SPY vs VUG: fund overlap

ETF comparisons  /  SPY vs VUG

US equity comparison · SPY 2026-10-12 · VUG 2026-06-30

SPY vs VUG

State Street SPDR S&P 500 ETF Trust compared with VANGUARD GROWTH INDEX FUND

The funds share a substantial core but differ outside it.SPY has 380 companies outside the overlap; VUG has 25.

Do SPY and VUG overlap?

SPY and VUG overlap by 58.7% by weight, across 122 shared companies.

SPYUS equity

State Street SPDR S&P 500 ETF Trust

505holdings
0.09%annual fee
USmarket
Valuation492 companies covered
27.0×P / E97% by weight
5.50×P / B84% by weight
3.7%Earnings yield
SPY holdings and fund profile
VUGUS growth

VANGUARD GROWTH INDEX FUND

152holdings
0.03%annual fee
USmarket
Valuation137 companies covered
34.0×P / E95% by weight
13.53×P / B80% by weight
2.9%Earnings yield
VUG holdings and fund profile

Price development

Both lines rebased to 0% over their shared dates

Largest shared positions

122 companies held in both funds

SPY weight VUG weight
Shared companySPY VUG
NVIDIA CORP NVDA
8.12%
12.60%
Apple Inc AAPL
7.38%
11.64%
Microsoft Corp MSFT
5.96%
7.59%
ALPHABET INC GOOGL 2 share classes
5.53%
10.26%
↳ ALPHABET INC-CL A GOOGL3.07%5.74%
↳ ALPHABET INC-CL C GOOG2.46%4.52%
AMAZON.COM INC AMZN
3.78%
4.46%
BROADCOM INC AVGO
2.50%
4.27%
META PLATFORMS INC-CLASS A META
2.43%
3.40%
TESLA INC TSLA
1.58%
3.26%
ADVANCED MICRO DEVICES AMD
1.44%
2.61%
ELI LILLY & CO LLY
1.40%
2.80%
Visa Inc V
0.98%
1.54%
Intel Corp INTC
0.75%
0.79%
Mastercard Inc MA
0.71%
1.13%
PALANTIR TECHNOLOGIES INC-A PLTR
0.71%
0.71%
Costco Wholesale Corp COST
0.63%
1.15%
Applied Materials Inc AMAT
0.59%
1.59%
LAM RESEARCH CORPORATION LRCX
0.57%
1.50%
Palo Alto Networks Inc PANW
0.49%
0.78%
General Electric Co GE
0.48%
0.55%
NETFLIX INC NFLX
0.44%
0.84%
CROWDSTRIKE HOLDINGS INC - A CRWD
0.40%
0.52%
GE VERNOVA INC. GEV
0.39%
0.88%
Texas Instruments Inc TXN
0.38%
0.39%
KLA Corp KLAC
0.37%
1.10%
Oracle Corp ORCL
0.35%
0.71%

SPY and VUG questions

Based on the holdings compared above

How much do SPY and VUG overlap?

SPY and VUG overlap by 58.7% by weight, across 122 shared companies.

Which companies do SPY and VUG both hold?

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

Can I hold both SPY and VUG?

Holding both means 58.7% 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 VUG cheaper?

SPY has a 0.09% expense ratio and VUG has 0.03%.

How do SPY and VUG compare on valuation?

SPY has a weighted P/E of 27.0 and VUG has a weighted P/E of 34.0.

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