ETF overlap · Updated August 15, 2026

SPY vs VUG: Holdings Overlap

State Street® SPDR® S&P 500® ETF Trust (SPY) and Vanguard Morningstar Growth ETF (VUG) share 121 holdings, with roughly 57.8% of their portfolio weight overlapping.

Weight overlap

57.8%

Shared portfolio weight

Shared holdings

121

Securities in both funds

Funds

SPY · VUG

Compared side by side

Compare SPY and VUG live →

Interactive charts, sector exposure, combined allocation, and the full overlap heatmap.

All 121 holdings SPY and VUG share

Every holding both funds own, ranked by shared exposure (how much of the position they hold in common). The weight gap shows which fund tilts more heavily into it.

HoldingIn SPYIn VUGWeight gap
NVDANVIDIA8.00%12.60%4.60%VUG
AAPLApple6.92%11.64%4.72%VUG
MSFTMicrosoft5.60%7.60%2.00%VUG
AMZNAMAZON.COM4.02%4.46%0.44%VUG
GOOGLAlphabet3.16%5.74%2.58%VUG
AVGOBROADCOM3.00%4.27%1.27%VUG
GOOGALPHABET CL C2.54%4.52%1.98%VUG
METAMETA PLATFORMS CLASS A1.95%3.40%1.45%VUG
LLYELI LILLY +1.42%2.80%1.38%VUG
TSLATESLA1.36%3.26%1.90%VUG
AMDADVANCED MICRO DEVICES1.20%2.61%1.41%VUG
VVisa0.93%1.54%0.61%VUG
INTCINTEL0.71%0.79%0.08%VUG
MAMASTERCARD A0.70%1.13%0.43%VUG
AMATAPPLIED MATERIALS0.63%1.59%0.96%VUG
COSTCOSTCO WHOLESALE0.63%1.15%0.52%VUG
LRCXLAM RESEARCH0.58%1.50%0.92%VUG
GEGENERAL ELECTRIC0.59%0.55%0.04%SPY
PLTRPALANTIR TECHNOLOGIES A0.54%0.71%0.17%VUG
NFLXNETFLIX0.47%0.84%0.37%VUG
PANWPALO ALTO NETWORKS0.44%0.78%0.34%VUG
GEVGE VERNOVA0.41%0.88%0.47%VUG
KLACKLA0.38%1.10%0.72%VUG
TXNTEXAS INSTRUMENTS0.38%0.39%0.01%VUG
ORCLORACLE0.37%0.71%0.34%VUG
APHAMPHENOL CL A0.32%0.61%0.29%VUG
CRWDCROWDSTRIKE HOLDINGS A0.32%0.52%0.20%VUG
ANETARISTA NETWORKS0.30%0.52%0.22%VUG
MCDMcDonald's0.30%0.54%0.24%VUG
STXSEAGATE TECHNOLOGY HOLDINGS0.29%0.61%0.32%VUG
BABOEING0.28%0.48%0.20%VUG
MRVLMARVELL TECHNOLOGY0.28%0.75%0.47%VUG
SNDKSANDISK0.28%0.94%0.66%VUG
TJXTJX Cos0.27%0.47%0.20%VUG
WELLWELLTOWER0.25%0.46%0.21%VUG
BKNGBOOKING HOLDINGS0.24%0.40%0.16%VUG
WDCWESTERN DIGITAL0.23%0.62%0.39%VUG
UBERUBER TECHNOLOGIES0.22%0.22%≈ even
ISRGINTUITIVE SURGICAL0.20%0.40%0.20%VUG
GLWCORNING0.19%0.30%0.11%VUG
VRTXVERTEX PHARMACEUTICALS0.19%0.36%0.17%VUG
NOWSERVICENOW0.18%0.30%0.12%VUG
SBUXSTARBUCKS0.18%0.34%0.16%VUG
HWMHOWMET AEROSPACE0.17%0.31%0.14%VUG
SYKSTRYKER0.18%0.17%0.01%SPY
EQIXEQUINIX0.16%0.30%0.14%VUG
VRTVERTIV HOLDINGS A0.16%0.37%0.21%VUG
FTNTFORTINET0.15%0.28%0.13%VUG
PWRQUANTA SERVICES0.15%0.31%0.16%VUG
APPAPPLOVIN CLASS A0.14%0.41%0.27%VUG
BXBLACKSTONE0.15%0.14%0.01%SPY
CDNSCADENCE DESIGN SYS0.14%0.30%0.16%VUG
ADBEADOBE0.16%0.13%0.03%SPY
SHWSHERWIN WILLIAMS0.13%0.13%≈ even
DASHDOORDASH A0.12%0.21%0.09%VUG
MARMARRIOTT INTERNATIONAL CL A0.12%0.23%0.11%VUG
MSIMOTOROLA SOLUTIONS0.12%0.21%0.09%VUG
ORLYO REILLY AUTOMOTIVE0.12%0.23%0.11%VUG
RCLROYAL CARIBBEAN CRUISES LTD0.12%0.12%≈ even
SNPSSYNOPSYS0.12%0.25%0.13%VUG
DDOGDATADOG CLASS A0.11%0.26%0.15%VUG
ECLECOLAB0.11%0.21%0.10%VUG
HLTHILTON WORLDWIDE HOLDINGS IN0.11%0.22%0.11%VUG
HOODROBINHOOD MARKETS A0.11%0.23%0.12%VUG
INTUINTUIT0.13%0.11%0.02%SPY
MCOMOODY S0.11%0.20%0.09%VUG
TDGTRANSDIGM GROUP0.11%0.22%0.11%VUG
ABNBAIRBNB CLASS A0.10%0.17%0.07%VUG
BSXBOSTON SCIENTIFIC0.11%0.10%0.01%SPY
COHRCOHERENT0.10%0.23%0.13%VUG
CTASCINTAS0.10%0.18%0.08%VUG
LITELUMENTUM HOLDINGS0.10%0.20%0.10%VUG
MNSTMONSTER BEVERAGE0.10%0.20%0.10%VUG
MPWRMONOLITHIC POWER SYSTEMS0.10%0.19%0.09%VUG
CIENCIENA0.09%0.21%0.12%VUG
FASTFASTENAL0.09%0.17%0.08%VUG
FIXCOMFORT SYSTEMS USA0.09%0.21%0.12%VUG
OREALTY INCOME0.09%0.10%0.01%VUG
TERTERADYNE0.09%0.23%0.14%VUG
TRGPTARGA RESOURCES0.09%0.18%0.09%VUG
ADSKAUTODESK0.08%0.13%0.05%VUG
APOAPOLLO GLOBAL MANAGEMENT0.09%0.08%0.01%SPY
AZOAUTOZONE0.08%0.16%0.08%VUG
GWWWW GRAINGER0.08%0.19%0.11%VUG
CMGCHIPOTLE MEXICAN GRILL0.07%0.14%0.07%VUG
CVNACARVANA0.07%0.14%0.07%VUG
FLEXFLEX LTD0.07%0.10%0.03%VUG
IDXXIDEXX LABORATORIES0.07%0.13%0.06%VUG
AXONAXON ENTERPRISE0.06%0.14%0.08%VUG
IBKRINTERACTIVE BROKERS GRO CL A0.06%0.07%0.01%VUG
MSCI0.06%0.12%0.06%VUG
ODFLOLD DOMINION FREIGHT LINE0.06%0.13%0.07%VUG
TTWOTAKE TWO INTERACTIVE SOFTWRE0.06%0.14%0.08%VUG
VMCVULCAN MATERIALS0.06%0.12%0.06%VUG
WATWATERS0.06%0.07%0.01%VUG
YUMYUM BRANDS0.06%0.14%0.08%VUG
XYZBLOCK0.06%0.13%0.07%VUG
COINCOINBASE GLOBAL CLASS A0.05%0.10%0.05%VUG
DXCMDEXCOM0.05%0.09%0.04%VUG
EXPEEXPEDIA GROUP0.05%0.06%0.01%VUG
MLMMARTIN MARIETTA MATERIALS0.05%0.06%0.01%VUG
RMDRESMED0.05%0.10%0.05%VUG
VEEVVEEVA SYSTEMS CLASS A0.05%0.09%0.04%VUG
WDAYWORKDAY CLASS A0.05%0.08%0.03%VUG
ARESARES MANAGEMENT A0.04%0.08%0.04%VUG
EQT0.05%0.04%0.01%SPY
FICOFAIR ISAAC0.04%0.09%0.05%VUG
FSLRFIRST SOLAR0.04%0.05%0.01%VUG
LYVLIVE NATION ENTERTAINMENT IN0.04%0.10%0.06%VUG
MTDMETTLER TOLEDO INTERNATIONAL0.04%0.09%0.05%VUG
VRSKVERISK ANALYTICS0.04%0.08%0.04%VUG
VRSNVERISIGN0.04%0.07%0.03%VUG
WSTWEST PHARMACEUTICAL SERVICES0.04%0.09%0.05%VUG
SBACSBA COMMUNICATIONS0.03%0.07%0.04%VUG
TPLTEXAS PACIFIC LAND0.03%0.06%0.03%VUG
CSGPCOSTAR GROUP0.02%0.03%0.01%VUG
LULULULULEMON ATHLETICA0.02%0.03%0.01%VUG
LVSLAS VEGAS SANDS0.02%0.05%0.03%VUG
ROLROLLINS0.02%0.05%0.03%VUG
SMCISUPER MICRO COMPUTER0.02%0.06%0.04%VUG
TKOTKO GROUP HOLDINGS0.02%0.03%0.01%VUG

1–20 of 121

Sector exposure: SPY vs VUG

How each fund's equity holdings break down by sector, side by side — the clearest read on where the two funds tilt differently.

SectorIn SPYIn VUG
Technology
38.4%56.2%
Communication Services
9.7%15.4%
Consumer Cyclical
9.4%11.5%
Financial Services
12.1%3.8%
Healthcare
9.0%4.7%
Industrials
8.2%5.3%
Consumer Defensive
4.5%1.4%
Energy
3.2%0.3%
Real Estate
1.8%1.0%
Basic Materials
1.6%0.5%
Utilities
2.1%0.0%

Weights are of each fund’s classified equity holdings.

All holdings in SPY and VUG

SPY

VUG


What does ETF overlap mean?

Two ETFs overlap when they hold the same underlying securities. Holding both funds can leave you more concentrated than you think — you may own the same large companies twice, at a combined weight neither fund shows on its own. The weight overlap above is the share of portfolio weight the two funds hold in common: for every security both own, it counts only the smaller of the two weights (the slice you genuinely double up on). 0% means completely different books; 100% means effectively identical funds.

Related comparisons

Data reflects the latest holdings we have for each fund as of August 15, 2026. Holdings change over time. For information only — not investment advice.