VO vs XLF: how much do they overlap?

Vanguard Mid-Cap ETF (VO) · Financial Select Sector SPDR ETF (XLF)

12.9%

overlap by weight · 40 shared holdings

VO: 289 holdings (as of 2026-03-31) · XLF: 77 holdings (as of 09-Jul-2026)

Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.

Low overlap

What this means

VO and XLF hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.

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

CompanyTickerin VOin XLF
Arthur J Gallagher & Co AJG 0.61% 0.83%
Robinhood Markets Inc HOOD 0.6% 1.16%
Allstate Corp/The ALL 0.59% 0.82%
Nasdaq Inc NDAQ 0.47% 0.5%
Fifth Third Bancorp FITB 0.46% 0.65%
Ameriprise Financial Inc AMP 0.44% 0.57%
American International Group Inc AIG 0.44% 0.53%
MetLife Inc MET 0.43% 0.63%
MSCI Inc MSCI 0.41% 0.56%
Hartford Financial Services Group Inc/The HIG 0.41% 0.48%

FAQ

How much do VO and XLF overlap?

VO and XLF have a 12.9% overlap by weight, sharing 40 holdings (out of 289 in VO and 77 in XLF), based on official issuer holdings as of 2026-03-31.

What does 12.9% overlap mean?

VO and XLF hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.

Which stocks do VO and XLF both hold?

The largest shared positions are Arthur J Gallagher & Co, Robinhood Markets Inc, Allstate Corp/The, Nasdaq Inc, Fifth Third Bancorp. The full list of top shared holdings with weights in each fund is shown on this page.

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