VT vs XLB: how much do they overlap?
Vanguard Total World Stock ETF (VT) · Materials Select Sector SPDR ETF (XLB)
VT and XLB overlap by 1% by portfolio weight. In practical terms, about 99.0% of the smaller-weighted exposure is different between the two funds. They share 24 stocks; the largest shared position is Linde PLC (LIN), contributing 0.21% to the overlap.
overlap by weight · 24 shared holdings
VT: 9973 holdings (as of 2026-04-30) · XLB: 25 holdings (as of 2026-08-05)
Holdings dates reflect the latest official files available for each issuer. Some issuers publish daily files; others are represented by periodic SEC filings. Analysis template updated 2026-08-05.
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
VT and XLB 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
| Company | Ticker | in VT | in XLB |
|---|---|---|---|
| Linde PLC | LIN | 0.21% | 13.2% |
| Newmont Corp | NEM | 0.1% | 6.47% |
| Freeport-McMoRan Inc | FCX | 0.07% | 5.8% |
| CRH PLC | CRH | 0.07% | 4.32% |
| Sherwin-Williams Co/The | SHW | 0.07% | 5.26% |
| Air Products and Chemicals Inc | APD | 0.06% | 4.61% |
| Ecolab Inc | ECL | 0.06% | 4.8% |
| Corteva Inc | CTVA | 0.05% | 4.57% |
| Nucor Corp | NUE | 0.05% | 4.74% |
| Vulcan Materials Co | VMC | 0.04% | 4.55% |
FAQ
How much do VT and XLB overlap?
VT and XLB have a 1% overlap by weight, sharing 24 holdings (out of 9973 in VT and 25 in XLB), based on official issuer holdings as of 2026-04-30.
What does 1% overlap mean?
VT and XLB hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do VT and XLB both hold?
The largest shared positions are Linde PLC, Newmont Corp, Freeport-McMoRan Inc, CRH PLC, Sherwin-Williams Co/The. The full list of top shared holdings with weights in each fund is shown on this page.