etf overlap · little overlap

Vanguard FTSE Emerging Markets ETF logoHealth Care Select Sector SPDR logoVWO vs XLV overlap

VWO and XLV hold no company in common.

Holdings as of August 31, 2026 · source: Vanguard (VWO), SPDR (XLV)

overlapfull holdings, by weight
0.0%of each fund is money the other holds at the same weight, across 0 shared companies.
VWO
100%
XLV
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.
01Different

What only one of them gives you

only in VWO4,996 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 XLV62 names
02Sectors

Where each fund puts its money

sectorsVWO vs XLV, share of each fund
Health Care3.24%99.75%
Information Technology29.37%0.00%
Financials18.12%0.00%
Consumer Discretionary8.46%0.00%
Materials6.87%0.00%
Communication Services5.92%0.00%
Industrials5.79%0.00%
Energy3.35%0.00%
Consumer Staples2.91%0.00%
Utilities2.20%0.00%
Real Estate1.63%0.00%
Not classified7.22%0.00%
03Questions

VWO and XLV: what people ask

questions4 answered

How much do VWO and XLV overlap?

0.0% by weight, as of August 31, 2026: little overlap. 0 companies appear in both funds; they make up 0.0% of VWO and 0.0% of XLV.

Which stocks do VWO and XLV both hold?

None. VWO and XLV have no holding in common.

Is it redundant to hold both VWO and XLV?

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: 4,996 names only in VWO, 62 only in XLV. 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 SPDR publish, not a top-10 sample, and companies are matched by their ISIN so share classes stay apart.

Hold VWO and XLV?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.