IVV vs SMH: Holdings Overlap
iShares · 503 holdings · $901.0B · as of 2026-03-31
VanEck · 25 holdings · $71.5B · as of 2026-03-31
How similar are IVV and SMH?
iShares Core S&P 500 ETF (IVV, by iShares) holds 503 positions; VanEck Semiconductor ETF (SMH, by VanEck) holds 25. They have 19 holdings in common, and by portfolio weight the two funds are 14.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 14.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 19IVV holds 503 · SMH holds 25
- Weight in Shared Holdings
- IVV 15%·SMH 79%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in IVV
484 of 503 positions (85.2% of the fund) are not held by SMH. Showing the top 30 by weight.
Sector Breakdown
| Sector | IVV | SMH |
|---|---|---|
| Information Technology | 32.6% | 99.9% |
| Financials | 12.6% | 0.0% |
| Communication Services | 10.5% | 0.0% |
| Consumer Discretionary | 9.8% | 0.0% |
| Health Care | 9.4% | 0.0% |
| Other Sectors | 24.8% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IVV | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.05% |
| SMH | +0.2% | +61.8% | +100.8% | +55.9% | +34.9% | +34.9% | 0.19% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in IVV vs SMH →
Shared Holdings(19)
The top 10 shared positions account for 94% of the overlap, led by NVDA, AVGO and MU.
 NVDANVIDIA Corp. | 7.56% | 19.64% | 7.56% |
|---|---|---|---|
 AVGOBroadcom, Inc. | 2.62% | 7.79% | 2.62% |
 MUMicron Technology, Inc. | 0.68% | 4.23% | 0.68% |
 AMDAdvanced Micro Devices, Inc. | 0.59% | 4.68% | 0.59% |
 AMATApplied Materials, Inc. | 0.48% | 4.59% | 0.48% |
 LRCXLam Research Corp. | 0.48% | 4.60% | 0.48% |
 INTCIntel Corp. | 0.37% | 4.34% | 0.37% |
 KLACKLA Corp. | 0.34% | 4.74% | 0.34% |
 TXNTexas Instruments, Inc. | 0.31% | 4.61% | 0.31% |
 ADIAnalog Devices, Inc. | 0.28% | 4.70% | 0.28% |
 QCOMQUALCOMM, Inc. | 0.25% | 4.09% | 0.25% |
 SNPSSynopsys, Inc. | 0.14% | 2.50% | 0.14% |
 CDNSCadence Design Systems, Inc. | 0.14% | 2.43% | 0.14% |
 MPWRMonolithic Power Systems, Inc. | 0.10% | 1.23% | 0.10% |
 NXPINXP Semiconductors NV | 0.09% | 1.24% | 0.09% |
 TERTeradyne, Inc. | 0.08% | 1.41% | 0.08% |
 MCHPMicrochip Technology, Inc. | 0.06% | 1.00% | 0.06% |
 ONON Semiconductor Corp. | 0.04% | 0.60% | 0.04% |
 SWKSSkyworks Solutions, Inc. | 0.01% | 0.21% | 0.01% |
Frequently Asked Questions
How much do IVV and SMH overlap?
IVV and SMH overlap by 14.6% of portfolio weight. They share 19 holdings (IVV holds 503 positions and SMH holds 25), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IVV and SMH?
The two portfolios are 14.6% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of IVV and SMH?
The largest positions held by both funds are NVDA, AVGO, MU, AMD and AMAT. Together the top 10 shared positions account for 94% of the total overlap.
What does IVV own that SMH doesn't?
484 positions (85.2% of IVV) are unique to IVV, led by AAPL, MSFT and AMZN. In the other direction, 6 positions (21.3% of SMH) are unique to SMH.