VHT vs XBI overlap - what they share and where they differ

VHT and XBI share 13.0% of their weight across 120 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.

VHT and XBI

13.0%

120 shared positions

VHT

VANGUARD HEALTH CARE INDEX FUND

Reported positions cover 100% of the fund, 345 positions · May 31, 2026

Top 10: 51.9%·Holdings of VHT

XBI

State Street(R) SPDR(R) S&P(R) Biotech ETF

Reported positions cover 100% of the fund, 149 positions · Jun 30, 2026

Top 10: 13.3%·Holdings of XBI

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

XBI vs VHT side by side

VHTVANGUARD HEALTH CARE INDEX FUND

345

stock positions reported to the SEC

77.5% of its weight is in 225 names XBI does not hold

XBIState Street(R) SPDR(R) S&P(R) Biotech ETF

149

stock positions reported to the SEC

9.7% of its weight is in 29 names VHT does not hold

Where each fund's weight sits

VHT
XBI
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Healthcare
92.4%
95.7%
Consumer Cyclical
3.1%
0.0%
Basic Materials
1.0%
1.9%
Consumer Defensive
1.8%
0.0%
Technology
0.8%
0.0%
Financial Services
0.0%
0.5%

The widest gap is Healthcare: XBI has 3.3 points more of it.

The figures side by side

VHTXBI
Filing dateMay 31, 2026Jun 30, 2026
Stock positions reported345149
Weight of the ten largest51.9%13.3%
Largest positionLLY 14.0%APGE 1.5%
Held alone225 positions, 77.5%29 positions, 9.7%
Covered by stock positions100%100%

Holdings they share

StockIn VHTIn XBICounted
VRTXVertex Pharmaceuticals Inc1.80%1.06%1.06%
ABBVAbbVie Inc6.09%1.04%1.04%
AMGNAmgen Inc2.87%0.99%0.99%
GILDGilead Sciences Inc2.64%0.96%0.96%
REGNRegeneron Pharmaceuticals Inc1.00%0.96%0.96%
ALNYAlnylam Pharmaceuticals Inc0.63%0.96%0.63%
NTRANatera Inc0.46%1.16%0.46%
BIIBBiogen Inc0.45%1.03%0.45%
RVMDREVOLUTION Medicines Inc0.40%1.20%0.40%
INSMInsmed Inc0.36%1.08%0.36%

What each holds alone

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

Only in VHT

LLYEli Lilly & Co14.04%
JNJJohnson & Johnson8.47%
UNHUnitedHealth Group Inc5.45%
MRKMerck & Co Inc4.66%
TMOThermo Fisher Scientific Inc2.93%
ISRGIntuitive Surgical Inc2.38%
ABTAbbott Laboratories2.35%
PFEPfizer Inc2.35%
BMYBristol-Myers Squibb Co1.84%
DHRDanaher Corp1.84%

Only in XBI

SLSSELLAS Life Sciences Group Inc1.19%
QUREuniQure NV1.03%
CRSPCRISPR Therapeutics AG1.02%
PVLAPalvella Therapeutics Inc0.58%
ABSIAbsci Corp0.56%
CAPRCapricor Therapeutics Inc0.49%
PURRHyperliquid Strategies Inc0.46%
AVTXAvalo Therapeutics Inc0.35%
INBXInhibrx Biosciences Inc0.35%
JBIOJade Biosciences Inc0.32%

Questions people ask

Is VHT the same as XBI?

13.0% of their weight sits in the same 120 holdings. VHT also reports LLY, JNJ, UNH, which the other does not. XBI also reports SLS, QURE, CRSP, which the other does not.

How is the overlap between VHT and XBI 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 VHT and 100% of XBI, so the number cannot exceed the smaller coverage.

Which holds more, XBI or VHT?

VHT reports 345 stock positions and XBI reports 149. 77.5% of VHT's weight sits in names XBI does not hold, and 9.7% of XBI's weight in names VHT does not hold. The ten largest positions are 51.9% of VHT and 13.3% of XBI.

How do VHT and XBI differ by sector?

The widest gap is Healthcare: XBI has 3.3 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

VHT 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.