VONV vs IWD: Holdings Overlap
VONVVanguard Russell 1000 Value Index Fund
Vanguard · 865 holdings · $21.9B · as of 2026-05-31
IWDiShares Russell 1000 Value ETF
iShares · 866 holdings · $83.6B · as of 2026-03-31
Holdings snapshots are 61 days apart (VONV: 2026-05-31, IWD: 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 VONV and IWD?
Vanguard Russell 1000 Value Index Fund (VONV, by Vanguard) holds 865 positions; iShares Russell 1000 Value ETF (IWD, by iShares) holds 866. They have 860 holdings in common, and by portfolio weight the two funds are 90.5% identical. In practical terms the pair is essentially interchangeable, so holding both adds little diversification.
- Overlap by Weight
- 90.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 860VONV holds 865 · IWD holds 866
- Weight in Shared Holdings
- VONV 99%·IWD 100%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 VONV
5 of 865 positions (0.1% of the fund) are not held by IWD.
Sector Breakdown
| Sector | VONV | IWD |
|---|---|---|
| Financials | 18.5% | 20.0% |
| Information Technology | 17.8% | 11.7% |
| Industrials | 12.7% | 13.4% |
| Health Care | 10.6% | 11.7% |
| Communication Services | 8.1% | 7.9% |
| Other Sectors | 31.8% | 35.1% |
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 |
|---|---|---|---|---|---|---|---|
| VONV | +4.0% | +23.4% | +34.7% | +19.1% | +12.1% | +11.8% | 1.52% |
| IWD | +4.0% | +23.3% | +34.5% | +19.0% | +11.9% | +11.7% | 1.36% |
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 VONV vs IWD →
Shared Holdings(860)
The top 10 shared positions account for 19% of the overlap, led by BRK-B, JPM and GOOGL.
 BRK-BBerkshire Hathaway, Inc., Class B | 2.60% | 2.91% | 2.60% |
|---|---|---|---|
 JPMJPMorgan Chase & Co. COM | 2.27% | 2.63% | 2.27% |
 GOOGLAlphabet Inc. CAP STK CL A | 2.32% | 1.95% | 1.95% |
 XOMExxon Mobil Corp. COM | 1.82% | 2.36% | 1.82% |
 AMZNAmazon.com, Inc. COM | 2.12% | 1.81% | 1.81% |
 JNJJohnson & Johnson COM | 1.61% | 1.94% | 1.61% |
 GOOGAlphabet Inc. CAP STK CL C | 1.89% | 1.59% | 1.59% |
 WMTWalmart Inc COM | 1.35% | 1.60% | 1.35% |
 MUMicron Technology Inc. COM | 3.22% | 1.24% | 1.24% |
 CSCOCisco Systems, Inc. COM | 1.42% | 1.02% | 1.02% |
 CVXChevron Corp. COM | 1.02% | 1.28% | 1.02% |
 PGThe Procter & Gamble Co. COM | 1.00% | 1.12% | 1.00% |
 CATCaterpillar Inc COM | 1.06% | 0.95% | 0.95% |
 BACBank of America Corp. COM | 0.93% | 0.97% | 0.93% |
 MRKMerck & Co., Inc COM | 0.88% | 0.98% | 0.88% |
 PMPhilip Morris International Inc. COM | 0.82% | 0.85% | 0.82% |
 UNHUnitedHealth Group Inc. COM | 1.03% | 0.81% | 0.81% |
 GSGoldman Sachs Group, Inc. (The) | 0.81% | 0.77% | 0.77% |
 IBMInternational Business Machines Corp. COM | 0.82% | 0.74% | 0.74% |
 METAMeta Platforms, Inc., Class A | 0.73% | 0.73% | 0.73% |
 RTXRTX Corp. COM | 0.71% | 0.85% | 0.71% |
 WFCWells Fargo & Co. COM | 0.71% | 0.81% | 0.71% |
 LINLinde PLC COM EUR0.001 | 0.69% | 0.77% | 0.69% |
 INTCIntel Corporation COM | 1.50% | 0.64% | 0.64% |
 AMATApplied Materials Inc. COM | 0.76% | 0.64% | 0.64% |
Showing the top 250 of 860 shared holdings by overlap weight.
Frequently Asked Questions
How much do VONV and IWD overlap?
VONV and IWD overlap by 90.5% of portfolio weight. They share 860 holdings (VONV holds 865 positions and IWD holds 866), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VONV and IWD?
The two portfolios are 90.5% identical by weight. Owning both is largely redundant: they are close to the same portfolio, so a second position mostly duplicates the first.
What are the biggest shared holdings of VONV and IWD?
The largest positions held by both funds are BRK-B, JPM, GOOGL, XOM and AMZN. Together the top 10 shared positions account for 19% of the total overlap.
What does VONV own that IWD doesn't?
5 positions (0.1% of VONV) are unique to VONV, led by CCL, CRBG and VGNT. In the other direction, 6 positions (0.3% of IWD) are unique to IWD.