VIMAX vs VLXVX: 10% overlap
Vanguard Mid-Cap Index Admiral and Vanguard Target Retirement 2065 share 9.6% 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 3 months apart — VLXVX as of 2026-03-31, the rest through 2026-06-30. Each fund is compared using its most recent file, so any trading in between shows up as a difference.
You would hold two tickers and get the diversification of 1.9. Two funds that shared nothing would score 2.0; two identical funds score 1.0.
Top shared holdings
VIMAX and VLXVX hold 283 of the same securities. The ten contributing most to the overlap figure:
| Holding | in VIMAX | in VLXVX | Δ |
|---|---|---|---|
| CASH | 0.5% | 2.0% | 1.5% |
| ROP | 0.3% | 0.3% | 0.1% |
| WDC | 1.1% | 0.2% | 0.9% |
| STX | 1.0% | 0.2% | 0.9% |
| DTE | 0.3% | 0.1% | 0.2% |
| VRT | 1.2% | 0.1% | 1.1% |
| PWR | 1.0% | 0.1% | 1.0% |
| HWM | 1.0% | 0.1% | 1.0% |
| DG | 0.2% | 0.1% | 0.2% |
| NEM | 0.5% | 0.1% | 0.4% |
Where VIMAX and VLXVX 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 | VIMAX | VLXVX | Δ |
|---|---|---|---|
| Information Technology | 16.1% | 26.3% | −10.2pp |
| Industrials | 19.6% | 10.6% | +9.0pp |
| Utilities | 8.4% | 2.4% | +5.9pp |
| Unclassified | 0.4% | 6.1% | −5.7pp |
| Energy | 7.3% | 2.8% | +4.5pp |
| Treasuries | 0.0% | 3.3% | −3.3pp |
| Communication Services | 2.8% | 6.0% | −3.2pp |
| Real Estate | 5.1% | 1.9% | +3.2pp |
Δ is VIMAX minus VLXVX, 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
0.0% of VIMAX by weight, held in no part of VLXVX.
88.9% of VLXVX by weight, held in no part of VIMAX.
A large count with a small weight is the usual shape: the positions one fund adds are typically its smallest ones.
Concentration and cost
| VIMAX | VLXVX | |
|---|---|---|
| Top 10 holdings | 9.5% | 19.3% |
| Positions held | 283 | 6 |
| Cost per $10,000 held, per year | $5 | $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 VIMAX and VLXVX overlap?
VIMAX and VLXVX overlap 9.6% by portfolio weight — largely distinct portfolios. They share 283 holdings. The figure comes from current issuer holdings files (VIMAX as of 2026-06-30, VLXVX as of 2026-03-31).
How is the overlap between VIMAX and VLXVX calculated?
As the sum of the smaller weight in each fund, over every holding both funds own: Σ min(wA, wB). If VIMAX holds a stock at 6% and VLXVX 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 VIMAX and VLXVX?
That depends on your goals — we state facts, not advice. At 9.6% overlap, each fund still contributes meaningfully distinct exposure.
What does VIMAX own that VLXVX doesn't?
VIMAX holds 283 positions and VLXVX holds 6; 0 of VIMAX's positions don't appear in VLXVX at all, and they are 0.0% of VIMAX by weight.
You probably hold more than two funds
This page compares VIMAX and VLXVX. 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 VIMAX vs VLXVX
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, VIMAX as of 2026-06-30, VLXVX as of 2026-03-31. Weights are fractions of each fund. Diagnostics, not advice.