VOO vs VT: how much do they really overlap?
VOO (Vanguard S&P 500 ETF, tracking the S&P 500) and VT (Vanguard Total World Stock ETF, tracking the FTSE Global All Cap) overlap by roughly 86% by weight. 10 of VOO's top 10 holdings also appear in VT. A 50/50 blend of the two behaves like about 89 equally-weighted bets (diversification grade A). In short, the two funds hold nearly the same stocks in nearly the same proportions — owning both is largely redundant.
The same companies, in both funds
These 41 holdings appear in both VOO and VT. The weight columns show how much of each fund each name represents.
| Holding | in VOO | in VT |
|---|---|---|
| NVDA NVIDIA Corp. | 7.51% | 3.99% |
| AAPL Apple Inc. | 6.59% | 3.57% |
| MSFT Microsoft Corp. | 4.30% | 2.37% |
| AMZN Amazon.com Inc. | 3.62% | 1.97% |
| GOOGL Alphabet Inc. Class A | 3.25% | 1.80% |
| AVGO Broadcom Inc. | 2.77% | 1.50% |
| GOOG Alphabet Inc. Class C | 2.59% | 1.41% |
| MU Micron Technology Inc. | 2.02% | 1.11% |
| META Facebook Inc. Class A | 1.92% | 1.06% |
| TSLA Tesla Inc. | 1.84% | 1.05% |
| LLY Eli Lilly & Co. | 1.47% | 0.82% |
| AMD Advanced Micro Devices Inc. | 1.47% | 0.81% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.42% | 0.70% |
| JPM JPMorgan Chase & Co. | 1.26% | 0.69% |
| INTC Intel Corp. | 1.02% | 0.52% |
+ 26 more shared holdings.
Only in VOO
Vanguard S&P 500 ETF — US large-cap. Its biggest holdings that VT doesn’t have:
| PLTR Palantir Technologies Inc. Class A | 0.42% |
| IBM International Business Machines Corp. | 0.41% |
| MRVL Marvell Technology Inc. | 0.40% |
| RTX RTX Corp. | 0.40% |
| WFC Wells Fargo & Co. | 0.39% |
| MS Morgan Stanley | 0.39% |
| ORCL Oracle Corp. | 0.39% |
| LIN Linde plc | 0.37% |
Only in VT
Vanguard Total World Stock ETF — global all-cap. Its biggest holdings that VOO doesn’t have:
| 2330 Taiwan Semiconductor Manufacturing Co. Ltd. | 1.64% |
| 005930 Samsung Electronics Co. Ltd. | 0.88% |
| 000660 SK hynix Inc. | 0.84% |
| ASML ASML Holding NV | 0.65% |
| 700 Tencent Holdings Ltd. | 0.29% |
| HSBA HSBC Holdings plc | 0.28% |
| NOVN Novartis AG | 0.25% |
| RY Royal Bank of Canada | 0.25% |
So — nearly identical. Should you hold both?
VOO and VT hold nearly the same stocks in nearly the same proportions — owning both is largely redundant. If you already hold VOO, adding VT mostly increases your bet on the names they share rather than spreading it — a 50/50 blend still behaves like only ~89 equal positions, with the top 10 alone at 28% and the Magnificent Seven at 24%.
Holdings as of — VOO: Jun 30, 2026 (Vanguard); VT: Jun 30, 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 →VOO vs VT — FAQ
- How much do VOO and VT overlap?
- VOO and VT overlap by approximately 86% measured by portfolio weight — that is the share of the smaller fund's holdings (by weight) that also sit inside the other. 10 of VOO's 10 largest holdings are also held by VT. They share 41 of their listed top holdings in total.
- Is it redundant to hold both VOO and VT?
- Because they hold nearly the same stocks in nearly the same proportions — owning both is largely redundant, holding both is largely redundant — you mostly duplicate the same megacaps and concentrate rather than diversify. A 50/50 blend has an effective 89 positions and a A diversification grade.
- What does VT hold that VOO doesn't?
- VT's largest holdings that VOO doesn't hold include 2330, 005930, 000660, ASML, 700. Its category is global all-cap, versus VOO's US large-cap.
- Which is more concentrated, VOO or VT?
- VOO's top 10 holdings are 58% of its listed weight; VT's are 55%. The more concentrated fund leans harder on its largest names.