SPY vs VONE: fund overlap

ETF comparisons  /  SPY vs VONE

US equity comparison · SPY 2026-09-11 · VONE 2026-05-31

SPY vs VONE

State Street SPDR S&P 500 ETF Trust compared with Vanguard Russell 1000 ETF

These funds provide similar company exposure.SPY has 11 companies outside the overlap; VONE has 503.

Do SPY and VONE overlap?

SPY and VONE overlap by 89.5% by weight, across 490 shared companies.

SPYUS equity

State Street SPDR S&P 500 ETF Trust

504holdings
0.09%annual fee
USmarket
Valuation492 companies covered
27.5×P / E97% by weight
5.44×P / B85% by weight
3.6%Earnings yield
SPY holdings and fund profile
VONEequity

Vanguard Russell 1000 ETF

1,019holdings
0.06%annual fee
USmarket
Valuation957 companies covered
27.0×P / E96% by weight
5.18×P / B84% by weight
3.7%Earnings yield
VONE holdings and fund profile

Price development

Both lines rebased to 0% over their shared dates

Largest shared positions

490 companies held in both funds

SPY weight VONE weight
Shared companySPY VONE
NVIDIA CORP NVDA
8.01%
7.15%
Apple Inc AAPL
7.40%
6.51%
ALPHABET INC GOOGL 2 share classes
5.41%
5.78%
↳ ALPHABET INC-CL A GOOGL3.01%3.20%
↳ ALPHABET INC-CL C GOOG2.40%2.58%
Microsoft Corp MSFT
5.58%
4.83%
AMAZON.COM INC AMZN
3.81%
3.76%
BROADCOM INC AVGO
2.60%
2.99%
META PLATFORMS INC-CLASS A META
2.16%
2.00%
Micron Technology Inc MU
1.67%
1.57%
TESLA INC TSLA
1.56%
1.78%
ELI LILLY & CO LLY
1.34%
1.28%
BERKSHIRE HATHAWAY INC. BRK/B
1.42%
1.27%
ADVANCED MICRO DEVICES AMD
1.28%
1.20%
JPMorgan Chase & Co JPM
1.45%
1.10%
Visa Inc V
0.93%
0.80%
JOHNSON & JOHNSON JNJ
0.97%
0.78%
Intel Corp INTC
0.77%
0.73%
WALMART INC. WMT
0.71%
0.73%
CISCO SYSTEMS, INC. CSCO
0.67%
0.69%
Costco Wholesale Corp COST
0.61%
0.61%
Mastercard Inc MA
0.70%
0.58%
Caterpillar Inc CAT
0.57%
0.59%
LAM RESEARCH CORPORATION LRCX
0.57%
0.58%
AbbVie Inc ABBV
0.69%
0.56%
Applied Materials Inc AMAT
0.55%
0.52%
UnitedHealth Group Inc UNH
0.52%
0.50%

SPY and VONE questions

Based on the holdings compared above

How much do SPY and VONE overlap?

SPY and VONE overlap by 89.5% by weight, across 490 shared companies.

Which companies do SPY and VONE both hold?

The largest companies held in both funds are NVIDIA CORP, Apple Inc, ALPHABET INC, Microsoft Corp, AMAZON.COM INC.

Can I hold both SPY and VONE?

Holding both means 89.5% 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 SPY or VONE cheaper?

SPY has a 0.09% expense ratio and VONE has 0.06%.

How do SPY and VONE compare on valuation?

SPY has a weighted P/E of 27.5 and VONE has a weighted P/E of 27.0.

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