SPTM vs VTV Overlap

SPTM is an equity ETF from SPDR, while VTV is a U.S. value equity ETF from Vanguard. SPTM and VTV show meaningful overlap, with an estimated weighted overlap of 40.66%. They share 302 holdings in the loaded dataset, led by BRK-B, JPM, and XOM.

40.7% overlap
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302Shared Holdings
OK
Moderate Overlap

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Quick Answer

SPTM is an equity ETF from SPDR, while VTV is a U.S. value equity ETF from Vanguard. SPTM and VTV show meaningful overlap, with an estimated weighted overlap of 40.66%. They share 302 holdings in the loaded dataset, led by BRK-B, JPM, and XOM.

  • 40.66% weighted overlap across 302 shared holdings.
  • The top three shared holdings explain 9.04% of the measured overlap.
  • SPTM and VTV 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

SPTM holdings
Mar 12, 2026
VTV holdings
Mar 12, 2026
Overlap computed
Mar 15, 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

SPTM

State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF

Issuer
SPDR
Asset class
Equity
Expense ratio
0.03%
AUM
$12B
Inception
Oct 4, 2000

ETF B

VTV

Vanguard Value ETF

Issuer
Vanguard
Asset class
Large Cap Equity
Expense ratio
0.03%
AUM
$227B
Inception
Jan 26, 2004

What Stands Out In This Comparison

01

What This Means

SPTM is an equity ETF from SPDR, while VTV is a U.S. value equity ETF from Vanguard. SPTM and VTV overlap enough to matter, but they still bring different exposures to a portfolio. The overlap is concentrated in holdings such as BRK-B, JPM, and XOM, which explains why the score lands at 40.66%.

02

How They Differ

SPTM is an equity ETF from SPDR, while VTV is a U.S. value equity ETF from Vanguard. Neither fund clearly dominates on breadth, so the practical difference is more about weighting, index construction, and cost. SPTM and VTV are priced very similarly on expense ratio.

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 9.04% 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 SPTM and VTV are closer in breadth, the better fit usually comes down to index methodology, issuer preference, and cost. SPTM and VTV are priced very similarly on expense ratio.

Overlap Driver Snapshot

Concentration

The top three shared holdings explain 9.04% 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 SPTM and VTV.

HoldingSPTM Wt.VTV Wt.Overlap
BRK-B1.44%3.04%1.44%
JPM1.25%3.25%1.25%
XOM0.99%2.42%0.99%
JNJ0.93%2.22%0.93%
WMT0.87%2.12%0.87%
MU0.72%1.89%0.72%
ABBV0.64%1.60%0.64%
PG0.58%1.44%0.58%
HD0.56%1.51%0.56%
CVX0.56%1.37%0.56%

Why These ETFs Overlap

SPTM is an equity ETF from SPDR, while VTV is a U.S. value 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 BRK-B, JPM, and XOM, which appear in both portfolios and push the overlap score higher.

Holding both SPTM and VTV 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 SPTM and VTV

What is the overlap between SPTM and VTV?+
SPTM and VTV currently show an estimated weighted overlap of 40.66% based on the loaded holdings data.
How many holdings do SPTM and VTV share?+
They share 302 holdings in the current dataset.
Is the SPTM and VTV overlap high?+
The current verdict is Moderate Overlap. That means the two ETFs have noticeable duplication in portfolio weight.
Why do SPTM and VTV overlap?+
SPTM and VTV overlap because the same large positions appear in both funds. In this comparison, the top three shared holdings explain 9.04% of the measured overlap score.
Which ETF is broader, SPTM or VTV?+
SPTM and VTV 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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