VIS vs ITA: Holdings Overlap
VISVanguard Industrials Index Fund
Vanguard · 381 holdings · $8.5B · as of 2026-05-31
ITAiShares U.S. Aerospace & Defense ETF
iShares · 44 holdings · $14.8B · as of 2026-03-31
Holdings snapshots are 61 days apart (VIS: 2026-05-31, ITA: 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 VIS and ITA?
Vanguard Industrials Index Fund (VIS, by Vanguard) holds 381 positions; iShares U.S. Aerospace & Defense ETF (ITA, by iShares) holds 44. They have 40 holdings in common, and by portfolio weight the two funds are 23.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 23.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 40VIS holds 381 · ITA holds 44
- Weight in Shared Holdings
- VIS 23%·ITA 98%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 VIS
341 of 381 positions (76.6% of the fund) are not held by ITA. Showing the top 30 by weight.
Sector Breakdown
| Sector | VIS | ITA |
|---|---|---|
| Industrials | 99.3% | 99.8% |
| Information Technology | 0.3% | 0.0% |
| Consumer Discretionary | 0.0% | 0.1% |
| Other Sectors | 0.0% | 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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| VIS | +1.5% | +20.1% | +25.2% | +20.8% | +14.0% | +14.1% | 0.87% |
| ITA | +2.3% | +16.9% | +28.0% | +29.8% | +19.2% | +15.5% | 0.42% |
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 VIS vs ITA →
Shared Holdings(40)
The top 10 shared positions account for 82% of the overlap, led by GE, RTX and BA.
 GEGeneral Electric Co. | 4.84% | 19.03% | 4.84% |
|---|---|---|---|
 RTXRTX Corp. COM | 3.41% | 16.55% | 3.41% |
 BABoeing Co. (The) | 2.57% | 8.91% | 2.57% |
 LMTLockheed Martin Corporation COM | 1.57% | 4.58% | 1.57% |
 HWMHowmet Aerospace Inc COM | 1.40% | 4.50% | 1.40% |
 GDGeneral Dynamics Corporation COM | 1.13% | 4.77% | 1.13% |
 NOCNorthrop Grumman Corporation COM | 1.08% | 4.58% | 1.08% |
 TDGTransdigm Group Inc. COM | 1.00% | 4.53% | 1.00% |
 RKLBRocket Lab Corp. COM | 0.98% | 2.55% | 0.98% |
 LHXL3 Harris Technologies Inc COM | 0.84% | 4.66% | 0.84% |
 AXONAxon Enterprise Inc COM | 0.48% | 2.83% | 0.48% |
 CWCurtiss-Wright Corporation | 0.39% | 2.12% | 0.39% |
 ATIATI Inc COM | 0.34% | 1.67% | 0.34% |
 CRSCarpenter Technology Corporation COM | 0.33% | 1.66% | 0.33% |
 WWDWoodward Inc. COM | 0.30% | 1.80% | 0.30% |
 HEI-AHEICO Corp., Class A | 0.28% | 1.38% | 0.28% |
 BWXTBWX Technologies Inc. COM | 0.25% | 1.58% | 0.25% |
 TXTTextron Inc. COM | 0.23% | 1.29% | 0.23% |
 HEIHeico Corp COM | 0.22% | 0.93% | 0.22% |
 HIIHuntington Ingalls Industries, Inc. COM | 0.17% | 1.26% | 0.17% |
 KTOSKratos Defense & Security Solutions, Inc. COM NEW | 0.15% | 1.10% | 0.15% |
 MOG-AMoog, Inc., Class A | 0.15% | 0.70% | 0.15% |
 HXLHexcel Corporation COM | 0.10% | 0.52% | 0.10% |
 AVAVAeroVironment, Inc. COM | 0.10% | 0.49% | 0.10% |
 MRCYMercury Systems Inc COM | 0.09% | 0.32% | 0.09% |
Frequently Asked Questions
How much do VIS and ITA overlap?
VIS and ITA overlap by 23.0% of portfolio weight. They share 40 holdings (VIS holds 381 positions and ITA holds 44), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VIS and ITA?
The two portfolios are 23.0% 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 VIS and ITA?
The largest positions held by both funds are GE, RTX, BA, LMT and HWM. Together the top 10 shared positions account for 82% of the total overlap.
What does VIS own that ITA doesn't?
341 positions (76.6% of VIS) are unique to VIS, led by CAT, GEV and ETN. In the other direction, 4 positions (2.3% of ITA) are unique to ITA.