VIG vs VXUS: how much do they really overlap?
VIG (Vanguard Dividend Appreciation ETF, tracking the S&P US Dividend Growers) and VXUS (Vanguard Total International Stock ETF, tracking the FTSE Global All Cap ex US) overlap by roughly 0% by weight. 0 of VIG's top 10 holdings also appear in VXUS. A 50/50 blend of the two behaves like about 196 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 VIG and VXUS. The weight columns show how much of each fund each name represents.
| Holding | in VIG | in VXUS |
|---|
Only in VIG
Vanguard Dividend Appreciation ETF — US dividend-growth. Its biggest holdings that VXUS doesn’t have:
| AVGO Broadcom Inc. | 5.41% |
| AAPL Apple Inc. | 4.57% |
| MSFT Microsoft Corp. | 4.27% |
| LLY Eli Lilly & Co. | 3.85% |
| JPM JPMorgan Chase & Co. | 3.32% |
| XOM Exxon Mobil Corp. | 2.67% |
| JNJ Johnson & Johnson | 2.39% |
| V Visa Inc. Class A | 2.25% |
Only in VXUS
Vanguard Total International Stock ETF — total ex-US. Its biggest holdings that VIG doesn’t have:
| 2330 Taiwan Semiconductor Manufacturing Co. Ltd. | 3.95% |
| 005930 Samsung Electronics Co. Ltd. | 2.17% |
| 000660 SK hynix Inc | 1.85% |
| ASML ASML Holding NV | 1.38% |
| 700 Tencent Holdings Ltd. | 0.74% |
| HSBA HSBC Holdings plc | 0.71% |
| ROP Roche Holding AG | 0.65% |
| NOVN Novartis AG | 0.63% |
So — essentially different. Should you hold both?
VIG 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 ~196 effective positions (grade A), because they hold largely different securities.
Holdings as of — VIG: May 31, 2026 (Vanguard); VXUS: 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 →VIG vs VXUS — FAQ
- How much do VIG and VXUS overlap?
- VIG 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 VIG'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 VIG 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 196 positions and a A diversification grade.
- What does VXUS hold that VIG doesn't?
- VXUS's largest holdings that VIG doesn't hold include 2330, 005930, 000660, ASML, 700. Its category is total ex-US, versus VIG's US dividend-growth.
- Which is more concentrated, VIG or VXUS?
- VIG's top 10 holdings are 45% of its listed weight; VXUS's are 49%. The more concentrated fund leans harder on its largest names.