.
For every stock that appears in both ETFs, we take the smaller of the two weights. Adding up all those minimums gives the total overlap percentage. A score of 100% means the two ETFs hold the exact same stocks in the same proportions.
Want the full explanation? Read the methodology page.