VTI vs IWF overlap
VTI and IWF overlap 54.5% by weight, across 350 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | VTI | IWF | Overlap |
|---|---|---|---|
| Nvidia Corp.NVDA | 6.36% | 13.83% | 6.36% |
| Apple Inc.AAPL | 5.87% | 6.72% | 5.87% |
| Microsoft Corp.MSFT | 3.83% | 4.11% | 3.83% |
| Alphabet Inc.-aGOOGL | 2.90% | 6.17% | 2.90% |
| Broadcom Inc.AVGO | 2.47% | 5.21% | 2.47% |
| Alphabet Inc.-CGOOG | 2.28% | 4.98% | 2.28% |
| Micron TechMU | 1.80% | 3.86% | 1.80% |
| META Platforms-aMETA | 1.71% | 3.00% | 1.71% |
| Tesla Inc.TSLA | 1.64% | 3.64% | 1.64% |
| ELI Lilly & CoLLY | 1.40% | 2.84% | 1.40% |
| ADV Micro DeviceAMD | 1.31% | 2.80% | 1.31% |
| Applied MaterialAMAT | 0.79% | 1.70% | 0.79% |
| VISA Inc.-Class aV | 0.77% | 1.68% | 0.77% |
| LAM ResearchLRCX | 0.75% | 1.60% | 0.75% |
| Caterpillar Inc.CAT | 0.68% | 1.43% | 0.68% |
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: VTI, SEC Form N-PORT, June 30, 2026; IWF, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | VTI | IWF |
|---|---|---|
| Morgan Stanley | $5.5B | $14.8B |
| Bank of America Corp. | $5.4B | $13.5B |
| Vanguard Advisers Inc. | $10.9B | $1.8M |
| Betterment LLC | $8.9B | $3.1M |
| Northern Trust Corp. | $3.6B | $2.5B |
| LPL Financial LLC | $3.8B | $1.9B |
| Envestnet Asset Management Inc. | $2.3B | $2.6B |
| JPMorgan Chase & Co | $1.7B | $3.2B |
| FMR LLC | $592.8M | $4.1B |
| Goldman Sachs Group Inc. | $1.1B | $3.4B |
| Wells Fargo & Company | $2.1B | $2.2B |
| UBS Group AG | $1.6B | $2.3B |
| HB Wealth Management, LLC | $3.1B | $53.8M |
| Raymond James Financial Inc. | $1.2B | $1.7B |
| Allworth Financial LP | $2.5B | $39.3M |
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: VTI institutional holders, IWF institutional holders.
Frequently asked questions
How much do VTI and IWF overlap?
54.5% by weight, with 350 holdings in common, using holdings for VTI as of June 30, 2026 and IWF as of June 30, 2026. The largest shared position is NVDA.
Do institutions hold both VTI and IWF?
2,029 Form 13F filers report positions in both, out of 4,163 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%.