VIOV vs SLYV: Holdings Overlap
VIOVVanguard S&P Small-cap 600 Value Index Fund
Vanguard · 460 holdings · $1.9B · as of 2026-05-31
SLYVState Street® SPDR® S&P 600™ Small Cap Value ETF
State Street (SPDR) · 462 holdings · $5.1B · as of 2026-08-06
Holdings snapshots are 67 days apart (VIOV: 2026-05-31, SLYV: 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 VIOV and SLYV?
Vanguard S&P Small-cap 600 Value Index Fund (VIOV, by Vanguard) holds 460 positions; State Street® SPDR® S&P 600™ Small Cap Value ETF (SLYV, by State Street (SPDR)) holds 462. They have 435 holdings in common, and by portfolio weight the two funds are 88.1% identical. In practical terms the pair is essentially interchangeable, so holding both adds little diversification.
- Overlap by Weight
- 88.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 435VIOV holds 460 · SLYV holds 462
- Weight in Shared Holdings
- VIOV 96%·SLYV 93%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 VIOV
25 of 460 positions (3.5% of the fund) are not held by SLYV.
Sector Breakdown
| Sector | VIOV | SLYV |
|---|---|---|
| Financials | 21.0% | 22.1% |
| Consumer Discretionary | 14.9% | 15.7% |
| Information Technology | 13.3% | 11.8% |
| Industrials | 12.6% | 13.2% |
| Health Care | 7.4% | 6.5% |
| Other Sectors | 30.3% | 29.6% |
| Unclassified | 0.0% | 1.0% |
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 (0% of VIOV, 1% of SLYV).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| VIOV | +3.7% | +23.2% | +39.7% | +13.8% | +8.4% | +10.4% | 1.64% |
| SLYV | +3.6% | +23.2% | +39.5% | +13.6% | +8.2% | +10.3% | 1.78% |
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 VIOV vs SLYV →
Shared Holdings(435)
The top 10 shared positions account for 9% of the overlap, led by MTCH, EMN and JXN.
 MTCHMatch Group Inc COM | 0.99% | 0.92% | 0.92% |
|---|---|---|---|
 EMNEastman Chemical Company COM | 1.01% | 0.90% | 0.90% |
 JXNJackson Financial, Inc., Class A | 0.85% | 1.00% | 0.85% |
 PAYCPaycom Software Inc COM | 0.80% | 0.96% | 0.80% |
 KMXCarmax Inc COM | 0.74% | 0.88% | 0.74% |
 SMSM Energy Co. COM | 0.81% | 0.70% | 0.70% |
 LWLamb Weston Holdings Inc COM | 0.70% | 0.76% | 0.70% |
 LNCLincoln National Corp. COM | 0.70% | 0.85% | 0.70% |
 LKQLKQ Corporation COM | 0.81% | 0.67% | 0.67% |
 MATXMatson Inc COM | 0.66% | 0.67% | 0.66% |
 TFXTeleflex Incorporated COM | 0.66% | 0.66% | 0.66% |
 CZRCaesars Entertainment Inc. COM | 0.69% | 0.66% | 0.66% |
 MHKMohawk Industries, Inc. COM | 0.65% | 0.73% | 0.65% |
 AUBAtlantic Union Bankshares Corp COM | 0.62% | 0.64% | 0.62% |
 RITMRithm Capital Corp. COM NEW | 0.60% | 0.59% | 0.59% |
 VSNTVersant Media Group Inc. COM CL A | 0.73% | 0.58% | 0.58% |
 MGYMagnolia Oil & Gas Corporation CL A | 0.58% | 0.61% | 0.58% |
 ENPHEnphase Energy Inc COM | 1.04% | 0.56% | 0.56% |
 VSXYVictorias Secret and Co COMMON STOCK | 0.51% | 0.80% | 0.51% |
 MTHMeritage Homes Corp COM | 0.51% | 0.52% | 0.51% |
 KLICKulicke and Soffa Industries, Inc. COM | 0.62% | 0.51% | 0.51% |
 RUSHARush Enterprises, Inc., Class A | 0.49% | 0.52% | 0.49% |
 VSHVishay Intertechnology, Inc. COM | 0.75% | 0.49% | 0.49% |
 CNRCore Natural Resources Inc. COM SHS | 0.53% | 0.49% | 0.49% |
 DIODDiodes Incorporated COM | 0.56% | 0.48% | 0.48% |
Showing the top 250 of 435 shared holdings by overlap weight.
Frequently Asked Questions
How much do VIOV and SLYV overlap?
VIOV and SLYV overlap by 88.1% of portfolio weight. They share 435 holdings (VIOV holds 460 positions and SLYV holds 462), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VIOV and SLYV?
The two portfolios are 88.1% identical by weight. Owning both is largely redundant: they are close to the same portfolio, so a second position mostly duplicates the first.
What are the biggest shared holdings of VIOV and SLYV?
The largest positions held by both funds are MTCH, EMN, JXN, PAYC and KMX. Together the top 10 shared positions account for 9% of the total overlap.
What does VIOV own that SLYV doesn't?
25 positions (3.5% of VIOV) are unique to VIOV, led by MOH, SMTC and Gates Industrial Corp PLC COM USD0.01. In the other direction, 27 positions (7.0% of SLYV) are unique to SLYV.