VOT vs IWS overlap
VOT and IWS overlap 16.2% by weight, across 66 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | VOT | IWS | Overlap |
|---|---|---|---|
| Flex Ltd.FLEX | 0.65% | 0.58% | 0.58% |
| Realty IncomeO | 1.27% | 0.57% | 0.57% |
| Ametek Inc.AME | 1.22% | 0.54% | 0.54% |
| Coherent Corp.COHR | 1.70% | 0.54% | 0.54% |
| Edwards LifeEW | 1.15% | 0.51% | 0.51% |
| Electronic ARTSEA | 0.57% | 0.43% | 0.43% |
| Ventas Inc.VTR | 0.95% | 0.42% | 0.42% |
| Block Inc.XYZ | 0.89% | 0.39% | 0.39% |
| Garmin Ltd.GRMN | 0.86% | 0.38% | 0.38% |
| Vulcan MaterialsVMC | 0.84% | 0.37% | 0.37% |
| Agilent Tech Inc.A | 0.82% | 0.37% | 0.37% |
| MSCI Inc.MSCI | 0.86% | 0.37% | 0.37% |
| Iron MountainIRM | 0.79% | 0.37% | 0.37% |
| Waters Corp.WAT | 0.81% | 0.36% | 0.36% |
| Carnival Corp. LTCCL | 0.78% | 0.36% | 0.36% |
Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: VOT, SEC Form N-PORT, June 30, 2026; IWS, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | VOT | IWS |
|---|---|---|
| Morgan Stanley | $939.5M | $1.3B |
| Jones Financial Companies LLLP | $328.7M | $1.2B |
| Bank of America Corp. | $649.6M | $575.1M |
| Wells Fargo & Company | $504.4M | $597.3M |
| Royal Bank of Canada | $366.2M | $358.1M |
| Assetmark, Inc. | $658.7M | $8.8M |
| UBS Group AG | $355.4M | $277.5M |
| TIAA-CREF Individual & Institutional Services, LLC | $152.3M | $450.0M |
| EP Wealth Advisors, LLC | $536.9M | $6.3M |
| PNC Financial Services Group, Inc. | $338.2M | $201.6M |
| LPL Financial LLC | $280.3M | $200.9M |
| Vantagepoint Investment Advisers LLC | $319.4M | $125.3M |
| Envestnet Portfolio Solutions, Inc. | $937K | $415.2M |
| First Citizens Bank & Trust Co | $256K | $396.5M |
| Commonwealth Equity Services, LLC | $84.3M | $307.5M |
This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.
Who owns them: VOT institutional holders, IWS institutional holders.
Frequently asked questions
How much do VOT and IWS overlap?
16.2% by weight, with 66 holdings in common, using holdings for VOT as of June 30, 2026 and IWS as of June 30, 2026. The largest shared position is FLEX.
Do institutions hold both VOT and IWS?
594 Form 13F filers report positions in both, out of 1,547 that report either one.
How is overlap by weight worked out?
For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.