Guardfolio Research · ETF Concentration
VTI ETF Concentration: Top 10 Holds 33.3%
VTI (Vanguard Total Stock Market ETF) has an HHI of 163.21 and about 61.27 effective positions as of 2026-08-22. The largest holding is about 6.4%; the Top 10 sum to 33.3%, led by NVDA, AAPL, MSFT, AMZN, GOOGL. VTI is the total-market contrast case: thousands of holdings and a much lower HHI than mega-cap growth funds.
Concentration Snapshot
Band
Lower concentration versus the Guardfolio 22-fund ETF set. Peer context: VGT HHI 750.94; XLK HHI 590.81; VUG HHI 565.32.
The Data
VTI top holdings and concentration math
Weights are normalized from licensed full holdings. HHI is the sum of squared percentage weights. Effective positions = 10,000 / HHI. This page is part of Guardfolio's concentration cluster, separate from ETF overlap pair pages.
| Provider | Financial Modeling Prep |
|---|---|
| Fund date | 2026-08-22 |
| Holdings counted | 3,485 |
| Top 3 / Top 5 | 17.5% / 24.0% |
| Holding | Weight |
|---|---|
| NVIDIA Corp (NVDA) | 6.4% |
| Apple Inc (AAPL) | 6.3% |
| Microsoft Corp (MSFT) | 4.8% |
| Amazon.com Inc (AMZN) | 3.6% |
| Alphabet Inc (GOOGL) | 2.9% |
| Broadcom Inc (AVGO) | 2.6% |
| Alphabet Inc (GOOG) | 2.3% |
| Meta Platforms Inc (META) | 1.7% |
| Eli Lilly & Co (LLY) | 1.4% |
| JPMorgan Chase & Co (JPM) | 1.3% |
Educational snapshot only. Holdings and weights change. HHI does not measure return correlation or future risk.
Why it matters
Concentration vs overlap for VTI holders
VTI is the total-market contrast case: thousands of holdings and a much lower HHI than mega-cap growth funds. If you also hold QQQ, VUG, IWF or a megacap stock, look-through exposure can stack even when fund labels look different. After this page, check pairwise overlap and the portfolio concentration calculator.
ETF overlap checker · Concentration risk hub · Portfolio X-Ray
FAQ
VTI concentration: common questions
How concentrated is VTI?
VTI has an HHI of 163.21 and about 61.27 effective positions based on licensed full holdings dated 2026-08-22. The largest holding is about 6.4% and the Top 10 holdings sum to about 33.3%.
What are the largest holdings in VTI?
The largest contributors include NVIDIA Corp (NVDA) 6.4%; Apple Inc (AAPL) 6.3%; Microsoft Corp (MSFT) 4.8%; Amazon (AMZN) 3.6%; Alphabet Inc (GOOGL) 2.9%; Broadcom Inc (AVGO) 2.6%; Alphabet Inc (GOOG) 2.3%; Meta Platforms Inc (META) 1.7%.
Is VTI more concentrated than the S&P 500?
VTI's HHI of 163.21 is closer to broad-market wrappers than mega-cap growth or pure tech sector funds. Compare Top 10 and HHI with SPY, VOO and VTI.
Does concentration mean VTI overlaps with other ETFs?
Concentration measures how much weight sits in a few names inside one fund. Overlap measures shared holdings across two funds. A concentrated ETF can still pair badly with another fund that owns the same megacaps. Check the ETF overlap checker after you review concentration.
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