VFH vs XLF overlap - what they share and where they differ
VFH and XLF share 81.6% of their weight across 75 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.
VFH and XLF
81.6%
75 shared positions
VFH
VANGUARD FINANCIALS INDEX FUND
Reported positions cover 96% of the fund, 383 positions · May 31, 2026
Top 10: 44.5%·Holdings of VFH
XLF
State Street(R) Financial Select Sector SPDR(R) ETF
Reported positions cover 100% of the fund, 76 positions · Jun 30, 2026
Top 10: 57.6%·Holdings of XLF
Reported positions cover VFH 96%, XLF 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
XLF vs VFH side by side
VFHVANGUARD FINANCIALS INDEX FUND
383
stock positions reported to the SEC
14.2% of its weight is in 308 names XLF does not hold
XLFState Street(R) Financial Select Sector SPDR(R) ETF
76
stock positions reported to the SEC
0.5% of its weight is in 1 names VFH does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Financial Services: XLF has 3.8 points more of it.
The figures side by side
| VFH | XLF | |
|---|---|---|
| Filing date | May 31, 2026 | Jun 30, 2026 |
| Stock positions reported | 383 | 76 |
| Weight of the ten largest | 44.5% | 57.6% |
| Largest position | JPMORGAN CHASE & CO 9.2% | BRK.A 12.1% |
| Held alone | 308 positions, 14.2% | 1 positions, 0.5% |
| Covered by stock positions | 96% | 100% |
Holdings they share
| Stock | In VFH | In XLF | Counted |
|---|---|---|---|
| JPMORGAN CHASE & CO | 9.15% | 11.55% | 9.15% |
| BRK.ABerkshire Hathaway Inc | 7.85% | 12.08% | 7.85% |
| MAMastercard Inc | 5.03% | 5.46% | 5.03% |
| BACBank of America Corp | 4.25% | 4.90% | 4.25% |
| VVisa Inc | 4.17% | 7.50% | 4.17% |
| GSGoldman Sachs Group Inc/The | 3.51% | 3.93% | 3.51% |
| MSMorgan Stanley | 2.97% | 3.30% | 2.97% |
| WFCWells Fargo & Co | 2.93% | 3.33% | 2.93% |
| CCitigroup Inc | 2.56% | 3.14% | 2.56% |
| AXPAmerican Express Co | 2.10% | 2.37% | 2.10% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in VFH
Only in XLF
Questions people ask
Is VFH the same as XLF?
81.6% of their weight sits in the same 75 holdings. VFH also reports HARTFORD FINANCIAL SERVICES GROUP INC/THE, MKL, SOFI, which the other does not. XLF also reports HIG, which the other does not.
How is the overlap between VFH and XLF measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 96% of VFH and 100% of XLF, so the number cannot exceed the smaller coverage.
Which holds more, XLF or VFH?
VFH reports 383 stock positions and XLF reports 76. 14.2% of VFH's weight sits in names XLF does not hold, and 0.5% of XLF's weight in names VFH does not hold. The ten largest positions are 44.5% of VFH and 57.6% of XLF.
How do VFH and XLF differ by sector?
The widest gap is Financial Services: XLF has 3.8 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.
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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.