VUG vs XLK ETF holdings comparison
Vanguard Growth ETF (VUG) · Technology Select Sector SPDR ETF (XLK)
VUG and XLK overlap by 51.2% by portfolio weight. The remaining 48.8 percentage points are not counted as shared holdings weight by this calculation. They share 41 stocks; the largest shared position is NVIDIA Corp (NVDA), contributing 13.31% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
VUG and XLK 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 VUG | in XLK |
|---|---|---|---|
| NVIDIA Corp | NVDA | 13.31% | 14.22% |
| Apple Inc | AAPL | 12.32% | 12.54% |
| Microsoft Corp | MSFT | 9.09% | 10.07% |
| Broadcom Inc | AVGO | 4.40% | 4.66% |
| Advanced Micro Devices Inc | AMD | 1.11% | 4.10% |
| Palantir Technologies Inc | PLTR | 1.07% | 2.67% |
| Lam Research Corp | LRCX | 0.90% | 2.65% |
| Oracle Corp | ORCL | 0.85% | 1.65% |
| KLA Corp | KLAC | 0.66% | 1.61% |
| Amphenol Corp | APH | 0.53% | 1.31% |
Holdings only in VUG or XLK
VUG has 111 fund-only positions representing approximately 48.7 percentage points of reported exposure; XLK has 32 fund-only positions representing approximately 20.9 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 VUG
| Company | Ticker | Weight |
|---|---|---|
| Alphabet Inc | GOOGL | 5.54% |
| Amazon.com Inc | AMZN | 4.59% |
| Alphabet Inc | GOOG | 4.39% |
| Meta Platforms Inc | META | 4.15% |
| Tesla Inc | TSLA | 3.47% |
| Eli Lilly & Co | LLY | 2.60% |
| Visa Inc | V | 1.65% |
| Costco Wholesale Corp | COST | 1.48% |
| Netflix Inc | NFLX | 1.36% |
| Mastercard Inc | MA | 1.33% |
Largest positions only in XLK
| Company | Ticker | Weight |
|---|---|---|
| Micron Technology Inc | MU | 3.99% |
| Cisco Systems Inc | CSCO | 2.95% |
| Intel Corp | INTC | 2.91% |
| Intl Business Machines Corp | IBM | 1.48% |
| Analog Devices Inc | ADI | 1.23% |
| Qualcomm Inc | QCOM | 1.14% |
| Dell Technologies C | DELL | 0.88% |
| Corning Inc | GLW | 0.78% |
| Accenture Plc Cl A | ACN | 0.77% |
| Hewlett Packard Enterprise | HPE | 0.48% |
FAQ
How much do VUG and XLK overlap?
VUG and XLK have 51.2% overlap by weight, sharing 41 equity positions (out of 152 in VUG and 73 in XLK). The official holdings files used are dated 2026-03-31 for VUG and 2026-08-25 for XLK.
What does 51.2% overlap mean?
VUG and XLK 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 VUG and XLK both hold?
The largest shared positions are NVIDIA Corp, Apple Inc, Microsoft Corp, Broadcom Inc, Advanced Micro Devices Inc. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between VUG and XLK?
VUG has 111 positions not found in XLK, while XLK has 32 positions not found in VUG. The largest fund-only positions and their weights are shown on this page.