VUAA vs VWCE ETF holdings comparison
Vanguard S&P 500 UCITS ETF (USD Acc) (VUAA) · Vanguard FTSE All-World UCITS ETF (USD Acc) (VWCE)
VUAA and VWCE overlap by 59.7% by portfolio weight. The remaining 40.3 percentage points are not counted as shared holdings weight by this calculation. They share 442 stocks; the largest shared position is NVIDIA Corp (NVDA), contributing 4.77% to the overlap.
What this means
VUAA and VWCE 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 VUAA | in VWCE |
|---|---|---|---|
| NVIDIA Corp | NVDA | 8.08% | 4.77% |
| Apple Inc | AAPL | 7.03% | 4.24% |
| Microsoft Corp | MSFT | 5.69% | 3.49% |
| Amazon.com Inc | AMZN | 3.84% | 2.33% |
| Alphabet Inc | GOOGL | 3.01% | 1.87% |
| Broadcom Inc | AVGO | 2.65% | 1.59% |
| Alphabet Inc | GOOG | 2.39% | 1.44% |
| Meta Platforms Inc | META | 1.90% | 1.17% |
| Micron Technology Inc | MU | 1.63% | 1.00% |
| Tesla Inc | TSLA | 1.57% | 1.00% |
Holdings only in VUAA or VWCE
VUAA has 61 fund-only positions representing approximately 1.3 percentage points of reported exposure; VWCE has 3197 fund-only positions representing approximately 39.2 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 VUAA
| Company | Ticker | Weight |
|---|---|---|
| Lumentum Holdings Inc | LITE | 0.11% |
| Moderna Inc | MRNA | 0.07% |
| Jabil Inc | JBL | 0.05% |
| Casey's General Stores Inc | CASY | 0.04% |
| Tapestry Inc | TPR | 0.04% |
| CF Industries Holdings Inc | CF | 0.03% |
| Viatris Inc | VTRS | 0.03% |
| CH Robinson Worldwide Inc | CHRW | 0.03% |
| Nordson Corp | NDSN | 0.03% |
| Zebra Technologies Corp | ZBRA | 0.03% |
Largest positions only in VWCE
| Company | Ticker | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | 2330 | 1.70% |
| Samsung Electronics Co Ltd | 005930 | 0.81% |
| SK hynix Inc | 000660 | 0.63% |
| ASML Holding NV | ASML | 0.60% |
| Tencent Holdings Ltd | 700 | 0.33% |
| HSBC Holdings PLC | HSBA | 0.33% |
| Roche Holding AG | ROP | 0.28% |
| Novartis AG | NOVN | 0.26% |
| Alibaba Group Holding Ltd | 9988 | 0.26% |
| Royal Bank of Canada | RY | 0.26% |
FAQ
How much do VUAA and VWCE overlap?
VUAA and VWCE have 59.7% overlap by weight, sharing 442 equity positions (out of 503 in VUAA and 3639 in VWCE). The official holdings files used are dated 2026-08-31 for VUAA and 2026-08-31 for VWCE.
What does 59.7% overlap mean?
VUAA and VWCE 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 VUAA and VWCE both hold?
The largest shared positions are NVIDIA Corp, Apple Inc, Microsoft Corp, Amazon.com Inc, Alphabet Inc. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between VUAA and VWCE?
VUAA has 61 positions not found in VWCE, while VWCE has 3197 positions not found in VUAA. The largest fund-only positions and their weights are shown on this page.
Related comparisons
Both funds here are UCITS ETFs. How share classes and listings map to one fund, and which popular UCITS combinations repeat the same US mega-caps, is covered in ETF overlap for European investors.