ETF Overlap Checker / VGT vs VOO Overlap

Guardfolio Research · ETF Overlap

VGT vs VOO Overlap: 36.6% of Weight in Shared Holdings

VGT (Vanguard Information Technology) and VOO (Vanguard S&P 500) overlap by 36.6% of normalized weight through 74 shared securities, led by NVDA, AAPL, MSFT, AVGO, MU. Here is which positions contribute most and what the result can and cannot say about diversification.

Overlap Summary

Weight Overlap36.6%
Shared Securities74
Sector Overlap33.0%
Combined Expense0.10%

Bottom line

VGT and VOO overlap heavily: 36.6% of normalized fund weight is shared across 74 securities. Owning both repeats much of the same exposure, so treat the pair as closely related positions rather than assuming two fund labels create diversification..

The Data

Exactly which securities VGT and VOO share

The table below shows the largest contributors to overlap across the licensed full holdings, with each fund's normalized weight and the lesser weight that counts toward overlap.

Data basisLicensed full holdings
Fund datesVGT 2026-08-24; VOO 2026-08-24
Coverage gateAt least 97% retained per fund
Holding VGT weight VOO weight Shared (min)
NVIDIA Corp (NVDA) 17.17% 7.56% 7.56%
Apple Inc (AAPL) 16.26% 7.05% 7.05%
Microsoft Corp (MSFT) 10.97% 5.37% 5.37%
Broadcom Inc (AVGO) 4.21% 2.87% 2.87%
Micron Technology Inc (MU) 3.82% 1.44% 1.44%
Advanced Micro Devices Inc (AMD) 3.18% 1.21% 1.21%
Cisco Systems Inc (CSCO) 1.91% 0.71% 0.71%
Intel Corp (INTC) 1.65% 0.66% 0.66%
Applied Materials Inc (AMAT) 1.69% 0.63% 0.63%
Lam Research Corp (LRCX) 1.54% 0.57% 0.57%
Palantir Technologies Inc (PLTR) 1.14% 0.44% 0.44%
Palo Alto Networks Inc (PANW) 1.16% 0.42% 0.42%
Texas Instruments Inc (TXN) 1.07% 0.39% 0.39%
KLA Corp (KLAC) 1.02% 0.37% 0.37%
Oracle Corp (ORCL) 0.90% 0.34% 0.34%
International Business Machines Corp (IBM) 0.87% 0.33% 0.33%
Amphenol Corp (APH) 0.85% 0.31% 0.31%
Crowdstrike Holdings Inc (CRWD) 0.83% 0.30% 0.30%
Seagate Technology Holdings PLC (STX) 0.82% 0.30% 0.30%
Western Digital Corp (WDC) 0.83% 0.29% 0.29%
Total full-holdings overlap 87.8% 36.6% 36.6%

Showing the 20 largest contributors of 74 shared securities. The total uses every shared security.

The 36.6% figure uses all reported non-cash holdings and sums the lesser normalized weight for each shared security. VGT is dated 2026-08-24 with 99.963% retained coverage; VOO is dated 2026-08-24 with 99.945% retained coverage.

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Sector Picture

VGT vs VOO: sector exposure side by side

Two funds can share few holdings yet still concentrate the same sectors. Here is how the top sectors compare (33.0% combined sector overlap).

Sector VGT VOO
Technology 100.0% 33.1%
Financial Services 0.0% 12.2%
Consumer Discretionary 0.0% 10.4%
Healthcare 0.0% 9.3%
Industrials 0.0% 8.6%
Communication Services 0.0% 8.2%

The Verdict

Should you hold both VGT and VOO?

VGT and VOO overlap heavily: 36.6% of normalized fund weight is shared across 74 securities. Owning both repeats much of the same exposure, so treat the pair as closely related positions rather than assuming two fund labels create diversification.

FAQ

VGT vs VOO overlap: common questions

How much do VGT and VOO overlap?

VGT (Vanguard Information Technology) and VOO (Vanguard S&P 500) overlap by approximately 36.6% of normalized weight across their licensed full holdings. They share 74 securities; the largest contributors include NVDA, AAPL, MSFT, AVGO, MU, AMD, CSCO, INTC. The separately dated sector reference shows 33.0% overlap.

What stocks do VGT and VOO both hold?

Both VGT and VOO hold NVIDIA Corp (NVDA), Apple Inc (AAPL), Microsoft Corp (MSFT), Broadcom Inc (AVGO), Micron Technology Inc (MU), Advanced Micro Devices Inc (AMD), Cisco Systems Inc (CSCO), Intel Corp (INTC) among their top positions. These shared names account for the 36.6% weight overlap.

Is it worth holding both VGT and VOO?

VGT and VOO overlap heavily: 36.6% of normalized fund weight is shared across 74 securities. Owning both repeats much of the same exposure, so treat the pair as closely related positions rather than assuming two fund labels create diversification.

What is the difference between VGT and VOO?

VGT is a technology-sector fund (US Sector – Technology, 0.10% expense ratio) and VOO is an S&P 500 fund (US Large-Cap Blend, 0.03% expense ratio). The dataset includes 320 VGT holdings as of 2026-08-24 and 506 VOO holdings as of 2026-08-24.

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Updated 2026-08-25 · Fund dates: VGT 2026-08-24, VOO 2026-08-24 · Holdings licensed from licensed third-party data feeds · Content hash fa6fd10daad2 · Educational content only, not investment advice.