VOE vs VOO: Holdings Overlap
VOEVanguard Mid-cap Value Index Fund
Vanguard · 170 holdings · $24.2B · as of 2026-03-31
Vanguard · 504 holdings · $1.03T · as of 2026-03-31
How similar are VOE and VOO?
Vanguard Mid-cap Value Index Fund (VOE, by Vanguard) holds 170 positions; Vanguard 500 Index Fund (VOO, by Vanguard) holds 504. They have 161 holdings in common, and by portfolio weight the two funds are 10.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 161VOE holds 170 · VOO holds 504
- Weight in Shared Holdings
- VOE 95%·VOO 10%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 VOE
9 of 170 positions (4.1% of the fund) are not held by VOO.
Sector Breakdown
| Sector | VOE | VOO |
|---|---|---|
| Information Technology | 8.2% | 32.7% |
| Financials | 17.6% | 12.4% |
| Industrials | 13.6% | 9.0% |
| Energy | 13.0% | 4.0% |
| Utilities | 12.7% | 2.5% |
| Other Sectors | 34.4% | 39.1% |
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 |
|---|---|---|---|---|---|---|---|
| VOE | +3.2% | +17.9% | +26.2% | +15.9% | +10.1% | +10.8% | 1.80% |
| VOO | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.03% |
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 VOE vs VOO →
Shared Holdings(161)
The top 10 shared positions account for 15% of the overlap, led by NEM, GLW and WDC.
 NEMNewmont Corporation COM | 1.10% | 0.21% | 0.21% |
|---|---|---|---|
 GLWCorning Incorporated COM | 0.49% | 0.19% | 0.19% |
 WDCWestern Digital Corp. COM | 0.86% | 0.16% | 0.16% |
 WMBWilliams Companies Inc. (The) COM | 0.83% | 0.16% | 0.16% |
 JCIJohnson Controls International PLC COM USD1.00 | 0.75% | 0.14% | 0.14% |
 FDXFedEx Corporation COM | 0.71% | 0.14% | 0.14% |
 SLBSLB Ltd. COM USD0.01 | 1.44% | 0.14% | 0.14% |
 VLOValero Energy Corp. COM | 1.38% | 0.13% | 0.13% |
 CMICummins Inc. COM | 1.39% | 0.13% | 0.13% |
 PSXPhillips 66 COM | 1.37% | 0.13% | 0.13% |
 MPCMarathon Petroleum Corp. COM | 1.35% | 0.13% | 0.13% |
 CRHCRH plc | 1.32% | 0.13% | 0.13% |
 WBDWarner Bros. Discovery Inc. COM SER A | 1.21% | 0.12% | 0.12% |
 GMGeneral Motors Company COM | 1.26% | 0.12% | 0.12% |
 KMIKinder Morgan, Inc. COM | 0.59% | 0.12% | 0.12% |
 LHXL3 Harris Technologies Inc COM | 1.21% | 0.12% | 0.12% |
 SRESempra COM | 0.59% | 0.11% | 0.11% |
 TELTE Connectivity PLC ORD SHS | 1.15% | 0.11% | 0.11% |
 CORCencora Inc COM | 1.09% | 0.11% | 0.11% |
 PCARPaccar Inc COM | 1.14% | 0.11% | 0.11% |
 SPGSimon Property Group Inc COM | 0.54% | 0.11% | 0.11% |
 BKRBaker Hughes Co., Class A | 1.13% | 0.11% | 0.11% |
 DLRDigital Realty Trust Inc. COM | 1.16% | 0.10% | 0.10% |
 OKEOneok Inc. COM | 1.07% | 0.10% | 0.10% |
 CTVACorteva Inc COM | 1.07% | 0.10% | 0.10% |
Frequently Asked Questions
How much do VOE and VOO overlap?
VOE and VOO overlap by 10.4% of portfolio weight. They share 161 holdings (VOE holds 170 positions and VOO holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VOE and VOO?
The two portfolios are 10.4% 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 VOE and VOO?
The largest positions held by both funds are NEM, GLW, WDC, WMB and JCI. Together the top 10 shared positions account for 15% of the total overlap.
What does VOE own that VOO doesn't?
9 positions (4.1% of VOE) are unique to VOE, led by LNG, FERG and MSTR. In the other direction, 343 positions (89.4% of VOO) are unique to VOO.