VOO vs XLP: Holdings Overlap
Vanguard · 504 holdings · $1.03T · as of 2026-03-31
XLPState Street® Consumer Staples Select Sector SPDR® ETF
State Street (SPDR) · 34 holdings · $14.7B · as of 2026-08-06
Holdings snapshots are 128 days apart (VOO: 2026-03-31, XLP: 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 VOO and XLP?
Vanguard 500 Index Fund (VOO, by Vanguard) holds 504 positions; State Street® Consumer Staples Select Sector SPDR® ETF (XLP, by State Street (SPDR)) holds 34. They have 33 holdings in common, and by portfolio weight the two funds are 5.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 5.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 33VOO holds 504 · XLP holds 34
- Weight in Shared Holdings
- VOO 5%·XLP 98%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 VOO
471 of 504 positions (94.5% of the fund) are not held by XLP. Showing the top 30 by weight.
Only in XLP
1 of 34 positions (2.0% of the fund) are not held by VOO.
CASYCasey'S General Stores Inc. COM1.96%
Sector Breakdown
| Sector | VOO | XLP |
|---|---|---|
| Consumer Staples | 5.2% | 99.8% |
| Information Technology | 32.7% | 0.0% |
| Financials | 12.4% | 0.0% |
| Communication Services | 10.5% | 0.0% |
| Consumer Discretionary | 9.9% | 0.0% |
| Other Sectors | 29.1% | 0.0% |
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 |
|---|---|---|---|---|---|---|---|
| VOO | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.03% |
| XLP | +0.3% | +11.0% | +6.4% | +7.1% | +6.5% | +7.4% | 2.58% |
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 VOO vs XLP →
Shared Holdings(33)
The top 10 shared positions account for 82% of the overlap, led by WMT, COST and PG.
 WMTWalmart Inc COM | 0.97% | 10.47% | 0.97% |
|---|---|---|---|
 COSTCostco Wholesale Corporation COM | 0.79% | 8.97% | 0.79% |
 PGThe Procter & Gamble Co. COM | 0.60% | 7.29% | 0.60% |
 KOCoca-Cola Co (The) COM | 0.53% | 7.17% | 0.53% |
 PMPhilip Morris International Inc. COM | 0.46% | 6.24% | 0.46% |
 PEPPepsico Inc COM | 0.38% | 4.33% | 0.38% |
 MOAltria Group, Inc. COM | 0.20% | 4.18% | 0.20% |
 MDLZMondelez International, Inc., Class A | 0.13% | 4.41% | 0.13% |
 CLColgate-Palmolive Co. COM | 0.12% | 4.67% | 0.12% |
 TGTTarget Corp. COM | 0.10% | 4.25% | 0.10% |
 MNSTMonster Beverage Corp COM | 0.09% | 4.27% | 0.09% |
 KRThe Kroger Co. COM | 0.07% | 2.07% | 0.07% |
 KDPKeurig Dr Pepper Inc COM | 0.06% | 2.63% | 0.06% |
 ADMArcher-Daniels-Midland Co. COM | 0.06% | 2.37% | 0.06% |
 SYYSysco Corporation COM | 0.06% | 2.56% | 0.06% |
 KVUEKenvue Inc. COM | 0.06% | 2.34% | 0.06% |
 KMBKimberly-Clark Corporation COM | 0.06% | 2.29% | 0.06% |
 HSYHershey Co. (The) COM | 0.06% | 1.72% | 0.06% |
 DGDollar General Corporation COM | 0.05% | 1.78% | 0.05% |
 CHDChurch & Dwight Co Inc. COM | 0.04% | 1.56% | 0.04% |
 STZConstellation Brands, Inc., Class A | 0.04% | 1.17% | 0.04% |
 DLTRDollar Tree Inc COM | 0.04% | 1.49% | 0.04% |
 GISGeneral Mills, Inc. COM | 0.04% | 1.22% | 0.04% |
 KHCThe Kraft Heinz Co. COM | 0.03% | 1.35% | 0.03% |
 TSNTyson Foods, Inc., Class A | 0.03% | 1.05% | 0.03% |
Frequently Asked Questions
How much do VOO and XLP overlap?
VOO and XLP overlap by 5.2% of portfolio weight. They share 33 holdings (VOO holds 504 positions and XLP holds 34), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VOO and XLP?
The two portfolios are 5.2% 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 VOO and XLP?
The largest positions held by both funds are WMT, COST, PG, KO and PM. Together the top 10 shared positions account for 82% of the total overlap.
What does VOO own that XLP doesn't?
471 positions (94.5% of VOO) are unique to VOO, led by NVDA, AAPL and MSFT. In the other direction, 1 positions (2.0% of XLP) are unique to XLP.