VEA vs VGT: how much do they really overlap?
VEA (Vanguard FTSE Developed Markets ETF, tracking the FTSE Developed All Cap ex US) and VGT (Vanguard Information Technology ETF, tracking the MSCI US IMI Info Tech 25/50) overlap by roughly 0% by weight. 0 of VEA's top 10 holdings also appear in VGT. A 50/50 blend of the two behaves like about 55 equally-weighted bets (diversification grade B). 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 VEA and VGT. The weight columns show how much of each fund each name represents.
| Holding | in VEA | in VGT |
|---|
Only in VEA
Vanguard FTSE Developed Markets ETF — developed ex-US. Its biggest holdings that VGT doesn’t have:
| 005930 Samsung Electronics Co. Ltd. | 2.99% |
| 000660 SK hynix Inc | 2.55% |
| ASML ASML Holding NV | 1.90% |
| HSBA HSBC Holdings plc | 0.98% |
| ROP Roche Holding AG | 0.89% |
| NOVN Novartis AG | 0.87% |
| AZN AstraZeneca plc | 0.84% |
| RY Royal Bank of Canada | 0.81% |
Only in VGT
Vanguard Information Technology ETF — US tech sector. Its biggest holdings that VEA doesn’t have:
| NVDA NVIDIA Corp. | 16.78% |
| AAPL Apple Inc. | 15.26% |
| MSFT Microsoft Corp. | 9.87% |
| AVGO Broadcom Inc. | 4.49% |
| MU Micron Technology Inc. | 4.19% |
| AMD Advanced Micro Devices Inc. | 3.20% |
| INTC Intel Corp. | 1.95% |
| CSCO Cisco Systems Inc. | 1.85% |
So — essentially different. Should you hold both?
VEA 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 ~55 effective positions (grade B), because they hold largely different securities.
Holdings as of — VEA: May 31, 2026 (Vanguard); VGT: 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 →VEA vs VGT — FAQ
- How much do VEA and VGT overlap?
- VEA and VGT 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 VEA's 10 largest holdings are also held by VGT. They share 0 of their listed top holdings in total.
- Is it redundant to hold both VEA 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 55 positions and a B diversification grade.
- What does VGT hold that VEA doesn't?
- VGT's largest holdings that VEA doesn't hold include NVDA, AAPL, MSFT, AVGO, MU. Its category is US tech sector, versus VEA's developed ex-US.
- Which is more concentrated, VEA or VGT?
- VEA's top 10 holdings are 43% of its listed weight; VGT's are 72%. The more concentrated fund leans harder on its largest names.