VCIT vs VOO: 0% overlap

Vanguard Intermediate-Term Corporate Bond ETF and Vanguard S&P 500 ETF share 0.1% of their portfolios by weight — computed as Σ min(wA, wB) over every holding both funds own.

Hold both, 50/50
2.0Effective Funds

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.

Overlap
0.1%
VCIT expense ratio
0.03%
VOO expense ratio
0.03%

Top shared holdings

VCIT and VOO hold 1 of the same securities. The ten contributing most to the overlap figure:

Holdingin VCITin VOOΔ
CASH0.1%0.2%0.1%

Where VCIT and VOO 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.

SectorVCITVOOΔ
Corporate — industrial & other52.7%0.0%+52.7pp
Information Technology0.0%38.0%38.0pp
Financials36.8%11.6%+25.2pp
Communication Services0.0%9.7%9.7pp
Consumer Discretionary0.0%9.3%9.3pp
Industrials0.0%8.9%8.9pp
Health Care0.0%8.9%8.9pp
Utilities10.0%2.2%+7.8pp

Δ is VCIT minus VOO, 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 VCIT
823 positions

99.9% of VCIT by weight, held in no part of VOO.

Only in VOO
504 positions

99.8% of VOO by weight, held in no part of VCIT.

A large count with a small weight is the usual shape: the positions one fund adds are typically its smallest ones.

Concentration and cost

VCITVOO
Top 10 holdings16.6%36.4%
Positions held824505
Cost per $10,000 held, per year$3$3

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 VCIT and VOO overlap?

VCIT and VOO overlap 0.1% by portfolio weight — largely distinct portfolios. They share 1 holdings. The figure comes from current issuer holdings files (VCIT as of 2026-06-30, VOO as of 2026-06-30).

How is the overlap between VCIT and VOO calculated?

As the sum of the smaller weight in each fund, over every holding both funds own: Σ min(wA, wB). If VCIT holds a stock at 6% and VOO 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 VCIT and VOO?

That depends on your goals — we state facts, not advice. At 0.1% overlap, each fund still contributes meaningfully distinct exposure.

What does VCIT own that VOO doesn't?

VCIT holds 824 positions and VOO holds 505; 823 of VCIT's positions don't appear in VOO at all, and they are 99.9% of VCIT by weight.

You probably hold more than two funds

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Related comparisons

Sources: issuer holdings files, VCIT as of 2026-06-30, VOO as of 2026-06-30. Weights are fractions of each fund. Diagnostics, not advice.