VEA vs VTI: 2% overlap
Vanguard FTSE Developed Markets ETF and Vanguard Total Stock Market ETF share 2.1% 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
VEA and VTI hold 179 of the same securities. The ten contributing most to the overlap figure:
| Holding | in VEA | in VTI | Δ |
|---|---|---|---|
| CASH | 1.4% | 0.6% | 0.7% |
| ALL | 0.1% | 0.1% | 0.0% |
| MRK | 0.1% | 0.4% | 0.4% |
| WCN | 0.1% | 0.1% | 0.1% |
| PRU | 0.1% | 0.1% | 0.1% |
| HBAN | 0.1% | 0.0% | 0.0% |
| ROP | 0.9% | 0.0% | 0.8% |
| EQT | 0.0% | 0.0% | 0.0% |
| SUNB | 0.1% | 0.0% | 0.0% |
| DTE | 0.3% | 0.0% | 0.2% |
Where VEA and VTI 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 | VEA | VTI | Δ |
|---|---|---|---|
| Information Technology | 17.1% | 35.2% | −18.1pp |
| Financials | 20.7% | 11.9% | +8.8pp |
| Unclassified | 8.9% | 0.2% | +8.7pp |
| Communication Services | 2.5% | 9.1% | −6.6pp |
| Industrials | 16.9% | 10.4% | +6.5pp |
| Health Care | 6.2% | 9.5% | −3.3pp |
| Materials | 5.1% | 2.0% | +3.0pp |
| Consumer Discretionary | 7.3% | 9.2% | −1.8pp |
Δ is VEA minus VTI, 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
90.9% of VEA by weight, held in no part of VTI.
94.7% of VTI by weight, held in no part of VEA.
A large count with a small weight is the usual shape: the positions one fund adds are typically its smallest ones.
Concentration and cost
| VEA | VTI | |
|---|---|---|
| Top 10 holdings | 15.2% | 31.9% |
| Positions held | 3,792 | 3,495 |
| 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 VEA and VTI overlap?
VEA and VTI overlap 2.1% by portfolio weight — largely distinct portfolios. They share 179 holdings. The figure comes from current issuer holdings files (VEA as of 2026-06-30, VTI as of 2026-06-30).
How is the overlap between VEA and VTI calculated?
As the sum of the smaller weight in each fund, over every holding both funds own: Σ min(wA, wB). If VEA holds a stock at 6% and VTI 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 VEA and VTI?
That depends on your goals — we state facts, not advice. At 2.1% overlap, each fund still contributes meaningfully distinct exposure.
What does VEA own that VTI doesn't?
VEA holds 3,792 positions and VTI holds 3,495; 3,613 of VEA's positions don't appear in VTI at all, and they are 90.9% of VEA by weight.
You probably hold more than two funds
This page compares VEA and VTI. 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 VEA vs VTI
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, VEA as of 2026-06-30, VTI as of 2026-06-30. Weights are fractions of each fund. Diagnostics, not advice.