VXUS vs VWO overlap
VXUS and VWO overlap 25.9% by weight, across 4,830 shared holdings.
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Top shared holdings
| Holding | VXUS | VWO | Overlap |
|---|---|---|---|
| TSMC2330 | 4.10% | 15.56% | 4.10% |
| Tencent700 | 0.87% | 3.31% | 0.87% |
| BABA-W9988 | 0.63% | 2.41% | 0.63% |
| Mediatek2454 | 0.36% | 1.36% | 0.36% |
| CCB-H939 | 0.24% | 0.90% | 0.24% |
| Delta ELEC2308 | 0.22% | 0.82% | 0.22% |
| HON HAI2317 | 0.21% | 0.81% | 0.21% |
| Reliance IndustrRELIANC | 0.21% | 0.80% | 0.21% |
| HDFC Bank Ltd.HDFCB | 0.20% | 0.78% | 0.20% |
| Icici Bank Ltd.ICICIBC | 0.18% | 0.69% | 0.18% |
| ICBC-H1398 | 0.17% | 0.66% | 0.17% |
| PDD Holdings Inc.PDD | 0.16% | 0.59% | 0.16% |
| Meituan-W3690 | 0.15% | 0.56% | 0.15% |
| Xiaomi Corp.-W1810 | 0.14% | 0.55% | 0.14% |
| Bharti AirtelBHARTI | 0.14% | 0.55% | 0.14% |
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: VXUS, SEC Form N-PORT, July 31, 2026; VWO, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | VXUS | VWO |
|---|---|---|
| Bank of America Corp. | $2.1B | $9.2B |
| Vanguard Advisers Inc. | $7.7B | $51.8M |
| Northwestern Mutual Wealth Management Co | $99.2M | $4.6B |
| Morgan Stanley | $1.3B | $3.3B |
| Envestnet Asset Management Inc. | $1.0B | $2.4B |
| Betterment LLC | $40.1M | $3.2B |
| Northern Trust Corp. | $52.8M | $2.9B |
| Wells Fargo & Company | $411.8M | $2.4B |
| Wealthfront Advisers LLC | $62.0M | $2.8B |
| Empower Advisory Group, LLC | $2.1M | $2.1B |
| Financial Engines Advisors L.L.C. | $2.2M | $2.1B |
| UBS Group AG | $562.8M | $1.3B |
| Rakuten Investment Management, Inc. | $1.5B | $54.0M |
| LPL Financial LLC | $497.2M | $1.0B |
| Royal Bank of Canada | $412.5M | $938.7M |
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: VXUS institutional holders, VWO institutional holders.
Frequently asked questions
How much do VXUS and VWO overlap?
25.9% by weight, with 4,830 holdings in common, using holdings for VXUS as of July 31, 2026 and VWO as of July 31, 2026. The largest shared position is 2330.
Do institutions hold both VXUS and VWO?
1,315 Form 13F filers report positions in both, out of 3,131 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%.