VTV vs IWD: Holdings Overlap
Vanguard · 311 holdings · $191.4B · as of 2026-03-31
IWDiShares Russell 1000 Value ETF
iShares · 866 holdings · $83.6B · as of 2026-03-31
How similar are VTV and IWD?
Vanguard Value Index Fund (VTV, by Vanguard) holds 311 positions; iShares Russell 1000 Value ETF (IWD, by iShares) holds 866. They have 296 holdings in common, and by portfolio weight the two funds are 72.3% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 72.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 296VTV holds 311 · IWD holds 866
- Weight in Shared Holdings
- VTV 94%·IWD 74%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 VTV
15 of 311 positions (5.0% of the fund) are not held by IWD.
Sector Breakdown
| Sector | VTV | IWD |
|---|---|---|
| Financials | 21.9% | 20.0% |
| Health Care | 15.3% | 11.7% |
| Industrials | 14.4% | 13.4% |
| Information Technology | 9.9% | 11.7% |
| Consumer Staples | 9.5% | 7.5% |
| Other Sectors | 27.8% | 35.6% |
| Unclassified | 0.6% | 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. “Unclassified” is weight we could not classify (1% of VTV, 0% of IWD).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| VTV | +2.2% | +18.7% | +29.5% | +18.0% | +12.5% | +12.6% | 1.82% |
| IWD | +4.0% | +23.3% | +34.5% | +19.0% | +11.9% | +11.7% | 1.36% |
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 VTV vs IWD →
Shared Holdings(296)
The top 10 shared positions account for 24% of the overlap, led by BRK-B, JPM and XOM.
 BRK-BBerkshire Hathaway, Inc., Class B | 3.06% | 2.91% | 2.91% |
|---|---|---|---|
 JPMJPMorgan Chase & Co. COM | 3.03% | 2.63% | 2.63% |
 XOMExxon Mobil Corp. COM | 2.90% | 2.36% | 2.36% |
 JNJJohnson & Johnson COM | 2.41% | 1.94% | 1.94% |
 WMTWalmart Inc COM | 2.23% | 1.60% | 1.60% |
 CVXChevron Corp. COM | 1.61% | 1.28% | 1.28% |
 MUMicron Technology Inc. COM | 1.56% | 1.24% | 1.24% |
 PGThe Procter & Gamble Co. COM | 1.38% | 1.12% | 1.12% |
 CSCOCisco Systems, Inc. COM | 1.13% | 1.02% | 1.02% |
 MRKMerck & Co., Inc COM | 1.22% | 0.98% | 0.98% |
 BACBank of America Corp. COM | 1.23% | 0.97% | 0.97% |
 CATCaterpillar Inc COM | 1.35% | 0.95% | 0.95% |
 RTXRTX Corp. COM | 1.06% | 0.85% | 0.85% |
 PMPhilip Morris International Inc. COM | 1.05% | 0.85% | 0.85% |
 WFCWells Fargo & Co. COM | 1.01% | 0.81% | 0.81% |
 UNHUnitedHealth Group Inc. COM | 1.00% | 0.81% | 0.81% |
 GSGoldman Sachs Group, Inc. (The) | 0.98% | 0.77% | 0.77% |
 LINLinde PLC COM EUR0.001 | 0.94% | 0.77% | 0.77% |
 IBMInternational Business Machines Corp. COM | 0.93% | 0.74% | 0.74% |
 VZVerizon Communications Inc. COM | 0.78% | 0.70% | 0.70% |
 TAT&T Inc COM | 0.83% | 0.66% | 0.66% |
 INTCIntel Corporation COM | 0.72% | 0.64% | 0.64% |
 NEENextEra Energy Inc COM | 0.75% | 0.64% | 0.64% |
 MSMorgan Stanley COM NEW | 0.80% | 0.61% | 0.61% |
 TMOThermo Fisher Scientific Inc COM | 0.75% | 0.61% | 0.61% |
Showing the top 250 of 296 shared holdings by overlap weight.
Frequently Asked Questions
How much do VTV and IWD overlap?
VTV and IWD overlap by 72.3% of portfolio weight. They share 296 holdings (VTV holds 311 positions and IWD holds 866), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VTV and IWD?
The two portfolios are 72.3% 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 VTV and IWD?
The largest positions held by both funds are BRK-B, JPM, XOM, JNJ and WMT. Together the top 10 shared positions account for 24% of the total overlap.
What does VTV own that IWD doesn't?
15 positions (5.0% of VTV) are unique to VTV, led by ABBV, GE and BRK-A. In the other direction, 570 positions (26.2% of IWD) are unique to IWD.