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FUND OVERLAP · LOOK-THROUGH

IJH vs VXF: how much do they really overlap?

IJH (iShares Core S&P Mid-Cap ETF, tracking the S&P MidCap 400) and VXF (Vanguard Extended Market ETF, tracking the S&P Completion) overlap by roughly 26% by weight. 10 of IJH's top 10 holdings also appear in VXF. A 50/50 blend of the two behaves like about 1061 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.

26%
weight overlap
10/10
of IJH’s top 10 also in VXF
A
50/50 blend grade
~1061
real bets in a 50/50 blend
You think IJH and VXF are two funds. By weight they lean on the same names: both hold TWILIO INC CLASS A (TWLO)0.9% of IJH and 0.3% of VXF. Hold both and TWLO just becomes a bigger single bet, not a more diversified one.

The same companies, in both funds

These 19 holdings appear in both IJH and VXF. The weight columns show how much of each fund each name represents.

Holdingin IJHin VXF
TWLO TWILIO INC CLASS A0.86%0.34%
FTI TECHNIPFMC PLC0.72%0.33%
CW CURTISS WRIGHT CORP0.77%0.32%
NVT NVENT ELECTRIC PLC0.75%0.32%
STRL STERLING INFRASTRUCTURE INC0.71%0.31%
XPO XPO INC0.66%0.30%
ILMN ILLUMINA INC0.73%0.29%
P EVERPURE INC CLASS A0.68%0.29%
CRS CARPENTER TECHNOLOGY CORP0.84%0.28%
ATI ATI INC0.74%0.28%
MTSI MACOM TECHNOLOGY SOLUTIONS INC0.68%0.28%
UTHR UNITED THERAPEUTICS CORP0.63%0.28%
FN FABRINET0.55%0.28%
MTZ MASTEC INC0.70%0.27%
NXT NEXTPOWER INC CLASS A0.48%0.27%

+ 4 more shared holdings.

Only in IJH

iShares Core S&P Mid-Cap ETFUS mid-cap. Its biggest holdings that VXF doesn’t have:

USFD US FOODS HOLDING CORP0.62%
RBA RB GLOBAL INC0.59%
LSCC LATTICE SEMICONDUCTOR CORP0.57%
RBC RBC BEARINGS INC0.56%
SNX TD SYNNEX CORP0.55%
BURL BURLINGTON STORES INC0.55%
TTMI TTM TECHNOLOGIES INC0.53%
RS RELIANCE STEEL & ALUMINUM0.52%

Only in VXF

Vanguard Extended Market ETFUS mid/small completion. Its biggest holdings that IJH doesn’t have:

MRVL Marvell Technology Inc.2.11%
SNOW Snowflake Inc.1.03%
NET Cloudflare Inc. Class A0.90%
BE Bloom Energy Corp. Class A0.87%
RKLB Rocket Lab Corp.0.80%
FLEX Flex Ltd.0.65%
MSTR MicroStrategy Inc. Class A0.59%
LNG Cheniere Energy Inc.0.57%

So — partly overlapping. Should you hold both?

IJH and VXF 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 ~1061 effective positions (grade A).

Holdings as of — IJH: Jun 30, 2026 (iShares (BlackRock)); VXF: 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.

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IJH vs VXF — FAQ

How much do IJH and VXF overlap?
IJH and VXF 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. 10 of IJH's 10 largest holdings are also held by VXF. They share 19 of their listed top holdings in total.
Is it redundant to hold both IJH and VXF?
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 (TWLO) while each fund still adds distinct exposure. A 50/50 blend has an effective 1061 positions and a A diversification grade.
What does VXF hold that IJH doesn't?
VXF's largest holdings that IJH doesn't hold include MRVL, SNOW, NET, BE, RKLB. Its category is US mid/small completion, versus IJH's US mid-cap.
Which is more concentrated, IJH or VXF?
IJH's top 10 holdings are 27% of its listed weight; VXF's are 42%. The more concentrated fund leans harder on its largest names.

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