VSS vs SCZ: Holdings Overlap
VSSVanguard FTSE All-world Ex-us Small-cap Index Fund
Vanguard · 4810 holdings · $11.7B · as of 2026-04-30
SCZiShares MSCI EAFE Small-Cap ETF
iShares · 2044 holdings · $13.5B · as of 2026-04-30
How similar are VSS and SCZ?
Vanguard FTSE All-world Ex-us Small-cap Index Fund (VSS, by Vanguard) holds 4810 positions; iShares MSCI EAFE Small-Cap ETF (SCZ, by iShares) holds 2044. They have 1316 holdings in common, and by portfolio weight the two funds are 46.7% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 46.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1316VSS holds 4810 · SCZ holds 2044
- Weight in Shared Holdings
- VSS 48%·SCZ 49%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 VSS
3494 of 4810 positions (51.1% of the fund) are not held by SCZ. Showing the top 30 by weight.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| VSS | +3.4% | +11.3% | +19.8% | +15.6% | +6.0% | +8.0% | 3.14% |
| SCZ | +4.1% | +13.5% | +20.2% | +16.6% | +5.9% | +8.6% | 3.07% |
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 VSS vs SCZ →
Shared Holdings(1316)
The top 10 shared positions account for 5% of the overlap, led by ACLN, GTT and GAW.
 ACLNAccelleron Industries AG | 0.27% | 0.28% | 0.27% |
|---|---|---|---|
 GTTGaztransport Et Technigaz SA | 0.24% | 0.25% | 0.24% |
 GAWGames Workshop Group PLC | 0.23% | 0.24% | 0.23% |
 SUBCSubsea 7 SA | 0.22% | 0.22% | 0.22% |
 NKTNkt AS DKK20 | 0.21% | 0.22% | 0.21% |
 STBStorebrand ASA | 0.21% | 0.22% | 0.21% |
 NDX1Nordex SE | 0.19% | 0.20% | 0.19% |
 NEXNexans SA | 0.20% | 0.19% | 0.19% |
 AEDAedifica SA | 0.19% | 0.19% | 0.19% |
 LTMCLottomatica Group Spa | 0.19% | 0.20% | 0.19% |
 SPMSaipem SpA | 0.19% | 0.19% | 0.19% |
 IGGIG Group Holdings PLC | 0.18% | 0.19% | 0.18% |
 TE1RUBTechnip Energies NV | 0.19% | 0.17% | 0.17% |
 KCRKonecranes Oyj | 0.17% | 0.18% | 0.17% |
 RILBARingkjoebing Landbobank A/S | 0.17% | 0.17% | 0.17% |
 AIXAAIXTRON SE | 0.17% | 0.17% | 0.17% |
 TKAthyssenkrupp AG | 0.16% | 0.16% | 0.16% |
 LMPLondonMetric Property PLC | 0.15% | 0.16% | 0.15% |
 JYSKJyske Bank A/S | 0.15% | 0.16% | 0.15% |
 VOEvoestalpine AG | 0.17% | 0.15% | 0.15% |
 SBMOSBM Offshore NV | 0.15% | 0.16% | 0.15% |
 NDAAurubis AG | 0.19% | 0.15% | 0.15% |
 BBYBalfour Beatty PLC | 0.14% | 0.15% | 0.14% |
 PRUPerseus Mining Ltd | 0.14% | 0.15% | 0.14% |
 ALSYDBAL Sydbank | 0.14% | 0.14% | 0.14% |
Showing the top 250 of 1316 shared holdings by overlap weight.
Frequently Asked Questions
How much do VSS and SCZ overlap?
VSS and SCZ overlap by 46.7% of portfolio weight. They share 1316 holdings (VSS holds 4810 positions and SCZ holds 2044), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VSS and SCZ?
The two portfolios are 46.7% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of VSS and SCZ?
The largest positions held by both funds are ACLN, GTT, GAW, SUBC and NKT. Together the top 10 shared positions account for 5% of the total overlap.
What does VSS own that SCZ doesn't?
3494 positions (51.1% of VSS) are unique to VSS, led by ATZ, FTT and 2337. In the other direction, 728 positions (49.9% of SCZ) are unique to SCZ.