etf overlap tool · light overlap
VYM vs XLF overlap
18% of VYM and XLF is the same money, spread over 51 companies both funds hold.
Holdings as of September 30, 2026 · source: Vanguard (VYM), SPDR (XLF) · 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
Where each fund puts its money
VYM and XLF: what people ask
How much do VYM and XLF overlap?
18% by weight, as of September 30, 2026: light overlap. 51 companies appear in both funds; they make up 18% of VYM and 56% of XLF.
Which stocks do VYM and XLF both hold?
The largest shared positions are JPM, BAC, GS, WFC and C. Ranked by the smaller of the two weights, which is the part you would own twice.
Is it redundant to hold both VYM and XLF?
Out of every $100 split evenly between them, about $18 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 542 names only in VYM, 25 only in XLF. Half in each behaves like 51 equally weighted stocks, against 75 for VYM alone and 19 for XLF 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 SPDR 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.