MGV vs VONV overlap - what they share and where they differ

MGV and VONV share 53.6% of their weight across 111 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

MGV and VONV

53.6%

111 shared positions

MGV

VANGUARD MEGA CAP VALUE INDEX FUND

Reported positions cover 100% of the fund, 119 positions · May 31, 2026

Top 10: 29.3%·Holdings of MGV

VONV

VANGUARD RUSSELL 1000 VALUE INDEX FUND

Reported positions cover 99% of the fund, 794 positions · May 31, 2026

Top 10: 22.1%·Holdings of VONV

Reported positions cover MGV 100%, VONV 99% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

VONV vs MGV side by side

MGVVANGUARD MEGA CAP VALUE INDEX FUND

119

stock positions reported to the SEC

7.4% of its weight is in 8 names VONV does not hold

VONVVANGUARD RUSSELL 1000 VALUE INDEX FUND

794

stock positions reported to the SEC

45.3% of its weight is in 683 names MGV does not hold

Where each fund's weight sits

MGV
VONV
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
22.0%
25.6%
Financial Services
18.2%
14.7%
Healthcare
16.0%
11.7%
Consumer Defensive
9.6%
0.0%
Consumer Cyclical
0.0%
7.8%
Industrials
5.3%
6.5%

The widest gap is Consumer Defensive: MGV has 9.6 points more of it.

The figures side by side

MGVVONV
Filing dateMay 31, 2026May 31, 2026
Stock positions reported119794
Weight of the ten largest29.3%22.1%
Largest positionMU 5.3%GOOGL 4.2%
Held alone8 positions, 7.4%683 positions, 45.3%
Covered by stock positions100%99%

Holdings they share

StockIn MGVIn VONVCounted
MUMicron Technology Inc5.26%3.22%3.22%
BRK.ABerkshire Hathaway Inc4.21%2.60%2.60%
JPMORGAN CHASE & CO3.64%2.27%2.27%
EXXON MOBIL CORP2.91%1.82%1.82%
JNJJohnson & Johnson2.61%1.61%1.61%
INTCIntel Corp2.20%1.50%1.50%
CSCOCisco Systems Inc2.06%1.42%1.42%
WMTWalmart Inc2.44%1.35%1.35%
CATCaterpillar Inc1.96%1.06%1.06%
UNHUnitedHealth Group Inc1.66%1.03%1.03%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in MGV

COSTCostco Wholesale Corp2.04%
ABBVAbbVie Inc1.85%
GENERAL ELECTRIC CO1.55%
TTTrane Technologies PLC0.48%
AMTAmerican Tower Corp0.42%
BXBlackstone Inc0.42%
WMWaste Management Inc0.41%
ADBEAdobe Inc0.26%

Only in VONV

GOOGLAlphabet Inc4.21%
AMZNAmazon.com Inc2.12%
AMDAdvanced Micro Devices Inc1.02%
METAMeta Platforms Inc0.73%
SANDISK CORP/DE0.72%
WDCWestern Digital Corp0.54%
MRVLMarvell Technology Inc0.48%
BABoeing Co/The0.45%
GLWCorning Inc0.42%
WELLWelltower Inc0.42%

Questions people ask

Is MGV the same as VONV?

53.6% of their weight sits in the same 111 holdings. MGV also reports COST, ABBV, GENERAL ELECTRIC CO, which the other does not. VONV also reports GOOGL, AMZN, AMD, which the other does not.

How is the overlap between MGV and VONV measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of MGV and 99% of VONV, so the number cannot exceed the smaller coverage.

Which holds more, VONV or MGV?

MGV reports 119 stock positions and VONV reports 794. 7.4% of MGV's weight sits in names VONV does not hold, and 45.3% of VONV's weight in names MGV does not hold. The ten largest positions are 29.3% of MGV and 22.1% of VONV.

How do MGV and VONV differ by sector?

The widest gap is Consumer Defensive: MGV has 9.6 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

Add a third fund in the tool·All fund pairs

Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.