etf overlap · moderate overlap

Vanguard S&P 500 ETF logoVanguard Dividend Appreciation ETF logoVOO vs VIG overlap

41% of VOO and VIG is the same money, spread over 169 companies both funds hold.

Holdings as of August 31, 2026 · source: Vanguard (VOO), Vanguard (VIG)

overlapfull holdings, by weight
41%of each fund is money the other holds at the same weight, across 169 shared companies.
VOO
41%56%
VIG
41%54%
  • 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 169
companyVOOVIG
Apple Inc logoAAPLApple Inc7.03%4.50%
Visa Inc logoVVisa Inc0.93%2.50%
Walmart Inc logoWMTWalmart Inc0.69%1.96%
AbbVie Inc logoABBVAbbVie Inc0.68%1.93%
02Different

What only one of them gives you

only in VOO336 names
Alphabet Inc logoGOOGAlphabet Inc2.40%
only in VIG164 names
SUSUNBSunbelt Rentals Holdings Inc0.13%
Royal Gold Inc logoRGLDRoyal Gold Inc0.09%
RSRSReliance Inc0.08%
HEHEI-AHEICO Corp0.08%
ITITTITT Inc0.08%
RGRGAReinsurance Group of America Inc0.07%
RBRBARB Global Inc0.07%
LELECOLincoln Electric Holdings Inc0.07%
03Sectors

Where each fund puts its money

sectorsVOO vs VIG, share of each fund
Information Technology37.84%25.33%
Financials12.23%20.91%
Health Care9.27%18.09%
Industrials8.29%10.49%
Consumer Staples4.49%9.02%
Consumer Discretionary9.13%3.85%
Communication Services9.48%0.00%
Energy3.39%3.36%
Materials1.83%3.00%
Utilities1.98%2.65%
Real Estate1.80%0.00%
Not classified0.12%2.62%
04Questions

VOO and VIG: what people ask

questions4 answered

How much do VOO and VIG overlap?

41% by weight, as of August 31, 2026: moderate overlap. 169 companies appear in both funds; they make up 44% of VOO and 95% of VIG.

Which stocks do VOO and VIG both hold?

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

Is it redundant to hold both VOO and VIG?

Out of every $100 split evenly between them, about $41 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 336 names only in VOO, 164 only in VIG. 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.

Hold VOO and VIG?Import your positions and see what your funds hold together, company by company, with the fees you pay on each.Import my portfolio

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.