MGV vs XLV overlap - what they share and where they differ
MGV and XLV share 16.0% of their weight across 19 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 XLV
16.0%
19 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
XLV
State Street(R) Health Care Select Sector SPDR(R) ETF
Reported positions cover 100% of the fund, 59 positions · Jun 30, 2026
Top 10: 61.6%·Holdings of XLV
Reported positions cover MGV 100%, XLV 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
XLV vs MGV side by side
MGVVANGUARD MEGA CAP VALUE INDEX FUND
119
stock positions reported to the SEC
83.6% of its weight is in 100 names XLV does not hold
XLVState Street(R) Health Care Select Sector SPDR(R) ETF
59
stock positions reported to the SEC
38.2% of its weight is in 40 names MGV does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Healthcare: XLV has 83.7 points more of it.
The figures side by side
| MGV | XLV | |
|---|---|---|
| Filing date | May 31, 2026 | Jun 30, 2026 |
| Stock positions reported | 119 | 59 |
| Weight of the ten largest | 29.3% | 61.6% |
| Largest position | MU 5.3% | LLY 16.5% |
| Held alone | 100 positions, 83.6% | 40 positions, 38.2% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In MGV | In XLV | Counted |
|---|---|---|---|
| JNJJohnson & Johnson | 2.61% | 10.64% | 2.61% |
| ABBVAbbVie Inc | 1.85% | 7.74% | 1.85% |
| UNHUnitedHealth Group Inc | 1.66% | 6.57% | 1.66% |
| MRKMerck & Co Inc | 1.41% | 5.52% | 1.41% |
| TMOThermo Fisher Scientific Inc | 0.88% | 3.24% | 0.88% |
| AMGNAmgen Inc | 0.87% | 3.40% | 0.87% |
| GILDGilead Sciences Inc | 0.80% | 2.73% | 0.80% |
| ABTAbbott Laboratories | 0.72% | 2.75% | 0.72% |
| PFEPfizer Inc | 0.72% | 2.39% | 0.72% |
| BMYBristol-Myers Squibb Co | 0.56% | 2.05% | 0.56% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in MGV
Only in XLV
Questions people ask
Is MGV the same as XLV?
16.0% of their weight sits in the same 19 holdings. MGV also reports MU, BRK.A, JPM, which the other does not. XLV also reports LLY, ISRG, VRTX, which the other does not.
How is the overlap between MGV and XLV 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 100% of XLV, so the number cannot exceed the smaller coverage.
Which holds more, XLV or MGV?
MGV reports 119 stock positions and XLV reports 59. 83.6% of MGV's weight sits in names XLV does not hold, and 38.2% of XLV's weight in names MGV does not hold. The ten largest positions are 29.3% of MGV and 61.6% of XLV.
How do MGV and XLV differ by sector?
The widest gap is Healthcare: XLV has 83.7 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.
Other pairs with these funds
XLV against other funds in the table
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.