SMH vs VIG: Holdings Overlap
VanEck · 25 holdings · $71.5B · as of 2026-03-31
VIGVanguard Dividend Appreciation Index Fund
Vanguard · 332 holdings · $113.6B · as of 2026-04-30
Holdings snapshots are 30 days apart (SMH: 2026-03-31, VIG: 2026-04-30). 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 SMH and VIG?
VanEck Semiconductor ETF (SMH, by VanEck) holds 25 positions; Vanguard Dividend Appreciation Index Fund (VIG, by Vanguard) holds 332. They have 7 holdings in common, and by portfolio weight the two funds are 10.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 7SMH holds 25 · VIG holds 332
- Weight in Shared Holdings
- SMH 32%·VIG 11%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 SMH
18 of 25 positions (68.4% of the fund) are not held by VIG.
Sector Breakdown
| Sector | SMH | VIG |
|---|---|---|
| Information Technology | 99.9% | 25.5% |
| Financials | 0.0% | 20.5% |
| Health Care | 0.0% | 16.4% |
| Industrials | 0.0% | 12.1% |
| Consumer Staples | 0.0% | 10.2% |
| Other Sectors | 0.0% | 14.7% |
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 |
|---|---|---|---|---|---|---|---|
| SMH | +0.2% | +61.8% | +100.8% | +55.9% | +34.9% | +34.9% | 0.19% |
| VIG | +2.7% | +12.5% | +21.0% | +16.3% | +10.9% | +13.2% | 1.46% |
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 SMH vs VIG →
Shared Holdings(7)
The top 7 shared positions account for 100% of the overlap, led by AVGO, LRCX and TXN.
 AVGOBroadcom Inc COM | 7.79% | 5.18% | 5.18% |
|---|---|---|---|
 LRCXLam Research Corporation COM NEW | 4.60% | 1.45% | 1.45% |
 TXNTexas Instruments Inc. COM | 4.61% | 1.15% | 1.15% |
 KLACKLA Corp. COM NEW | 4.74% | 1.03% | 1.03% |
 ADIAnalog Devices Inc. COM | 4.70% | 0.89% | 0.89% |
 QCOMQUALCOMM Inc. COM | 4.09% | 0.86% | 0.86% |
 MCHPMicrochip Technology Incorporated COM | 1.00% | 0.23% | 0.23% |
Frequently Asked Questions
How much do SMH and VIG overlap?
SMH and VIG overlap by 10.8% of portfolio weight. They share 7 holdings (SMH holds 25 positions and VIG holds 332), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SMH and VIG?
The two portfolios are 10.8% 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 SMH and VIG?
The largest positions held by both funds are AVGO, LRCX, TXN, KLAC and ADI. Together the top 7 shared positions account for 100% of the total overlap.
What does SMH own that VIG doesn't?
18 positions (68.4% of SMH) are unique to SMH, led by NVDA, TSM and ASML. In the other direction, 325 positions (88.5% of VIG) are unique to VIG.