VBR vs XLY: Holdings Overlap
VBRVanguard Small-cap Value Index Fund
Vanguard · 838 holdings · $38.3B · as of 2026-03-31
XLYState Street® Consumer Discretionary Select Sector SPDR® ETF
State Street (SPDR) · 47 holdings · $23.4B · as of 2026-08-06
Holdings snapshots are 128 days apart (VBR: 2026-03-31, XLY: 2026-08-06). 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 VBR and XLY?
Vanguard Small-cap Value Index Fund (VBR, by Vanguard) holds 838 positions; State Street® Consumer Discretionary Select Sector SPDR® ETF (XLY, by State Street (SPDR)) holds 47. They have 8 holdings in common, and by portfolio weight the two funds are 2.6% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 8VBR holds 838 · XLY holds 47
- Weight in Shared Holdings
- VBR 3%·XLY 4%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 VBR
830 of 838 positions (97.2% of the fund) are not held by XLY. Showing the top 30 by weight.
Sector Breakdown
| Sector | VBR | XLY |
|---|---|---|
| Consumer Discretionary | 10.9% | 99.9% |
| Industrials | 18.8% | 0.0% |
| Financials | 18.7% | 0.0% |
| Real Estate | 9.1% | 0.0% |
| Health Care | 8.4% | 0.0% |
| Other Sectors | 33.4% | 0.0% |
| Unclassified | 0.5% | 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. “Unclassified” is weight we could not classify (1% of VBR, 0% of XLY).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| VBR | +3.1% | +19.2% | +28.7% | +15.4% | +10.0% | +10.8% | 1.73% |
| XLY | +2.1% | +0.8% | +8.1% | +12.3% | +6.7% | +12.6% | 0.75% |
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 VBR vs XLY →
Shared Holdings(8)
The top 8 shared positions account for 100% of the overlap, led by TPR, WSM and BBY.
 TPRTapestry Inc COM | 0.69% | 0.81% | 0.69% |
|---|---|---|---|
 WSMWilliams-Sonoma Inc. COM | 0.53% | 0.72% | 0.53% |
 BBYBest Buy Co Inc. COM | 0.31% | 0.39% | 0.31% |
 HASHasbro Inc COM | 0.32% | 0.30% | 0.30% |
 APTVAptiv PLC COM SHS | 0.36% | 0.24% | 0.24% |
 GPCGenuine Parts Co COM | 0.18% | 0.45% | 0.18% |
 MGMMGM Resorts International COM | 0.16% | 0.21% | 0.16% |
 RLRalph Lauren Corp., Class A | 0.15% | 0.38% | 0.15% |
Frequently Asked Questions
How much do VBR and XLY overlap?
VBR and XLY overlap by 2.6% of portfolio weight. They share 8 holdings (VBR holds 838 positions and XLY holds 47), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VBR and XLY?
The two portfolios are 2.6% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of VBR and XLY?
The largest positions held by both funds are TPR, WSM, BBY, HAS and APTV. Together the top 8 shared positions account for 100% of the total overlap.
What does VBR own that XLY doesn't?
830 positions (97.2% of VBR) are unique to VBR, led by NRG, ATO and JBL. In the other direction, 39 positions (96.4% of XLY) are unique to XLY.