SPTM vs VYM Overlap

SPTM is an equity ETF from SPDR, while VYM is a dividend-focused equity ETF from Vanguard. SPTM and VYM show meaningful overlap, with an estimated weighted overlap of 34.71%. They share 514 holdings in the loaded dataset, led by AVGO, JPM, and XOM.

34.7% overlap
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514Shared Holdings
OK
Moderate Overlap

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Quick Answer

SPTM is an equity ETF from SPDR, while VYM is a dividend-focused equity ETF from Vanguard. SPTM and VYM show meaningful overlap, with an estimated weighted overlap of 34.71%. They share 514 holdings in the loaded dataset, led by AVGO, JPM, and XOM.

  • 34.71% weighted overlap across 514 shared holdings.
  • The top three shared holdings explain 13.83% of the measured overlap.
  • SPTM 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

SPTM 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

ETF A

SPTM

State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF

Issuer
SPDR
Asset class
Equity
Expense ratio
0.03%
AUM
$12B
Inception
Oct 4, 2000

ETF B

VYM

Vanguard High Dividend Yield ETF

Issuer
Vanguard
Asset class
Large Cap Equity
Expense ratio
0.04%
AUM
$89B
Inception
Nov 10, 2006

What Stands Out In This Comparison

01

What This Means

SPTM is an equity ETF from SPDR, while VYM is a dividend-focused equity ETF from Vanguard. SPTM and VYM overlap enough to matter, but they still bring different exposures to a portfolio. The overlap is concentrated in holdings such as AVGO, JPM, and XOM, which explains why the score lands at 34.71%.

02

How They Differ

SPTM is an equity ETF from SPDR, 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. SPTM has the lower expense ratio, while VYM charges more for its exposure.

03

What Drives The Overlap

The overlap is driven by a relatively small set of large shared positions. The top three shared holdings account for 13.83% of the score, which means the result is heavily influenced by the biggest common weights rather than a long tail of tiny positions.

04

When One May Fit Better

Because SPTM and VYM are closer in breadth, the better fit usually comes down to index methodology, issuer preference, and cost. SPTM has the lower expense ratio, while VYM charges more for its exposure.

Overlap Driver Snapshot

Concentration

The top three shared holdings explain 13.83% 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 SPTM and VYM.

HoldingSPTM Wt.VYM Wt.Overlap
AVGO2.56%6.97%2.56%
JPM1.25%3.64%1.25%
XOM0.99%2.72%0.99%
JNJ0.93%2.49%0.93%
WMT0.87%2.36%0.87%
ABBV0.64%1.80%0.64%
PG0.58%1.62%0.58%
HD0.56%1.70%0.56%
CVX0.56%1.51%0.56%
CAT0.54%1.39%0.54%

Why These ETFs Overlap

SPTM is an equity 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 AVGO, JPM, and XOM, which appear in both portfolios and push the overlap score higher.

Holding both SPTM 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 SPTM and VYM

What is the overlap between SPTM and VYM?+
SPTM and VYM currently show an estimated weighted overlap of 34.71% based on the loaded holdings data.
How many holdings do SPTM and VYM share?+
They share 514 holdings in the current dataset.
Is the SPTM and VYM overlap high?+
The current verdict is Moderate Overlap. That means the two ETFs have noticeable duplication in portfolio weight.
Why do SPTM and VYM overlap?+
SPTM and VYM overlap because the same large positions appear in both funds. In this comparison, the top three shared holdings explain 13.83% of the measured overlap score.
Which ETF is broader, SPTM or VYM?+
SPTM and VYM look closer in breadth than a broad-vs-niche pair, so the main difference is more about strategy and weighting than simple market coverage.

How Overlap Is Calculated

A straightforward approach used by portfolio analysts.

Overlap = sum(min(Weight_A, Weight_B)) for each shared holding

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.

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