etf overlap · little overlap

VanEck Semiconductor ETF logoFinancial Select Sector SPDR logoSMH vs XLF overlap

SMH and XLF hold no company in common.

Holdings as of September 24, 2026 · source: VanEck (SMH), SPDR (XLF)

overlapfull holdings, by weight
0.0%of each fund is money the other holds at the same weight, across 0 shared companies.
SMH
100%
XLF
100%
  • 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.
01Different

What only one of them gives you

only in SMH25 names
Nvidia Corp logoNVDANvidia Corp19.28%
Taiwan Semiconductor Manufacturing Co L logoTSMTaiwan Semiconductor Manufacturing Co L9.26%
Advanced Micro Devices Inc logoAMDAdvanced Micro Devices Inc5.80%
Broadcom Inc logoAVGOBroadcom Inc5.25%
Intel Corp logoINTCIntel Corp5.17%
Micron Technology Inc logoMUMicron Technology Inc5.05%
SKSKHYVSk Hynix Inc4.51%
Texas Instruments Inc logoTXNTexas Instruments Inc4.46%
only in XLF76 names
BERKSHIRE HATHAWAY INC CL B logoBRK-BBERKSHIRE HATHAWAY INC CL B12.23%
JPMORGAN CHASE + CO logoJPMJPMORGAN CHASE + CO11.70%
VISA INC CLASS A SHARES logoVVISA INC CLASS A SHARES8.15%
MASTERCARD INC A logoMAMASTERCARD INC A5.95%
BANK OF AMERICA CORP logoBACBANK OF AMERICA CORP4.74%
GOLDMAN SACHS GROUP INC logoGSGOLDMAN SACHS GROUP INC3.49%
WELLS FARGO + CO logoWFCWELLS FARGO + CO3.23%
MSMSMORGAN STANLEY3.05%
02Sectors

Where each fund puts its money

sectorsSMH vs XLF, share of each fund
Financials0.00%99.85%
Information Technology95.43%0.00%
Not classified4.51%0.00%
03Questions

SMH and XLF: what people ask

questions4 answered

How much do SMH and XLF overlap?

0.0% by weight, as of September 24, 2026: little overlap. 0 companies appear in both funds; they make up 0.0% of SMH and 0.0% of XLF.

Which stocks do SMH and XLF both hold?

None. SMH and XLF have no holding in common.

Is it redundant to hold both SMH and XLF?

Out of every $100 split evenly between them, about $0 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 25 names only in SMH, 76 only in XLF. 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 VanEck and SPDR publish, not a top-10 sample, and companies are matched by their ISIN so share classes stay apart.

Hold SMH and XLF?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.