ETF & mutual fund overlap · Page updated November 8, 2026

VEU vs VUG: Holdings Overlap

Vanguard FTSE All-World ex-US ETF (VEU) and Vanguard Morningstar Growth ETF (VUG) share 1 holdings, with roughly 0.1% of their portfolio weight overlapping.

Both funds' holdings are as of September 30, 2026.

Fund pages: VEU (Vanguard FTSE All-World ex-US ETF) · VUG (Vanguard Morningstar Growth ETF)

Weight overlap

0.1%

Shared portfolio weight

Shared holdings

1

Securities in both funds

Funds

VEU · VUG

Compared side by side

Compare VEU and VUG live →

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

All 1 holdings VEU 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 VEUIn VUGWeight gap
WCNWaste Connections0.09%0.13%0.03%VUG

Sector exposure: VEU 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 VEUIn VUG
Technology
21.1%59.6%
Financial Services
24.4%3.9%
Industrials
14.6%4.5%
Communication Services
4.1%15.0%
Consumer Cyclical
7.8%10.0%
Healthcare
6.7%4.3%
Basic Materials
7.0%0.4%
Consumer Defensive
4.8%1.3%
Energy
4.8%0.3%
Utilities
3.0%0.0%
Real Estate
1.7%0.9%

Weights are of each fund’s classified equity holdings.

All holdings in VEU and VUG

VEU

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

Computed on November 8, 2026 from the latest holdings each fund has published (dated at the top of the page). Holdings change over time. For information only — not investment advice.