etf overlap tool · moderate overlap
VCN vs VDY overlap
99% of VDY's money sits in companies VCN also holds; 50% of the two funds is the same money, spread over 58 companies both hold.
Holdings as of September 30, 2026 · source: Vanguard (VCN), Vanguard (VDY) · How we measured all 1,431 pairs
- same money
- same companies, extra weight
- only in this fund
Vanguard's files give an ISIN with each line: 100.0% of its stock money is matched on one.
Vanguard's files give an ISIN with each line: 100.0% of its stock money is matched on one.
Hold VCN and VDY with other funds or stocks? The free portfolio optimizer opens VCN and VDY 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.
What only one of them gives you
SHOPShopify Inc5.20%Every VDY holding is also in the other fund.
Where each fund puts its money
VCN and VDY: what people ask
How much do VCN and VDY overlap?
50% by weight, as of September 30, 2026: moderate overlap. 58 companies appear in both funds; they make up 50% of VCN and 99% of VDY.
Which stocks do VCN and VDY both hold?
The largest shared positions are RY, TD, BMO, BNS and ENB. Ranked by the smaller of the two weights, which is the part you would own twice.
Is it redundant to hold both VCN and VDY?
Out of every $100 split evenly between them, about $50 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 159 names only in VCN, 0 only in VDY. Half in each behaves like 26 equally weighted stocks, against 42 for VCN alone and 15 for VDY 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 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.
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.