VFH vs XLF overlap - what they share and where they differ
VFH and XLF share 82.0% of their weight across 76 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
82.0%
76 shared positions
VFH
VANGUARD FINANCIALS INDEX FUND
Reported positions cover 96% of the fund, 409 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
409
stock positions reported to the SEC
13.8% of its weight is in 333 names XLF does not hold
XLFState Street(R) Financial Select Sector SPDR(R) ETF
76
stock positions reported to the SEC
0.0% of its weight is in 0 names VFH does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Financial Services: XLF has 5.7 points more of it.
The figures side by side
| VFH | XLF | |
|---|---|---|
| Filing date | May 31, 2026 | Jun 30, 2026 |
| Stock positions reported | 409 | 76 |
| Weight of the ten largest | 44.5% | 57.6% |
| Largest position | JPM 9.2% | BRK.A 12.1% |
| Held alone | 333 positions, 13.8% | 0 positions, 0.0% |
| Covered by stock positions | 96% | 100% |
Holdings they share
| Stock | In VFH | In XLF | Counted |
|---|---|---|---|
| JPMJPMorgan 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
Nothing among its reported positions that the others do not also hold.
Questions people ask
Is VFH the same as XLF?
82.0% of their weight sits in the same 76 holdings. VFH also reports MKL, SOFI, LPLA, which the other does not. Among its reported positions, XLF holds nothing the other does not also hold.
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 409 stock positions and XLF reports 76. 13.8% of VFH's weight sits in names XLF does not hold, and 0.0% 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 5.7 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.
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.