DGRO vs VYM Overlap
DGRO is a dividend-focused equity ETF from IShares, while VYM is a dividend-focused equity ETF from Vanguard. DGRO and VYM show heavy overlap, with an estimated weighted overlap of 59.65%. They share 217 holdings in the loaded dataset, led by XOM, JPM, and JNJ.
Served from cache.
Quick Answer
DGRO is a dividend-focused equity ETF from IShares, while VYM is a dividend-focused equity ETF from Vanguard. DGRO and VYM show heavy overlap, with an estimated weighted overlap of 59.65%. They share 217 holdings in the loaded dataset, led by XOM, JPM, and JNJ.
- 59.65% weighted overlap across 217 shared holdings.
- The top three shared holdings explain 13.08% of the measured overlap.
- DGRO and VYM are closer in breadth than a broad-vs-niche ETF pair.
- The overlap is mostly explained by the top shared positions rather than sector labels alone.
- Holding both may add less diversification than the fund names imply.
Data Freshness
- DGRO holdings
- Mar 12, 2026
- VYM holdings
- Mar 12, 2026
- Overlap computed
- Mar 13, 2026
- Data source
- Financial Modeling Prep
Review the methodology for the overlap formula and refresh policy.
Compare another pair
About These ETFs
What Stands Out In This Comparison
What This Means
DGRO is a dividend-focused equity ETF from IShares, while VYM is a dividend-focused equity ETF from Vanguard. DGRO and VYM share a large chunk of the same portfolio weight. The overlap is driven by positions like XOM, JPM, and JNJ, so owning both may not diversify your stock exposure as much as the fund names suggest.
How They Differ
DGRO is a dividend-focused equity ETF from IShares, while VYM is a dividend-focused equity ETF from Vanguard. Neither fund clearly dominates on breadth, so the practical difference is more about weighting, index construction, and cost. VYM has the lower expense ratio, while DGRO charges more for its exposure.
What Drives The Overlap
The overlap is driven by a relatively small set of large shared positions. The top three shared holdings account for 13.08% of the score, which means the result is heavily influenced by the biggest common weights rather than a long tail of tiny positions.
When One May Fit Better
Because DGRO and VYM are closer in breadth, the better fit usually comes down to index methodology, issuer preference, and cost. VYM has the lower expense ratio, while DGRO charges more for its exposure.
Overlap Driver Snapshot
Concentration
The top three shared holdings explain 13.08% 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.
Top Shared Holdings
These are the holdings contributing the most to the overlap score between DGRO and VYM.
| Holding | Name | DGRO Wt. | VYM Wt. | Overlap |
|---|---|---|---|---|
| XOM | EXXON MOBIL CORP | 3.62% | 2.72% | 2.72% |
| JPM | JPMORGAN CHASE & CO | 2.59% | 3.64% | 2.59% |
| JNJ | JOHNSON & JOHNSON | 3.39% | 2.49% | 2.49% |
| AVGO | BROADCOM INC | 2.10% | 6.97% | 2.10% |
| ABBV | ABBVIE INC | 2.64% | 1.80% | 1.80% |
| HD | HOME DEPOT INC | 2.09% | 1.70% | 1.70% |
| PG | PROCTER & GAMBLE | 2.50% | 1.62% | 1.62% |
| BAC | BANK OF AMERICA CORP | 1.51% | 1.57% | 1.51% |
| CSCO | CISCO SYSTEMS INC | 1.43% | 1.42% | 1.42% |
| KO | COCA-COLA | 1.98% | 1.32% | 1.32% |
Why These ETFs Overlap
DGRO is a dividend-focused equity ETF from IShares, while VYM is a dividend-focused 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 XOM, JPM, and JNJ, which appear in both portfolios and push the overlap score higher.
Holding both DGRO and VYM may add less diversification than you expect. Many investors would choose the ETF that best matches their goal and avoid paying for duplicate exposure.
Related Comparisons
Frequently Asked Questions About DGRO and VYM
What is the overlap between DGRO and VYM?+
How many holdings do DGRO and VYM share?+
Is the DGRO and VYM overlap high?+
Why do DGRO and VYM overlap?+
Which ETF is broader, DGRO or VYM?+
How Overlap Is Calculated
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.