ETF and Mutual Fund Analysis

Holdings as of August 12, 2026 (SPY) and March 31, 2026 (VUG)

ETF and Mutual Fund Analysis

Overlap, Comparison, and Diversification for Your Portfolio

Home > Compare > SPY vs VUG Holdings as of August 12, 2026 (SPY) and March 31, 2026 (VUG)

SPY vs VUG: Portfolio Overlap

SPDR® S&P 500® ETF Trust vs Vanguard Growth Index Fund

56.8%
Weighted portfolio overlap
High Overlap

The two funds are running highly redundant strategies — the same market exposure is paid for through two expense ratios.

SPY
505 equity holdings
as of August 12, 2026
VUG
153 equity holdings
as of March 31, 2026
127 stocks held in common
Overlap View Venn Diagram
56.8% OVERLAP SPY VUG
Overlapping Holdings
10 Top 10 of 127 shared, by overlap contribution
# Stock SPY VUG Overlap%
1
NVDA
 8.14% 13.33% 8.14%
2
AAPL
 6.66% 12.33% 6.66%
3
MSFT
 5.49% 9.10% 5.49%
4
AMZN
 3.92% 4.60% 3.92%
5
GOOGL
 3.02% 5.54% 3.02%
6
AVGO
 2.95% 4.41% 2.95%
7
GOOG
 2.43% 4.39% 2.43%
8
META
 1.91% 4.15% 1.91%
9
LLY
 1.45% 2.60% 1.45%
10
TSLA
 1.38% 3.48% 1.38%
Most Divergent Holdings Stocks held by one fund but absent from the other
Only in SPY — SPDR® S&P 500® ETF Trust
StockWeight
MU1.54%
JPM1.47%
BRK.B1.40%
XOM0.99%
JNJ0.94%
Only in VUG — VANGUARD GROWTH INDEX FUND
StockWeight
NET0.22%
SNOW0.18%
ALNY0.16%
WCN0.15%
RBLX0.13%

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Frequently Asked Questions (FAQs)
What is the portfolio overlap between SPY and VUG?

SPY (SPDR® S&P 500® ETF Trust) and VUG (Vanguard Growth Index Fund) share 56.8% portfolio overlap as of SPY's August 12, 2026 filing and VUG's March 31, 2026 filing, across 127 common stocks. Overlap is the sum of the smaller weight of each shared stock, so it reads as the share of a dollar that lands on the same companies in both funds.

Do SPY and VUG invest in the same stocks?

Largely yes. A substantial portion of both portfolios consists of the same stocks, leaving limited room for differentiation.

What are the top stocks held by both SPY and VUG?

The most prominent shared holdings (by combined weight) are: NVDA, AAPL, MSFT. See the full common-holdings table on this page for weights in each fund.

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