etf overlap · light overlap
VIG vs XLF overlap
21% of VIG and XLF is the same money, spread over 38 companies both funds hold.
Holdings as of August 31, 2026 · source: Vanguard (VIG), SPDR (XLF)
- same money
- same companies, extra weight
- only in this fund
The companies you would own twice
What only one of them gives you
Where each fund puts its money
VIG and XLF: what people ask
How much do VIG and XLF overlap?
21% by weight, as of August 31, 2026: light overlap. 38 companies appear in both funds; they make up 21% of VIG and 59% of XLF.
Which stocks do VIG and XLF both hold?
The largest shared positions are JPM, V, MA, BAC and GS. Ranked by the smaller of the two weights, which is the part you would own twice.
Is it redundant to hold both VIG and XLF?
Out of every $100 split evenly between them, about $21 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 295 names only in VIG, 38 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 Vanguard and SPDR publish, not a top-10 sample, and companies are matched by their ISIN so share classes stay apart.
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.