VXF vs XAR: Holdings Overlap
VXFVanguard Extended Market Index Fund
Vanguard · 3359 holdings · $32.2B · as of 2026-03-31
XARState Street® SPDR® S&P® Aerospace & Defense ETF
State Street (SPDR) · 47 holdings · $6.4B · as of 2026-08-06
Holdings snapshots are 128 days apart (VXF: 2026-03-31, XAR: 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 VXF and XAR?
Vanguard Extended Market Index Fund (VXF, by Vanguard) holds 3359 positions; State Street® SPDR® S&P® Aerospace & Defense ETF (XAR, by State Street (SPDR)) holds 47. They have 35 holdings in common, and by portfolio weight the two funds are 3.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 35VXF holds 3359 · XAR holds 47
- Weight in Shared Holdings
- VXF 3%·XAR 66%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 VXF
3324 of 3359 positions (96.3% of the fund) are not held by XAR. Showing the top 30 by weight.
Sector Breakdown
| Sector | VXF | XAR |
|---|---|---|
| Industrials | 19.5% | 98.4% |
| Information Technology | 16.3% | 0.0% |
| Financials | 15.0% | 0.0% |
| Health Care | 13.3% | 0.0% |
| Consumer Discretionary | 9.8% | 0.0% |
| Other Sectors | 23.6% | 0.0% |
| Unclassified | 2.4% | 1.6% |
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 (2% of VXF, 2% of XAR).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| VXF | +2.4% | +18.9% | +26.9% | +18.6% | +6.9% | +12.0% | 0.99% |
| XAR | +2.7% | +19.0% | +33.7% | +33.2% | +18.5% | +18.1% | 0.28% |
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 VXF vs XAR →
Shared Holdings(35)
The top 10 shared positions account for 77% of the overlap, led by RKLB, FTAI and CW.
 RKLBRocket Lab Corp. COM | 0.41% | 1.86% | 0.41% |
|---|---|---|---|
 FTAIFTAI Aviation Ltd COM USD0.01 | 0.34% | 2.54% | 0.34% |
 CWCurtiss-Wright Corporation | 0.34% | 2.57% | 0.34% |
 WWDWoodward Inc. COM | 0.29% | 2.58% | 0.29% |
 ATIATI Inc COMMON STOCK | 0.27% | 3.15% | 0.27% |
 CRSCarpenter Technology Corporation COM | 0.27% | 2.76% | 0.27% |
 BWXTBWX Technologies Inc. COM | 0.26% | 2.36% | 0.26% |
 KTOSKratos Defense & Security Solutions, Inc. COM NEW | 0.18% | 2.71% | 0.18% |
 HEIHeico Corp COM | 0.16% | 2.93% | 0.16% |
 MOG-AMoog, Inc., Class A | 0.11% | 2.78% | 0.11% |
 KRMNKarman Holdings Inc. COMMON STOCK | 0.08% | 3.11% | 0.08% |
 HXLHexcel Corporation COM | 0.08% | 2.91% | 0.08% |
 AVAVAeroVironment, Inc. COM | 0.08% | 2.56% | 0.08% |
 VSECVSE Corp. COM | 0.07% | 3.37% | 0.07% |
 SAROStandardAero Inc. COM | 0.07% | 3.13% | 0.07% |
 AIRAAR Corp. COM | 0.06% | 2.72% | 0.06% |
 MRCYMercury Systems Inc COM | 0.05% | 2.01% | 0.05% |
 DRSLeonardo DRS Inc COM | 0.05% | 2.11% | 0.05% |
 ACHRArcher Aviation, Inc., Class A | 0.04% | 2.68% | 0.04% |
 ATROAstronics Corp. COM | 0.03% | 1.95% | 0.03% |
 LUNRIntuitive Machines Inc CLASS A COM | 0.03% | 1.46% | 0.03% |
 LOARLoar Holdings Inc COM SHS | 0.03% | 1.83% | 0.03% |
 DCODucommun Incorporated COM | 0.02% | 1.55% | 0.02% |
 VVXV2X Inc COM | 0.02% | 1.19% | 0.02% |
 RCATRed Cat Holdings Inc. COM | 0.02% | 1.09% | 0.02% |
Frequently Asked Questions
How much do VXF and XAR overlap?
VXF and XAR overlap by 3.5% of portfolio weight. They share 35 holdings (VXF holds 3359 positions and XAR holds 47), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VXF and XAR?
The two portfolios are 3.5% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of VXF and XAR?
The largest positions held by both funds are RKLB, FTAI, CW, WWD and ATI. Together the top 10 shared positions account for 77% of the total overlap.
What does VXF own that XAR doesn't?
3324 positions (96.3% of VXF) are unique to VXF, led by MRVL, NET and LNG. In the other direction, 12 positions (34.3% of XAR) are unique to XAR.