VIG vs IWD overlap
VIG and IWD overlap 46.8% by weight, across 222 shared holdings.
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Top shared holdings
| Holding | VIG | IWD | Overlap |
|---|---|---|---|
| Apple Inc.AAPL | 4.45% | 5.37% | 4.45% |
| Microsoft Corp.MSFT | 4.34% | 3.88% | 3.88% |
| JPMorgan ChaseJPM | 4.07% | 2.45% | 2.45% |
| Johnson&JohnsonJNJ | 2.67% | 1.71% | 1.71% |
| Exxon Mobil Corp.XOM | 2.78% | 1.59% | 1.59% |
| Cisco SystemsCSCO | 1.98% | 1.30% | 1.30% |
| Walmart Inc.WMT | 2.11% | 1.27% | 1.27% |
| Abbvie Inc.ABBV | 1.92% | 1.15% | 1.15% |
| Unitedhealth GRPUNH | 1.63% | 1.05% | 1.05% |
| Bank of AmericaBAC | 1.75% | 0.98% | 0.98% |
| Procter & GamblePG | 1.45% | 0.96% | 0.96% |
| Merck & CoMRK | 1.39% | 0.89% | 0.89% |
| Goldman Sachs GPGS | 1.24% | 0.82% | 0.82% |
| Coca-Cola Co/theKO | 1.47% | 0.78% | 0.78% |
| IBMIBM | 0.91% | 0.74% | 0.74% |
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: VIG, SEC Form N-PORT, July 31, 2026; IWD, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | VIG | IWD |
|---|---|---|
| Bank of America Corp. | $5.1B | $10.8B |
| Morgan Stanley | $3.1B | $9.9B |
| Wells Fargo & Company | $2.4B | $1.4B |
| UBS Group AG | $1.5B | $1.5B |
| Goldman Sachs Group Inc. | $166.5M | $2.8B |
| JPMorgan Chase & Co | $753.8M | $2.1B |
| Raymond James Financial Inc. | $1.5B | $1.3B |
| LPL Financial LLC | $1.7B | $980.1M |
| Ameriprise Financial Inc. | $544.4M | $2.1B |
| FMR LLC | $124.7M | $2.2B |
| Wealthfront Advisers LLC | $2.2B | $308K |
| Envestnet Asset Management Inc. | $609.8M | $1.6B |
| Financial Engines Advisors L.L.C. | $4.8M | $1.9B |
| Baird Financial Group, Inc. | $150.6M | $1.5B |
| Royal Bank of Canada | $989.0M | $530.3M |
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: VIG institutional holders, IWD institutional holders.
Frequently asked questions
How much do VIG and IWD overlap?
46.8% by weight, with 222 holdings in common, using holdings for VIG as of July 31, 2026 and IWD as of June 30, 2026. The largest shared position is AAPL.
Do institutions hold both VIG and IWD?
1,357 Form 13F filers report positions in both, out of 3,212 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%.