etf overlap · nearly the same fund
VT vs VWCE overlap
89% of VT and VWCE is the same money, spread over 3,787 companies both funds hold.
Holdings as of September 30, 2026 · source: Vanguard (VT), Vanguard (VWCE) · How we measured all 1,431 pairs
- same money
- same companies, extra weight
- only in this fund
What only one of them gives you
Where each fund puts its money
VT and VWCE: what people ask
Is VWCE the same as VT?
Nearly: 89% of the money in VT and VWCE sits in the same companies at the same weights, as of September 30, 2026. The other 11% is weight differences, plus 6,368 names only in VT and 8 only in VWCE.
How much do VT and VWCE overlap?
89% by weight, as of September 30, 2026: nearly the same fund. 3,787 companies appear in both funds; they make up 90% of VT and 100% of VWCE.
Which stocks do VT and VWCE 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 VT and VWCE?
Out of every $100 split evenly between them, about $89 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 6,368 names only in VT, 8 only in VWCE. Half in each behaves like 117 equally weighted stocks, against 128 for VT alone and 107 for VWCE alone. Whether that duplication is a problem depends on the mix you want; this is a description, not advice.
Is VWCE the European version of VT?
Partly: 89% of the money in VWCE and VT is the same, as of September 30, 2026. VWCE is Vanguard FTSE All-World UCITS ETF (USD) Accumulating (ISIN IE00BK5BQT80), an Irish-domiciled UCITS fund on the FTSE All-World index. European brokers generally don't sell US-listed ETFs such as VT to retail clients, because those funds publish no KID (the PRIIPs key information document); UCITS funds do.
Does the VT vs VWCE overlap apply to other tickers?
Yes. VWCE also trades as VWRA (London, USD) and VWRP (London, GBP), and VWRL (ISIN IE00B3RBWM25) is its distributing share class. Each is the same portfolio in another currency, on another exchange or paying its dividends out, so VT vs VWRA also overlaps 89%.
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. 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.