MGV vs VTV: Holdings Overlap
MGVVanguard Mega Cap Value Index Fund
Vanguard · 120 holdings · $13.6B · as of 2026-05-31
Vanguard · 311 holdings · $191.4B · as of 2026-03-31
Holdings snapshots are 61 days apart (MGV: 2026-05-31, VTV: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are MGV and VTV?
Vanguard Mega Cap Value Index Fund (MGV, by Vanguard) holds 120 positions; Vanguard Value Index Fund (VTV, by Vanguard) holds 311. They have 113 holdings in common, and by portfolio weight the two funds are 73.0% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 73.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 113MGV holds 120 · VTV holds 311
- Weight in Shared Holdings
- MGV 95%·VTV 74%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 MGV
7 of 120 positions (4.1% of the fund) are not held by VTV.
Sector Breakdown
| Sector | MGV | VTV |
|---|---|---|
| Financials | 21.6% | 21.9% |
| Information Technology | 18.0% | 9.9% |
| Health Care | 15.9% | 15.3% |
| Industrials | 13.6% | 14.4% |
| Consumer Staples | 11.0% | 9.5% |
| Other Sectors | 18.3% | 27.8% |
| Unclassified | 1.1% | 0.6% |
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. “Unclassified” is weight we could not classify (1% of MGV, 1% of VTV).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| MGV | +1.6% | +19.3% | +30.6% | +18.7% | +13.1% | +13.0% | 1.83% |
| VTV | +2.2% | +18.7% | +29.5% | +18.0% | +12.5% | +12.6% | 1.82% |
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 MGV vs VTV →
Shared Holdings(113)
The top 10 shared positions account for 29% of the overlap, led by BRK-B, JPM and XOM.
 BRK-BBerkshire Hathaway, Inc., Class B | 3.15% | 3.06% | 3.06% |
|---|---|---|---|
 JPMJPMorgan Chase & Co. COM | 3.64% | 3.03% | 3.03% |
 XOMExxon Mobil Corp. COM | 2.91% | 2.90% | 2.90% |
 JNJJohnson & Johnson COM | 2.61% | 2.41% | 2.41% |
 WMTWalmart Inc COM | 2.44% | 2.23% | 2.23% |
 CVXChevron Corp. COM | 1.66% | 1.61% | 1.61% |
 ABBVAbbVie Inc. COM | 1.85% | 1.58% | 1.58% |
 MUMicron Technology Inc. COM | 5.26% | 1.56% | 1.56% |
 PGThe Procter & Gamble Co. COM | 1.60% | 1.38% | 1.38% |
 CATCaterpillar Inc COM | 1.96% | 1.35% | 1.35% |
 HDHome Depot, Inc. (The) | 1.52% | 1.34% | 1.34% |
 BACBank of America Corp. COM | 1.60% | 1.23% | 1.23% |
 MRKMerck & Co., Inc COM | 1.41% | 1.22% | 1.22% |
 CSCOCisco Systems, Inc. COM | 2.06% | 1.13% | 1.13% |
 KOCoca-Cola Co (The) COM | 1.31% | 1.07% | 1.07% |
 RTXRTX Corp. COM | 1.16% | 1.06% | 1.06% |
 PMPhilip Morris International Inc. COM | 1.33% | 1.05% | 1.05% |
 WFCWells Fargo & Co. COM | 1.15% | 1.01% | 1.01% |
 UNHUnitedHealth Group Inc. COM | 1.66% | 1.00% | 1.00% |
 GSGoldman Sachs Group, Inc. (The) | 1.39% | 0.98% | 0.98% |
 LINLinde PLC COM EUR0.001 | 1.11% | 0.94% | 0.94% |
 IBMInternational Business Machines Corp. COM | 1.34% | 0.93% | 0.93% |
 PEPPepsico Inc COM | 0.95% | 0.87% | 0.87% |
 TAT&T Inc COM | 0.83% | 0.83% | 0.83% |
 MSMorgan Stanley COM NEW | 1.19% | 0.80% | 0.80% |
Frequently Asked Questions
How much do MGV and VTV overlap?
MGV and VTV overlap by 73.0% of portfolio weight. They share 113 holdings (MGV holds 120 positions and VTV holds 311), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MGV and VTV?
The two portfolios are 73.0% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of MGV and VTV?
The largest positions held by both funds are BRK-B, JPM, XOM, JNJ and WMT. Together the top 10 shared positions account for 29% of the total overlap.
What does MGV own that VTV doesn't?
7 positions (4.1% of MGV) are unique to MGV, led by COST, SBUX and SYK. In the other direction, 198 positions (25.3% of VTV) are unique to VTV.