VYM vs XLY Overlap
VYM is a dividend-focused equity ETF from Vanguard, while XLY is a consumer discretionary ETF from SPDR. VYM and XLY show limited overlap, with an estimated weighted overlap of 5.89%. They share 19 holdings in the loaded dataset, led by HD, MCD, and LOW.
Served from cache.
Quick Answer
VYM is a dividend-focused equity ETF from Vanguard, while XLY is a consumer discretionary ETF from SPDR. VYM and XLY show limited overlap, with an estimated weighted overlap of 5.89%. They share 19 holdings in the loaded dataset, led by HD, MCD, and LOW.
- 5.89% weighted overlap across 19 shared holdings.
- The top three shared holdings explain 57.81% of the measured overlap.
- VYM is the broader fund, while XLY is more targeted.
- The overlap is mostly explained by the top shared positions rather than sector labels alone.
- Holding both can still add materially different exposure.
Data Freshness
- VYM holdings
- Mar 12, 2026
- XLY 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
VYM is a dividend-focused equity ETF from Vanguard, while XLY is a consumer discretionary ETF from SPDR. VYM and XLY do not own much of the same portfolio weight. That usually means you are combining different parts of the market, with only a small amount of duplication through names like HD, MCD, and LOW.
How They Differ
VYM is a dividend-focused equity ETF from Vanguard, while XLY is a consumer discretionary ETF from SPDR. VYM is the broader fund, while XLY is the more targeted sleeve. VYM has the lower expense ratio, while XLY 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 57.81% 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, XLY is the narrower expression. VYM has the lower expense ratio, while XLY charges more for its exposure.
Overlap Driver Snapshot
Concentration
The top three shared holdings explain 57.81% 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 VYM and XLY.
| Holding | Name | VYM Wt. | XLY Wt. | Overlap |
|---|---|---|---|---|
| HD | Home Depot Inc/The | 1.70% | 6.10% | 1.70% |
| MCD | McDonald's Corp | 1.02% | 4.97% | 1.02% |
| LOW | Lowe's Cos Inc | 0.68% | 3.38% | 0.68% |
| SBUX | Starbucks Corp | 0.48% | 2.75% | 0.48% |
| NKE | NIKE Inc | 0.33% | 1.60% | 0.33% |
| F | Ford Motor Co | 0.25% | 1.15% | 0.25% |
| YUM | Yum! Brands Inc | 0.20% | 1.06% | 0.20% |
| EBAY | eBay Inc | 0.19% | 0.98% | 0.19% |
| GRMN | Garmin Ltd | 0.15% | 0.95% | 0.15% |
| TSCO | Tractor Supply Co | 0.12% | 0.64% | 0.12% |
Why These ETFs Overlap
VYM is a dividend-focused equity ETF from Vanguard, while XLY is a consumer discretionary ETF from SPDR. The overlap exists because both funds allocate meaningful weight to the same holdings. In this dataset, the biggest shared drivers are HD, MCD, and LOW, which appear in both portfolios and push the overlap score higher.
Holding both VYM and XLY can make sense if you want exposure to different sleeves of the market. The overlap is small enough that both funds may still improve diversification.
Related Comparisons
Frequently Asked Questions About VYM and XLY
What is the overlap between VYM and XLY?+
How many holdings do VYM and XLY share?+
Is the VYM and XLY overlap high?+
Why do VYM and XLY overlap?+
Which ETF is broader, VYM or XLY?+
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.