VIG vs VOO: About 41% ETF Overlap
Vanguard Dividend Appreciation Index Fund ETF Shares vs Vanguard S&P 500 ETF — shared top holdings, sector duplication, and what makes each fund different.
Data as of November 11, 2026
About 41% of VIG's and VOO's money sits in the same companies: 169 companies are in both
Every holding from each fund's SEC Form N-PORT filing: VIG as of July 31, 2026, VOO as of June 30, 2026.
The funds report on different dates, so the figure is approximate: two funds with the same holdings can read several points lower than they would on one date.
The largest holdings they share
| Company | Weight in VIG | Weight in VOO |
|---|---|---|
| Apple | 4.5% | 6.6% |
| Microsoft | 4.3% | 4.3% |
| Broadcom | 4.6% | 2.8% |
| Eli Lilly | 3.9% | 1.5% |
| JPMorgan Chase | 4.1% | 1.3% |
| Johnson & Johnson | 2.7% | 0.9% |
| ExxonMobil | 2.8% | 0.9% |
| Visa | 2.4% | 0.9% |
| Lam Research | 1.6% | 0.8% |
| Walmart | 2.1% | 0.8% |
| Caterpillar | 1.6% | 0.8% |
| Cisco Systems | 2% | 0.7% |
| AbbVie | 1.9% | 0.7% |
| Costco Wholesale | 1.8% | 0.6% |
| Mastercard | 2% | 0.6% |
Yearly fee on $10,000
Where they differ
- Tech
- Financials
- Communication
- Consumer
- Health
- Other
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What's different between VIG and VOO?
The largest VIG positions missing from VOO's disclosed top holdings are LLY, JPM, XOM. In the other direction, VOO's largest positions not in VIG's top list are NVDA, GOOGL, AMZN. Disclosed lists cover 34.5% of VIG and 39.1% of VOO; the sector table below compares the funds on complete data.
What does this overlap mean?
About 41% overlap by weight is moderate. The funds share a meaningful core but each adds distinct exposure. This is a normal level for a satellite holding around a core index fund.
Sector breakdown: VIG vs VOO
| Sector | VIG | VOO | Overlap |
|---|---|---|---|
| Technology | 27.4% | 40.5% | 27.4% |
| Financial Services | 20.7% | 11.1% | 11.1% |
| Health Care | 18.7% | 9.3% | 9.3% |
| Industrials | 10.8% | 7.6% | 7.6% |
| Communication Services | 0% | 9.9% | 0% |
| Consumer Staples | 9.1% | 4.3% | 4.3% |
| Consumer Discretionary | 3.9% | 8.8% | 3.9% |
| Energy | 3.6% | 3.4% | 3.4% |
| Materials | 3.2% | 1.6% | 1.6% |
| Utilities | 2.7% | 1.9% | 1.9% |
| Real Estate | 0% | 1.7% | 0% |
How we calculate it
The headline sums min(weight in fund A, weight in fund B) over every holding the two funds own, read from each fund's latest SEC Form N-PORT filing, with the share classes of one company counted once. The sector table uses each fund's sector allocation, and the top-holdings comparison each fund's disclosed largest positions.
Re-run this comparison live
Fund holdings change over time. Open VIG vs VOO in the interactive ETF overlap calculator for a fresh comparison — or swap in any other tickers.
Data & methodology disclaimer
This tool is for education, not investment advice. Holdings and sector data come from public market-data feeds, reflect each fund's most recently disclosed top positions, and can lag the fund's actual portfolio. Overlap computed from disclosed top holdings is a lower bound. Always verify against the fund provider's official holdings file before making decisions.
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