etf overlap · little overlap

VIG vs VB overlap

5.9% of VIG and VB is the same money, spread over 161 companies both funds hold.

Holdings as of August 31, 2026 · source: Vanguard (VIG), Vanguard (VB) · How we measured all 1,035 pairs

overlapfull holdings, by weight
5.9%of each fund is money the other holds at the same weight, across 161 shared companies.
VIG
94%
VB
10%84%
  • 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 161
companyVIGVB
STSTLDSteel Dynamics Inc0.13%0.19%
CACASYCasey's General Stores Inc0.12%0.28%
ATATOAtmos Energy Corp0.12%0.33%
WSWSMWilliams-Sonoma Inc0.11%0.34%
Hubbell Inc logoHUBBHubbell Inc0.10%0.15%
TPTPLTexas Pacific Land Corp0.09%0.14%
Royal Gold Inc logoRGLDRoyal Gold Inc0.09%0.25%
NiSource Inc logoNINiSource Inc0.08%0.24%
RSRSReliance Inc0.08%0.25%
CDCDWCDW Corp/DE0.08%0.20%
ITITTITT Inc0.08%0.23%
02Different

What only one of them gives you

only in VIG172 names
only in VB1,140 names
NTNTRANatera Inc0.72%
TWTWLOTwilio Inc0.57%
RVRVMDRevolution Medicines Inc0.53%
ILILMNIllumina Inc0.52%
PPEverpure Inc0.52%
OKOKTAOkta Inc0.44%
EMEMEEMCOR Group Inc0.42%
03Sectors

Where each fund puts its money

sectorsVIG vs VB, share of each fund
Information Technology25.47%16.41%
Financials21.74%12.59%
Health Care18.16%13.92%
Industrials11.39%19.59%
Consumer Discretionary4.03%9.86%
Consumer Staples9.06%3.50%
Materials3.25%5.21%
Energy3.42%4.19%
Real Estate0.00%6.95%
Utilities2.76%3.26%
Communication Services0.00%3.01%
Not classified0.03%0.20%
04Questions

VIG and VB: what people ask

questions4 answered

How much do VIG and VB overlap?

5.9% by weight, as of August 31, 2026: little overlap. 161 companies appear in both funds; they make up 5.9% of VIG and 16% of VB.

Which stocks do VIG and VB both hold?

The largest shared positions are STLD, CASY, ATO, WSM and HUBB. Ranked by the smaller of the two weights, which is the part you would own twice.

Is it redundant to hold both VIG and VB?

Out of every $100 split evenly between them, about $6 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 172 names only in VIG, 1,140 only in VB. Half in each behaves like 206 equally weighted stocks, against 56 for VIG alone and 674 for VB 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.

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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.