IWD is a U.S. value equity ETF from IShares, while VV is a large-cap U.S. equity ETF from Vanguard. IWD and VV show heavy overlap, with an estimated weighted overlap of 53.14%. They share 353 holdings in the loaded dataset, led by GOOGL, AMZN, and GOOG.
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IWD is a U.S. value equity ETF from IShares, while VV is a large-cap U.S. equity ETF from Vanguard. IWD and VV show heavy overlap, with an estimated weighted overlap of 53.14%. They share 353 holdings in the loaded dataset, led by GOOGL, AMZN, and GOOG.
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IWD is a U.S. value equity ETF from IShares, while VV is a large-cap U.S. equity ETF from Vanguard. IWD and VV share a large chunk of the same portfolio weight. The overlap is driven by positions like GOOGL, AMZN, and GOOG, so owning both may not diversify your stock exposure as much as the fund names suggest.
IWD is a U.S. value equity ETF from IShares, while VV is a large-cap U.S. equity ETF from Vanguard. VV is the broader fund, while IWD is the more targeted sleeve. VV has the lower expense ratio, while IWD 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 10.06% 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, VV is usually the wider choice. If you want the more focused tilt, IWD is the narrower expression. VV has the lower expense ratio, while IWD charges more for its exposure.
Concentration
The top three shared holdings explain 10.06% 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 IWD and VV.
| Holding | Name | IWD Wt. | VV Wt. | Overlap |
|---|---|---|---|---|
| GOOGL | ALPHABET INC. | 1.95% | 3.06% | 1.95% |
| AMZN | AMAZON.COM, INC. | 1.81% | 3.68% | 1.81% |
| GOOG | ALPHABET INC. | 1.59% | 2.43% | 1.59% |
| BRK.B | BERKSHIRE HATHAWAY INC. | 2.91% | 1.54% | 1.54% |
| JPM | JPMORGAN CHASE & CO. | 2.63% | 1.36% | 1.36% |
| 30231G102 | EXXON MOBIL CORPORATION | 2.36% | 1.29% | 1.29% |
| JNJ | JOHNSON & JOHNSON | 1.94% | 1.08% | 1.08% |
| WMT | WALMART INC. | 1.60% | 1.00% | 1.00% |
| META | META PLATFORMS, INC. | 0.73% | 2.29% | 0.73% |
| CVX | CHEVRON CORPORATION | 1.28% | 0.72% | 0.72% |
IWD is a U.S. value equity ETF from IShares, while VV is a large-cap U.S. 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 GOOGL, AMZN, and GOOG, which appear in both portfolios and push the overlap score higher.
Holding both IWD and VV 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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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.