IVV vs MGV: fund overlap

ETF comparisons  /  IVV vs MGV

US equity comparison · IVV 2026-09-11 · MGV 2026-05-31

IVV vs MGV

iShares Core S&P 500 ETF compared with Vanguard Morningstar Mega Cap Value ETF

Most company exposure is different between these funds.IVV has 388 companies outside the overlap; MGV has 6.

Do IVV and MGV overlap?

IVV and MGV overlap by 32.4% by weight, across 115 shared companies.

IVVUS equity

iShares Core S&P 500 ETF

508holdings
0.03%annual fee
USmarket
Valuation491 companies covered
26.8×P / E97% by weight
5.40×P / B85% by weight
3.7%Earnings yield
IVV holdings and fund profile
MGVequity

Vanguard Morningstar Mega Cap Value ETF

129holdings
0.05%annual fee
USmarket
Valuation119 companies covered
22.4×P / E97% by weight
3.77×P / B88% by weight
4.5%Earnings yield
MGV holdings and fund profile

Price development

Both lines rebased to 0% over their shared dates

Largest shared positions

115 companies held in both funds

IVV weight MGV weight
Shared companyIVV MGV
Micron Technology Inc MU
1.66%
5.26%
JPMorgan Chase & Co JPM
1.44%
3.64%
BERKSHIRE HATHAWAY INC. BRK/B 2 share classes
1.42%
4.21%
↳ BERKSHIRE HATHAWAY INC. BRK/B1.42%3.15%
↳ Berkshire Hathaway Inc BRH0.00%1.06%
JOHNSON & JOHNSON JNJ
0.97%
2.61%
Intel Corp INTC
0.77%
2.21%
WALMART INC. WMT
0.71%
2.44%
AbbVie Inc ABBV
0.69%
1.85%
CISCO SYSTEMS, INC. CSCO
0.67%
2.06%
Bank of America Corp BAC
0.62%
1.60%
Costco Wholesale Corp COST
0.61%
2.04%
Chevron Corp CVX
0.61%
1.67%
Caterpillar Inc CAT
0.57%
1.96%
Applied Materials Inc AMAT
0.55%
1.72%
Merck & Co Inc MRK
0.54%
1.41%
UnitedHealth Group Inc UNH
0.52%
1.66%
THE COCA-COLA COMPANY KO
0.52%
1.31%
THE PROCTER & GAMBLE COMPANY PG
0.51%
1.61%
Home Depot Inc/The HD
0.47%
1.52%
THE GOLDMAN SACHS GROUP, INC. GS
0.46%
1.39%
Philip Morris International Inc PM
0.45%
1.33%
Wells Fargo & Co WFC
0.42%
1.15%
RTX Corp RTX
0.40%
1.16%
MORGAN STANLEY MS
0.39%
1.19%
Texas Instruments Inc TXN
0.37%
1.34%
CITIGROUP INC. C
0.36%
1.01%

IVV and MGV questions

Based on the holdings compared above

How much do IVV and MGV overlap?

IVV and MGV overlap by 32.4% by weight, across 115 shared companies.

Which companies do IVV and MGV both hold?

The largest companies held in both funds are Micron Technology Inc, JPMorgan Chase & Co, BERKSHIRE HATHAWAY INC., JOHNSON & JOHNSON, Intel Corp.

Can I hold both IVV and MGV?

Holding both means 32.4% of that part of your portfolio is the same companies counted twice. That can suit you or not depending on your goals; this tool reports the overlap rather than giving advice.

Is IVV or MGV cheaper?

IVV has a 0.03% expense ratio and MGV has 0.05%.

How do IVV and MGV compare on valuation?

IVV has a weighted P/E of 26.8 and MGV has a weighted P/E of 22.4.

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