FDL vs HDV overlap - what they share and where they differ
FDL and HDV share 44.8% of their weight across 28 common positions, read from what each fund reported to the SEC.
Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.
FDL and HDV
44.8%
28 shared positions
FDL
First Trust Morningstar Dividend Leaders Index Fund
Reported positions cover 100% of the fund, 99 positions · Jun 30, 2026
Top 10: 48.1%·Holdings of FDL
HDV
iShares Core High Dividend ETF
Reported positions cover 100% of the fund, 75 positions · Jul 31, 2026
Top 10: 51.4%·Holdings of HDV
Reported positions cover FDL 100%, HDV 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
HDV vs FDL side by side
FDLFirst Trust Morningstar Dividend Leaders Index Fund
99
stock positions reported to the SEC
38.9% of its weight is in 71 names HDV does not hold
HDViShares Core High Dividend ETF
75
stock positions reported to the SEC
54.7% of its weight is in 47 names FDL does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Energy: HDV has 21.0 points more of it.
The figures side by side
| FDL | HDV | |
|---|---|---|
| Filing date | Jun 30, 2026 | Jul 31, 2026 |
| Stock positions reported | 99 | 75 |
| Weight of the ten largest | 48.1% | 51.4% |
| Largest position | CVX 7.4% | XOM 7.9% |
| Held alone | 71 positions, 38.9% | 47 positions, 54.7% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In FDL | In HDV | Counted |
|---|---|---|---|
| CVXCHEVRON CORP | 7.43% | 6.13% | 6.13% |
| VZVERIZON COMMUNICATIONS INC | 7.17% | 5.51% | 5.51% |
| PMPHILIP MORRIS INTERNATIONAL INC | 6.06% | 4.44% | 4.44% |
| PFEPFIZER INC | 5.91% | 4.27% | 4.27% |
| PEPPEPSICO INC | 4.84% | 3.46% | 3.46% |
| MOALTRIA GROUP INC | 4.64% | 3.06% | 3.06% |
| BMYBRISTOL-MYERS SQUIBB COMPANY | 3.43% | 2.70% | 2.70% |
| BXBLACKSTONE INC | 2.31% | 1.74% | 1.74% |
| MDTMEDTRONIC PLC | 2.28% | 1.73% | 1.73% |
| SOSOUTHERN COMPANY (THE) | 2.32% | 1.59% | 1.59% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in FDL
Only in HDV
Questions people ask
Is FDL the same as HDV?
44.8% of their weight sits in the same 28 holdings. FDL also reports UPS, CMCSA, USB, which the other does not. HDV also reports XOM, ABBV, PG, which the other does not.
How is the overlap between FDL and HDV measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of FDL and 100% of HDV, so the number cannot exceed the smaller coverage.
Which holds more, HDV or FDL?
FDL reports 99 stock positions and HDV reports 75. 38.9% of FDL's weight sits in names HDV does not hold, and 54.7% of HDV's weight in names FDL does not hold. The ten largest positions are 48.1% of FDL and 51.4% of HDV.
How do FDL and HDV differ by sector?
The widest gap is Energy: HDV has 21.0 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.
Where do the numbers come from?
From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.
Add a third fund in the tool·All fund pairs
Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.