VTV vs SPY overlap
VTV and SPY overlap 43.5% by weight, across 296 shared holdings. SPY is shown using IVV, which tracks the same index.
Pick 2 to 4 ETFs.
SPY files no portfolio holdings with the SEC; shown using IVV, which tracks the same index, as of June 30, 2026.
Top shared holdings
| Holding | VTV | SPY | Overlap |
|---|---|---|---|
| Micron TechMU | 4.87% | 2.02% | 2.02% |
| Berkshire HATH-BBRK/B | 2.95% | 1.42% | 1.42% |
| JPMorgan ChaseJPM | 3.06% | 1.36% | 1.36% |
| Intel Corp.INTC | 1.05% | 1.02% | 1.02% |
| Johnson&JohnsonJNJ | 2.29% | 0.95% | 0.95% |
| Exxon Mobil Corp.XOM | 2.12% | 0.88% | 0.88% |
| Walmart Inc.WMT | 1.86% | 0.77% | 0.77% |
| Caterpillar Inc.CAT | 1.83% | 0.76% | 0.76% |
| Cisco SystemsCSCO | 1.56% | 0.72% | 0.72% |
| Abbvie Inc.ABBV | 1.66% | 0.69% | 0.69% |
| General ElectricGE | 0.73% | 0.60% | 0.60% |
| Unitedhealth GRPUNH | 1.41% | 0.58% | 0.58% |
| Bank of AmericaBAC | 1.36% | 0.58% | 0.58% |
| Home Depot Inc.HD | 1.32% | 0.54% | 0.54% |
| Procter & GamblePG | 1.28% | 0.53% | 0.53% |
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: VTV, SEC Form N-PORT, June 30, 2026; SPY, IVV's SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | VTV | SPY |
|---|---|---|
| Bank of America Corp. | $29.3B | $23.0B |
| JPMorgan Chase & Co | $910.3M | $35.3B |
| Jane Street Group, LLC | $51.4M | $33.1B |
| Morgan Stanley | $7.7B | $24.1B |
| Goldman Sachs Group Inc. | $682.8M | $23.5B |
| UBS Group AG | $3.0B | $9.2B |
| Susquehanna International Group, LLP | $3.1M | $10.9B |
| Wells Fargo & Company | $1.9B | $9.0B |
| Jones Financial Companies LLLP | $9.7B | $761.2M |
| Northern Trust Corp. | $53.6M | $10.3B |
| LPL Financial LLC | $2.5B | $7.4B |
| Gotham Asset Management, LLC | $190.8M | $8.5B |
| Royal Bank of Canada | $1.3B | $6.8B |
| Envestnet Asset Management Inc. | $5.0B | $1.9B |
| Northwestern Mutual Wealth Management Co | $1.0B | $4.7B |
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: VTV institutional holders, SPY institutional holders.
Frequently asked questions
How much do VTV and SPY overlap?
43.5% by weight, with 296 holdings in common, using holdings for VTV as of June 30, 2026 and SPY as of June 30, 2026. The largest shared position is MU.
Do institutions hold both VTV and SPY?
2,455 Form 13F filers report positions in both, out of 4,996 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%.