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FUND OVERLAP · LOOK-THROUGH

VOOG vs VT: how much do they really overlap?

VOOG (Vanguard S&P 500 Growth ETF, tracking the S&P 500 Growth) and VT (Vanguard Total World Stock ETF, tracking the FTSE Global All Cap) overlap by roughly 77% by weight. 10 of VOOG's top 10 holdings also appear in VT. A 50/50 blend of the two behaves like about 50 equally-weighted bets (diversification grade B). In short, the two funds share most of their weight in the same names; the second fund adds only modest differentiation.

77%
weight overlap
10/10
of VOOG’s top 10 also in VT
B
50/50 blend grade
~50
real bets in a 50/50 blend
You think VOOG and VT are two funds. By weight they lean on the same names: both hold NVIDIA Corp. (NVDA)13.6% of VOOG and 4.0% of VT. Hold both and NVDA just becomes a bigger single bet, not a more diversified one.

The same companies, in both funds

These 31 holdings appear in both VOOG and VT. The weight columns show how much of each fund each name represents.

Holdingin VOOGin VT
NVDA NVIDIA Corp.13.64%3.99%
AAPL Apple Inc.5.98%3.57%
MSFT Microsoft Corp.7.80%2.37%
AMZN Amazon.com Inc.3.48%1.97%
GOOGL Alphabet Inc. Class A5.90%1.80%
AVGO Broadcom Inc.5.03%1.50%
GOOG Alphabet Inc. Class C4.70%1.41%
MU Micron Technology Inc.3.66%1.11%
META Facebook Inc. Class A3.48%1.06%
TSLA Tesla Inc.2.07%1.05%
LLY Eli Lilly & Co.2.67%0.82%
AMD Advanced Micro Devices Inc.2.67%0.81%
BRK.B Berkshire Hathaway Inc. Class B2.58%0.70%
JPM JPMorgan Chase & Co.1.56%0.69%
JNJ Johnson & Johnson1.02%0.52%

+ 16 more shared holdings.

Only in VOOG

Vanguard S&P 500 Growth ETFUS large-cap growth. Its biggest holdings that VT doesn’t have:

PLTR Palantir Technologies Inc. Class A0.75%
RTX RTX Corp.0.72%
APH Amphenol Corp. Class A0.61%
CRWD Crowdstrike Holdings Inc. Class A0.55%
ANET Arista Networks Inc.0.49%
WELL Welltower Inc.0.45%
MS Morgan Stanley0.43%
UBER Uber Technologies Inc.0.41%

Only in VT

Vanguard Total World Stock ETFglobal all-cap. Its biggest holdings that VOOG 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 NV0.65%
INTC Intel Corp.0.52%
WMT Walmart Inc.0.42%
COST Costco Wholesale Corp.0.35%
UNH UnitedHealth Group Inc.0.32%

So — heavily overlapping. Should you hold both?

VOOG and VT share most of their weight in the same names; the second fund adds only modest differentiation. If you already hold VOOG, adding VT mostly increases your bet on the names they share rather than spreading it — a 50/50 blend still behaves like only ~50 equal positions, with the top 10 alone at 38% and the Magnificent Seven at 32%.

Holdings as of — VOOG: 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.

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VOOG vs VT — FAQ

How much do VOOG and VT overlap?
VOOG and VT overlap by approximately 77% measured by portfolio weight — that is the share of the smaller fund's holdings (by weight) that also sit inside the other. 10 of VOOG's 10 largest holdings are also held by VT. They share 31 of their listed top holdings in total.
Is it redundant to hold both VOOG and VT?
Because they share most of their weight in the same names; the second fund adds only modest differentiation, holding both is largely redundant — you mostly duplicate the same megacaps and concentrate rather than diversify. A 50/50 blend has an effective 50 positions and a B diversification grade.
What does VT hold that VOOG doesn't?
VT's largest holdings that VOOG doesn't hold include 2330, 005930, 000660, ASML, INTC. Its category is global all-cap, versus VOOG's US large-cap growth.
Which is more concentrated, VOOG or VT?
VOOG's top 10 holdings are 64% of its listed weight; VT's are 55%. The more concentrated fund leans harder on its largest names.

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