Guardfolio Research · Canadian ETF Overlap
XEQT vs VFV Overlap: 39.8% of Weight in Shared Holdings
XEQT (iShares Core Equity ETF Portfolio) and VFV (Vanguard S&P 500 Index ETF) overlap by 39.8% of normalized weight through 499 shared securities, led by NVDA, AAPL, MSFT, AMZN, GOOGL. Global all-equity vs US S&P 500 - common TFSA and RRSP core plus US sleeve pairing.
Overlap Summary
Bottom line
XEQT and VFV share 39.8% of normalized weight (moderate overlap). Shared names still deserve a look.
The Data
Exactly which securities XEQT and VFV share
Licensed full Canadian holdings. Overlap = sum of lesser normalized weight for each shared security. Matching uses ISIN alone when present, then CUSIP, then ticker/name fallback. Separate from Guardfolio's US ETF overlap pages.
| Listings | TSX (XEQT); TSX (VFV) |
|---|---|
| Fund dates | XEQT 2026-08-24; VFV 2026-08-24 |
| Coverage gate | ≥97% retained per fund |
| Holding | XEQT | VFV | Shared (min) |
|---|---|---|---|
| NVIDIA (NVDA) | 3.1% | 7.6% | 3.1% |
| APPLE (AAPL) | 2.7% | 7.1% | 2.7% |
| MICROSOFT (MSFT) | 2.2% | 5.4% | 2.2% |
| AMAZON.COM INC (AMZN) | 1.5% | 4.1% | 1.5% |
| ALPHABET CLASS A (GOOGL) | 1.2% | 3.2% | 1.2% |
| BROADCOM INC (AVGO) | 1.1% | 2.9% | 1.1% |
| ALPHABET CLASS C (GOOG) | 1.0% | 2.6% | 1.0% |
| META PLATFORMS CLASS A (META) | 0.7% | 1.9% | 0.7% |
| MICRON TECHNOLOGY (MU) | 0.7% | 1.4% | 0.7% |
| TESLA INC (TSLA) | 0.6% | 1.4% | 0.6% |
| ELI LILLY (LLY) | 0.6% | 1.4% | 0.6% |
| JPMORGAN CHASE & CO (JPM) | 0.6% | 1.5% | 0.6% |
| BERKSHIRE HATHAWAY INC CLASS B (BRK-B) | 0.5% | 1.5% | 0.5% |
| ADVANCED MICRO DEVICES (AMD) | 0.5% | 1.2% | 0.5% |
| EXXONMOBIL HOLDINGS CORP (XOM) | 0.4% | 1.0% | 0.4% |
| JOHNSON & JOHNSON (JNJ) | 0.4% | 1.0% | 0.4% |
| VISA CLASS A (V) | 0.4% | 0.9% | 0.4% |
| MASTERCARD CLASS A (MA) | 0.3% | 0.7% | 0.3% |
| ABBVIE (ABBV) | 0.3% | 0.7% | 0.3% |
| WALMART INC (WMT) | 0.3% | 0.8% | 0.3% |
| Total full-holdings overlap | 39.8% | ||
Showing top 20 of 499 shared securities.
XEQT: 8290 holdings (99.521% coverage). VFV: 505 holdings (100% coverage). Educational only.
Canadian context
Why this TSX pair shows up in Canadian portfolios
Global all-equity vs US S&P 500 - common TFSA and RRSP core plus US sleeve pairing. Investors on the TSX often hold one-ticket all-equity portfolios in TFSA and RRSP accounts. Tax wrappers do not change underlying security overlap.
FAQ
XEQT vs VFV Canadian overlap: common questions
How much do XEQT and VFV overlap?
XEQT (iShares Core Equity ETF Portfolio) and VFV (Vanguard S&P 500 Index ETF) overlap by approximately 39.8% of normalized weight across licensed Canadian full holdings. They share 499 securities; largest contributors include NVDA, AAPL, MSFT, AMZN, GOOGL.
What stocks do XEQT and VFV both hold?
Both hold NVIDIA (NVDA), APPLE (AAPL), MICROSOFT (MSFT), AMAZON (AMZN), ALPHABET CLASS A (GOOGL), BROADCOM INC (AVGO), ALPHABET CLASS C (GOOG), META PLATFORMS CLASS A (META) among overlapping names, which drive the 39.8% weight overlap.
Is XEQT + VFV diversified?
More diversified than high-overlap US pairs. At 39.8% overlap some names still repeat; use the table before treating the mix as fully independent.
Are these the same as US VOO or a US-listed XEQT?
No. XEQT and VFV are TSX-listed Canadian ETFs (TSX / TSX). Indexes can be similar to US funds, but tickers, currency and tax treatment differ. This page is in Guardfolio's Canadian cluster, not the US ETF overlap checker.
Related Canadian pages