etf overlap tool · light overlap

VTV vs IWF overlap

12% of VTV and IWF is the same money, spread over 74 companies both funds hold.

Holdings as of September 30, 2026 · source: Vanguard (VTV), iShares (IWF) · How we measured all 1,431 pairs

overlapfull holdings, by weight

12%of each fund is money the other holds at the same weight, across 74 shared companies.

VTV

12%68%

32% in IWF

IWF

12%87%

13% in VTV

same money
same companies, extra weight
only in this fund

Hold VTV and IWF with other funds or stocks? The free portfolio optimizer opens VTV and IWF 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.

01Shared

The companies you would own twice

held by bothtop 15 of 74

companyVTVIWF

MUMicron Technology Inc4.56%3.00%

CATCaterpillar Inc1.41%1.01%

HDHome Depot Inc/The1.08%0.69%

GEGeneral Electric Co0.61%0.98%

AMGNAmgen Inc0.86%0.50%

TXNTexas Instruments Inc0.48%0.76%

LMLMTLockheed Martin Corp0.45%0.34%

MCMCKMcKesson Corp0.38%0.33%

TTTrane Technologies PLC0.38%0.31%

MPCMarathon Petroleum Corp0.42%0.22%

ADBEAdobe Inc0.36%0.21%

SPSPGSimon Property Group Inc0.23%0.20%

ROSTRoss Stores Inc0.28%0.20%

COCORCencora Inc0.21%0.19%

AMAMTAmerican Tower Corp0.29%0.17%

02Different

What only one of them gives you

only in VTV224 names

JPMJPMorgan Chase & Co3.33%

BRK-BBerkshire Hathaway Inc2.92%

XOMExxonMobil Holdings Corp2.56%

JNJJohnson & Johnson2.42%

CVXChevron Corp1.45%

CSCOCisco Systems Inc1.45%

MRKMerck & Co Inc1.36%

PGProcter & Gamble Co/The1.28%

only in IWF297 names

NVDANVIDIA15.14%

AAPLAPPLE8.15%

GOOGLALPHABET CLASS A6.01%

MSFTMICROSOFT5.95%

GOOGALPHABET CLASS C4.85%

AVGOBROADCOM INC4.63%

METAMETA PLATFORMS CLASS A3.86%

TSLATESLA INC3.14%

03Sectors

Where each fund puts its money

sectorsVTV vs IWF, share of each fund

Information Technology12.79%54.31%

Financials22.69%5.03%

Health Care16.80%5.92%

Industrials14.13%7.37%

Communication Services2.97%16.83%

Consumer Discretionary3.80%7.61%

Consumer Staples8.71%1.31%

Energy8.15%0.59%

Utilities4.21%0.27%

Materials3.22%0.26%

Real Estate2.47%0.41%

04Questions

VTV and IWF: what people ask

questions4 answered

How much do VTV and IWF overlap?

12% by weight, as of September 30, 2026: light overlap. 74 companies appear in both funds; they make up 32% of VTV and 13% of IWF.

Which stocks do VTV and IWF both hold?

The largest shared positions are MU, CAT, HD, GE and AMGN. Ranked by the smaller of the two weights, which is the part you would own twice.

Is it redundant to hold both VTV and IWF?

Out of every $100 split evenly between them, about $12 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 224 names only in VTV, 297 only in IWF. Half in each behaves like 64 equally weighted stocks, against 97 for VTV alone and 21 for IWF 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.

Hold VTV and IWF?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.