VIG vs XLG: Holdings Overlap
VIGVanguard Dividend Appreciation Index Fund
Vanguard · 332 holdings · $113.6B · as of 2026-04-30
Invesco · 51 holdings · $10.7B · as of 2026-04-30
How similar are VIG and XLG?
Vanguard Dividend Appreciation Index Fund (VIG, by Vanguard) holds 332 positions; Invesco S&P 500 Top 50 ETF (XLG, by Invesco) holds 51. They have 30 holdings in common, and by portfolio weight the two funds are 39.5% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 39.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 30VIG holds 332 · XLG holds 51
- Weight in Shared Holdings
- VIG 57%·XLG 50%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 VIG
302 of 332 positions (41.9% of the fund) are not held by XLG. Showing the top 30 by weight.
Sector Breakdown
| Sector | VIG | XLG |
|---|---|---|
| Information Technology | 25.5% | 43.7% |
| Financials | 20.5% | 9.6% |
| Communication Services | 0.0% | 17.0% |
| Health Care | 16.4% | 7.0% |
| Industrials | 12.1% | 1.9% |
| Other Sectors | 24.9% | 20.4% |
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 |
|---|---|---|---|---|---|---|---|
| VIG | +2.7% | +12.5% | +21.0% | +16.3% | +10.9% | +13.2% | 1.46% |
| XLG | +3.7% | +7.2% | +17.9% | +22.2% | +14.3% | +16.6% | 0.63% |
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 VIG vs XLG →
Shared Holdings(30)
The top 10 shared positions account for 62% of the overlap, led by AVGO, AAPL and MSFT.
 AVGOBroadcom Inc COM | 5.18% | 4.83% | 4.83% |
|---|---|---|---|
 AAPLApple Inc. COM | 4.07% | 10.71% | 4.07% |
 MSFTMicrosoft Corp. COM | 3.97% | 8.14% | 3.97% |
 JPMJPMorgan Chase & Co. COM | 3.59% | 2.27% | 2.27% |
 LLYEli Lilly & Co. COM | 3.34% | 1.99% | 1.99% |
 XOMExxon Mobil Corp. COM | 2.90% | 1.73% | 1.73% |
 WMTWalmart Inc COM | 2.60% | 1.56% | 1.56% |
 VVisa, Inc., Class A | 2.33% | 1.49% | 1.49% |
 JNJJohnson & Johnson COM | 2.49% | 1.49% | 1.49% |
 COSTCostco Wholesale Corporation COM | 2.03% | 1.21% | 1.21% |
 CATCaterpillar Inc COM | 1.87% | 1.11% | 1.11% |
 MAMasterCard Incorporated CL A | 1.84% | 1.10% | 1.10% |
 ABBVAbbVie Inc. COM | 1.68% | 1.00% | 1.00% |
 CSCOCisco Systems, Inc. COM | 1.63% | 0.97% | 0.97% |
 BACBank of America Corp. COM | 1.57% | 0.95% | 0.95% |
 PGThe Procter & Gamble Co. COM | 1.54% | 0.92% | 0.92% |
 UNHUnitedHealth Group Inc. COM | 1.51% | 0.90% | 0.90% |
 HDHome Depot, Inc. (The) | 1.47% | 0.88% | 0.88% |
 KOCoca-Cola Co (The) COM | 1.37% | 0.82% | 0.82% |
 GSGoldman Sachs Group, Inc. (The) | 1.19% | 0.74% | 0.74% |
 ORCLOracle Corp. COM | 1.23% | 0.74% | 0.74% |
 MRKMerck & Co., Inc COM | 1.22% | 0.73% | 0.73% |
 TXNTexas Instruments Inc. COM | 1.15% | 0.69% | 0.69% |
 LINLinde PLC COM EUR0.001 | 1.05% | 0.63% | 0.63% |
 PEPPepsico Inc COM | 0.98% | 0.58% | 0.58% |
Frequently Asked Questions
How much do VIG and XLG overlap?
VIG and XLG overlap by 39.5% of portfolio weight. They share 30 holdings (VIG holds 332 positions and XLG holds 51), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VIG and XLG?
The two portfolios are 39.5% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of VIG and XLG?
The largest positions held by both funds are AVGO, AAPL, MSFT, JPM and LLY. Together the top 10 shared positions account for 62% of the total overlap.
What does VIG own that XLG doesn't?
302 positions (41.9% of VIG) are unique to VIG, led by LRCX, KLAC and MS. In the other direction, 21 positions (49.2% of XLG) are unique to XLG.