etf overlap tool · little overlap
VNQ vs XLI overlap
VNQ and XLI hold no company in common, and share no sector either: VNQ is 84% Real Estate, XLI 100% Industrials.
Holdings as of September 30, 2026 · source: Vanguard (VNQ), SPDR (XLI) · How we measured all 1,431 pairs
- same money
- same companies, extra weight
- only in this fund
Hold VNQ and XLI with other funds or stocks? The free portfolio optimizer opens VNQ and XLI 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
VRTPXVanguard Real Estate II Index Fund14.51%
WELLWelltower Inc9.12%
PLDPrologis Inc6.86%
EQIXEquinix Inc5.65%
CATCATERPILLAR INC6.29%
GEGENERAL ELECTRIC6.10%
RTXRTX CORP4.90%
DEDEERE + CO3.02%
ETNEATON CORP PLC2.85%No stock and no sector in common
VNQ and XLI: what people ask
How much do VNQ and XLI overlap?
None by holdings, as of September 30, 2026: no company appears in both funds. They share no sector either.
Which stocks do VNQ and XLI both hold?
None. VNQ and XLI have no holding in common.
Is it redundant to hold both VNQ and XLI?
No. Out of every $100 split evenly between them, none buys the same company. Half in each gives you 223 different holdings that behave like 55 equally weighted stocks, against 21 for VNQ alone and 41 for XLI alone. Whether that mix suits you depends on what you want to own; 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. 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.