VO vs XLV: how much do they overlap?

Vanguard Mid-Cap ETF (VO) · Health Care Select Sector SPDR ETF (XLV)

7.4%

overlap by weight · 23 shared holdings

VO: 289 holdings (as of 2026-03-31) · XLV: 61 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 XLV 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 XLV
Cencora Inc COR 0.63% 1%
Cardinal Health Inc CAH 0.54% 0.93%
Edwards Lifesciences Corp EW 0.51% 0.9%
Zoetis Inc ZTS 0.49% 0.54%
Becton Dickinson & Co BDX 0.49% 0.71%
IDEXX Laboratories Inc IDXX 0.49% 0.75%
ResMed Inc RMD 0.36% 0.52%
Agilent Technologies Inc A 0.35% 0.64%
GE HealthCare Technologies Inc GEHC 0.34% 0.5%
Waters Corp WAT 0.32% 0.63%

FAQ

How much do VO and XLV overlap?

VO and XLV have a 7.4% overlap by weight, sharing 23 holdings (out of 289 in VO and 61 in XLV), based on official issuer holdings as of 2026-03-31.

What does 7.4% overlap mean?

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

Which stocks do VO and XLV both hold?

The largest shared positions are Cencora Inc, Cardinal Health Inc, Edwards Lifesciences Corp, Zoetis Inc, Becton Dickinson & Co. The full list of top shared holdings with weights in each fund is shown on this page.

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