VONV vs SPYV: Holdings Overlap
VONVVanguard Russell 1000 Value Index Fund
Vanguard · 865 holdings · $21.9B · as of 2026-05-31
SPYVState Street® SPDR® Portfolio S&P 500® Value ETF
State Street (SPDR) · 438 holdings · $36.8B · as of 2026-08-06
Holdings snapshots are 67 days apart (VONV: 2026-05-31, SPYV: 2026-08-06). 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 SPYV?
Vanguard Russell 1000 Value Index Fund (VONV, by Vanguard) holds 865 positions; State Street® SPDR® Portfolio S&P 500® Value ETF (SPYV, by State Street (SPDR)) holds 438. They have 385 holdings in common, and by portfolio weight the two funds are 61.6% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 61.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 385VONV holds 865 · SPYV holds 438
- Weight in Shared Holdings
- VONV 69%·SPYV 79%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
480 of 865 positions (30.1% of the fund) are not held by SPYV. Showing the top 30 by weight.
Sector Breakdown
| Sector | VONV | SPYV |
|---|---|---|
| Information Technology | 17.8% | 19.6% |
| Financials | 18.5% | 16.3% |
| Industrials | 12.7% | 11.6% |
| Health Care | 10.6% | 12.4% |
| Consumer Discretionary | 6.9% | 10.3% |
| Other Sectors | 33.0% | 29.7% |
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% |
| SPYV | +2.2% | +12.1% | +21.6% | +14.8% | +11.7% | +11.9% | 1.66% |
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 SPYV →
Shared Holdings(385)
The top 10 shared positions account for 19% of the overlap, led by AMZN, INTC and WMT.
 AMZNAmazon.com, Inc. COM | 2.12% | 4.18% | 2.12% |
|---|---|---|---|
 INTCIntel Corporation COM | 1.50% | 1.58% | 1.50% |
 WMTWalmart Inc COM | 1.35% | 1.64% | 1.35% |
 UNHUnitedHealth Group Inc. COM | 1.03% | 1.23% | 1.03% |
 JPMJPMorgan Chase & Co. COM | 2.27% | 1.02% | 1.02% |
 CVXChevron Corp. COM | 1.02% | 1.18% | 1.02% |
 PGThe Procter & Gamble Co. COM | 1.00% | 1.14% | 1.00% |
 BACBank of America Corp. COM | 0.93% | 1.37% | 0.93% |
 MRKMerck & Co., Inc COM | 0.88% | 1.06% | 0.88% |
 JNJJohnson & Johnson COM | 1.61% | 0.85% | 0.85% |
 CSCOCisco Systems, Inc. COM | 1.42% | 0.75% | 0.75% |
 WFCWells Fargo & Co. COM | 0.71% | 0.89% | 0.71% |
 LINLinde PLC COM EUR0.001 | 0.69% | 0.76% | 0.69% |
 ADIAnalog Devices Inc. COM | 0.60% | 0.62% | 0.60% |
 VZVerizon Communications Inc. COM | 0.60% | 0.66% | 0.60% |
 QCOMQUALCOMM Inc. COM | 0.61% | 0.56% | 0.56% |
 TMOThermo Fisher Scientific Inc COM | 0.55% | 0.72% | 0.55% |
 NEENextEra Energy Inc COM | 0.54% | 0.59% | 0.54% |
 DISWalt Disney Company COM | 0.54% | 0.61% | 0.54% |
 WDCWestern Digital Corp. COM | 0.54% | 0.52% | 0.52% |
 TAT&T Inc COM | 0.51% | 0.55% | 0.51% |
 PEPPepsico Inc COM | 0.51% | 0.63% | 0.51% |
 CCitigroup Inc. COM NEW | 0.51% | 0.76% | 0.51% |
 TXNTexas Instruments Inc. COM | 0.49% | 0.85% | 0.49% |
 BLKBlackrock Inc. COM | 0.47% | 0.54% | 0.47% |
Showing the top 250 of 385 shared holdings by overlap weight.
Frequently Asked Questions
How much do VONV and SPYV overlap?
VONV and SPYV overlap by 61.6% of portfolio weight. They share 385 holdings (VONV holds 865 positions and SPYV holds 438), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VONV and SPYV?
The two portfolios are 61.6% 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 VONV and SPYV?
The largest positions held by both funds are AMZN, INTC, WMT, UNH and JPM. Together the top 10 shared positions account for 19% of the total overlap.
What does VONV own that SPYV doesn't?
480 positions (30.1% of VONV) are unique to VONV, led by MU, BRK-B and GOOGL. In the other direction, 53 positions (21.3% of SPYV) are unique to SPYV.