etf overlap · little overlap

VB vs CSPX overlap

3.2% of VB and CSPX is the same money, spread over 132 companies both funds hold.

Holdings as of September 30, 2026 · source: Vanguard (VB), iShares (CSPX) · How we measured all 1,431 pairs

overlapfull holdings, by weight
3.2%of each fund is money the other holds at the same weight, across 132 shared companies.
VB
20%77%
CSPX
97%
  • 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 132
companyVBCSPX
Moderna Inc logoMRNAModerna Inc0.44%0.13%
PPEverpure Inc0.52%0.07%
TWTWLOTwilio Inc0.57%0.06%
ILILMNIllumina Inc0.52%0.06%
FLFLEXFlex Ltd0.26%0.06%
Centene Corp logoCNCCentene Corp0.19%0.05%
EQT Corp logoEQTEQT Corp0.19%0.05%
EMEMEEMCOR Group Inc0.42%0.05%
STSTLDSteel Dynamics Inc0.19%0.05%
JBJBLJabil Inc0.38%0.05%
WSWSMWilliams-Sonoma Inc0.34%0.04%
ATATOAtmos Energy Corp0.33%0.04%
F5 Inc logoFFIVF5 Inc0.32%0.04%
QQQnity Electronics Inc0.17%0.04%
Hubbell Inc logoHUBBHubbell Inc0.15%0.04%
02Different

What only one of them gives you

only in VB1,169 names
NTNTRANatera Inc0.72%
RVRVMDRevolution Medicines Inc0.53%
OKOKTAOkta Inc0.44%
Credo Technology Group Holding Ltd logoCRDOCredo Technology Group Holding Ltd0.42%
FTFTITechnipFMC PLC0.34%
NVNVTnVent Electric PLC0.33%
ATATIATI Inc0.33%
ENENTGEntegris Inc0.30%
only in CSPX372 names
ALPHABET CLASS C logoGOOGALPHABET CLASS C2.45%
03Sectors

Where each fund puts its money

sectorsVB vs CSPX, share of each fund
Information Technology16.41%38.67%
Industrials19.59%7.98%
Financials12.59%11.52%
Health Care13.92%9.46%
Consumer Discretionary9.86%8.73%
Communication Services3.01%9.80%
Real Estate6.95%1.70%
Consumer Staples3.50%4.72%
Energy4.19%3.71%
Materials5.21%1.63%
Utilities3.26%1.97%
04Questions

VB and CSPX: what people ask

questions6 answered

How much do VB and CSPX overlap?

3.2% by weight, as of September 30, 2026: little overlap. 132 companies appear in both funds; they make up 23% of VB and 3.2% of CSPX.

Which stocks do VB and CSPX both hold?

The largest shared positions are MRNA, P, TWLO, ILMN and FLEX. Ranked by the smaller of the two weights, which is the part you would own twice.

Is it redundant to hold both VB and CSPX?

Out of every $100 split evenly between them, about $3 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 1,169 names only in VB, 372 only in CSPX. Half in each behaves like 163 equally weighted stocks, against 674 for VB alone and 44 for CSPX alone. Whether that duplication is a problem depends on the mix you want; this is a description, not advice.

What is CSPX, next to VB?

CSPX is iShares Core S&P 500 UCITS ETF (ISIN IE00B5BMR087), an Irish-domiciled UCITS fund on the S&P 500 index. Next to VB, 3.2% of the money is the same, spread over 132 companies both hold, as of September 30, 2026.

Does the VB vs CSPX overlap apply to other tickers?

Yes. CSPX also trades as CSP1 (London, GBP), SXR8 (Xetra, EUR) and CSSPX (Borsa Italiana, EUR). Each is the same portfolio in another currency, on another exchange or paying its dividends out, so VB vs SXR8 also overlaps 3.2%.

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 Vanguard and iShares 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.

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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.