VXF vs VYM: 8% overlap
Vanguard Extended Market ETF and Vanguard High Dividend Yield ETF share 7.8% of their portfolios by weight — computed as Σ min(wA, wB) over every holding both funds own.
You would hold two tickers and get the diversification of 1.9. Two funds that shared nothing would score 2.0; two identical funds score 1.0.
Top shared holdings
VXF and VYM hold 332 of the same securities. The ten contributing most to the overlap figure:
| Holding | in VXF | in VYM | Δ |
|---|---|---|---|
| CASH | 3.8% | 0.5% | 3.3% |
| FERG | 0.5% | 0.2% | 0.3% |
| RPRX | 0.2% | 0.1% | 0.2% |
| RS | 0.2% | 0.1% | 0.1% |
| EWBC | 0.2% | 0.1% | 0.1% |
| PNFP | 0.2% | 0.1% | 0.1% |
| DTM | 0.2% | 0.1% | 0.1% |
| OVV | 0.2% | 0.1% | 0.1% |
| PR | 0.2% | 0.1% | 0.1% |
| WSO | 0.2% | 0.1% | 0.1% |
Where VXF and VYM differ
Sector weights as a share of each fund, ordered by the size of the gap rather than the size of the sector — two funds that overlap heavily still usually diverge somewhere.
| Sector | VXF | VYM | Δ |
|---|---|---|---|
| Financials | 13.9% | 20.9% | −7.0pp |
| Industrials | 19.8% | 13.2% | +6.6pp |
| Consumer Staples | 2.7% | 8.0% | −5.3pp |
| Real Estate | 4.8% | 0.0% | +4.8pp |
| Energy | 4.0% | 8.5% | −4.5pp |
| Utilities | 1.9% | 5.7% | −3.8pp |
| Cash and/or Derivatives | 3.8% | 0.5% | +3.3pp |
| Consumer Discretionary | 8.8% | 6.4% | +2.4pp |
Δ is VXF minus VYM, in percentage points. Sector data is not published by every issuer, so “Unclassified” is a real category rather than a gap in the table.
What each fund holds alone
76.3% of VXF by weight, held in no part of VYM.
92.2% of VYM by weight, held in no part of VXF.
A large count with a small weight is the usual shape: the positions one fund adds are typically its smallest ones.
Concentration and cost
| VXF | VYM | |
|---|---|---|
| Top 10 holdings | 10.6% | 26.0% |
| Positions held | 3,327 | 606 |
| Cost per $10,000 held, per year | $5 | $4 |
Cost is the expense ratio applied to $10,000; it excludes any brokerage commission, bid-ask spread or tax consequence. Figures are facts about the funds, not a suggestion about which to hold.
Frequently asked
How much do VXF and VYM overlap?
VXF and VYM overlap 7.8% by portfolio weight — largely distinct portfolios. They share 332 holdings. The figure comes from current issuer holdings files (VXF as of 2026-06-30, VYM as of 2026-06-30).
How is the overlap between VXF and VYM calculated?
As the sum of the smaller weight in each fund, over every holding both funds own: Σ min(wA, wB). If VXF holds a stock at 6% and VYM holds the same stock at 4%, 4% counts as shared. The result is bounded between 0% and 100%, and it is computed after looking through any fund-of-funds to the underlying holdings.
Is it redundant to hold both VXF and VYM?
That depends on your goals — we state facts, not advice. At 7.8% overlap, each fund still contributes meaningfully distinct exposure.
What does VXF own that VYM doesn't?
VXF holds 3,327 positions and VYM holds 606; 2,995 of VXF's positions don't appear in VYM at all, and they are 76.3% of VXF by weight.
You probably hold more than two funds
This page compares VXF and VYM. Paste your whole portfolio — brokerage, 401(k), IRA — and see the overlap across every fund at once, plus what you actually own underneath them and your own Effective Funds number. Free, no account, nothing stored.
X-ray my portfolio — free →Watch VXF vs VYM
We re-read both funds’ published holdings every weeknight. Leave an address and we'll tell you when what's inside actually changes.
Not sending yet — email alerts are built but switched off, and you'll be among the first when they turn on. No spam, one-click unsubscribe.
Related comparisons
Sources: issuer holdings files, VXF as of 2026-06-30, VYM as of 2026-06-30. Weights are fractions of each fund. Diagnostics, not advice.