VIOV vs XME: Holdings Overlap
VIOVVanguard S&P Small-cap 600 Value Index Fund
Vanguard · 460 holdings · $1.9B · as of 2026-05-31
XMEState Street® SPDR® S&P® Metals & Mining ETF
State Street (SPDR) · 39 holdings · $4.0B · as of 2026-08-06
Holdings snapshots are 67 days apart (VIOV: 2026-05-31, XME: 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 XME?
Vanguard S&P Small-cap 600 Value Index Fund (VIOV, by Vanguard) holds 460 positions; State Street® SPDR® S&P® Metals & Mining ETF (XME, by State Street (SPDR)) holds 39. They have 9 holdings in common, and by portfolio weight the two funds are 2.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 9VIOV holds 460 · XME holds 39
- Weight in Shared Holdings
- VIOV 2%·XME 24%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
451 of 460 positions (97.1% of the fund) are not held by XME. Showing the top 30 by weight.
Sector Breakdown
| Sector | VIOV | XME |
|---|---|---|
| Materials | 6.0% | 76.0% |
| Financials | 21.0% | 0.0% |
| Energy | 7.3% | 20.5% |
| Consumer Discretionary | 14.9% | 0.0% |
| Information Technology | 13.3% | 0.0% |
| Other Sectors | 37.0% | 0.0% |
| Unclassified | 0.0% | 3.4% |
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. “Unclassified” is weight we could not classify (0% of VIOV, 3% of XME).
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% |
| XME | +12.9% | +11.8% | +49.0% | +31.5% | +22.7% | +16.4% | 0.32% |
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 XME →
Shared Holdings(9)
The top 9 shared positions account for 100% of the overlap, led by CNR, BTU and KALU.
 CNRCore Natural Resources Inc. COM SHS | 0.53% | 4.02% | 0.53% |
|---|---|---|---|
 BTUPeabody Energy Corp. COM | 0.38% | 3.32% | 0.38% |
 KALUKaiser Aluminium Corporation COM PAR $0.01 | 0.34% | 2.49% | 0.34% |
 HCCWarrior Met Coal Inc COM | 0.33% | 3.84% | 0.33% |
 AMRAlpha Metallurgical Resources Inc COM | 0.25% | 1.87% | 0.25% |
 MTRNMaterion Corp COM | 0.24% | 3.82% | 0.24% |
 WSWorthington Steel Inc. COM SHS | 0.16% | 0.64% | 0.16% |
 CENXCentury Aluminum Company COM | 0.16% | 3.17% | 0.16% |
 MTUSMetallus Inc. COM | 0.08% | 0.46% | 0.08% |
Frequently Asked Questions
How much do VIOV and XME overlap?
VIOV and XME overlap by 2.5% of portfolio weight. They share 9 holdings (VIOV holds 460 positions and XME holds 39), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VIOV and XME?
The two portfolios are 2.5% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of VIOV and XME?
The largest positions held by both funds are CNR, BTU, KALU, HCC and AMR. Together the top 9 shared positions account for 100% of the total overlap.
What does VIOV own that XME doesn't?
451 positions (97.1% of VIOV) are unique to VIOV, led by ENPH, MOH and EMN. In the other direction, 30 positions (76.3% of XME) are unique to XME.