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

overlapfull holdings, by weight
89%of each fund is money the other holds at the same weight, across 3,787 shared companies.
VT
89%10%
VWCE
89%10%
  • 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 3,787
companyVTVWCE
NVIDIA Corp logoNVDANVIDIA Corp4.52%5.01%
Apple Inc logoAAPLApple Inc4.08%4.52%
232330Taiwan Semiconductor Manufacturing Co Ltd1.62%1.78%
Alphabet Inc logoGOOGAlphabet Inc1.35%1.49%
Tesla Inc logoTSLATesla Inc0.88%0.97%
00005930Samsung Electronics Co Ltd0.77%0.86%
02Different

What only one of them gives you

only in VT6,368 names
TETEAMAtlassian Corp0.02%
FTFTITechnipFMC PLC0.02%
NVNVTnVent Electric PLC0.02%
ATATIATI Inc0.02%
ENENTGEntegris Inc0.02%
GHGHGuardant Health Inc0.02%
UTUTHRUnited Therapeutics Corp0.02%
only in VWCE8 names
XYXYZBLOCK INC - CDI0.00%
SASAGABSagax AB0.00%
BBBBL-RBANGKOK BANK PUBLIC CO-NVDR0.00%
TRTRUE-RTRUE CORP PCL/NEW-NVDR0.00%
BDBDMS-RBANGKOK DUSIT MED SERVI-NVDR0.00%
ERERICATelefonaktiebolaget LM Ericsson0.00%
GUGULF-RGULF DEVELOPMENT PCL-NVDR0.00%
00000725HYUNDAI ENGIN & CONST-PREF0.00%
03Sectors

Where each fund puts its money

sectorsVT vs VWCE, share of each fund
Information Technology30.57%32.64%
Financials15.48%16.15%
Industrials10.80%10.39%
Health Care8.33%8.22%
Consumer Discretionary8.21%8.33%
Communication Services7.26%7.82%
Consumer Staples4.26%4.55%
Energy3.78%3.89%
Materials3.70%3.64%
Utilities2.20%2.30%
Real Estate1.98%1.64%
Not classified1.85%0.00%
04Questions

VT and VWCE: what people ask

questions7 answered

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.

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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.