VLUE vs VOE: Holdings Overlap
VLUEiShares MSCI USA Value Factor ETF
iShares · 148 holdings · $9.5B · as of 2026-04-30
VOEVanguard Mid-cap Value Index Fund
Vanguard · 170 holdings · $24.2B · as of 2026-03-31
Holdings snapshots are 30 days apart (VLUE: 2026-04-30, VOE: 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 VLUE and VOE?
iShares MSCI USA Value Factor ETF (VLUE, by iShares) holds 148 positions; Vanguard Mid-cap Value Index Fund (VOE, by Vanguard) holds 170. They have 78 holdings in common, and by portfolio weight the two funds are 26.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 26.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 78VLUE holds 148 · VOE holds 170
- Weight in Shared Holdings
- VLUE 34%·VOE 45%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 VLUE
70 of 148 positions (65.6% of the fund) are not held by VOE. Showing the top 30 by weight.
Sector Breakdown
| Sector | VLUE | VOE |
|---|---|---|
| Information Technology | 43.9% | 8.2% |
| Financials | 10.9% | 17.6% |
| Industrials | 7.6% | 13.6% |
| Energy | 3.2% | 13.0% |
| Utilities | 1.9% | 12.7% |
| Other Sectors | 32.3% | 34.4% |
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 |
|---|---|---|---|---|---|---|---|
| VLUE | +3.0% | +45.7% | +77.9% | +30.1% | +16.5% | +14.7% | 1.42% |
| VOE | +3.2% | +17.9% | +26.2% | +15.9% | +10.1% | +10.8% | 1.80% |
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 VLUE vs VOE →
Shared Holdings(78)
The top 10 shared positions account for 31% of the overlap, led by GM, TEL and PCAR.
 GMGeneral Motors Company COM | 3.15% | 1.26% | 1.26% |
|---|---|---|---|
 TELTE Connectivity PLC ORD SHS | 0.92% | 1.15% | 0.92% |
 PCARPaccar Inc COM | 0.90% | 1.14% | 0.90% |
 WDCWestern Digital Corp. COM | 1.88% | 0.86% | 0.86% |
 FFord Motor Company COM | 1.50% | 0.85% | 0.85% |
 FDXFedEx Corporation COM | 1.69% | 0.71% | 0.71% |
 VLOValero Energy Corp. COM | 0.70% | 1.38% | 0.70% |
 KRThe Kroger Co. COM | 0.69% | 0.77% | 0.69% |
 URIUnited Rentals, Inc. COM | 0.69% | 0.86% | 0.69% |
 DHID.R. Horton, Inc. COM | 0.87% | 0.67% | 0.67% |
 ADMArcher-Daniels-Midland Co. COM | 0.87% | 0.66% | 0.66% |
 NEMNewmont Corporation COM | 0.64% | 1.10% | 0.64% |
 TGTTarget Corp. COM | 0.61% | 1.03% | 0.61% |
 HPEHewlett Packard Enterprise Co. COM | 1.30% | 0.59% | 0.59% |
 LHXL3 Harris Technologies Inc COM | 0.59% | 1.21% | 0.59% |
 SPGSimon Property Group Inc COM | 0.62% | 0.54% | 0.54% |
 CTSHCognizant Technology Solutions Corp., Class A | 0.51% | 0.55% | 0.51% |
 PCGPG&E Corporation COM | 0.50% | 0.70% | 0.50% |
 DVNDevon Energy Corporation COM | 0.49% | 0.58% | 0.49% |
 FANGDiamondback Energy Inc COM | 0.46% | 0.73% | 0.46% |
 ONON Semiconductor Corp. COM | 0.78% | 0.46% | 0.46% |
 PHMPulte Group Inc COM | 0.59% | 0.42% | 0.42% |
 WABWestinghouse Air Brake Technologies Corp. | 0.42% | 0.80% | 0.42% |
 NUENucor Corporation COM | 0.38% | 0.69% | 0.38% |
 ZMZoom Communications, Inc., Class A | 0.53% | 0.38% | 0.38% |
Frequently Asked Questions
How much do VLUE and VOE overlap?
VLUE and VOE overlap by 26.9% of portfolio weight. They share 78 holdings (VLUE holds 148 positions and VOE holds 170), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VLUE and VOE?
The two portfolios are 26.9% 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 VLUE and VOE?
The largest positions held by both funds are GM, TEL, PCAR, WDC and F. Together the top 10 shared positions account for 31% of the total overlap.
What does VLUE own that VOE doesn't?
70 positions (65.6% of VLUE) are unique to VLUE, led by MU, INTC and CSCO. In the other direction, 92 positions (54.0% of VOE) are unique to VOE.