etf overlap · heavy overlap
ITOT vs SPYG overlap
61% of ITOT and SPYG is the same money, spread over 152 companies both funds hold.
Holdings as of October 14, 2026 · source: iShares (ITOT), SPDR (SPYG) · How we measured all 1,035 pairs
- same money
- same companies, extra weight
- only in this fund
The companies you would own twice
What only one of them gives you
Every SPYG holding is also in the other fund.
Where each fund puts its money
ITOT and SPYG: what people ask
How much do ITOT and SPYG overlap?
61% by weight, as of October 14, 2026: heavy overlap. 152 companies appear in both funds; they make up 61% of ITOT and 100% of SPYG.
Which stocks do ITOT and SPYG both hold?
The largest shared positions are NVDA, AAPL, MSFT, AMZN and GOOGL. Ranked by the smaller of the two weights, which is the part you would own twice.
Is it redundant to hold both ITOT and SPYG?
Out of every $100 split evenly between them, about $61 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 2,273 names only in ITOT, 0 only in SPYG. Half in each behaves like 31 equally weighted stocks, against 55 for ITOT alone and 19 for SPYG alone. Whether that duplication is a problem depends on the mix you want; this is a description, not advice.
How is ETF overlap calculated here?
For every company held by both funds we take the smaller of its two weights and add them up. The weights come from the full holdings files iShares and SPDR publish, not a top-10 sample, and companies are matched by their ISIN so share classes stay apart. Sector overlap applies the same rule to the issuers' sector labels; "behaves like N equally weighted stocks" is one over the sum of the squared weights.
Weights come from each issuer's published holdings file and are matched company by company on their ISIN. Cash, futures and currency positions are left out. This page describes what the funds hold; it is not investment advice.