VTV vs VONV: Holdings Overlap
Vanguard · 311 holdings · $191.4B · as of 2026-03-31
VONVVanguard Russell 1000 Value Index Fund
Vanguard · 865 holdings · $21.9B · as of 2026-05-31
Holdings snapshots are 61 days apart (VTV: 2026-03-31, VONV: 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 VONV?
Vanguard Value Index Fund (VTV, by Vanguard) holds 311 positions; Vanguard Russell 1000 Value Index Fund (VONV, by Vanguard) holds 865. They have 295 holdings in common, and by portfolio weight the two funds are 67.1% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 67.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 295VTV holds 311 · VONV holds 865
- Weight in Shared Holdings
- VTV 94%·VONV 72%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
16 of 311 positions (5.3% of the fund) are not held by VONV.
Only in VONV
570 of 865 positions (27.8% of the fund) are not held by VTV. Showing the top 30 by weight.
Sector Breakdown
| Sector | VTV | VONV |
|---|---|---|
| Financials | 21.9% | 18.5% |
| Information Technology | 9.9% | 17.8% |
| Health Care | 15.3% | 10.6% |
| Industrials | 14.4% | 12.7% |
| Consumer Staples | 9.5% | 6.7% |
| Other Sectors | 27.8% | 33.2% |
| 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 VONV).
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% |
| VONV | +4.0% | +23.4% | +34.7% | +19.1% | +12.1% | +11.8% | 1.52% |
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 VONV →
Shared Holdings(295)
The top 10 shared positions account for 23% of the overlap, led by BRK-B, JPM and XOM.
 BRK-BBerkshire Hathaway, Inc., Class B | 3.06% | 2.60% | 2.60% |
|---|---|---|---|
 JPMJPMorgan Chase & Co. COM | 3.03% | 2.27% | 2.27% |
 XOMExxon Mobil Corp. COM | 2.90% | 1.82% | 1.82% |
 JNJJohnson & Johnson COM | 2.41% | 1.61% | 1.61% |
 MUMicron Technology Inc. COM | 1.56% | 3.22% | 1.56% |
 WMTWalmart Inc COM | 2.23% | 1.35% | 1.35% |
 CSCOCisco Systems, Inc. COM | 1.13% | 1.42% | 1.13% |
 CATCaterpillar Inc COM | 1.35% | 1.06% | 1.06% |
 CVXChevron Corp. COM | 1.61% | 1.02% | 1.02% |
 UNHUnitedHealth Group Inc. COM | 1.00% | 1.03% | 1.00% |
 PGThe Procter & Gamble Co. COM | 1.38% | 1.00% | 1.00% |
 BACBank of America Corp. COM | 1.23% | 0.93% | 0.93% |
 MRKMerck & Co., Inc COM | 1.22% | 0.88% | 0.88% |
 IBMInternational Business Machines Corp. COM | 0.93% | 0.82% | 0.82% |
 PMPhilip Morris International Inc. COM | 1.05% | 0.82% | 0.82% |
 GSGoldman Sachs Group, Inc. (The) | 0.98% | 0.81% | 0.81% |
 INTCIntel Corporation COM | 0.72% | 1.50% | 0.72% |
 RTXRTX Corp. COM | 1.06% | 0.71% | 0.71% |
 WFCWells Fargo & Co. COM | 1.01% | 0.71% | 0.71% |
 MSMorgan Stanley COM NEW | 0.80% | 0.70% | 0.70% |
 LINLinde PLC COM EUR0.001 | 0.94% | 0.69% | 0.69% |
 ADIAnalog Devices Inc. COM | 0.64% | 0.60% | 0.60% |
 VZVerizon Communications Inc. COM | 0.78% | 0.60% | 0.60% |
 QCOMQUALCOMM Inc. COM | 0.56% | 0.61% | 0.56% |
 AMATApplied Materials Inc. COM | 0.56% | 0.76% | 0.56% |
Showing the top 250 of 295 shared holdings by overlap weight.
Frequently Asked Questions
How much do VTV and VONV overlap?
VTV and VONV overlap by 67.1% of portfolio weight. They share 295 holdings (VTV holds 311 positions and VONV holds 865), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VTV and VONV?
The two portfolios are 67.1% 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 VONV?
The largest positions held by both funds are BRK-B, JPM, XOM, JNJ and MU. Together the top 10 shared positions account for 23% of the total overlap.
What does VTV own that VONV doesn't?
16 positions (5.3% of VTV) are unique to VTV, led by ABBV, GE and BRK-A. In the other direction, 570 positions (27.8% of VONV) are unique to VONV.