etf overlap tool · nearly the same fund
VT vs XAW overlap
87% of VT and XAW is the same money, spread over 6,534 companies both funds hold.
Holdings as of September 30, 2026 · source: Vanguard (VT), iShares (XAW) · How we measured all 1,431 pairs
- same money
- same companies, extra weight
- only in this fund
XAW holds other funds, not stocks: iShares Canada publishes every security behind them, and those are the lines compared here. Its file gives a ticker and a country but no ISIN; 99.8% of its stock money was matched to one.
Hold VT and XAW with other funds or stocks? The free portfolio optimizer opens VT and XAW beside the rest of what you own: the companies you hold twice, what the funds cost a year, and where the next deposit should go. No account.
The companies you would own twice
GOOGAlphabet Inc1.35%1.23%
What only one of them gives you
SHOPShopify Inc0.15%Where each fund puts its money
VT and XAW: what people ask
Is XAW the same as VT?
Nearly: 87% of the money in VT and XAW sits in the same companies at the same weights, as of September 30, 2026. The other 13% is weight differences, plus 3,621 names only in VT and 1,432 only in XAW.
How much do VT and XAW overlap?
87% by weight, as of September 30, 2026: nearly the same fund. 6,534 companies appear in both funds; they make up 94% of VT and 98% of XAW.
Which stocks do VT and XAW both hold?
The largest shared positions are AAPL, NVDA, MSFT, AMZN and 2330. Ranked by the smaller of the two weights, which is the part you would own twice.
Is it redundant to hold both VT and XAW?
Out of every $100 split evenly between them, about $87 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 3,621 names only in VT, 1,432 only in XAW. Half in each behaves like 127 equally weighted stocks, against 128 for VT alone and 124 for XAW alone. 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 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.
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.