etf overlap · little overlap

VOO vs VNQ overlap
1.8% of VOO and VNQ is the same money, spread over 30 companies both funds hold.
Holdings as of August 31, 2026 · source: Vanguard (VOO), Vanguard (VNQ)
- same money
- same companies, extra weight
- only in this fund
What only one of them gives you
Where each fund puts its money
VOO and VNQ: what people ask
How much do VOO and VNQ overlap?
1.8% by weight, as of August 31, 2026: little overlap. 30 companies appear in both funds; they make up 1.8% of VOO and 63% of VNQ.
Which stocks do VOO and VNQ both hold?
The largest shared positions are WELL, PLD, EQIX, AMT and SPG. Ranked by the smaller of the two weights, which is the part you would own twice.
Is it redundant to hold both VOO and VNQ?
Out of every $100 split evenly between them, about $2 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 475 names only in VOO, 110 only in VNQ. 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.
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.