VIS vs IYJ: Holdings Overlap
VISVanguard Industrials Index Fund
Vanguard · 381 holdings · $8.5B · as of 2026-05-31
IYJiShares U.S. Industrials ETF
iShares · 196 holdings · $2.0B · as of 2026-04-30
Holdings snapshots are 31 days apart (VIS: 2026-05-31, IYJ: 2026-04-30). 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 IYJ?
Vanguard Industrials Index Fund (VIS, by Vanguard) holds 381 positions; iShares U.S. Industrials ETF (IYJ, by iShares) holds 196. They have 137 holdings in common, and by portfolio weight the two funds are 70.2% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 70.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 137VIS holds 381 · IYJ holds 196
- Weight in Shared Holdings
- VIS 79%·IYJ 70%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
244 of 381 positions (20.9% of the fund) are not held by IYJ. Showing the top 30 by weight.
Sector Breakdown
| Sector | VIS | IYJ |
|---|---|---|
| Industrials | 99.3% | 71.0% |
| Financials | 0.0% | 18.9% |
| Materials | 0.0% | 5.5% |
| Information Technology | 0.3% | 3.9% |
| Health Care | 0.0% | 0.3% |
| Other Sectors | 0.0% | 0.3% |
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% |
| IYJ | +2.4% | +14.0% | +19.0% | +16.9% | +9.3% | +12.7% | 0.70% |
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 IYJ →
Shared Holdings(137)
The top 10 shared positions account for 38% of the overlap, led by CAT, GE and GEV.
 CATCaterpillar Inc COM | 5.81% | 5.20% | 5.20% |
|---|---|---|---|
 GEGeneral Electric Co. | 4.84% | 3.81% | 3.81% |
 GEVGE Vernova Inc. COM | 3.72% | 3.69% | 3.69% |
 RTXRTX Corp. COM | 3.41% | 2.97% | 2.97% |
 BABoeing Co. (The) | 2.57% | 2.18% | 2.18% |
 ETNEaton Corporation PLC COM USD0.01 | 2.21% | 2.14% | 2.14% |
 UNPUnion Pacific Corporation COM | 1.89% | 2.03% | 1.89% |
 DEDeere & Company COM | 1.97% | 1.82% | 1.82% |
 HONHoneywell International Inc. COM | 2.14% | 1.72% | 1.72% |
 PHParker-Hannifin Corp. COM | 1.51% | 1.45% | 1.45% |
 TTTrane Technologies PLC COM USD1 | 1.42% | 1.39% | 1.39% |
 PWRQuanta Services, Inc. COM | 1.50% | 1.35% | 1.35% |
 LMTLockheed Martin Corporation COM | 1.57% | 1.35% | 1.35% |
 HWMHowmet Aerospace Inc COM | 1.40% | 1.23% | 1.23% |
 CMICummins Inc. COM | 1.26% | 1.17% | 1.17% |
 JCIJohnson Controls International PLC COM USD1.00 | 1.16% | 1.13% | 1.13% |
 GDGeneral Dynamics Corporation COM | 1.13% | 1.10% | 1.10% |
 FDXFedEx Corporation COM | 1.30% | 1.09% | 1.09% |
 ADPAutomatic Data Processing, Inc. COM | 1.27% | 1.08% | 1.08% |
 CSXCSX Corporation COM | 1.19% | 1.08% | 1.08% |
 UPSUnited Parcel Service, Inc., Class B | 1.12% | 1.01% | 1.01% |
 EMREmerson Electric Co. COM | 1.15% | 1.00% | 1.00% |
 MMM3M Company COM | 1.15% | 0.99% | 0.99% |
 NOCNorthrop Grumman Corporation COM | 1.08% | 0.98% | 0.98% |
 ITWIllinois Tool Works Inc. COM | 0.97% | 0.94% | 0.94% |
Frequently Asked Questions
How much do VIS and IYJ overlap?
VIS and IYJ overlap by 70.2% of portfolio weight. They share 137 holdings (VIS holds 381 positions and IYJ holds 196), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VIS and IYJ?
The two portfolios are 70.2% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of VIS and IYJ?
The largest positions held by both funds are CAT, GE, GEV, RTX and BA. Together the top 10 shared positions account for 38% of the total overlap.
What does VIS own that IYJ doesn't?
244 positions (20.9% of VIS) are unique to VIS, led by UBER, VRT and WM. In the other direction, 59 positions (29.5% of IYJ) are unique to IYJ.