Guardfolio Research · ETF Overlap
VIG vs VTV Overlap: 10.0% of Weight in Shared Holdings
VIG (Vanguard Dividend Appreciation) and VTV (Vanguard Value) overlap by 10.0% of weight through 4 shared top-10 holdings — including JPM, XOM, WMT, JNJ. Here is exactly which stocks duplicate, the sector picture, and whether holding both concentrates or diversifies your portfolio.
Overlap Summary
Bottom line
VIG and VTV have moderate, manageable overlap — about 10.0% of top-10 weight across 4 shared names. There is some double-up on the largest holdings, but the funds still pull in meaningfully different directions..
The Data
Exactly which stocks VIG and VTV share
The table below shows every holding that appears in both funds' top 10, with each fund's weight and the shared (minimum) weight that counts toward overlap.
| Holding | VIG weight | VTV weight | Shared (min) |
|---|---|---|---|
| JPMorgan Chase & Co. (JPM) | 3.57% | 3.09% | 3.09% |
| Exxon Mobil Corp. (XOM) | 2.89% | 2.49% | 2.49% |
| Walmart Inc. (WMT) | 2.59% | 2.24% | 2.24% |
| Johnson & Johnson (JNJ) | 2.48% | 2.15% | 2.15% |
| Total shared top-10 weight | 11.5% | 10.0% | 10.0% |
Weights are approximate, based on the most recent quarterly holdings. The 10.0% figure is the sum of the lesser of each fund's weight per shared holding (the conservative top-10 method).
See your real VIG + VTV overlap
Most portfolios hold more than two ETFs. Connect your accounts and see how VIG, VTV, and every other fund you own actually stack — across all brokerages.
7-day free trial · cancel anytime · the 2-ETF tool requires no signup
Sector Picture
VIG vs VTV: sector exposure side by side
Two funds can share few holdings yet still concentrate the same sectors. Here is how the top sectors compare (81.0% combined sector overlap).
| Sector | VIG | VTV |
|---|---|---|
| Financial Services | 22.5% | 21.7% |
| Healthcare | 14.5% | 14.5% |
| Industrials | 11.5% | 13.7% |
| Consumer Staples | 10.1% | 10.2% |
| Technology | 26.5% | 9.1% |
| Consumer Discretionary | 5.3% | 4.8% |
The Verdict
Should you hold both VIG and VTV?
VIG and VTV have moderate, manageable overlap — about 10.0% of top-10 weight across 4 shared names. There is some double-up on the largest holdings, but the funds still pull in meaningfully different directions.
FAQ
VIG vs VTV overlap: common questions
How much do VIG and VTV overlap?
VIG (Vanguard Dividend Appreciation) and VTV (Vanguard Value) overlap by approximately 10.0% of weight based on their top-10 holdings, with 81.0% sector overlap. They share 4 top-10 holdings: JPM, XOM, WMT, JNJ.
What stocks do VIG and VTV both hold?
Both VIG and VTV hold JPMorgan Chase & Co (JPM), Exxon Mobil Corp (XOM), Walmart Inc (WMT), Johnson & Johnson (JNJ) among their top positions. These shared names account for the 10.0% weight overlap.
Is it worth holding both VIG and VTV?
VIG and VTV have moderate, manageable overlap — about 10.0% of top-10 weight across 4 shared names. There is some double-up on the largest holdings, but the funds still pull in meaningfully different directions.
What is the difference between VIG and VTV?
VIG is a dividend fund (US Dividend, 0.05% expense ratio) and VTV is a large-cap value fund (US Large-Cap Value, 0.04% expense ratio). VIG's top 10 is 32.4% of the fund; VTV's is 21.0%.
Related Pages