etf overlap tool · little overlap
IVV vs XLY overlap
99.9% of XLY's money sits in companies IVV also holds; 8.8% of the two funds is the same money, spread over 47 companies both hold.
Holdings as of October 16, 2026 · source: iShares (IVV), SPDR (XLY) · How we measured all 1,431 pairs
- same money
- same companies, extra weight
- only in this fund
Hold IVV and XLY with other funds or stocks? The free portfolio optimizer opens IVV and XLY beside the rest of what you own: the companies you hold twice, what the funds cost a year, and where the next deposit should go. No account.
The companies you would own twice
What only one of them gives you
NVDANVIDIA7.84%
AAPLAPPLE7.58%
MSFTMICROSOFT5.94%
GOOGALPHABET CLASS C2.42%
AVGOBROADCOM INC2.37%
LLYELI LILLY1.52%Where each fund puts its money
IVV and XLY: what people ask
How much do IVV and XLY overlap?
8.8% by weight, as of October 16, 2026: little overlap. 47 companies appear in both funds; they make up 8.8% of IVV and 99.9% of XLY.
Which stocks do IVV and XLY both hold?
The largest shared positions are AMZN, TSLA, HD, MCD and TJX. Ranked by the smaller of the two weights, which is the part you would own twice.
Is it redundant to hold both IVV and XLY?
Out of every $100 split evenly between them, about $9 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 456 names only in IVV, 1 only in XLY. Half in each behaves like 28 equally weighted stocks, against 44 for IVV alone and 10 for XLY 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.