VTV vs MGV: Holdings Overlap
Vanguard · 311 holdings · $191.4B · as of 2026-03-31
MGVVanguard Mega Cap Value Index Fund
Vanguard · 120 holdings · $13.6B · as of 2026-05-31
Holdings snapshots are 61 days apart (VTV: 2026-03-31, MGV: 2026-05-31). 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 VTV and MGV?
Vanguard Value Index Fund (VTV, by Vanguard) holds 311 positions; Vanguard Mega Cap Value Index Fund (MGV, by Vanguard) holds 120. They have 113 holdings in common, and by portfolio weight the two funds are 73.0% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 73.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 113VTV holds 311 · MGV holds 120
- Weight in Shared Holdings
- VTV 74%·MGV 95%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
198 of 311 positions (25.3% of the fund) are not held by MGV. Showing the top 30 by weight.
Sector Breakdown
| Sector | VTV | MGV |
|---|---|---|
| Financials | 21.9% | 21.6% |
| Information Technology | 9.9% | 18.0% |
| Health Care | 15.3% | 15.9% |
| Industrials | 14.4% | 13.6% |
| Consumer Staples | 9.5% | 11.0% |
| Other Sectors | 27.8% | 18.3% |
| Unclassified | 0.6% | 1.1% |
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, 1% of MGV).
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% |
| MGV | +1.6% | +19.3% | +30.6% | +18.7% | +13.1% | +13.0% | 1.83% |
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 MGV →
Shared Holdings(113)
The top 10 shared positions account for 29% of the overlap, led by BRK-B, JPM and XOM.
 BRK-BBerkshire Hathaway, Inc., Class B | 3.06% | 3.15% | 3.06% |
|---|---|---|---|
 JPMJPMorgan Chase & Co. COM | 3.03% | 3.64% | 3.03% |
 XOMExxon Mobil Corp. COM | 2.90% | 2.91% | 2.90% |
 JNJJohnson & Johnson COM | 2.41% | 2.61% | 2.41% |
 WMTWalmart Inc COM | 2.23% | 2.44% | 2.23% |
 CVXChevron Corp. COM | 1.61% | 1.66% | 1.61% |
 ABBVAbbVie Inc. COM | 1.58% | 1.85% | 1.58% |
 MUMicron Technology Inc. COM | 1.56% | 5.26% | 1.56% |
 PGThe Procter & Gamble Co. COM | 1.38% | 1.60% | 1.38% |
 CATCaterpillar Inc COM | 1.35% | 1.96% | 1.35% |
 HDHome Depot, Inc. (The) | 1.34% | 1.52% | 1.34% |
 BACBank of America Corp. COM | 1.23% | 1.60% | 1.23% |
 MRKMerck & Co., Inc COM | 1.22% | 1.41% | 1.22% |
 CSCOCisco Systems, Inc. COM | 1.13% | 2.06% | 1.13% |
 KOCoca-Cola Co (The) COM | 1.07% | 1.31% | 1.07% |
 RTXRTX Corp. COM | 1.06% | 1.16% | 1.06% |
 PMPhilip Morris International Inc. COM | 1.05% | 1.33% | 1.05% |
 WFCWells Fargo & Co. COM | 1.01% | 1.15% | 1.01% |
 UNHUnitedHealth Group Inc. COM | 1.00% | 1.66% | 1.00% |
 GSGoldman Sachs Group, Inc. (The) | 0.98% | 1.39% | 0.98% |
 LINLinde PLC COM EUR0.001 | 0.94% | 1.11% | 0.94% |
 IBMInternational Business Machines Corp. COM | 0.93% | 1.34% | 0.93% |
 PEPPepsico Inc COM | 0.87% | 0.95% | 0.87% |
 TAT&T Inc COM | 0.83% | 0.83% | 0.83% |
 MSMorgan Stanley COM NEW | 0.80% | 1.19% | 0.80% |
Frequently Asked Questions
How much do VTV and MGV overlap?
VTV and MGV overlap by 73.0% of portfolio weight. They share 113 holdings (VTV holds 311 positions and MGV holds 120), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VTV and MGV?
The two portfolios are 73.0% 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 MGV?
The largest positions held by both funds are BRK-B, JPM, XOM, JNJ and WMT. Together the top 10 shared positions account for 29% of the total overlap.
What does VTV own that MGV doesn't?
198 positions (25.3% of VTV) are unique to VTV, led by GLW, CEG and SLB. In the other direction, 7 positions (4.1% of MGV) are unique to MGV.