VOO vs XME: Holdings Overlap
Vanguard · 504 holdings · $1.03T · as of 2026-03-31
XMEState Street® SPDR® S&P® Metals & Mining ETF
State Street (SPDR) · 39 holdings · $4.0B · as of 2026-08-06
Holdings snapshots are 128 days apart (VOO: 2026-03-31, XME: 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 XME?
Vanguard 500 Index Fund (VOO, by Vanguard) holds 504 positions; State Street® SPDR® S&P® Metals & Mining ETF (XME, by State Street (SPDR)) holds 39. They have 4 holdings in common, and by portfolio weight the two funds are 0.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 4VOO holds 504 · XME holds 39
- Weight in Shared Holdings
- VOO 0%·XME 18%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
500 of 504 positions (99.3% of the fund) are not held by XME. Showing the top 30 by weight.
Sector Breakdown
| Sector | VOO | XME |
|---|---|---|
| Materials | 2.1% | 76.0% |
| Information Technology | 32.7% | 0.0% |
| Energy | 4.0% | 20.5% |
| Financials | 12.4% | 0.0% |
| Communication Services | 10.5% | 0.0% |
| Other Sectors | 38.1% | 0.0% |
| Unclassified | 0.0% | 3.4% |
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. “Unclassified” is weight we could not classify (0% of VOO, 3% of XME).
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% |
| XME | +12.9% | +11.8% | +49.0% | +31.5% | +22.7% | +16.4% | 0.32% |
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 XME →
Shared Holdings(4)
The top 4 shared positions account for 99% of the overlap, led by NEM, FCX and NUE.
Frequently Asked Questions
How much do VOO and XME overlap?
VOO and XME overlap by 0.5% of portfolio weight. They share 4 holdings (VOO holds 504 positions and XME holds 39), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VOO and XME?
The two portfolios are 0.5% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of VOO and XME?
The largest positions held by both funds are NEM, FCX, NUE and STLD. Together the top 4 shared positions account for 99% of the total overlap.
What does VOO own that XME doesn't?
500 positions (99.3% of VOO) are unique to VOO, led by NVDA, AAPL and MSFT. In the other direction, 35 positions (82.5% of XME) are unique to XME.