SPY vs VTV ETF holdings comparison
SPDR S&P 500 ETF Trust (SPY) · Vanguard Value ETF (VTV)
SPY and VTV overlap by 40.6% by portfolio weight. The remaining 59.4 percentage points are not counted as shared holdings weight by this calculation. They share 291 stocks; the largest shared position is Micron Technology Inc (MU), contributing 1.75% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
SPY and VTV 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 SPY | in VTV |
|---|---|---|---|
| Micron Technology Inc | MU | 1.75% | 4.87% |
| Berkshire Hathaway Inc Cl B | BRK.B | 1.42% | 2.95% |
| Jpmorgan Chase + Co | JPM | 1.32% | 3.06% |
| Johnson + Johnson | JNJ | 0.92% | 2.29% |
| Intel Corp | INTC | 0.80% | 1.05% |
| Walmart Inc | WMT | 0.74% | 1.86% |
| Abbvie Inc | ABBV | 0.72% | 1.66% |
| Cisco Systems Inc | CSCO | 0.68% | 1.56% |
| Chevron Corp | CVX | 0.62% | 1.17% |
| Caterpillar Inc | CAT | 0.55% | 1.83% |
Holdings only in SPY or VTV
SPY has 212 fund-only positions representing approximately 59.3 percentage points of reported exposure; VTV has 17 fund-only positions representing approximately 4.3 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 SPY
| Company | Ticker | Weight |
|---|---|---|
| Nvidia Corp | NVDA | 8.34% |
| Apple Inc | AAPL | 7.43% |
| Microsoft Corp | MSFT | 5.80% |
| Amazon.Com Inc | AMZN | 3.73% |
| Alphabet Inc Cl A | GOOGL | 3.05% |
| Broadcom Inc | AVGO | 2.56% |
| Alphabet Inc Cl C | GOOG | 2.45% |
| Meta Platforms Inc Class A | META | 2.38% |
| Tesla Inc | TSLA | 1.58% |
| Advanced Micro Devices | AMD | 1.51% |
Largest positions only in VTV
| Company | Ticker | Weight |
|---|---|---|
| Exxon Mobil Corp | XOM | 2.12% |
| Berkshire Hathaway Inc | BRK/A | 0.52% |
| Warner Bros Discovery Inc | WBD | 0.24% |
| Corteva Inc | CTVA | 0.21% |
| ONEOK Inc | OKE | 0.20% |
| Electronic Arts Inc | EA | 0.19% |
| Cheniere Energy Inc | LNG | 0.19% |
| Strategy Inc | MSTR | 0.11% |
| AvalonBay Communities Inc | AVB | 0.10% |
| Markel Group Inc | MKL | 0.09% |
FAQ
How much do SPY and VTV overlap?
SPY and VTV have 40.6% overlap by weight, sharing 291 equity positions (out of 503 in SPY and 308 in VTV). The official holdings files used are dated 2026-10-08 for SPY and 2026-06-30 for VTV.
What does 40.6% overlap mean?
SPY and VTV 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 SPY and VTV both hold?
The largest shared positions are Micron Technology Inc, Berkshire Hathaway Inc Cl B, Jpmorgan Chase + Co, Johnson + Johnson, Intel Corp. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between SPY and VTV?
SPY has 212 positions not found in VTV, while VTV has 17 positions not found in SPY. The largest fund-only positions and their weights are shown on this page.