Question 1

What is the overlap between VEQT and VFV?

Accepted Answer

VEQT (Vanguard All-Equity ETF) and VFV (Vanguard S&P 500 ETF) share approximately 72% of their underlying stock holdings by weight. VEQT allocates roughly 58% of its global equity portfolio to U.S. large-cap equities. Adding VFV on top of VEQT dramatically concentrates your net worth into mega-cap tech companies like Apple, Microsoft, and Nvidia without providing additional international diversification.

Question 2

Should I hold VOO and QQQ together in my portfolio?

Accepted Answer

VOO (Vanguard S&P 500) and QQQ (Invesco Nasdaq-100) share 54% common holdings by weight. Over 80 of the 100 stocks in QQQ are already held in VOO. Holding both creates massive double-exposure to the 'Magnificent 7' tech giants, increasing portfolio volatility without diversifying your sector risk.

Question 3

What is an ETF X-Ray analysis?

Accepted Answer

An ETF X-Ray looks through the fund ticker symbols down to the actual underlying securities (stocks, bonds, cash). It aggregates every position across all funds in your portfolio to calculate your true single-company exposure, geographic currency exposure, sector allocation, and weighted management expense ratio (MER).

Question 4

How does portfolio overlap affect fees and compounding?

Accepted Answer

Overlapping ETFs often increase transaction friction and trading complexity without adding unique return drivers. In many cases, investors pay higher management expense ratios for specialized or thematic ETFs that simply replicate stocks already owned inside low-cost broad index funds.

ETF X-Ray & Holdings Overlap Analyzer

100% Client-Side Portfolio Diagnostics & Complete Privacy

Build Portfolio for X-Ray

Looking for ETF deep dive fundamentals?

Pairwise ETF Holdings Overlap Matrix

Geographic Asset Distribution

Sector Exposure Breakdown

Top Look-Through Underlying Holdings

Track drift and quarterly rebalancing with Pro