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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 31% by weight. 10 of IJH's top 10 holdings also appear in VXF. A 50/50 blend of the two behaves like about 1248 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.

31%
weight overlap
10/10
of IJH’s top 10 also in VXF
A
50/50 blend grade
~1248
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)0.8% 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 20 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 A0.81%0.35%
CRS CARPENTER TECHNOLOGY CORP0.70%0.35%
MKSI MKS0.56%0.34%
CW CURTISS WRIGHT CORP0.74%0.32%
NVT NVENT ELECTRIC PLC0.66%0.31%
ENTG ENTEGRIS INC0.50%0.31%
ILMN ILLUMINA INC0.87%0.30%
FTI TECHNIPFMC PLC0.77%0.30%
ATI ATI INC0.70%0.30%
WWD WOODWARD INC0.59%0.29%
MTZ MASTEC INC0.56%0.29%
STRL STERLING INFRASTRUCTURE INC0.50%0.29%
P EVERPURE INC CLASS A0.66%0.28%
MTSI MACOM TECHNOLOGY SOLUTIONS INC0.46%0.28%
XPO XPO INC0.66%0.27%

+ 5 more shared holdings.

Only in IJH

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

BURL BURLINGTON STORES INC0.66%
THC TENET HEALTHCARE CORP0.61%
RS RELIANCE STEEL & ALUMINUM0.57%
ROKU ROKU INC CLASS A0.53%
SNX TD SYNNEX CORP0.53%
NBIX NEUROCRINE BIOSCIENCES INC0.52%
PFGC PERFORMANCE FOOD GROUP0.51%
EWBC EAST WEST BANCORP INC0.50%

Only in VXF

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

SPCX Space Exploration Technologies Corp. Class A1.14%
SNOW Snowflake Inc.0.99%
BE Bloom Energy Corp. Class A0.89%
NET Cloudflare Inc. Class A0.88%
ALAB Astera Labs Inc.0.73%
RKLB Rocket Lab Corp.0.58%
LNG Cheniere Energy Inc.0.56%
FERG Ferguson Enterprises Inc./DE0.52%

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 ~1248 effective positions (grade A).

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

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IJH vs VXF — FAQ

How much do IJH and VXF overlap?
IJH and VXF overlap by approximately 31% 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 20 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 1248 positions and a A diversification grade.
What does VXF hold that IJH doesn't?
VXF's largest holdings that IJH doesn't hold include SPCX, SNOW, BE, NET, ALAB. 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 38%. The more concentrated fund leans harder on its largest names.

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