VV vs IWB overlap
VV and IWB overlap 90.5% by weight, across 426 shared holdings.
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Top shared holdings
| Holding | VV | IWB | Overlap |
|---|---|---|---|
| Nvidia Corp.NVDA | 7.28% | 6.72% | 6.72% |
| Apple Inc.AAPL | 6.72% | 6.03% | 6.03% |
| Microsoft Corp.MSFT | 4.38% | 3.99% | 3.99% |
| Amazon.COM Inc.AMZN | 3.65% | 3.33% | 3.33% |
| Alphabet Inc.-aGOOGL | 3.31% | 3.00% | 3.00% |
| Broadcom Inc.AVGO | 2.83% | 2.53% | 2.53% |
| Alphabet Inc.-CGOOG | 2.61% | 2.42% | 2.42% |
| Micron TechMU | 2.06% | 1.87% | 1.87% |
| META Platforms-aMETA | 1.96% | 1.78% | 1.78% |
| Tesla Inc.TSLA | 1.87% | 1.77% | 1.77% |
| ELI Lilly & CoLLY | 1.61% | 1.38% | 1.38% |
| ADV Micro DeviceAMD | 1.50% | 1.36% | 1.36% |
| Berkshire HATH-BBRK/B | 1.40% | 1.34% | 1.34% |
| JPMorgan ChaseJPM | 1.29% | 1.26% | 1.26% |
| Intel Corp.INTC | 0.89% | 0.88% | 0.88% |
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: VV, SEC Form N-PORT, June 30, 2026; IWB, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | VV | IWB |
|---|---|---|
| Jones Financial Companies LLLP | $6.5B | $3.5B |
| FMR LLC | $521.4M | $4.1B |
| Creative Planning | $4.1B | $266.7M |
| Bank of America Corp. | $849.3M | $1.9B |
| National Mutual Insurance Federation of Agricultural Cooperatives | $2.3B | $323.9M |
| Envestnet Asset Management Inc. | $518.3M | $1.6B |
| UBS Group AG | $1.4B | $466.2M |
| Morgan Stanley | $939.9M | $835.7M |
| PNC Financial Services Group, Inc. | $776.9M | $947.3M |
| Northwestern Mutual Wealth Management Co | $973.8M | $547.7M |
| LPL Financial LLC | $267.3M | $1.0B |
| M&T Bank Corp | $3.0M | $1.2B |
| Wells Fargo & Company | $499.3M | $646.1M |
| BlackRock, Inc. | $150.8M | $937.7M |
| Northern Trust Corp. | $43.8M | $1.0B |
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: VV institutional holders, IWB institutional holders.
Frequently asked questions
How much do VV and IWB overlap?
90.5% by weight, with 426 holdings in common, using holdings for VV as of June 30, 2026 and IWB as of June 30, 2026. The largest shared position is NVDA.
Do institutions hold both VV and IWB?
773 Form 13F filers report positions in both, out of 2,145 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%.