VGT vs VTIP: 0% overlap
Vanguard Information Technology ETF and Vanguard Short-Term Inflation-Protected Securities ETF share 0.4% 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
VGT and VTIP hold 1 of the same securities. The ten contributing most to the overlap figure:
| Holding | in VGT | in VTIP | Δ |
|---|---|---|---|
| CASH | 0.4% | 0.7% | 0.3% |
Where VGT and VTIP 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 | VGT | VTIP | Δ |
|---|---|---|---|
| Information Technology | 99.5% | 0.0% | +99.5pp |
| Treasuries | 0.0% | 99.3% | −99.3pp |
| Cash and/or Derivatives | 0.4% | 0.7% | −0.3pp |
| Consumer Staples | 0.1% | 0.0% | +0.1pp |
| Consumer Discretionary | 0.0% | 0.0% | +0.0pp |
| Financials | 0.0% | 0.0% | +0.0pp |
| Materials | 0.0% | 0.0% | +0.0pp |
| Unclassified | 0.0% | 0.0% | +0.0pp |
Δ is VGT minus VTIP, 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
99.6% of VGT by weight, held in no part of VTIP.
99.3% of VTIP by weight, held in no part of VGT.
A large count with a small weight is the usual shape: the positions one fund adds are typically its smallest ones.
Concentration and cost
| VGT | VTIP | |
|---|---|---|
| Top 10 holdings | 59.9% | 100.0% |
| Positions held | 322 | 3 |
| Cost per $10,000 held, per year | $9 | $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 VGT and VTIP overlap?
VGT and VTIP overlap 0.4% by portfolio weight — largely distinct portfolios. They share 1 holdings. The figure comes from current issuer holdings files (VGT as of 2026-06-30, VTIP as of 2026-06-30).
How is the overlap between VGT and VTIP calculated?
As the sum of the smaller weight in each fund, over every holding both funds own: Σ min(wA, wB). If VGT holds a stock at 6% and VTIP 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 VGT and VTIP?
That depends on your goals — we state facts, not advice. At 0.4% overlap, each fund still contributes meaningfully distinct exposure.
What does VGT own that VTIP doesn't?
VGT holds 322 positions and VTIP holds 3; 321 of VGT's positions don't appear in VTIP at all, and they are 99.6% of VGT by weight.
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Related comparisons
Sources: issuer holdings files, VGT as of 2026-06-30, VTIP as of 2026-06-30. Weights are fractions of each fund. Diagnostics, not advice.