IVE vs VOOV: 96% overlap
iShares S&P 500 Value ETF and Vanguard S&P 500 Value ETF share 95.8% of their portfolios by weight — computed as Σ min(wA, wB) over every holding both funds own.
Different holding dates. These holdings were published 27 days apart — VOOV as of 2026-06-30, the rest through 2026-07-27. Each fund is compared using its most recent file, so any trading in between shows up as a difference.
You would hold two tickers and get the diversification of 1.0. Two funds that shared nothing would score 2.0; two identical funds score 1.0.
Top shared holdings
IVE and VOOV hold 438 of the same securities. The ten contributing most to the overlap figure:
| Holding | in IVE | in VOOV | Δ |
|---|---|---|---|
| AAPL | 8.3% | 7.3% | 1.0% |
| AMZN | 3.6% | 3.8% | 0.2% |
| XOM | 2.2% | 2.0% | 0.2% |
| WMT | 1.7% | 1.7% | 0.1% |
| INTC | 1.5% | 2.3% | 0.8% |
| COST | 1.4% | 1.4% | 0.0% |
| BAC | 1.4% | 1.3% | 0.1% |
| UNH | 1.3% | 1.3% | 0.0% |
| PG | 1.2% | 1.2% | 0.0% |
| HD | 1.1% | 1.2% | 0.1% |
Where IVE and VOOV 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 | VOOV | Δ |
|---|---|---|---|
| Financials | 16.2% | 15.3% | +0.9pp |
| Consumer Discretionary | 9.6% | 10.3% | −0.8pp |
| Information Technology | 19.8% | 20.5% | −0.7pp |
| Energy | 7.1% | 6.6% | +0.5pp |
| Cash and/or Derivatives | 0.1% | 0.5% | −0.3pp |
| Health Care | 12.4% | 12.2% | +0.2pp |
| Industrials | 11.5% | 11.4% | +0.1pp |
| Communication Services | 3.0% | 2.9% | +0.1pp |
Δ is IVE minus VOOV, 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 VOOV.
0.0% of VOOV 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 | VOOV | |
|---|---|---|
| Top 10 holdings | 23.6% | 23.8% |
| Positions held | 440 | 438 |
| Cost per $10,000 held, per year | $18 | $7 |
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 VOOV overlap?
IVE and VOOV overlap 95.8% by portfolio weight — they are effectively the same fund. They share 438 holdings. The figure comes from current issuer holdings files (IVE as of 2026-07-27, VOOV as of 2026-06-30).
How is the overlap between IVE and VOOV 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 VOOV 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 VOOV?
That depends on your goals — we state facts, not advice. At 95.8% overlap, most of what one fund holds, the other holds too. Expense ratios: IVE 0.18% versus VOOV 0.07%.
What does IVE own that VOOV doesn't?
IVE holds 440 positions and VOOV holds 438; 1 of IVE's positions don't appear in VOOV at all, and they are 0.0% of IVE by weight.
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Related comparisons
Sources: issuer holdings files, IVE as of 2026-07-27, VOOV as of 2026-06-30. Weights are fractions of each fund. Diagnostics, not advice.