SPY vs VUG: holdings overlap, shared companies and scores
As of September 11, 2026, SPY and VUG overlap 57.3% by weight. State Street SPDR S&P 500 ETF (SPY): S&P 500 index exposure. Vanguard Morningstar Growth ETF (VUG): U.S. large-cap growth stocks.
Updated September 11, 2026
How much do SPY and VUG overlap?
As of September 11, 2026, SPY and VUG overlap 57.3% by weight.
58% of SPY is already inside VUG.
98% of VUG is already inside SPY.
SPY holds 501 companies and VUG holds 148; 122 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score SPY and VUG?
As of September 11, 2026, ETF Copilot scores SPY 5.3 out of 10 and VUG 5.6 out of 10.
They differ most on Valuation: SPY 2.2 and VUG 5.0.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | SPY | VUG |
|---|---|---|
| Growth | 2.7 | 2.5 |
| Valuation | 2.2 | 5.0 |
| Risk | 5.0 | 3.3 |
| Quality | 8.8 | 9.9 |
| Return | 7.8 | 7.8 |
VUG is the cheaper of the two at 0.03% a year
As of September 11, 2026, SPY charges 0.09% a year, yields 1.11% and holds $806.1B in assets across 501 positions.
As of September 11, 2026, VUG charges 0.03% a year, yields 0.42% and holds $372.0B in assets across 148 positions.
| Measure | SPY | VUG |
|---|---|---|
| Expense ratio | 0.09% | 0.03% |
| Dividend yield | 1.11% | 0.42% |
| Assets under management | $806.1B | $372.0B |
| Holdings | 501 | 148 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Where SPY and VUG trade against their own history
SPY trades at 25.4 times earnings, against its own median of 21.6, and is more expensive than 84% of its own 114 monthly readings since 2017.
VUG trades at 31.0 times earnings, against its own median of 28.8, and is more expensive than 67% of its own 114 monthly readings since 2017.
What moved SPY and VUG this week
SPY fell 1.1% in the week to September 11, 2026. The holdings that moved it most were Nvidia (−4.4%), Microsoft (−2.8%) and Eli Lilly (−3.8%); Advanced Micro Devices (+13.1%) pushed the other way.
VUG fell 1.0% in the week to September 11, 2026. The holdings that moved it most were Nvidia (−4.4%), Microsoft (−2.8%) and Eli Lilly (−3.8%); Advanced Micro Devices (+13.1%) pushed the other way.
What do SPY and VUG each hold?
What's inside SPY: Tech 46%, Magnificent 7 34%.
38% of SPY is its ten largest holdings.
What's inside VUG: Tech 71%, Magnificent 7 57%.
64% of VUG is its ten largest holdings.
Compare with similar funds
Cite this
ETF Copilot, “SPY vs VUG holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/spy-vs-vug
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