VEA vs VTI: how much do they really overlap?
VEA (Vanguard FTSE Developed Markets ETF, tracking the FTSE Developed All Cap ex US) and VTI (Vanguard Total Stock Market ETF, tracking the CRSP US Total Market) overlap by roughly 0% by weight. 0 of VEA's top 10 holdings also appear in VTI. A 50/50 blend of the two behaves like about 202 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 VEA and VTI. The weight columns show how much of each fund each name represents.
| Holding | in VEA | in VTI |
|---|
Only in VEA
Vanguard FTSE Developed Markets ETF — developed ex-US. Its biggest holdings that VTI 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 VTI
Vanguard Total Stock Market ETF — total US market. Its biggest holdings that VEA doesn’t have:
| NVDA NVIDIA Corp. | 6.70% |
| AAPL Apple Inc. | 6.30% |
| MSFT Microsoft Corp. | 4.60% |
| AMZN Amazon.com Inc. | 3.60% |
| GOOGL Alphabet Inc. Class A | 3.05% |
| AVGO Broadcom Inc. | 2.91% |
| GOOG Alphabet Inc. Class C | 2.39% |
| META Facebook Inc. Class A | 1.90% |
So — essentially different. Should you hold both?
VEA and VTI hold almost none of the same securities — they are complementary, not redundant. Held together they genuinely broaden your exposure — a 50/50 blend reaches ~202 effective positions (grade A), because they hold largely different securities.
Holdings as of — VEA: May 31, 2026 (Vanguard); VTI: 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 VTI — FAQ
- How much do VEA and VTI overlap?
- VEA and VTI 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 VTI. They share 0 of their listed top holdings in total.
- Is it redundant to hold both VEA and VTI?
- 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 202 positions and a A diversification grade.
- What does VTI hold that VEA doesn't?
- VTI's largest holdings that VEA doesn't hold include NVDA, AAPL, MSFT, AMZN, GOOGL. Its category is total US market, versus VEA's developed ex-US.
- Which is more concentrated, VEA or VTI?
- VEA's top 10 holdings are 43% of its listed weight; VTI's are 61%. The more concentrated fund leans harder on its largest names.