etf overlap · little overlap

VUG vs VNQ overlap

1.0% of VUG and VNQ is the same money, spread over 5 companies both funds hold.

Holdings as of August 31, 2026 · source: Vanguard (VUG), Vanguard (VNQ)

overlapfull holdings, by weight
1.0%of each fund is money the other holds at the same weight, across 5 shared companies.
VUG
99%
VNQ
18%81%
  • 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 5 of 5
companyVUGVNQ
Equinix Inc logoEQIXEquinix Inc0.29%5.45%
OORealty Income Corp0.09%3.00%
CSCSGPCoStar Group Inc0.04%0.69%
02Different

What only one of them gives you

only in VUG142 names
Alphabet Inc logoGOOGAlphabet Inc4.20%
only in VNQ135 names
VRVRTPXVanguard Real Estate II Index Fund14.52%
AMAMTAmerican Tower Corp4.32%
SPSPGSimon Property Group Inc3.64%
DLDLRDigital Realty Trust Inc3.63%
VMVMRKVivmark Residential2.46%
03Sectors

Where each fund puts its money

sectorsVUG vs VNQ, share of each fund
Real Estate0.00%73.50%
Not classified99.77%25.73%
04Questions

VUG and VNQ: what people ask

questions4 answered

How much do VUG and VNQ overlap?

1.0% by weight, as of August 31, 2026: little overlap. 5 companies appear in both funds; they make up 1.0% of VUG and 19% of VNQ.

Which stocks do VUG and VNQ both hold?

The largest shared positions are WELL, EQIX, O, SBAC and CSGP. Ranked by the smaller of the two weights, which is the part you would own twice.

Is it redundant to hold both VUG and VNQ?

Out of every $100 split evenly between them, about $1 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 142 names only in VUG, 135 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.

Hold VUG and VNQ?Import your positions and see what your funds hold together, company by company, with the fees you pay on each.Import my portfolio

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.