etf overlap · heavy overlap
VUAA vs CNDX overlap
56% of VUAA and CNDX is the same money, spread over 86 companies both funds hold.
Holdings as of September 30, 2026 · source: Vanguard (VUAA), iShares (CNDX) · How we measured all 1,431 pairs
- same money
- same companies, extra weight
- only in this fund
The companies you would own twice
What only one of them gives you
SHOPSHOPIFY SUBORDINATE VOTING CLASS A0.89%Where each fund puts its money
VUAA and CNDX: what people ask
How much do VUAA and CNDX overlap?
56% by weight, as of September 30, 2026: heavy overlap. 86 companies appear in both funds; they make up 56% of VUAA and 93% of CNDX.
Which stocks do VUAA and CNDX 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 VUAA and CNDX?
Out of every €100 split evenly between them, about €56 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 417 names only in VUAA, 15 only in CNDX. Half in each behaves like 39 equally weighted stocks, against 43 for VUAA alone and 31 for CNDX alone. Whether that duplication is a problem depends on the mix you want; this is a description, not advice.
Do VUAA and CNDX track the same index?
No. VUAA (ISIN IE00BFMXXD54) tracks the S&P 500 index, CNDX (ISIN IE00B53SZB19) the Nasdaq-100. As of September 30, 2026, 417 companies are only in VUAA (44% of the fund) and 15 only in CNDX (7.0% of it).
Does the VUAA vs CNDX overlap apply to other tickers?
Yes. VUAA also trades as VUAG (London, GBP), and VUSA (ISIN IE00B3XXRP09) is its distributing share class. CNDX also trades as CNX1 (London, GBP), SXRV (Xetra, EUR) and CSNDX (Borsa Italiana, EUR). Each is the same portfolio in another currency, on another exchange or paying its dividends out, so VUAG vs SXRV also overlaps 56%.
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.