MGK vs XLK ETF holdings comparison
Vanguard Mega Cap Growth ETF (MGK) · Technology Select Sector SPDR ETF (XLK)
MGK and XLK overlap by 57.6% by portfolio weight. The remaining 42.4 percentage points are not counted as shared holdings weight by this calculation. They share 25 stocks; the largest shared position is NVIDIA Corp (NVDA), contributing 13.27% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
MGK and XLK share a material portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "moderate holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
Overlap by weight sums the smaller of the two funds' weights for every stock they both hold. It answers "how much of my money is in the same stocks either way?" See methodology.
This comparison covers normalized equity positions represented in the dataset. Cash, derivatives, options, structured notes, and other non-equity assets are not included, so the result is not a complete comparison of every asset or risk in either fund.
Top shared holdings
| Company | Ticker | in MGK | in XLK |
|---|---|---|---|
| NVIDIA Corp | NVDA | 13.27% | 15.42% |
| Apple Inc | AAPL | 12.17% | 13.73% |
| Microsoft Corp | MSFT | 7.50% | 10.73% |
| Broadcom Inc | AVGO | 4.27% | 4.74% |
| Advanced Micro Devices Inc | AMD | 3.19% | 5.07% |
| Lam Research Corp | LRCX | 1.92% | 2.25% |
| KLA Corp | KLAC | 1.48% | 1.44% |
| Sandisk Corp | SNDK | 1.28% | 1.32% |
| Applied Materials Inc | AMAT | 1.13% | 2.26% |
| Palo Alto Networks Inc | PANW | 1.10% | 1.82% |
Holdings only in MGK or XLK
MGK has 31 fund-only positions representing approximately 42.0 percentage points of reported exposure; XLK has 51 fund-only positions representing approximately 23.6 percentage points of reported exposure. These are positions whose normalized security identifiers appear in one issuer file but not the other.
Largest positions only in MGK
| Company | Ticker | Weight |
|---|---|---|
| Alphabet Inc | GOOGL | 5.92% |
| Alphabet Inc | GOOG | 4.66% |
| Amazon.com Inc | AMZN | 4.46% |
| Meta Platforms Inc | META | 4.08% |
| Tesla Inc | TSLA | 3.93% |
| Eli Lilly & Co | LLY | 3.40% |
| Visa Inc | V | 1.82% |
| Mastercard Inc | MA | 1.47% |
| GE Vernova Inc | GEV | 1.20% |
| Netflix Inc | NFLX | 1.12% |
Largest positions only in XLK
| Company | Ticker | Weight |
|---|---|---|
| Micron Technology Inc | MU | 4.29% |
| Cisco Systems Inc | CSCO | 2.53% |
| Texas Instruments Inc | TXN | 1.47% |
| Intl Business Machines Corp | IBM | 1.20% |
| Analog Devices Inc | ADI | 1.11% |
| Qualcomm Inc | QCOM | 1.05% |
| Salesforce Inc | CRM | 1.04% |
| Dell Technologies C | DELL | 0.97% |
| Accenture Plc Cl A | ACN | 0.71% |
| Adobe Inc | ADBE | 0.54% |
FAQ
How much do MGK and XLK overlap?
MGK and XLK have 57.6% overlap by weight, sharing 25 equity positions (out of 56 in MGK and 76 in XLK). The official holdings files used are dated 2026-06-30 for MGK and 2026-10-08 for XLK.
What does 57.6% overlap mean?
MGK and XLK share a material portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "moderate holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
Which stocks do MGK and XLK both hold?
The largest shared positions are NVIDIA Corp, Apple Inc, Microsoft Corp, Broadcom Inc, Advanced Micro Devices Inc. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between MGK and XLK?
MGK has 31 positions not found in XLK, while XLK has 51 positions not found in MGK. The largest fund-only positions and their weights are shown on this page.