VOOV vs VXF: 0% overlap

Vanguard S&P 500 Value ETF and Vanguard Extended Market ETF share 0.5% 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
0.5%
VOOV expense ratio
0.07%
VXF expense ratio
0.05%

Top shared holdings

VOOV and VXF hold 2 of the same securities. The ten contributing most to the overlap figure:

Holdingin VOOVin VXFΔ
CASH0.5%3.8%3.3%
MRVL0.5%0.0%0.5%

Where VOOV and VXF 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.

SectorVOOVVXFΔ
Industrials11.4%19.8%8.5pp
Consumer Staples8.8%2.7%+6.1pp
Cash and/or Derivatives0.5%3.8%3.3pp
Information Technology20.5%17.6%+2.9pp
Energy6.6%4.0%+2.6pp
Utilities4.4%1.9%+2.6pp
Consumer Discretionary10.3%8.8%+1.6pp
Communication Services2.9%4.5%1.6pp

Δ is VOOV minus VXF, 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 VOOV
436 positions

99.1% of VOOV by weight, held in no part of VXF.

Only in VXF
3,325 positions

96.2% of VXF by weight, held in no part of VOOV.

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

Concentration and cost

VOOVVXF
Top 10 holdings23.8%10.6%
Positions held4383,327
Cost per $10,000 held, per year$7$5

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 VOOV and VXF overlap?

VOOV and VXF overlap 0.5% by portfolio weight — largely distinct portfolios. They share 2 holdings. The figure comes from current issuer holdings files (VOOV as of 2026-06-30, VXF as of 2026-06-30).

How is the overlap between VOOV and VXF calculated?

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

That depends on your goals — we state facts, not advice. At 0.5% overlap, each fund still contributes meaningfully distinct exposure.

What does VOOV own that VXF doesn't?

VOOV holds 438 positions and VXF holds 3,327; 436 of VOOV's positions don't appear in VXF at all, and they are 99.1% of VOOV by weight.

You probably hold more than two funds

This page compares VOOV and VXF. 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 VOOV vs VXF

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, VOOV as of 2026-06-30, VXF as of 2026-06-30. Weights are fractions of each fund. Diagnostics, not advice.