IVV vs VGT Overlap
IVV is a U.S. large-cap core ETF from IShares, while VGT is a technology-focused equity ETF from Vanguard. IVV and VGT show meaningful overlap, with an estimated weighted overlap of 32.97%. They share 68 holdings in the loaded dataset, led by NVDA, AAPL, and MSFT.
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Quick Answer
IVV is a U.S. large-cap core ETF from IShares, while VGT is a technology-focused equity ETF from Vanguard. IVV and VGT show meaningful overlap, with an estimated weighted overlap of 32.97%. They share 68 holdings in the loaded dataset, led by NVDA, AAPL, and MSFT.
- 32.97% weighted overlap across 68 shared holdings.
- The top three shared holdings explain 59.32% of the measured overlap.
- IVV is the broader fund, while VGT is more targeted.
- The overlap is mostly explained by the top shared positions rather than sector labels alone.
- Holding both may add less diversification than the fund names imply.
Data Freshness
- IVV holdings
- Mar 12, 2026
- VGT holdings
- Mar 12, 2026
- Overlap computed
- Mar 13, 2026
- Data source
- Financial Modeling Prep
Review the methodology for the overlap formula and refresh policy.
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About These ETFs
What Stands Out In This Comparison
What This Means
IVV is a U.S. large-cap core ETF from IShares, while VGT is a technology-focused equity ETF from Vanguard. IVV and VGT overlap enough to matter, but they still bring different exposures to a portfolio. The overlap is concentrated in holdings such as NVDA, AAPL, and MSFT, which explains why the score lands at 32.97%.
How They Differ
IVV is a U.S. large-cap core ETF from IShares, while VGT is a technology-focused equity ETF from Vanguard. IVV is the broader fund, while VGT is the more targeted sleeve. IVV has the lower expense ratio, while VGT charges more for its exposure.
What Drives The Overlap
The overlap is driven by a relatively small set of large shared positions. The top three shared holdings account for 59.32% of the score, which means the result is heavily influenced by the biggest common weights rather than a long tail of tiny positions.
When One May Fit Better
If you want the broader portfolio building block, IVV is usually the wider choice. If you want the more focused tilt, VGT is the narrower expression. IVV has the lower expense ratio, while VGT charges more for its exposure.
Overlap Driver Snapshot
Concentration
The top three shared holdings explain 59.32% of the full overlap score.
That helps show whether the score comes from a handful of giant shared positions or from a broader mix of common holdings.
Shared Sector Tilt
Sector tags are not consistently available for the biggest shared positions in this dataset, so this comparison leans more on the specific holdings than on sector labels.
Top Shared Holdings
These are the holdings contributing the most to the overlap score between IVV and VGT.
| Holding | Name | IVV Wt. | VGT Wt. | Overlap |
|---|---|---|---|---|
| NVDA | NVIDIA CORP | 7.73% | 18.06% | 7.73% |
| AAPL | APPLE INC | 6.64% | 14.34% | 6.64% |
| MSFT | MICROSOFT CORP | 5.19% | 10.94% | 5.19% |
| AVGO | BROADCOM INC | 2.79% | 4.33% | 2.79% |
| MU | MICRON TECHNOLOGY INC | 0.78% | 2.35% | 0.78% |
| PLTR | PALANTIR TECHNOLOGIES INC CLASS A | 0.59% | 1.62% | 0.59% |
| AMD | ADVANCED MICRO DEVICES INC | 0.57% | 1.90% | 0.57% |
| CSCO | CISCO SYSTEMS INC | 0.53% | 1.56% | 0.53% |
| AMAT | APPLIED MATERIAL INC | 0.47% | 1.34% | 0.47% |
| LRCX | LAM RESEARCH CORP | 0.47% | 1.52% | 0.47% |
Why These ETFs Overlap
IVV is a U.S. large-cap core ETF from IShares, while VGT is a technology-focused equity ETF from Vanguard. The overlap exists because both funds allocate meaningful weight to the same holdings. In this dataset, the biggest shared drivers are NVDA, AAPL, and MSFT, which appear in both portfolios and push the overlap score higher.
Holding both IVV and VGT can still be reasonable, but you should expect some duplication. The decision comes down to whether the non-overlapping parts of each ETF are important enough for your strategy.
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Frequently Asked Questions About IVV and VGT
What is the overlap between IVV and VGT?+
How many holdings do IVV and VGT share?+
Is the IVV and VGT overlap high?+
Why do IVV and VGT overlap?+
Which ETF is broader, IVV or VGT?+
How Overlap Is Calculated
A straightforward approach used by portfolio analysts.
For every stock that appears in both ETFs, we take the smaller of the two weights. Adding up all those minimums gives the total overlap percentage. A score of 100% means the two ETFs hold the exact same stocks in the same proportions.
Want the full explanation? Read the methodology page.