VTV vs XLG: Holdings Overlap
Vanguard · 311 holdings · $191.4B · as of 2026-03-31
Invesco · 51 holdings · $10.7B · as of 2026-04-30
Holdings snapshots are 30 days apart (VTV: 2026-03-31, XLG: 2026-04-30). 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 XLG?
Vanguard Value Index Fund (VTV, by Vanguard) holds 311 positions; Invesco S&P 500 Top 50 ETF (XLG, by Invesco) holds 51. They have 29 holdings in common, and by portfolio weight the two funds are 26.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 26.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 29VTV holds 311 · XLG holds 51
- Weight in Shared Holdings
- VTV 37%·XLG 27%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
282 of 311 positions (62.3% of the fund) are not held by XLG. Showing the top 30 by weight.
Sector Breakdown
| Sector | VTV | XLG |
|---|---|---|
| Information Technology | 9.9% | 43.7% |
| Financials | 21.9% | 9.6% |
| Communication Services | 3.5% | 17.0% |
| Health Care | 15.3% | 7.0% |
| Industrials | 14.4% | 1.9% |
| Other Sectors | 33.8% | 20.4% |
| 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 XLG).
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% |
| XLG | +3.7% | +7.2% | +17.9% | +22.2% | +14.3% | +16.6% | 0.63% |
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 XLG →
Shared Holdings(29)
The top 10 shared positions account for 55% of the overlap, led by BRK-B, JPM and XOM.
 BRK-BBerkshire Hathaway, Inc., Class B | 3.06% | 2.34% | 2.34% |
|---|---|---|---|
 JPMJPMorgan Chase & Co. COM | 3.03% | 2.27% | 2.27% |
 XOMExxon Mobil Corp. COM | 2.90% | 1.73% | 1.73% |
 WMTWalmart Inc COM | 2.23% | 1.56% | 1.56% |
 JNJJohnson & Johnson COM | 2.41% | 1.49% | 1.49% |
 CATCaterpillar Inc COM | 1.35% | 1.11% | 1.11% |
 ABBVAbbVie Inc. COM | 1.58% | 1.00% | 1.00% |
 CVXChevron Corp. COM | 1.61% | 0.97% | 0.97% |
 CSCOCisco Systems, Inc. COM | 1.13% | 0.97% | 0.97% |
 BACBank of America Corp. COM | 1.23% | 0.95% | 0.95% |
 PGThe Procter & Gamble Co. COM | 1.38% | 0.92% | 0.92% |
 UNHUnitedHealth Group Inc. COM | 1.00% | 0.90% | 0.90% |
 HDHome Depot, Inc. (The) | 1.34% | 0.88% | 0.88% |
 KOCoca-Cola Co (The) COM | 1.07% | 0.82% | 0.82% |
 GSGoldman Sachs Group, Inc. (The) | 0.98% | 0.74% | 0.74% |
 MRKMerck & Co., Inc COM | 1.22% | 0.73% | 0.73% |
 PMPhilip Morris International Inc. COM | 1.05% | 0.69% | 0.69% |
 WFCWells Fargo & Co. COM | 1.01% | 0.68% | 0.68% |
 LINLinde PLC COM EUR0.001 | 0.94% | 0.63% | 0.63% |
 PEPPepsico Inc COM | 0.87% | 0.58% | 0.58% |
 IBMInternational Business Machines Corp. COM | 0.93% | 0.58% | 0.58% |
 GEGeneral Electric Co. | 0.58% | 0.82% | 0.58% |
 VZVerizon Communications Inc. COM | 0.78% | 0.54% | 0.54% |
 DISWalt Disney Company COM | 0.70% | 0.49% | 0.49% |
 TAT&T Inc COM | 0.83% | 0.49% | 0.49% |
Frequently Asked Questions
How much do VTV and XLG overlap?
VTV and XLG overlap by 26.1% of portfolio weight. They share 29 holdings (VTV holds 311 positions and XLG holds 51), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VTV and XLG?
The two portfolios are 26.1% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of VTV and XLG?
The largest positions held by both funds are BRK-B, JPM, XOM, WMT and JNJ. Together the top 10 shared positions account for 55% of the total overlap.
What does VTV own that XLG doesn't?
282 positions (62.3% of VTV) are unique to VTV, led by MU, RTX and MS. In the other direction, 22 positions (72.8% of XLG) are unique to XLG.