etf overlap · heavy overlap

VOO vs CNDX overlap

54% of VOO and CNDX is the same money, spread over 86 companies both funds hold.

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

overlapfull holdings, by weight
54%of each fund is money the other holds at the same weight, across 86 shared companies.
VOO
54%46%
CNDX
54%39%
  • 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 86
companyVOOCNDX
NVIDIA Corp logoNVDANVIDIA Corp8.08%8.22%
Apple Inc logoAAPLApple Inc7.03%7.71%
Alphabet Inc logoGOOGAlphabet Inc2.40%2.93%
Tesla Inc logoTSLATesla Inc1.57%2.97%
Walmart Inc logoWMTWalmart Inc0.69%2.41%
Intel Corp logoINTCIntel Corp0.67%2.19%
Palantir Technologies Inc logoPLTRPalantir Technologies Inc0.65%1.97%
02Different

What only one of them gives you

only in VOO419 names
only in CNDX15 names
SPSPCXSPACE EXPLORATION TECHNOLOGIES COR2.78%
SHOPIFY SUBORDINATE VOTING CLASS A logoSHOPSHOPIFY SUBORDINATE VOTING CLASS A0.89%
ASASMLASML HOLDING ADR REPRESENTING0.66%
ARARMARM HOLDINGS AMERICAN DEPOSITARY S0.44%
MEMELIMERCADOLIBRE0.40%
PDPDDPDD HOLDINGS ADS0.23%
MSMSTRSTRATEGY INC CLASS A0.22%
ALALABASTERA LABS0.22%
03Sectors

Where each fund puts its money

sectorsVOO vs CNDX, share of each fund
Information Technology37.84%58.16%
Communication Services9.49%15.02%
Consumer Discretionary9.13%10.44%
Health Care9.27%4.25%
Financials12.23%0.20%
Industrials8.30%3.24%
Consumer Staples4.50%6.11%
Energy3.39%0.47%
Utilities1.98%1.10%
Materials1.83%0.97%
Real Estate1.80%0.00%
04Questions

VOO and CNDX: what people ask

questions6 answered

How much do VOO and CNDX overlap?

54% by weight, as of August 31, 2026: heavy overlap. 86 companies appear in both funds; they make up 54% of VOO and 93% of CNDX.

Which stocks do VOO and CNDX both hold?

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

Is it redundant to hold both VOO and CNDX?

Out of every $100 split evenly between them, about $54 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 419 names only in VOO, 15 only in CNDX. Half in each behaves like 40 equally weighted stocks, against 46 for VOO alone and 31 for CNDX alone. Whether that duplication is a problem depends on the mix you want; this is a description, not advice.

Is CNDX the European version of VOO?

Partly: 54% of the money in CNDX and VOO is the same, as of August 31, 2026. CNDX is iShares Nasdaq 100 UCITS ETF (ISIN IE00B53SZB19), an Irish-domiciled UCITS fund on the Nasdaq-100 index. European brokers generally don't sell US-listed ETFs such as VOO to retail clients, because those funds publish no KID (the PRIIPs key information document); UCITS funds do.

Does the VOO vs CNDX overlap apply to other tickers?

Yes. CNDX also trades as CNX1 (London, GBP), SXRV (Xetra, EUR) and CSNDX (Borsa Italiana, EUR). Each is the same portfolio in another currency, on another exchange or paying its dividends out, so VOO vs SXRV also overlaps 54%.

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 iShares 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.