TSPS vs VIG: 5% overlap
TSP S Fund — shown via extended-market proxy and Vanguard Dividend Appreciation ETF share 4.9% 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 2.0. Two funds that shared nothing would score 2.0; two identical funds score 1.0.
Top shared holdings
TSPS and VIG hold 162 of the same securities. The ten contributing most to the overlap figure:
| Holding | in TSPS | in VIG | Δ |
|---|---|---|---|
| CASH | 3.8% | 0.6% | 3.2% |
| SUNB | 0.3% | 0.1% | 0.2% |
| RBA | 0.2% | 0.1% | 0.2% |
| HEI-A | 0.2% | 0.1% | 0.1% |
| RS | 0.2% | 0.1% | 0.1% |
| BWXT | 0.2% | 0.1% | 0.1% |
| ITT | 0.2% | 0.1% | 0.1% |
| RGLD | 0.2% | 0.1% | 0.1% |
| DTM | 0.2% | 0.1% | 0.1% |
| DKS | 0.2% | 0.1% | 0.1% |
Where TSPS and VIG 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 | TSPS | VIG | Δ |
|---|---|---|---|
| Information Technology | 17.6% | 26.3% | −8.7pp |
| Industrials | 19.8% | 12.2% | +7.7pp |
| Consumer Staples | 2.7% | 9.3% | −6.6pp |
| Financials | 13.9% | 20.2% | −6.3pp |
| Real Estate | 4.8% | 0.0% | +4.8pp |
| Health Care | 13.2% | 17.7% | −4.5pp |
| Consumer Discretionary | 8.8% | 4.3% | +4.5pp |
| Communication Services | 4.5% | 0.0% | +4.4pp |
Δ is TSPS minus VIG, 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
85.2% of TSPS by weight, held in no part of VIG.
95.1% of VIG by weight, held in no part of TSPS.
A large count with a small weight is the usual shape: the positions one fund adds are typically its smallest ones.
Concentration and cost
| TSPS | VIG | |
|---|---|---|
| Top 10 holdings | 10.6% | 31.9% |
| Positions held | 3,327 | 333 |
| Cost per $10,000 held, per year | $5 | $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 TSPS and VIG overlap?
TSPS and VIG overlap 4.9% by portfolio weight — largely distinct portfolios. They share 162 holdings. The figure comes from current issuer holdings files (TSPS as of 2026-06-30, VIG as of 2026-06-30).
How is the overlap between TSPS and VIG calculated?
As the sum of the smaller weight in each fund, over every holding both funds own: Σ min(wA, wB). If TSPS holds a stock at 6% and VIG 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 TSPS and VIG?
That depends on your goals — we state facts, not advice. At 4.9% overlap, each fund still contributes meaningfully distinct exposure.
What does TSPS own that VIG doesn't?
TSPS holds 3,327 positions and VIG holds 333; 3,165 of TSPS's positions don't appear in VIG at all, and they are 85.2% of TSPS by weight.
You probably hold more than two funds
This page compares TSPS and VIG. Paste your whole portfolio — brokerage, 401(k), IRA — and see the overlap across every fund at once, plus what you actually own underneath them and your own Effective Funds number. Free, no account, nothing stored.
X-ray my portfolio — free →Watch TSPS vs VIG
We re-read both funds’ published holdings every weeknight. Leave an address and we'll tell you when what's inside actually changes.
Not sending yet — email alerts are built but switched off, and you'll be among the first when they turn on. No spam, one-click unsubscribe.
Related comparisons
Sources: issuer holdings files, TSPS as of 2026-06-30, VIG as of 2026-06-30. Weights are fractions of each fund. Diagnostics, not advice.