etf overlap · little overlap

VWO vs CNDX overlap

0.2% of VWO and CNDX is the same money, spread over 1 companies both funds hold.

Holdings as of August 31, 2026 · source: Vanguard (VWO), iShares (CNDX) · How we measured all 1,431 pairs

overlapfull holdings, by weight
0.2%of each fund is money the other holds at the same weight, across 1 shared company.
VWO
99%
CNDX
100%
  • 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 1 of 1
companyVWOCNDX
PDPDDPDD HOLDINGS INC0.52%0.23%
02Different

What only one of them gives you

only in VWO4,995 names
232330Taiwan Semiconductor Manufacturing Co Ltd14.68%
70700Tencent Holdings Ltd2.89%
999988Alibaba Group Holding Ltd2.18%
242454MediaTek Inc1.46%
232308Delta Electronics Inc0.90%
93939China Construction Bank Corp0.86%
232317Hon Hai Precision Industry Co Ltd0.77%
RERELIANCEReliance Industries Ltd0.72%
only in CNDX100 names
03Sectors

Where each fund puts its money

sectorsVWO vs CNDX, share of each fund
Information Technology29.37%58.16%
Communication Services5.93%15.02%
Consumer Discretionary8.46%10.44%
Financials18.12%0.20%
Industrials5.79%3.24%
Consumer Staples2.91%6.11%
Materials6.87%0.97%
Health Care3.24%4.25%
Energy3.35%0.47%
Utilities2.20%1.10%
Real Estate1.63%0.00%
Not classified7.20%0.00%
04Questions

VWO and CNDX: what people ask

questions6 answered

How much do VWO and CNDX overlap?

0.2% by weight, as of August 31, 2026: little overlap. 1 companies appear in both funds; they make up 0.5% of VWO and 0.2% of CNDX.

Which stocks do VWO and CNDX both hold?

The largest shared positions are PDD. Ranked by the smaller of the two weights, which is the part you would own twice.

Is it redundant to hold both VWO and CNDX?

Out of every $100 split evenly between them, about $0 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 4,995 names only in VWO, 100 only in CNDX. Half in each behaves like 68 equally weighted stocks, against 37 for VWO alone and 31 for CNDX alone. Whether that duplication is a problem depends on the mix you want; this is a description, not advice.

What is CNDX, next to VWO?

CNDX is iShares Nasdaq 100 UCITS ETF (ISIN IE00B53SZB19), an Irish-domiciled UCITS fund on the Nasdaq-100 index. Next to VWO, 0.2% of the money is the same, spread over 1 companies both hold, as of August 31, 2026.

Does the VWO vs CNDX overlap apply to other tickers?

Yes. 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 VWO vs SXRV also overlaps 0.2%.

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.

Hold VWO and CNDX?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.