etf overlap tool · light overlap
VYM vs XLI overlap
11% of VYM and XLI is the same money, spread over 42 companies both funds hold.
Holdings as of September 30, 2026 · source: Vanguard (VYM), SPDR (XLI) · How we measured all 1,431 pairs
- same money
- same companies, extra weight
- only in this fund
Hold VYM and XLI with other funds or stocks? The free portfolio optimizer opens VYM and XLI 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.
The companies you would own twice
What only one of them gives you
Where each fund puts its money
VYM and XLI: what people ask
How much do VYM and XLI overlap?
11% by weight, as of September 30, 2026: light overlap. 42 companies appear in both funds; they make up 11% of VYM and 51% of XLI.
Which stocks do VYM and XLI both hold?
The largest shared positions are CAT, RTX, ETN, UNP and ADP. Ranked by the smaller of the two weights, which is the part you would own twice.
Is it redundant to hold both VYM and XLI?
Out of every $100 split evenly between them, about $11 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 551 names only in VYM, 41 only in XLI. Half in each behaves like 92 equally weighted stocks, against 75 for VYM alone and 41 for XLI 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.