ITOT vs VWCE overlap

61% by weight, as of September 30, 2026: heavy overlap. 475 companies appear in both funds; they make up 90% of ITOT and 61% of VWCE.

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.

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: 1,950 names only in ITOT, 3,320 only in VWCE. Half in each behaves like 76 equally weighted stocks, against 55 for ITOT alone and 107 for VWCE alone. Whether that duplication is a problem depends on the mix you want; this is a description, not advice.

Partly: 61% of the money in VWCE and ITOT is the same, as of September 30, 2026. VWCE is Vanguard FTSE All-World UCITS ETF (USD) Accumulating (ISIN IE00BK5BQT80), an Irish-domiciled UCITS fund on the FTSE All-World index. European brokers generally don't sell US-listed ETFs such as ITOT to retail clients, because those funds publish no KID (the PRIIPs key information document); UCITS funds do.

Yes. VWCE also trades as VWRA (London, USD) and VWRP (London, GBP), and VWRL (ISIN IE00B3RBWM25) is its distributing share class. Each is the same portfolio in another currency, on another exchange or paying its dividends out, so ITOT vs VWRA also overlaps 61%.

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 Vanguard 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.