Vanguard Dividend Appreciation ETF
Tracks S&P US Dividend Growers
The four numbers that price an ETF.
What the ETF actually owns.
From the most recent SEC N-PORT filing. The top-10 weight tells you how concentrated the fund is — broad-market trackers run 25-30%, single-theme funds often 50-70%.
| # | Holding | Weight | Value (USD) | Asset class |
|---|---|---|---|---|
| 1 | Broadcom Inc | 6.27% | $7.62 B | EC |
| 2 | Apple Inc | 3.89% | $4.74 B | EC |
| 3 | Microsoft Corp | 3.86% | $4.69 B | EC |
| 4 | Eli Lilly & Co | 3.72% | $4.52 B | EC |
| 5 | JPMorgan Chase & Co | 3.64% | $4.43 B | EC |
| 6 | Exxon Mobil Corp | 2.72% | $3.31 B | EC |
| 7 | Johnson & Johnson | 2.47% | $3.01 B | EC |
| 8 | Walmart Inc | 2.36% | $2.87 B | EC |
| 9 | Visa Inc | 2.29% | $2.78 B | EC |
| 10 | Mastercard Inc | 2.01% | $2.44 B | EC |
| 11 | Costco Wholesale Corp | 1.88% | $2.28 B | EC |
| 12 | AbbVie Inc | 1.78% | $2.17 B | EC |
| 13 | Home Depot Inc/The | 1.68% | $2.05 B | EC |
| 14 | Procter & Gamble Co/The | 1.61% | $1.96 B | EC |
| 15 | Bank of America Corp | 1.58% | $1.93 B | EC |
| 16 | Caterpillar Inc | 1.40% | $1.71 B | EC |
| 17 | Cisco Systems Inc | 1.40% | $1.70 B | EC |
| 18 | Lam Research Corp | 1.33% | $1.61 B | EC |
| 19 | Coca-Cola Co/The | 1.31% | $1.59 B | EC |
| 20 | International Business Machines Corp | 1.29% | $1.57 B | EC |
| 21 | Oracle Corp | 1.24% | $1.51 B | EC |
| 22 | Merck & Co Inc | 1.23% | $1.50 B | EC |
| 23 | Goldman Sachs Group Inc/The | 1.23% | $1.50 B | EC |
| 24 | UnitedHealth Group Inc | 1.17% | $1.43 B | EC |
| 25 | McDonald's Corp | 1.01% | $1.23 B | EC |
What we measure and what we leave out.
Data sources: SEC EDGAR N-PORT filings (holdings + filing-date timestamp); issuer fact sheets for expense ratio + AUM + inception; Yahoo Finance for daily NAV.
Expense ratio is the single biggest forward predictor of long-horizon performance. A 0.03% expense ratio compounds to a fundamentally different outcome than a 0.95% expense ratio over 25 years — even if the underlying index is identical.
Concentration risk lives in the top-10 weight. For broad-market trackers (VOO, VTI, SPY) the top-10 sits around 28-32%. For thematic funds — semiconductors, AI, cannabis — top-10 often crosses 60%. A "sector tilt" with 60% in 10 names is closer to active stock-picking than passive index exposure.
LRS + tax for Indian investors: US-listed ETFs are securities for Indian-tax purposes — held > 24 months = LTCG @ 12.5%, ≤ 24 months = slab-rate STCG. Distributions are dividends taxed at slab rates (US withholds 25%, creditable via DTAA). LRS USD 250,000 / FY cap applies to each remittance.
India-listed alternative: for S&P 500 / NASDAQ-100 exposure without LRS friction, see India-listed ETFs at /etfs/ (Motilal Oswal, Mirae, Nippon, etc. variants). Higher TER but no LRS hassle and INR-settled.
What this page does not model: tracking error vs underlying index, premium/discount to NAV, bid-ask spread on-exchange, currency-hedged variants (e.g. JPST-hedged), securities lending revenue (which subsidises some expense ratios).
ETF NAVs, tracking error and AUM are computed from AMFI disclosures. ETFs are subject to market risk and tracking-error risk. MintByte is an AMFI-registered mutual fund distributor (ARN-314872). MintByte does not issue buy/sell recommendations on specific securities — the site is an educational data and analytics platform. Not investment advice. Methodology · How we earn.