SPY vs VUG: how much do they overlap?
SPDR S&P 500 ETF Trust (SPY) · Vanguard Growth ETF (VUG)
overlap by weight · 127 shared holdings
SPY: 504 holdings (as of 09-Jul-2026) · VUG: 153 holdings (as of 2026-03-31)
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 VUG 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 VUG |
|---|---|---|---|
| Nvidia Corp | NVDA | 7.57% | 13.31% |
| Apple Inc | AAPL | 7.16% | 12.32% |
| Microsoft Corp | MSFT | 4.4% | 9.09% |
| Amazon.Com Inc | AMZN | 3.73% | 4.59% |
| Alphabet Inc Cl A | GOOGL | 3.24% | 5.54% |
| Broadcom Inc | AVGO | 2.93% | 4.4% |
| Alphabet Inc Cl C | GOOG | 2.6% | 4.39% |
| Meta Platforms Inc Class A | META | 2.14% | 4.15% |
| Tesla Inc | TSLA | 1.76% | 3.47% |
| Eli Lilly + Co | LLY | 1.48% | 2.6% |
FAQ
How much do SPY and VUG overlap?
SPY and VUG have a 56.5% overlap by weight, sharing 127 holdings (out of 504 in SPY and 153 in VUG), based on official issuer holdings as of 09-Jul-2026.
What does 56.5% overlap mean?
SPY and VUG 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 VUG both hold?
The largest shared positions are Nvidia Corp, Apple Inc, Microsoft Corp, Amazon.Com Inc, Alphabet Inc Cl A. The full list of top shared holdings with weights in each fund is shown on this page.