IJH vs VBR: how much do they really overlap?
IJH (iShares Core S&P Mid-Cap ETF, tracking the S&P MidCap 400) and VBR (Vanguard Small-Cap Value ETF, tracking the CRSP US Small Cap Value) overlap by roughly 20% by weight. 0 of IJH's top 10 holdings also appear in VBR. A 50/50 blend of the two behaves like about 1406 equally-weighted bets (diversification grade A). In short, the two funds have only a small shared core — they mostly hold different things and are largely complementary.
The same companies, in both funds
These 11 holdings appear in both IJH and VBR. The weight columns show how much of each fund each name represents.
| Holding | in IJH | in VBR |
|---|---|---|
| USFD US FOODS HOLDING CORP | 0.62% | 0.48% |
| RS RELIANCE STEEL & ALUMINUM | 0.57% | 0.41% |
| SNX TD SYNNEX CORP | 0.53% | 0.41% |
| EWBC EAST WEST BANCORP INC | 0.50% | 0.38% |
| PFGC PERFORMANCE FOOD GROUP | 0.51% | 0.36% |
| WCC WESCO INTERNATIONAL INC | 0.47% | 0.36% |
| NLY ANNALY CAPITAL MANAGEMENT REIT INC | 0.47% | 0.35% |
| APG API GROUP CORP | 0.42% | 0.35% |
| THC TENET HEALTHCARE CORP | 0.61% | 0.34% |
| WPC W. P. CAREY REIT INC | 0.46% | 0.34% |
| MKSI MKS | 0.56% | 0.32% |
Only in IJH
iShares Core S&P Mid-Cap ETF — US mid-cap. Its biggest holdings that VBR doesn’t have:
| ILMN ILLUMINA INC | 0.87% |
| TWLO TWILIO INC CLASS A | 0.81% |
| FTI TECHNIPFMC PLC | 0.77% |
| CW CURTISS WRIGHT CORP | 0.74% |
| CRS CARPENTER TECHNOLOGY CORP | 0.70% |
| ATI ATI INC | 0.70% |
| P EVERPURE INC CLASS A | 0.66% |
| OKTA OKTA INC CLASS A | 0.66% |
Only in VBR
Vanguard Small-Cap Value ETF — US small-cap value. Its biggest holdings that IJH doesn’t have:
| JBL Jabil Inc. | 0.87% |
| NRG NRG Energy Inc. | 0.66% |
| TPR Tapestry Inc. | 0.63% |
| ATO Atmos Energy Corp. | 0.61% |
| WSM Williams-Sonoma Inc. | 0.58% |
| MRNA Moderna Inc. | 0.53% |
| SW Smurfit Westrock plc | 0.52% |
| FFIV F5 Networks Inc. | 0.50% |
So — mostly different. Should you hold both?
IJH and VBR have only a small shared core — they mostly hold different things and are largely complementary. Held together they genuinely broaden your exposure — a 50/50 blend reaches ~1406 effective positions (grade A), because they hold largely different securities.
Holdings as of — IJH: Jul 30, 2026 (iShares (BlackRock)); VBR: Jun 30, 2026 (Vanguard). Refreshed monthly. Overlap is measured across each fund’s largest holdings (top 50); the diffuse long tail barely moves the math.
See this for YOUR whole portfolio, free →IJH vs VBR — FAQ
- How much do IJH and VBR overlap?
- IJH and VBR overlap by approximately 20% measured by portfolio weight — that is the share of the smaller fund's holdings (by weight) that also sit inside the other. 0 of IJH's 10 largest holdings are also held by VBR. They share 11 of their listed top holdings in total.
- Is it redundant to hold both IJH and VBR?
- Because they have only a small shared core — they mostly hold different things and are largely complementary, holding both is not redundant — each fund covers largely different holdings, so together they broaden your exposure. A 50/50 blend has an effective 1406 positions and a A diversification grade.
- What does VBR hold that IJH doesn't?
- VBR's largest holdings that IJH doesn't hold include JBL, NRG, TPR, ATO, WSM. Its category is US small-cap value, versus IJH's US mid-cap.
- Which is more concentrated, IJH or VBR?
- IJH's top 10 holdings are 27% of its listed weight; VBR's are 29%. The more concentrated fund leans harder on its largest names.