VTV vs SPYV: Holdings Overlap
Vanguard · 311 holdings · $191.4B · as of 2026-03-31
SPYVState Street® SPDR® Portfolio S&P 500® Value ETF
State Street (SPDR) · 438 holdings · $36.8B · as of 2026-08-06
Holdings snapshots are 128 days apart (VTV: 2026-03-31, SPYV: 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 VTV and SPYV?
Vanguard Value Index Fund (VTV, by Vanguard) holds 311 positions; State Street® SPDR® Portfolio S&P 500® Value ETF (SPYV, by State Street (SPDR)) holds 438. They have 283 holdings in common, and by portfolio weight the two funds are 64.2% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 64.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 283VTV holds 311 · SPYV holds 438
- Weight in Shared Holdings
- VTV 85%·SPYV 68%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
28 of 311 positions (14.2% of the fund) are not held by SPYV.
Sector Breakdown
| Sector | VTV | SPYV |
|---|---|---|
| Financials | 21.9% | 16.3% |
| Information Technology | 9.9% | 19.6% |
| Health Care | 15.3% | 12.4% |
| Industrials | 14.4% | 11.6% |
| Consumer Discretionary | 4.2% | 10.3% |
| Other Sectors | 33.1% | 29.7% |
| 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 SPYV).
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% |
| SPYV | +2.2% | +12.1% | +21.6% | +14.8% | +11.7% | +11.9% | 1.66% |
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 SPYV →
Shared Holdings(283)
The top 10 shared positions account for 17% of the overlap, led by WMT, BAC and CVX.
 WMTWalmart Inc COM | 2.23% | 1.64% | 1.64% |
|---|---|---|---|
 BACBank of America Corp. COM | 1.23% | 1.37% | 1.23% |
 CVXChevron Corp. COM | 1.61% | 1.18% | 1.18% |
 HDHome Depot, Inc. (The) | 1.34% | 1.16% | 1.16% |
 PGThe Procter & Gamble Co. COM | 1.38% | 1.14% | 1.14% |
 MRKMerck & Co., Inc COM | 1.22% | 1.06% | 1.06% |
 JPMJPMorgan Chase & Co. COM | 3.03% | 1.02% | 1.02% |
 UNHUnitedHealth Group Inc. COM | 1.00% | 1.23% | 1.00% |
 WFCWells Fargo & Co. COM | 1.01% | 0.89% | 0.89% |
 JNJJohnson & Johnson COM | 2.41% | 0.85% | 0.85% |
 ABBVAbbVie Inc. COM | 1.58% | 0.78% | 0.78% |
 CCitigroup Inc. COM NEW | 0.76% | 0.76% | 0.76% |
 LINLinde PLC COM EUR0.001 | 0.94% | 0.76% | 0.76% |
 CSCOCisco Systems, Inc. COM | 1.13% | 0.75% | 0.75% |
 INTCIntel Corporation COM | 0.72% | 1.58% | 0.72% |
 TMOThermo Fisher Scientific Inc COM | 0.75% | 0.72% | 0.72% |
 VZVerizon Communications Inc. COM | 0.78% | 0.66% | 0.66% |
 KOCoca-Cola Co (The) COM | 1.07% | 0.65% | 0.65% |
 PEPPepsico Inc COM | 0.87% | 0.63% | 0.63% |
 ABTAbbott Laboratories COM | 0.73% | 0.63% | 0.63% |
 ADIAnalog Devices Inc. COM | 0.64% | 0.62% | 0.62% |
 DISWalt Disney Company COM | 0.70% | 0.61% | 0.61% |
 NEENextEra Energy Inc COM | 0.75% | 0.59% | 0.59% |
 SCHWThe Charles Schwab Corporation COM | 0.64% | 0.59% | 0.59% |
 UNPUnion Pacific Corporation COM | 0.59% | 0.59% | 0.59% |
Showing the top 250 of 283 shared holdings by overlap weight.
Frequently Asked Questions
How much do VTV and SPYV overlap?
VTV and SPYV overlap by 64.2% of portfolio weight. They share 283 holdings (VTV holds 311 positions and SPYV holds 438), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VTV and SPYV?
The two portfolios are 64.2% 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 SPYV?
The largest positions held by both funds are WMT, BAC, CVX, HD and PG. Together the top 10 shared positions account for 17% of the total overlap.
What does VTV own that SPYV doesn't?
28 positions (14.2% of VTV) are unique to VTV, led by BRK-B, XOM and MU. In the other direction, 155 positions (31.5% of SPYV) are unique to SPYV.