IVW is a U.S. growth equity ETF from IShares, while VUG is a U.S. growth equity ETF from Vanguard. IVW and VUG show very heavy overlap, with an estimated weighted overlap of 76.5%. They share 84 holdings in the loaded dataset, led by NVDA, MSFT, and AAPL.
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IVW is a U.S. growth equity ETF from IShares, while VUG is a U.S. growth equity ETF from Vanguard. IVW and VUG show very heavy overlap, with an estimated weighted overlap of 76.5%. They share 84 holdings in the loaded dataset, led by NVDA, MSFT, and AAPL.
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IVW is a U.S. growth equity ETF from IShares, while VUG is a U.S. growth equity ETF from Vanguard. IVW and VUG are closely aligned. A large share of their portfolio weight is invested in the same companies, especially NVDA, MSFT, and AAPL, which means holding both is likely to feel similar to increasing the size of one core position.
IVW is a U.S. growth equity ETF from IShares, while VUG is a U.S. growth equity ETF from Vanguard. IVW is the broader fund, while VUG is the more targeted sleeve. VUG has the lower expense ratio, while IVW charges more for its exposure.
The overlap is driven by a relatively small set of large shared positions. The top three shared holdings account for 37.69% of the score, which means the result is heavily influenced by the biggest common weights rather than a long tail of tiny positions.
If you want the broader portfolio building block, IVW is usually the wider choice. If you want the more focused tilt, VUG is the narrower expression. VUG has the lower expense ratio, while IVW charges more for its exposure.
Concentration
The top three shared holdings explain 37.69% 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.
These are the holdings contributing the most to the overlap score between IVW and VUG.
| Holding | Name | IVW Wt. | VUG Wt. | Overlap |
|---|---|---|---|---|
| NVDA | NVIDIA Corp. | 14.62% | 13.31% | 13.31% |
| MSFT | Microsoft Corp. | 9.48% | 9.09% | 9.09% |
| AAPL | Apple Inc. | 6.43% | 12.32% | 6.43% |
| GOOGL | Alphabet Inc. | 5.78% | 5.54% | 5.54% |
| AVGO | Broadcom Inc | 5.06% | 4.40% | 4.40% |
| GOOG | Alphabet Inc. | 4.63% | 4.39% | 4.39% |
| META | Meta Platforms Inc | 4.32% | 4.15% | 4.15% |
| AMZN | Amazon.com, Inc. | 3.72% | 4.59% | 3.72% |
| LLY | Eli Lilly & Co. | 2.51% | 2.60% | 2.51% |
| TSLA | Tesla Inc | 2.24% | 3.47% | 2.24% |
IVW is a U.S. growth equity ETF from IShares, while VUG is a U.S. growth 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, MSFT, and AAPL, which appear in both portfolios and push the overlap score higher.
Holding both IVW and VUG is usually redundant unless you have a very specific reason to tilt toward their shared holdings. In most cases, one ETF is enough.
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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.