IVE vs VTTHX: 22% overlap

iShares S&P 500 Value ETF and Vanguard Target Retirement 2035 share 21.6% of their portfolios by weight — computed as Σ min(wA, wB) over every holding both funds own.

Different holding dates. These holdings were published about 4 months apart — VTTHX as of 2026-03-31, the rest through 2026-07-23. Each fund is compared using its most recent file, so any trading in between shows up as a difference.

Hold both, 50/50
1.8Effective Funds

You would hold two tickers and get the diversification of 1.8. Two funds that shared nothing would score 2.0; two identical funds score 1.0.

Overlap
21.6%
IVE expense ratio
0.18%
VTTHX expense ratio
0.08%

Top shared holdings

IVE and VTTHX hold 436 of the same securities. The ten contributing most to the overlap figure:

Holdingin IVEin VTTHXΔ
AAPL8.1%2.3%5.8%
AMZN3.7%1.2%2.4%
TSLA1.2%0.6%0.5%
JPM1.0%0.4%0.6%
JNJ0.9%0.3%0.5%
XOM2.2%0.3%1.9%
INTC1.6%0.3%1.3%
V0.9%0.3%0.6%
WMT1.6%0.3%1.4%
ABBV0.8%0.2%0.6%

Where IVE and VTTHX 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.

SectorIVEVTTHXΔ
Unclassified0.0%11.2%11.2pp
Treasuries0.0%11.2%11.2pp
Health Care12.5%5.2%+7.3pp
Consumer Staples8.7%3.0%+5.6pp
Energy7.4%2.1%+5.3pp
MBS Pass-Through0.0%4.7%4.7pp
Financials16.1%12.0%+4.1pp
Consumer Discretionary9.6%5.7%+4.0pp

Δ is IVE minus VTTHX, 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

Only in IVE
3 positions

0.3% of IVE by weight, held in no part of VTTHX.

Only in VTTHX
16,246 positions

76.6% of VTTHX 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

IVEVTTHX
Top 10 holdings23.7%26.4%
Positions held4406
Cost per $10,000 held, per year$18$8

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 VTTHX overlap?

IVE and VTTHX overlap 21.6% by portfolio weight — moderate overlap. They share 436 holdings. The figure comes from current issuer holdings files (IVE as of 2026-07-23, VTTHX as of 2026-03-31).

How is the overlap between IVE and VTTHX 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 VTTHX 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 VTTHX?

That depends on your goals — we state facts, not advice. At 21.6% overlap, each fund still contributes meaningfully distinct exposure.

What does IVE own that VTTHX doesn't?

IVE holds 440 positions and VTTHX holds 6; 3 of IVE's positions don't appear in VTTHX at all, and they are 0.3% of IVE by weight.

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Related comparisons

Sources: issuer holdings files, IVE as of 2026-07-23, VTTHX as of 2026-03-31. Weights are fractions of each fund. Diagnostics, not advice.