VBR vs VTI Overlap

Both funds come from Vanguard. VBR is a U.S. value equity ETF, while VTI is a total-market U.S. equity ETF. VBR and VTI show limited overlap, with an estimated weighted overlap of 7.07%. They share 820 holdings in the loaded dataset, led by SNDK, TER, and EME.

7.1% overlap
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820Shared Holdings
OK
Low Overlap

Served from cache.

Quick Answer

Both funds come from Vanguard. VBR is a U.S. value equity ETF, while VTI is a total-market U.S. equity ETF. VBR and VTI show limited overlap, with an estimated weighted overlap of 7.07%. They share 820 holdings in the loaded dataset, led by SNDK, TER, and EME.

  • 7.07% weighted overlap across 820 shared holdings.
  • The top three shared holdings explain 3.18% of the measured overlap.
  • VTI is the broader fund, while VBR is more targeted.
  • The overlap is mostly explained by the top shared positions rather than sector labels alone.
  • Holding both can still add materially different exposure.

Data Freshness

VBR holdings
Mar 12, 2026
VTI 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

VBR

Vanguard Small-Cap Value ETF

Issuer
Vanguard
Asset class
Small/Micro Cap Equity
Expense ratio
0.05%
AUM
$62B
Inception
Jan 26, 2004

ETF B

VTI

Vanguard Total Stock Market ETF

Issuer
Vanguard
Asset class
Large Cap Equity
Expense ratio
0.03%
AUM
$2T
Inception
May 24, 2001

What Stands Out In This Comparison

01

What This Means

Both funds come from Vanguard. VBR is a U.S. value equity ETF, while VTI is a total-market U.S. equity ETF. VBR and VTI do not own much of the same portfolio weight. That usually means you are combining different parts of the market, with only a small amount of duplication through names like SNDK, TER, and EME.

02

How They Differ

Both funds come from Vanguard. VBR is a U.S. value equity ETF, while VTI is a total-market U.S. equity ETF. VTI is the broader fund, while VBR is the more targeted sleeve. VTI has the lower expense ratio, while VBR 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 3.18% 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

If you want the broader portfolio building block, VTI is usually the wider choice. If you want the more focused tilt, VBR is the narrower expression. VTI has the lower expense ratio, while VBR charges more for its exposure.

Overlap Driver Snapshot

Concentration

The top three shared holdings explain 3.18% 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 VBR and VTI.

HoldingVBR Wt.VTI Wt.Overlap
SNDK0.93%0.12%0.12%
TER0.22%0.06%0.06%
EME0.75%0.05%0.05%
NRG0.68%0.04%0.04%
ATO0.63%0.04%0.04%
HUBB0.30%0.04%0.04%
TPR0.60%0.04%0.04%
EXE0.29%0.04%0.04%
OMC0.57%0.04%0.04%
STLD0.29%0.04%0.04%

Why These ETFs Overlap

Both funds come from Vanguard. VBR is a U.S. value equity ETF, while VTI is a total-market U.S. equity ETF. The overlap exists because both funds allocate meaningful weight to the same holdings. In this dataset, the biggest shared drivers are SNDK, TER, and EME, which appear in both portfolios and push the overlap score higher.

Holding both VBR and VTI can make sense if you want exposure to different sleeves of the market. The overlap is small enough that both funds may still improve diversification.

Related Comparisons

Frequently Asked Questions About VBR and VTI

What is the overlap between VBR and VTI?+
VBR and VTI currently show an estimated weighted overlap of 7.07% based on the loaded holdings data.
How many holdings do VBR and VTI share?+
They share 820 holdings in the current dataset.
Is the VBR and VTI overlap high?+
The current verdict is Low Overlap. That means the two ETFs have limited duplication in portfolio weight.
Why do VBR and VTI overlap?+
VBR and VTI overlap because the same large positions appear in both funds. In this comparison, the top three shared holdings explain 3.18% of the measured overlap score.
Which ETF is broader, VBR or VTI?+
VTI is the broader fund, while VBR is the more targeted sleeve. That does not automatically make one better, but it helps explain why the pair can overlap while still serving different roles.

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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