SOXX vs VGT Overlap

SOXX is a semiconductor-focused equity ETF from IShares, while VGT is a technology-focused equity ETF from Vanguard. SOXX and VGT show meaningful overlap, with an estimated weighted overlap of 25.94%. They share 22 holdings in the loaded dataset, led by NVDA, AVGO, and MU.

25.9% overlap
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22Shared Holdings
OK
Moderate Overlap

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Quick Answer

SOXX is a semiconductor-focused equity ETF from IShares, while VGT is a technology-focused equity ETF from Vanguard. SOXX and VGT show meaningful overlap, with an estimated weighted overlap of 25.94%. They share 22 holdings in the loaded dataset, led by NVDA, AVGO, and MU.

  • 25.94% weighted overlap across 22 shared holdings.
  • The top three shared holdings explain 53.8% of the measured overlap.
  • SOXX and VGT 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

SOXX 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

ETF A

SOXX

iShares Semiconductor ETF

Issuer
IShares
Asset class
Equity
Expense ratio
0.34%
AUM
$21B
Inception
Jul 10, 2001

ETF B

VGT

Vanguard Information Technology ETF

Issuer
Vanguard
Asset class
Sector Equity
Expense ratio
0.09%
AUM
$130B
Inception
Jan 26, 2004

What Stands Out In This Comparison

01

What This Means

SOXX is a semiconductor-focused equity ETF from IShares, while VGT is a technology-focused equity ETF from Vanguard. SOXX and VGT overlap enough to matter, but they still bring different exposures to a portfolio. The overlap is concentrated in holdings such as NVDA, AVGO, and MU, which explains why the score lands at 25.94%.

02

How They Differ

SOXX is a semiconductor-focused equity ETF from IShares, while VGT is a technology-focused equity ETF from Vanguard. Neither fund clearly dominates on breadth, so the practical difference is more about weighting, index construction, and cost. VGT has the lower expense ratio, while SOXX 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 53.8% 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 SOXX and VGT are closer in breadth, the better fit usually comes down to index methodology, issuer preference, and cost. VGT has the lower expense ratio, while SOXX charges more for its exposure.

Overlap Driver Snapshot

Concentration

The top three shared holdings explain 53.8% 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 SOXX and VGT.

HoldingSOXX Wt.VGT Wt.Overlap
NVDA7.28%18.06%7.28%
AVGO5.92%4.33%4.33%
MU8.75%2.35%2.35%
AMD6.51%1.90%1.90%
LRCX4.81%1.52%1.52%
AMAT7.04%1.34%1.34%
INTC4.02%1.07%1.07%
TXN4.09%1.03%1.03%
KLAC4.31%0.99%0.99%
QCOM2.80%0.84%0.84%

Why These ETFs Overlap

SOXX is a semiconductor-focused equity 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, AVGO, and MU, which appear in both portfolios and push the overlap score higher.

Holding both SOXX 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.

Related Comparisons

Frequently Asked Questions About SOXX and VGT

What is the overlap between SOXX and VGT?+
SOXX and VGT currently show an estimated weighted overlap of 25.94% based on the loaded holdings data.
How many holdings do SOXX and VGT share?+
They share 22 holdings in the current dataset.
Is the SOXX and VGT overlap high?+
The current verdict is Moderate Overlap. That means the two ETFs have noticeable duplication in portfolio weight.
Why do SOXX and VGT overlap?+
SOXX and VGT overlap because the same large positions appear in both funds. In this comparison, the top three shared holdings explain 53.8% of the measured overlap score.
Which ETF is broader, SOXX or VGT?+
SOXX and VGT look closer in breadth than a broad-vs-niche pair, so the main difference is more about strategy and weighting than simple market coverage.

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.

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