VB vs VGT: how much do they really overlap?
VB (Vanguard Small-Cap ETF, tracking the CRSP US Small Cap) and VGT (Vanguard Information Technology ETF, tracking the MSCI US IMI Info Tech 25/50) overlap by roughly 4% by weight. 2 of VB's top 10 holdings also appear in VGT. A 50/50 blend of the two behaves like about 63 equally-weighted bets (diversification grade A). In short, the two funds hold almost none of the same securities — they are complementary, not redundant.
The same companies, in both funds
These 2 holdings appear in both VB and VGT. The weight columns show how much of each fund each name represents.
| Holding | in VB | in VGT |
|---|---|---|
| ALAB Astera Labs Inc. | 0.45% | 0.34% |
| FLEX Flex Ltd. | 0.35% | 0.29% |
Only in VB
Vanguard Small-Cap ETF — US small-cap. Its biggest holdings that VGT doesn’t have:
| CRDO Credo Technology Group Holding Ltd. | 0.54% |
| JBL Jabil Inc. | 0.49% |
| RVMD Revolution Medicines Inc. | 0.45% |
| NTRA Natera Inc. | 0.44% |
| EME EMCOR Group Inc. | 0.44% |
| TWLO Twilio Inc. Class A | 0.37% |
| NRG NRG Energy Inc. | 0.37% |
| MKSI MKS Instruments Inc. | 0.36% |
Only in VGT
Vanguard Information Technology ETF — US tech sector. Its biggest holdings that VB doesn’t have:
| NVDA NVIDIA Corp. | 16.10% |
| AAPL Apple Inc. | 14.33% |
| MSFT Microsoft Corp. | 8.28% |
| MU Micron Technology Inc. | 5.04% |
| AVGO Broadcom Inc. | 3.84% |
| AMD Advanced Micro Devices Inc. | 3.65% |
| INTC Intel Corp. | 2.41% |
| AMAT Applied Materials Inc. | 2.26% |
So — essentially different. Should you hold both?
VB and VGT hold almost none of the same securities — they are complementary, not redundant. Held together they genuinely broaden your exposure — a 50/50 blend reaches ~63 effective positions (grade A), because they hold largely different securities.
Holdings as of — VB: Jun 30, 2026 (Vanguard); VGT: 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 →VB vs VGT — FAQ
- How much do VB and VGT overlap?
- VB and VGT overlap by approximately 4% measured by portfolio weight — that is the share of the smaller fund's holdings (by weight) that also sit inside the other. 2 of VB's 10 largest holdings are also held by VGT. They share 2 of their listed top holdings in total.
- Is it redundant to hold both VB and VGT?
- Because they hold almost none of the same securities — they are complementary, not redundant, holding both is not redundant — each fund covers largely different holdings, so together they broaden your exposure. A 50/50 blend has an effective 63 positions and a A diversification grade.
- What does VGT hold that VB doesn't?
- VGT's largest holdings that VB doesn't hold include NVDA, AAPL, MSFT, MU, AVGO. Its category is US tech sector, versus VB's US small-cap.
- Which is more concentrated, VB or VGT?
- VB's top 10 holdings are 27% of its listed weight; VGT's are 71%. The more concentrated fund leans harder on its largest names.