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 26% by weight. 2 of IJH's top 10 holdings also appear in VBR. A 50/50 blend of the two behaves like about 1169 equally-weighted bets (diversification grade A). In short, the two funds share a meaningful core of the same megacaps, but each also brings real exposure the other lacks.
The same companies, in both funds
These 14 holdings appear in both IJH and VBR. The weight columns show how much of each fund each name represents.
| Holding | in IJH | in VBR |
|---|---|---|
| UTHR UNITED THERAPEUTICS CORP | 0.63% | 0.55% |
| ILMN ILLUMINA INC | 0.73% | 0.53% |
| MKSI MKS | 0.82% | 0.49% |
| RS RELIANCE STEEL & ALUMINUM | 0.52% | 0.44% |
| SNX TD SYNNEX CORP | 0.55% | 0.43% |
| USFD US FOODS HOLDING CORP | 0.62% | 0.41% |
| WCC WESCO INTERNATIONAL INC | 0.46% | 0.40% |
| EWBC EAST WEST BANCORP INC | 0.48% | 0.38% |
| ITT ITT INC | 0.48% | 0.38% |
| WPC W. P. CAREY REIT INC | 0.44% | 0.38% |
| NLY ANNALY CAPITAL MANAGEMENT REIT INC | 0.45% | 0.35% |
| APG API GROUP CORP | 0.45% | 0.34% |
| THC TENET HEALTHCARE CORP | 0.44% | 0.34% |
| PFGC PERFORMANCE FOOD GROUP | 0.48% | 0.33% |
Only in IJH
iShares Core S&P Mid-Cap ETF — US mid-cap. Its biggest holdings that VBR doesn’t have:
| TWLO TWILIO INC CLASS A | 0.86% |
| CRS CARPENTER TECHNOLOGY CORP | 0.84% |
| CW CURTISS WRIGHT CORP | 0.77% |
| NVT NVENT ELECTRIC PLC | 0.75% |
| ENTG ENTEGRIS INC | 0.75% |
| ATI ATI INC | 0.74% |
| FTI TECHNIPFMC PLC | 0.72% |
| STRL STERLING INFRASTRUCTURE INC | 0.71% |
Only in VBR
Vanguard Small-Cap Value ETF — US small-cap value. Its biggest holdings that IJH doesn’t have:
| FLEX Flex Ltd. | 1.25% |
| JBL Jabil Inc. | 0.82% |
| TPR Tapestry Inc. | 0.66% |
| NRG NRG Energy Inc. | 0.64% |
| ATO Atmos Energy Corp. | 0.63% |
| WSM Williams-Sonoma Inc. | 0.55% |
| OMC Omnicom Group Inc. | 0.51% |
| FFIV F5 Networks Inc. | 0.49% |
So — partly overlapping. Should you hold both?
IJH and VBR share a meaningful core of the same megacaps, but each also brings real exposure the other lacks. Held together they keep a shared megacap core but each still pulls in exposure the other lacks, so a 50/50 blend spreads to ~1169 effective positions (grade A).
Holdings as of — IJH: Jun 30, 2026 (iShares (BlackRock)); VBR: May 31, 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 26% measured by portfolio weight — that is the share of the smaller fund's holdings (by weight) that also sit inside the other. 2 of IJH's 10 largest holdings are also held by VBR. They share 14 of their listed top holdings in total.
- Is it redundant to hold both IJH and VBR?
- Because they share a meaningful core of the same megacaps, but each also brings real exposure the other lacks, holding both is partly redundant: you double up on a shared core (UTHR) while each fund still adds distinct exposure. A 50/50 blend has an effective 1169 positions and a A diversification grade.
- What does VBR hold that IJH doesn't?
- VBR's largest holdings that IJH doesn't hold include FLEX, JBL, TPR, NRG, ATO. 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 30%. The more concentrated fund leans harder on its largest names.