IVE vs VFIAX: 58% overlap
iShares S&P 500 Value ETF and Vanguard 500 Index Admiral share 58.2% of their portfolios by weight — computed as Σ min(wA, wB) over every holding both funds own.
You would hold two tickers and get the diversification of 1.4. Two funds that shared nothing would score 2.0; two identical funds score 1.0.
Top shared holdings
IVE and VFIAX hold 438 of the same securities. The ten contributing most to the overlap figure:
| Holding | in IVE | in VFIAX | Δ |
|---|---|---|---|
| AAPL | 8.1% | 6.6% | 1.5% |
| AMZN | 3.7% | 3.6% | 0.1% |
| TSLA | 1.2% | 1.8% | 0.7% |
| JPM | 1.0% | 1.3% | 0.2% |
| INTC | 1.6% | 1.0% | 0.6% |
| XOM | 2.2% | 0.9% | 1.3% |
| JNJ | 0.9% | 0.9% | 0.1% |
| V | 0.9% | 0.9% | 0.0% |
| WMT | 1.6% | 0.8% | 0.9% |
| CSCO | 0.7% | 0.7% | 0.0% |
Where IVE and VFIAX differ
Sector weights as a share of each fund, ordered by the size of the gap rather than the size of the sector — two funds that overlap heavily still usually diverge somewhere.
| Sector | IVE | VFIAX | Δ |
|---|---|---|---|
| Information Technology | 19.8% | 38.0% | −18.2pp |
| Communication Services | 2.9% | 9.7% | −6.8pp |
| Financials | 16.1% | 11.6% | +4.5pp |
| Energy | 7.4% | 3.0% | +4.4pp |
| Consumer Staples | 8.7% | 4.6% | +4.1pp |
| Health Care | 12.5% | 8.9% | +3.6pp |
| Industrials | 11.5% | 8.9% | +2.5pp |
| Utilities | 4.5% | 2.2% | +2.3pp |
Δ is IVE minus VFIAX, in percentage points. Sector data is not published by every issuer, so “Unclassified” is a real category rather than a gap in the table.
What each fund holds alone
0.0% of IVE by weight, held in no part of VFIAX.
39.4% of VFIAX by weight, held in no part of IVE.
A large count with a small weight is the usual shape: the positions one fund adds are typically its smallest ones.
Concentration and cost
| IVE | VFIAX | |
|---|---|---|
| Top 10 holdings | 23.7% | 36.4% |
| Positions held | 440 | 505 |
| Cost per $10,000 held, per year | $18 | $4 |
Cost is the expense ratio applied to $10,000; it excludes any brokerage commission, bid-ask spread or tax consequence. Figures are facts about the funds, not a suggestion about which to hold.
Frequently asked
How much do IVE and VFIAX overlap?
IVE and VFIAX overlap 58.2% by portfolio weight — substantial duplication if you hold both. They share 438 holdings. The figure comes from current issuer holdings files (IVE as of 2026-07-23, VFIAX as of 2026-06-30).
How is the overlap between IVE and VFIAX calculated?
As the sum of the smaller weight in each fund, over every holding both funds own: Σ min(wA, wB). If IVE holds a stock at 6% and VFIAX holds the same stock at 4%, 4% counts as shared. The result is bounded between 0% and 100%, and it is computed after looking through any fund-of-funds to the underlying holdings.
Is it redundant to hold both IVE and VFIAX?
That depends on your goals — we state facts, not advice. At 58.2% overlap, each fund still contributes meaningfully distinct exposure.
What does IVE own that VFIAX doesn't?
IVE holds 440 positions and VFIAX holds 505; 1 of IVE's positions don't appear in VFIAX at all, and they are 0.0% of IVE by weight.
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Related comparisons
Sources: issuer holdings files, IVE as of 2026-07-23, VFIAX as of 2026-06-30. Weights are fractions of each fund. Diagnostics, not advice.