SPY vs VIG: how much do they overlap?
SPDR S&P 500 ETF Trust (SPY) · Vanguard Dividend Appreciation ETF (VIG)
overlap by weight · 166 shared holdings
SPY: 504 holdings (as of 09-Jul-2026) · VIG: 332 holdings (as of 2026-04-30)
Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.
Moderate overlap
What this means
SPY and VIG share a meaningful slice of holdings. They are related but not interchangeable; check the shared names below to see where your exposure doubles up.
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.
Top shared holdings
| Company | Ticker | in SPY | in VIG |
|---|---|---|---|
| Apple Inc | AAPL | 7.16% | 4.07% |
| Microsoft Corp | MSFT | 4.4% | 3.97% |
| Broadcom Inc | AVGO | 2.93% | 5.18% |
| Eli Lilly + Co | LLY | 1.48% | 3.34% |
| Jpmorgan Chase + Co | JPM | 1.39% | 3.59% |
| Johnson + Johnson | JNJ | 0.96% | 2.49% |
| Visa Inc Class A Shares | V | 0.89% | 2.33% |
| Walmart Inc | WMT | 0.76% | 2.6% |
| Cisco Systems Inc | CSCO | 0.72% | 1.63% |
| Lam Research Corp | LRCX | 0.68% | 1.45% |
FAQ
How much do SPY and VIG overlap?
SPY and VIG have a 39.4% overlap by weight, sharing 166 holdings (out of 504 in SPY and 332 in VIG), based on official issuer holdings as of 09-Jul-2026.
What does 39.4% overlap mean?
SPY and VIG share a meaningful slice of holdings. They are related but not interchangeable; check the shared names below to see where your exposure doubles up.
Which stocks do SPY and VIG both hold?
The largest shared positions are Apple Inc, Microsoft Corp, Broadcom Inc, Eli Lilly + Co, Jpmorgan Chase + Co. The full list of top shared holdings with weights in each fund is shown on this page.