etf overlap · moderate overlap

VIG vs VWCE overlap

27% of VIG and VWCE is the same money, spread over 156 companies both funds hold.

Holdings as of August 31, 2026 · source: Vanguard (VIG), Vanguard (VWCE) · How we measured all 1,431 pairs

overlapfull holdings, by weight
27%of each fund is money the other holds at the same weight, across 156 shared companies.
VIG
27%68%
VWCE
27%73%
  • 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 156
companyVIGVWCE
Apple Inc logoAAPLApple Inc4.50%4.52%
Visa Inc logoVVisa Inc2.50%0.57%
AbbVie Inc logoABBVAbbVie Inc1.93%0.43%
Walmart Inc logoWMTWalmart Inc1.96%0.43%
02Different

What only one of them gives you

only in VIG177 names
Royal Gold Inc logoRGLDRoyal Gold Inc0.09%
RSRSReliance Inc0.08%
ITITTITT Inc0.08%
NDNDSNNordson Corp0.07%
RGRGAReinsurance Group of America Inc0.07%
LELECOLincoln Electric Holdings Inc0.07%
only in VWCE3,639 names
232330Taiwan Semiconductor Manufacturing Co Ltd1.78%
Alphabet Inc logoGOOGAlphabet Inc1.49%
03Sectors

Where each fund puts its money

sectorsVIG vs VWCE, share of each fund
Information Technology25.47%32.64%
Financials21.74%16.15%
Health Care18.16%8.22%
Industrials11.39%10.39%
Consumer Staples9.06%4.55%
Consumer Discretionary4.03%8.33%
Communication Services0.00%7.82%
Energy3.42%3.89%
Materials3.25%3.64%
Utilities2.76%2.30%
Real Estate0.00%1.64%
04Questions

VIG and VWCE: what people ask

questions6 answered

How much do VIG and VWCE overlap?

27% by weight, as of August 31, 2026: moderate overlap. 156 companies appear in both funds; they make up 95% of VIG and 27% of VWCE.

Which stocks do VIG and VWCE both hold?

The largest shared positions are AAPL, MSFT, AVGO, LLY and JPM. Ranked by the smaller of the two weights, which is the part you would own twice.

Is it redundant to hold both VIG and VWCE?

Out of every $100 split evenly between them, about $27 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 177 names only in VIG, 3,639 only in VWCE. Half in each behaves like 98 equally weighted stocks, against 56 for VIG alone and 107 for VWCE alone. Whether that duplication is a problem depends on the mix you want; this is a description, not advice.

What is VWCE, next to VIG?

VWCE is Vanguard FTSE All-World UCITS ETF (USD) Accumulating (ISIN IE00BK5BQT80), an Irish-domiciled UCITS fund on the FTSE All-World index. Next to VIG, 27% of the money is the same, spread over 156 companies both hold, as of August 31, 2026.

Does the VIG vs VWCE overlap apply to other tickers?

Yes. VWCE also trades as VWRA (London, USD) and VWRP (London, GBP), and VWRL (ISIN IE00B3RBWM25) is its distributing share class. Each is the same portfolio in another currency, on another exchange or paying its dividends out, so VIG vs VWRA also overlaps 27%.

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.