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FUND OVERLAP · LOOK-THROUGH

VGT vs VTI: how much do they really overlap?

VGT (Vanguard Information Technology ETF, tracking the MSCI US IMI Info Tech 25/50) and VTI (Vanguard Total Stock Market ETF, tracking the CRSP US Total Market) overlap by roughly 51% by weight. 10 of VGT's top 10 holdings also appear in VTI. A 50/50 blend of the two behaves like about 28 equally-weighted bets (diversification grade C). In short, the two funds share a meaningful core of the same megacaps, but each also brings real exposure the other lacks.

51%
weight overlap
10/10
of VGT’s top 10 also in VTI
C
50/50 blend grade
~28
real bets in a 50/50 blend
You think VGT and VTI are two funds. By weight they lean on the same names: both hold NVIDIA Corp. (NVDA)16.8% of VGT and 6.7% of VTI. Hold both and NVDA just becomes a bigger single bet, not a more diversified one.

The same companies, in both funds

These 18 holdings appear in both VGT and VTI. The weight columns show how much of each fund each name represents.

Holdingin VGTin VTI
NVDA NVIDIA Corp.16.78%6.70%
AAPL Apple Inc.15.26%6.30%
MSFT Microsoft Corp.9.87%4.60%
AVGO Broadcom Inc.4.49%2.91%
MU Micron Technology Inc.4.19%1.50%
AMD Advanced Micro Devices Inc.3.20%1.16%
INTC Intel Corp.1.95%0.63%
CSCO Cisco Systems Inc.1.85%0.59%
LRCX Lam Research Corp.1.55%0.55%
ORCL Oracle Corp.1.45%0.54%
AMAT Applied Materials Inc.1.39%0.49%
PLTR Palantir Technologies Inc. Class A1.34%0.47%
TXN Texas Instruments Inc.1.10%0.38%
IBM International Business Machines Corp.1.08%0.38%
QCOM QUALCOMM Inc.1.07%0.37%

+ 3 more shared holdings.

Only in VGT

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

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%
APH Amphenol Corp. Class A0.73%
MRVL Marvell Technology Inc.0.71%
ANET Arista Networks Inc.0.69%
CRM salesforce.com Inc.0.60%

Only in VTI

Vanguard Total Stock Market ETFtotal US market. Its biggest holdings that VGT doesn’t have:

AMZN Amazon.com Inc.3.60%
GOOGL Alphabet Inc. Class A3.05%
GOOG Alphabet Inc. Class C2.39%
META Facebook Inc. Class A1.90%
TSLA Tesla Inc.1.69%
LLY Eli Lilly & Co.1.29%
BRK.B Berkshire Hathaway Inc. Class B1.17%
JPM JPMorgan Chase & Co.1.04%

So — partly overlapping. Should you hold both?

VGT and VTI 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 ~28 effective positions (grade C).

Holdings as of — VGT: 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.

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VGT vs VTI — FAQ

How much do VGT and VTI overlap?
VGT and VTI overlap by approximately 51% 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 VTI. They share 18 of their listed top holdings in total.
Is it redundant to hold both VGT and VTI?
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 28 positions and a C diversification grade.
What does VTI hold that VGT doesn't?
VTI's largest holdings that VGT doesn't hold include AMZN, GOOGL, GOOG, META, TSLA. Its category is total US market, versus VGT's US tech sector.
Which is more concentrated, VGT or VTI?
VGT's top 10 holdings are 72% of its listed weight; VTI's are 61%. The more concentrated fund leans harder on its largest names.

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