ETF Overlap Checker
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ETF Overlap Checker

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IVW vs VOO Overlap

IVW is a U.S. growth equity ETF from IShares, while VOO is a U.S. large-cap core ETF from Vanguard. IVW and VOO show heavy overlap, with an estimated weighted overlap of 63%. They share 135 holdings in the loaded dataset, led by NVDA, AAPL, and MSFT.

63.0% overlap
#
135Shared Holdings
OK
High Overlap

Freshly computed.

Quick Answer

IVW is a U.S. growth equity ETF from IShares, while VOO is a U.S. large-cap core ETF from Vanguard. IVW and VOO show heavy overlap, with an estimated weighted overlap of 63%. They share 135 holdings in the loaded dataset, led by NVDA, AAPL, and MSFT.

  • 63% weighted overlap across 135 shared holdings.
  • The top three shared holdings explain 30.03% of the measured overlap.
  • IVW and VOO are closer in breadth than a broad-vs-niche ETF pair.
  • 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

IVW holdings
Aug 12, 2026
VOO holdings
Aug 13, 2026
Overlap computed
Aug 13, 2026
Data source
Financial Modeling Prep

Review the methodology for the overlap formula and refresh policy.

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About These ETFs

ETF A

IVW

iShares S&P 500 Growth ETF

Issuer
IShares
Asset class
Equity
Expense ratio
0.18%
AUM
$78B
Inception
May 21, 2000

ETF B

VOO

Vanguard S&P 500 ETF

Issuer
Vanguard
Asset class
Large Cap Equity
Expense ratio
0.03%
AUM
$2T
Inception
Sep 7, 2010

What Stands Out In This Comparison

01

What This Means

IVW is a U.S. growth equity ETF from IShares, while VOO is a U.S. large-cap core ETF from Vanguard. IVW and VOO share a large chunk of the same portfolio weight. The overlap is driven by positions like NVDA, AAPL, and MSFT, so owning both may not diversify your stock exposure as much as the fund names suggest.

02

How They Differ

IVW is a U.S. growth equity ETF from IShares, while VOO is a U.S. large-cap core ETF from Vanguard. Neither fund clearly dominates on breadth, so the practical difference is more about weighting, index construction, and cost. VOO has the lower expense ratio, while IVW charges more for its exposure.

03

What Drives The Overlap

The overlap is driven by a relatively small set of large shared positions. The top three shared holdings account for 30.03% of the score, which means the result is heavily influenced by the biggest common weights rather than a long tail of tiny positions.

04

When One May Fit Better

Because IVW and VOO are closer in breadth, the better fit usually comes down to index methodology, issuer preference, and cost. VOO has the lower expense ratio, while IVW charges more for its exposure.

Overlap Driver Snapshot

Concentration

The top three shared holdings explain 30.03% 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 IVW and VOO.

HoldingNameIVW Wt.VOO Wt.Overlap
NVDANVIDIA Corp.14.62%7.58%7.58%
AAPLApple Inc.6.43%6.66%6.43%
MSFTMicrosoft Corp.9.48%4.91%4.91%
AMZNAmazon.com, Inc.3.72%3.64%3.64%
GOOGLAlphabet Inc.5.78%2.99%2.99%
AVGOBroadcom Inc5.06%2.62%2.62%
GOOGAlphabet Inc.4.63%2.40%2.40%
METAMeta Platforms Inc4.32%2.24%2.24%
TSLATesla Inc2.24%1.87%1.87%
BRK.BBerkshire Hathaway Inc.3.03%1.57%1.57%

Why These ETFs Overlap

IVW is a U.S. growth equity ETF from IShares, while VOO is a U.S. large-cap core 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 IVW and VOO may add less diversification than you expect. Many investors would choose the ETF that best matches their goal and avoid paying for duplicate exposure.

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Frequently Asked Questions About IVW and VOO

What is the overlap between IVW and VOO?+
IVW and VOO currently show an estimated weighted overlap of 63% based on the loaded holdings data.
How many holdings do IVW and VOO share?+
They share 135 holdings in the current dataset.
Is the IVW and VOO overlap high?+
The current verdict is High Overlap. That means the two ETFs have substantial duplication in portfolio weight.
Why do IVW and VOO overlap?+
IVW and VOO overlap because the same large positions appear in both funds. In this comparison, the top three shared holdings explain 30.03% of the measured overlap score.
Which ETF is broader, IVW or VOO?+
IVW and VOO look closer in breadth than a broad-vs-niche pair, so the main difference is more about strategy and weighting than simple market coverage.

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How Overlap Is Calculated

A straightforward approach used by portfolio analysts.

Overlap = sum(min(Weight_A, Weight_B)) for each shared holding

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.

Looking for another pair? Start from the homepage or open the canonical URL for this comparison at /compare/IVW-VOO.