XLK vs VGT Overlap Analysis

Comparing Technology Select Sector SPDR Fund and Vanguard Information Technology ETF

Holdings Overlap
99.83%
Very High Overlap
Shared Holdings
10 of 10
Complete portfolio analysis
Calculation Method
Min Weight
Weighted intersection

Visual Overlap

XLK
VGT
99.8%
XLK Only
Overlap
VGT Only

⚔️Head-to-Head Comparison

1 - 3

🏆 VGT wins this comparison

Key Factors

💰 Expense Ratio
XLK:0.10%
vs
VGT:0.10%
🎯 Number of Holdings
XLK:65 holdings
vs
VGT:329 holdings
📈 5-Year Return
XLK:+25.5%
vs
VGT:+24.8%
Additional Metrics (5)
⚖️ Concentration Risk
XLK: 0.8% in top 10
VGT: 0.8% in top 10
📊 Assets Under Management
XLK: $55B ✓
VGT: $70B ✓
Sharpe Ratio
XLK: 1.05
VGT: 1.02
📉 Volatility
XLK: 24.2%
VGT: 23.8%
🔍 Uniqueness vs SPY
XLK: 73.2% unique
VGT: 73.2% unique

Bottom line: VGT wins with better number of holdings. Both have the same expense ratio, so cost isn't a differentiator. Consider VGT for your portfolio, but XLK is still a solid choice if you prefer its specific advantages.

Shared Holdings (10 of 10 analyzed)

XLK & VGT Intersection

SymbolNameXLKVGTMin
AAPLApple Inc0.21%0.21%0.21%
MSFTMicrosoft Corp0.20%0.20%0.20%
NVDANVIDIA Corp0.16%0.15%0.15%
AVGOBroadcom Inc0.05%0.05%0.05%
CRMSalesforce Inc0.03%0.03%0.03%
AMDAdvanced Micro Devices0.03%0.03%0.03%
ORCLOracle Corp0.03%0.03%0.03%
ADBEAdobe Inc0.03%0.03%0.03%
CSCOCisco Systems0.02%0.02%0.02%
ACNAccenture PLC0.02%0.02%0.02%

Min Weight: The minimum weight between the two ETFs for each shared holding. This represents the true overlap contribution.

Data sourced from official fund providers. Showing top holdings for educational analysis.

Price Correlation

How We Calculate Overlap

We use the minimum weight method with normalization to calculate portfolio overlap:

Overlap = Σ min(weightA, weightB) for each shared holding

Normalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).

Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.

📊 This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.

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