DIA vs VYM Overlap
DIA is an industrials ETF from SPDR, while VYM is a dividend-focused equity ETF from Vanguard. DIA and VYM show meaningful overlap, with an estimated weighted overlap of 25.02%. They share 20 holdings in the loaded dataset, led by JPM, JNJ, and HD.
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Quick Answer
DIA is an industrials ETF from SPDR, while VYM is a dividend-focused equity ETF from Vanguard. DIA and VYM show meaningful overlap, with an estimated weighted overlap of 25.02%. They share 20 holdings in the loaded dataset, led by JPM, JNJ, and HD.
- 25.02% weighted overlap across 20 shared holdings.
- The top three shared holdings explain 31.29% of the measured overlap.
- VYM is the broader fund, while DIA is more targeted.
- 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
- DIA 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.
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About These ETFs
What Stands Out In This Comparison
What This Means
DIA is an industrials ETF from SPDR, while VYM is a dividend-focused equity ETF from Vanguard. DIA and VYM overlap enough to matter, but they still bring different exposures to a portfolio. The overlap is concentrated in holdings such as JPM, JNJ, and HD, which explains why the score lands at 25.02%.
How They Differ
DIA is an industrials ETF from SPDR, while VYM is a dividend-focused equity ETF from Vanguard. VYM is the broader fund, while DIA is the more targeted sleeve. VYM has the lower expense ratio, while DIA 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 31.29% 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
If you want the broader portfolio building block, VYM is usually the wider choice. If you want the more focused tilt, DIA is the narrower expression. VYM has the lower expense ratio, while DIA charges more for its exposure.
Overlap Driver Snapshot
Concentration
The top three shared holdings explain 31.29% 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 DIA and VYM.
| Holding | Name | DIA Wt. | VYM Wt. | Overlap |
|---|---|---|---|---|
| JPM | JPMORGAN CHASE + CO | 3.72% | 3.64% | 3.64% |
| JNJ | JOHNSON + JOHNSON | 3.14% | 2.49% | 2.49% |
| HD | HOME DEPOT INC | 4.60% | 1.70% | 1.70% |
| PG | PROCTER + GAMBLE CO/THE | 2.01% | 1.62% | 1.62% |
| WMT | WALMART INC | 1.61% | 2.36% | 1.61% |
| CVX | CHEVRON CORP | 2.40% | 1.51% | 1.51% |
| CAT | CATERPILLAR INC | 9.23% | 1.39% | 1.39% |
| IBM | INTL BUSINESS MACHINES CORP | 3.22% | 1.30% | 1.30% |
| MRK | MERCK + CO. INC. | 1.51% | 1.26% | 1.26% |
| GS | GOLDMAN SACHS GROUP INC | 10.74% | 1.21% | 1.21% |
Why These ETFs Overlap
DIA is an industrials ETF from SPDR, 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 JPM, JNJ, and HD, which appear in both portfolios and push the overlap score higher.
Holding both DIA and VYM 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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Frequently Asked Questions About DIA and VYM
What is the overlap between DIA and VYM?+
How many holdings do DIA and VYM share?+
Is the DIA and VYM overlap high?+
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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.