SPMD vs VTI: Holdings Overlap
SPMDState Street® SPDR® Portfolio S&P 400™ Mid Cap ETF
State Street (SPDR) · 399 holdings · $18.5B · as of 2026-08-06
VTIVanguard Total Stock Market Index Fund
Vanguard · 3505 holdings · $696.4B · as of 2026-03-31
Holdings snapshots are 128 days apart (SPMD: 2026-08-06, VTI: 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 SPMD and VTI?
State Street® SPDR® Portfolio S&P 400™ Mid Cap ETF (SPMD, by State Street (SPDR)) holds 399 positions; Vanguard Total Stock Market Index Fund (VTI, by Vanguard) holds 3505. They have 396 holdings in common, and by portfolio weight the two funds are 5.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 5.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 396SPMD holds 399 · VTI holds 3505
- Weight in Shared Holdings
- SPMD 105%·VTI 5%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 SPMD
3 of 399 positions (1.0% of the fund) are not held by VTI.
Sector Breakdown
| Sector | SPMD | VTI |
|---|---|---|
| Information Technology | 15.7% | 30.5% |
| Industrials | 26.0% | 10.4% |
| Financials | 16.1% | 12.7% |
| Consumer Discretionary | 11.7% | 9.8% |
| Health Care | 10.3% | 10.0% |
| Other Sectors | 25.8% | 26.0% |
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 |
|---|---|---|---|---|---|---|---|
| SPMD | +3.1% | +18.5% | +26.0% | +14.6% | +9.1% | +11.3% | 1.19% |
| VTI | +3.3% | +14.6% | +24.2% | +20.9% | +12.3% | +14.9% | 1.02% |
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 SPMD vs VTI →
Shared Holdings(396)
The top 10 shared positions account for 7% of the overlap, led by FTI, UTHR and CW.
 FTITechnipFMC PLC USD1 | 0.76% | 0.04% | 0.04% |
|---|---|---|---|
 UTHRUnited Therapeutics Corporation COM | 0.62% | 0.04% | 0.04% |
 CWCurtiss-Wright Corporation | 0.73% | 0.04% | 0.04% |
 RGLDRoyal Gold, Inc. COM | 0.49% | 0.03% | 0.03% |
 XPOXPO Inc COM | 0.63% | 0.03% | 0.03% |
 WWDWoodward Inc. COM | 0.60% | 0.03% | 0.03% |
 BURLBurlington Stores Inc. COM | 0.64% | 0.03% | 0.03% |
 USFDUS Foods Holding Corp COM | 0.65% | 0.03% | 0.03% |
 MTZMastec, Inc. COM | 0.44% | 0.03% | 0.03% |
 ATIATI Inc COM | 0.84% | 0.03% | 0.03% |
 NVTNVent Electric PLC COM USD0.01 | 0.73% | 0.03% | 0.03% |
 TWLOTwilio, Inc., Class A | 0.81% | 0.03% | 0.03% |
 FNFabrinet COM USD0.01 | 0.54% | 0.03% | 0.03% |
 CRSCarpenter Technology Corporation COM | 0.76% | 0.03% | 0.03% |
 BWXTBWX Technologies Inc. COM | 0.42% | 0.03% | 0.03% |
 PEverpure, Inc., Class A | 0.76% | 0.03% | 0.03% |
 ILMNIllumina Inc COM | 0.81% | 0.03% | 0.03% |
 RBARB Global Inc COM | 0.47% | 0.03% | 0.03% |
 ENTGEntegris Inc COM | 0.60% | 0.03% | 0.03% |
 AAAlcoa Corporation COM | 0.68% | 0.03% | 0.03% |
 RBCRBC Bearings Incorporated | 0.49% | 0.03% | 0.03% |
 NXTNextpower Inc. CLASS A COM | 0.40% | 0.03% | 0.03% |
 OVVOvintiv Inc COM | 0.45% | 0.03% | 0.03% |
 PRPermian Resources Corporation Class A | 0.44% | 0.03% | 0.03% |
 THCTenet Healthcare Corporation COM NEW | 0.61% | 0.03% | 0.03% |
Showing the top 250 of 396 shared holdings by overlap weight.
Frequently Asked Questions
How much do SPMD and VTI overlap?
SPMD and VTI overlap by 5.0% of portfolio weight. They share 396 holdings (SPMD holds 399 positions and VTI holds 3505), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPMD and VTI?
The two portfolios are 5.0% 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 SPMD and VTI?
The largest positions held by both funds are FTI, UTHR, CW, RGLD and XPO. Together the top 10 shared positions account for 7% of the total overlap.
What does SPMD own that VTI doesn't?
3 positions (1.0% of SPMD) are unique to SPMD, led by SN, ALV and LIVN. In the other direction, 3109 positions (94.6% of VTI) are unique to VTI.