VB vs VXUS: how much do they really overlap?
VB (Vanguard Small-Cap ETF, tracking the CRSP US Small Cap) and VXUS (Vanguard Total International Stock ETF, tracking the FTSE Global All Cap ex US) overlap by roughly 0% by weight. 0 of VB's top 10 holdings also appear in VXUS. A 50/50 blend of the two behaves like about 916 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 0 holdings appear in both VB and VXUS. The weight columns show how much of each fund each name represents.
| Holding | in VB | in VXUS |
|---|
Only in VB
Vanguard Small-Cap ETF — US small-cap. Its biggest holdings that VXUS doesn’t have:
| CRDO Credo Technology Group Holding Ltd. | 0.54% |
| JBL Jabil Inc. | 0.49% |
| RVMD Revolution Medicines Inc. | 0.45% |
| ALAB Astera Labs 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% |
Only in VXUS
Vanguard Total International Stock ETF — total ex-US. Its biggest holdings that VB doesn’t have:
| 2330 Taiwan Semiconductor Manufacturing Co. Ltd. | 4.22% |
| 005930 Samsung Electronics Co. Ltd. | 2.26% |
| 000660 SK hynix Inc. | 2.16% |
| ASML ASML Holding NV | 1.68% |
| 700 Tencent Holdings Ltd. | 0.76% |
| HSBA HSBC Holdings plc | 0.71% |
| NOVN Novartis AG | 0.64% |
| RY Royal Bank of Canada | 0.64% |
So — essentially different. Should you hold both?
VB and VXUS hold almost none of the same securities — they are complementary, not redundant. Held together they genuinely broaden your exposure — a 50/50 blend reaches ~916 effective positions (grade A), because they hold largely different securities.
Holdings as of — VB: Jun 30, 2026 (Vanguard); VXUS: 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 VXUS — FAQ
- How much do VB and VXUS overlap?
- VB and VXUS overlap by approximately 0% measured by portfolio weight — that is the share of the smaller fund's holdings (by weight) that also sit inside the other. 0 of VB's 10 largest holdings are also held by VXUS. They share 0 of their listed top holdings in total.
- Is it redundant to hold both VB and VXUS?
- 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 916 positions and a A diversification grade.
- What does VXUS hold that VB doesn't?
- VXUS's largest holdings that VB doesn't hold include 2330, 005930, 000660, ASML, 700. Its category is total ex-US, versus VB's US small-cap.
- Which is more concentrated, VB or VXUS?
- VB's top 10 holdings are 27% of its listed weight; VXUS's are 50%. The more concentrated fund leans harder on its largest names.