VONV vs VOOV: Holdings Overlap
VONVVanguard Russell 1000 Value Index Fund
Vanguard · 865 holdings · $21.9B · as of 2026-05-31
VOOVVanguard S&P 500 Value Index Fund
Vanguard · 440 holdings · $6.7B · as of 2026-05-31
How similar are VONV and VOOV?
Vanguard Russell 1000 Value Index Fund (VONV, by Vanguard) holds 865 positions; Vanguard S&P 500 Value Index Fund (VOOV, by Vanguard) holds 440. They have 393 holdings in common, and by portfolio weight the two funds are 63.7% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 63.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 393VONV holds 865 · VOOV holds 440
- Weight in Shared Holdings
- VONV 71%·VOOV 80%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
472 of 865 positions (28.1% of the fund) are not held by VOOV. Showing the top 30 by weight.
Sector Breakdown
| Sector | VONV | VOOV |
|---|---|---|
| Information Technology | 17.8% | 21.1% |
| Financials | 18.5% | 14.8% |
| Industrials | 12.7% | 10.9% |
| Health Care | 10.6% | 11.5% |
| Consumer Discretionary | 6.9% | 10.8% |
| Other Sectors | 33.0% | 30.4% |
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 |
|---|---|---|---|---|---|---|---|
| VONV | +4.0% | +23.4% | +34.7% | +19.1% | +12.1% | +11.8% | 1.52% |
| VOOV | +2.2% | +12.1% | +21.6% | +14.7% | +11.7% | +11.9% | 1.64% |
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 VOOV →
Shared Holdings(393)
The top 10 shared positions account for 20% of the overlap, led by AMZN, XOM and INTC.
 AMZNAmazon.com, Inc. COM | 2.12% | 4.28% | 2.12% |
|---|---|---|---|
 XOMExxon Mobil Corp. COM | 1.82% | 2.09% | 1.82% |
 INTCIntel Corporation COM | 1.50% | 1.85% | 1.50% |
 WMTWalmart Inc COM | 1.35% | 1.75% | 1.35% |
 UNHUnitedHealth Group Inc. COM | 1.03% | 1.19% | 1.03% |
 CVXChevron Corp. COM | 1.02% | 1.18% | 1.02% |
 PGThe Procter & Gamble Co. COM | 1.00% | 1.15% | 1.00% |
 BACBank of America Corp. COM | 0.93% | 1.18% | 0.93% |
 MRKMerck & Co., Inc COM | 0.88% | 1.01% | 0.88% |
 JPMJPMorgan Chase & Co. COM | 2.27% | 0.83% | 0.83% |
 CSCOCisco Systems, Inc. COM | 1.42% | 0.77% | 0.77% |
 JNJJohnson & Johnson COM | 1.61% | 0.77% | 0.77% |
 WFCWells Fargo & Co. COM | 0.71% | 0.83% | 0.71% |
 LINLinde PLC COM EUR0.001 | 0.69% | 0.80% | 0.69% |
 QCOMQUALCOMM Inc. COM | 0.61% | 0.92% | 0.61% |
 ADIAnalog Devices Inc. COM | 0.60% | 0.70% | 0.60% |
 VZVerizon Communications Inc. COM | 0.60% | 0.69% | 0.60% |
 TMOThermo Fisher Scientific Inc COM | 0.55% | 0.64% | 0.55% |
 NEENextEra Energy Inc COM | 0.54% | 0.62% | 0.54% |
 DISWalt Disney Company COM | 0.54% | 0.62% | 0.54% |
 WDCWestern Digital Corp. COM | 0.54% | 0.62% | 0.54% |
 TAT&T Inc COM | 0.51% | 0.60% | 0.51% |
 PEPPepsico Inc COM | 0.51% | 0.68% | 0.51% |
 CCitigroup Inc. COM NEW | 0.51% | 0.72% | 0.51% |
 TXNTexas Instruments Inc. COM | 0.49% | 0.96% | 0.49% |
Showing the top 250 of 393 shared holdings by overlap weight.
Frequently Asked Questions
How much do VONV and VOOV overlap?
VONV and VOOV overlap by 63.7% of portfolio weight. They share 393 holdings (VONV holds 865 positions and VOOV holds 440), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VONV and VOOV?
The two portfolios are 63.7% 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 VOOV?
The largest positions held by both funds are AMZN, XOM, INTC, WMT and UNH. Together the top 10 shared positions account for 20% of the total overlap.
What does VONV own that VOOV doesn't?
472 positions (28.1% of VONV) are unique to VONV, led by MU, BRK-B and GOOGL. In the other direction, 47 positions (19.4% of VOOV) are unique to VOOV.