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FUND OVERLAP · LOOK-THROUGH

VGT vs VT: how much do they really overlap?

VGT (Vanguard Information Technology ETF, tracking the MSCI US IMI Info Tech 25/50) and VT (Vanguard Total World Stock ETF, tracking the FTSE Global All Cap) overlap by roughly 44% by weight. 10 of VGT's top 10 holdings also appear in VT. A 50/50 blend of the two behaves like about 36 equally-weighted bets (diversification grade B). In short, the two funds share a meaningful core of the same megacaps, but each also brings real exposure the other lacks.

44%
weight overlap
10/10
of VGT’s top 10 also in VT
B
50/50 blend grade
~36
real bets in a 50/50 blend
You think VGT and VT are two funds. By weight they lean on the same names: both hold NVIDIA Corp. (NVDA)16.8% of VGT and 4.2% of VT. Hold both and NVDA just becomes a bigger single bet, not a more diversified one.

The same companies, in both funds

These 14 holdings appear in both VGT and VT. The weight columns show how much of each fund each name represents.

Holdingin VGTin VT
NVDA NVIDIA Corp.16.78%4.17%
AAPL Apple Inc.15.26%3.79%
MSFT Microsoft Corp.9.87%2.82%
AVGO Broadcom Inc.4.49%1.74%
MU Micron Technology Inc.4.19%0.91%
AMD Advanced Micro Devices Inc.3.20%0.70%
INTC Intel Corp.1.95%0.43%
CSCO Cisco Systems Inc.1.85%0.40%
LRCX Lam Research Corp.1.55%0.34%
ORCL Oracle Corp.1.45%0.32%
AMAT Applied Materials Inc.1.39%0.30%
PLTR Palantir Technologies Inc. Class A1.34%0.29%
TXN Texas Instruments Inc.1.10%0.23%
IBM International Business Machines Corp.1.08%0.23%

Only in VGT

Vanguard Information Technology ETFUS tech sector. Its biggest holdings that VT doesn’t have:

QCOM QUALCOMM Inc.1.07%
KLAC KLA Corp.1.00%
SNDK Sandisk Corp./DE0.98%
PANW Palo Alto Networks Inc.0.92%
ADI Analog Devices Inc.0.81%
STX Seagate Technology Holdings plc0.78%
WDC Western Digital Corp.0.75%
CRWD Crowdstrike Holdings Inc. Class A0.74%

Only in VT

Vanguard Total World Stock ETFglobal all-cap. Its biggest holdings that VGT doesn’t have:

AMZN Amazon.com Inc.2.19%
GOOGL Alphabet Inc. Class A1.89%
2330 Taiwan Semiconductor Manufacturing Co. Ltd.1.52%
GOOG Alphabet Inc. Class C1.48%
META Facebook Inc. Class A1.16%
TSLA Tesla Inc.1.04%
005930 Samsung Electronics Co. Ltd.0.83%
LLY Eli Lilly & Co.0.75%

So — partly overlapping. Should you hold both?

VGT and VT 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 ~36 effective positions (grade B).

Holdings as of — VGT: May 31, 2026 (Vanguard); VT: 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.

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VGT vs VT — FAQ

How much do VGT and VT overlap?
VGT and VT overlap by approximately 44% measured by portfolio weight — that is the share of the smaller fund's holdings (by weight) that also sit inside the other. 10 of VGT's 10 largest holdings are also held by VT. They share 14 of their listed top holdings in total.
Is it redundant to hold both VGT and VT?
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 (NVDA) while each fund still adds distinct exposure. A 50/50 blend has an effective 36 positions and a B diversification grade.
What does VT hold that VGT doesn't?
VT's largest holdings that VGT doesn't hold include AMZN, GOOGL, 2330, GOOG, META. Its category is global all-cap, versus VGT's US tech sector.
Which is more concentrated, VGT or VT?
VGT's top 10 holdings are 72% of its listed weight; VT's are 58%. The more concentrated fund leans harder on its largest names.

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