etf overlap · light overlap

iShares Core S&P 500 ETF logoVanEck Semiconductor ETF logoIVV vs SMH overlap

18% of IVV and SMH is the same money, spread over 19 companies both funds hold.

Holdings as of September 24, 2026 · source: iShares (IVV), VanEck (SMH)

overlapfull holdings, by weight
18%of each fund is money the other holds at the same weight, across 19 shared companies.
IVV
18%82%
SMH
18%60%21%
  • same money
  • same companies, extra weight
  • only in this fund
Overlap = the sum, over companies both funds hold, of the smaller of the two weights. Cash and derivatives excluded.
01Shared

The companies you would own twice

held by bothtop 15 of 19
companyIVVSMH
NVIDIA logoNVDANVIDIA8.18%19.28%
BROADCOM INC logoAVGOBROADCOM INC2.51%5.25%
MICRON TECHNOLOGY logoMUMICRON TECHNOLOGY1.84%5.05%
ADVANCED MICRO DEVICES logoAMDADVANCED MICRO DEVICES1.55%5.80%
INTEL CORPORATION logoINTCINTEL CORPORATION0.95%5.17%
LAM RESEARCH logoLRCXLAM RESEARCH0.58%4.19%
APPLIED MATERIAL INC logoAMATAPPLIED MATERIAL INC0.57%4.36%
TEXAS INSTRUMENT INC logoTXNTEXAS INSTRUMENT INC0.37%4.46%
KLA logoKLACKLA0.37%4.41%
MRMRVLMARVELL TECHNOLOGY0.34%4.44%
QUALCOMM logoQCOMQUALCOMM0.31%3.98%
ANALOG DEVICES logoADIANALOG DEVICES0.28%3.96%
CADENCE DESIGN SYSTEMS logoCDNSCADENCE DESIGN SYSTEMS0.13%1.89%
SYNOPSYS logoSNPSSYNOPSYS0.12%1.76%
MPMPWRMONOLITHIC POWER SYSTEMS INC0.10%1.19%
02Different

What only one of them gives you

only in IVV484 names
APPLE logoAAPLAPPLE7.37%
MICROSOFT logoMSFTMICROSOFT5.56%
AMAZON.COM INC logoAMZNAMAZON.COM INC3.68%
ALPHABET CLASS A logoGOOGLALPHABET CLASS A3.02%
META PLATFORMS CLASS A logoMETAMETA PLATFORMS CLASS A2.58%
ALPHABET CLASS C logoGOOGALPHABET CLASS C2.42%
TESLA INC logoTSLATESLA INC1.60%
ELI LILLY logoLLYELI LILLY1.42%
only in SMH6 names
Taiwan Semiconductor Manufacturing Co L logoTSMTaiwan Semiconductor Manufacturing Co L9.26%
SKSKHYVSk Hynix Inc4.51%
ASASMLAsml Holding Nv4.30%
ARARMArm Holdings Plc1.21%
ALALABAstera Labs Inc1.15%
STSTMStmicroelectronics Nv0.89%
03Sectors

Where each fund puts its money

sectorsIVV vs SMH, share of each fund
Information Technology39.15%95.43%
Financials11.56%0.00%
Communication Services10.06%0.00%
Health Care9.27%0.00%
Consumer Discretionary8.65%0.00%
Industrials8.07%0.00%
Consumer Staples4.39%0.00%
Energy3.42%0.00%
Utilities1.86%0.00%
Materials1.72%0.00%
Real Estate1.72%0.00%
Not classified0.00%4.51%
04Questions

IVV and SMH: what people ask

questions4 answered

How much do IVV and SMH overlap?

18% by weight, as of September 24, 2026: light overlap. 19 companies appear in both funds; they make up 18% of IVV and 79% of SMH.

Which stocks do IVV and SMH both hold?

The largest shared positions are NVDA, AVGO, MU, AMD and INTC. Ranked by the smaller of the two weights, which is the part you would own twice.

Is it redundant to hold both IVV and SMH?

Out of every $100 split evenly between them, about $18 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 484 names only in IVV, 6 only in SMH. 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 VanEck publish, not a top-10 sample, and companies are matched by their ISIN so share classes stay apart.

Hold IVV and SMH?Import your positions and see what your funds hold together, company by company, with the fees you pay on each.Import my portfolio

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.