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FUND OVERLAP · LOOK-THROUGH

VT vs VTI: how much do they really overlap?

VT (Vanguard Total World Stock ETF, tracking the FTSE Global All Cap) and VTI (Vanguard Total Stock Market ETF, tracking the CRSP US Total Market) overlap by roughly 86% by weight. 9 of VT's top 10 holdings also appear in VTI. A 50/50 blend of the two behaves like about 105 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.

86%
weight overlap
9/10
of VT’s top 10 also in VTI
A
50/50 blend grade
~105
real bets in a 50/50 blend
You think VT and VTI are two funds. By weight they lean on the same names: both hold NVIDIA Corp. (NVDA)4.0% of VT and 6.3% of VTI. Hold both and NVDA just becomes a bigger single bet, not a more diversified one.

The same companies, in both funds

These 41 holdings appear in both VT and VTI. The weight columns show how much of each fund each name represents.

Holdingin VTin VTI
NVDA NVIDIA Corp.3.99%6.32%
AAPL Apple Inc.3.57%5.84%
MSFT Microsoft Corp.2.37%3.81%
AMZN Amazon.com Inc.1.97%3.17%
GOOGL Alphabet Inc. Class A1.80%2.88%
AVGO Broadcom Inc.1.50%2.46%
GOOG Alphabet Inc. Class C1.41%2.27%
MU Micron Technology Inc.1.11%1.79%
META Facebook Inc. Class A1.06%1.70%
TSLA Tesla Inc.1.05%1.63%
LLY Eli Lilly & Co.0.82%1.40%
AMD Advanced Micro Devices Inc.0.81%1.30%
BRK.B Berkshire Hathaway Inc. Class B0.70%1.24%
JPM JPMorgan Chase & Co.0.69%1.11%
INTC Intel Corp.0.52%0.77%

+ 26 more shared holdings.

Only in VT

Vanguard Total World Stock ETFglobal all-cap. Its biggest holdings that VTI 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%
700 Tencent Holdings Ltd.0.29%
HSBA HSBC Holdings plc0.28%
NOVN Novartis AG0.25%
RY Royal Bank of Canada0.25%

Only in VTI

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

XOM Exxon Mobil Corp.0.78%
MRVL Marvell Technology Inc.0.37%
IBM International Business Machines Corp.0.36%
RTX RTX Corp.0.35%
PLTR Palantir Technologies Inc. Class A0.35%
ORCL Oracle Corp.0.35%
WFC Wells Fargo & Co.0.35%
MS Morgan Stanley0.34%

So — nearly identical. Should you hold both?

VT and VTI hold nearly the same stocks in nearly the same proportions — owning both is largely redundant. If you already hold VT, adding VTI mostly increases your bet on the names they share rather than spreading it — a 50/50 blend still behaves like only ~105 equal positions, with the top 10 alone at 26% and the Magnificent Seven at 22%.

Holdings as of — VT: Jun 30, 2026 (Vanguard); VTI: 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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VT vs VTI — FAQ

How much do VT and VTI overlap?
VT and VTI 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. 9 of VT's 10 largest holdings are also held by VTI. They share 41 of their listed top holdings in total.
Is it redundant to hold both VT and VTI?
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 105 positions and a A diversification grade.
What does VTI hold that VT doesn't?
VTI's largest holdings that VT doesn't hold include XOM, MRVL, IBM, RTX, PLTR. Its category is total US market, versus VT's global all-cap.
Which is more concentrated, VT or VTI?
VT's top 10 holdings are 55% of its listed weight; VTI's are 58%. The more concentrated fund leans harder on its largest names.

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