ETF comparison

VFH vs XLF

Both Financials.

Vanguard Financials Index Fund ETF Shares · State Street Financial Select Sector SPDR ETF

Holdings overlap

Weighted by ISIN/CUSIP
83.0 %

76 positions appear in both funds. Buying equal dollars of VFH and XLF would leave roughly 83.0% of each dollar exposed to the same underlying securities.

VFH only 13.5% Shared 83.0% XLF only 16.8%
In VFH only
339 positions
Shared
76 positions
In XLF only
1 positions

Side by side

VFH

Vanguard Financials Index Fund ETF Shares

Vanguard · Financials

85 composite / 100
Expense ratio
0.090%
Net assets
$13.81B
TTM yield
1.68%
Top-10 conc.
45.1%
XLF

State Street Financial Select Sector SPDR ETF

State Street · Financials

83 composite / 100
Expense ratio
0.080%
Net assets
$51.35B
TTM yield
1.43%
Top-10 conc.
56.3%

Sub-score comparison

91
Cost
92
82
Tax efficiency
83
100
Liquidity
100
50
Concentration
34
Tracking quality
VFH sub-score XLF

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

XLF is 1 bps cheaper than VFH. On a $100,000 position that's about $10/yr more in fees for VFH.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with VFH vs XLF.

Top shared holdings

76 shared in total
# Holding In VFH In XLF Overlap
1 JPMorgan Chase & Co 9.30% 11.24% 9.30%
2 Berkshire Hathaway Inc 8.36% 12.46% 8.36%
3 Mastercard Inc 5.29% 5.77% 5.29%
4 Visa Inc 4.21% 7.20% 4.21%
5 Bank of America Corp 4.01% 4.59% 4.01%
6 Wells Fargo & Co 3.13% 3.49% 3.13%
7 Goldman Sachs Group Inc/The 2.97% 3.60% 2.97%
8 Morgan Stanley 2.39% 2.81% 2.39%
9 Citigroup Inc 2.29% 2.81% 2.29%
10 American Express Co 2.06% 2.30% 2.06%
11 Charles Schwab Corp/The 1.97% 2.23% 1.97%
12 BlackRock Funding Inc/DE 1.88% 1.97% 1.88%

Only in VFH

339 total
  • Markel Group Inc 0.31%
  • LPL Financial Holdings Inc 0.29%
  • SoFi Technologies Inc 0.26%
  • First Citizens BancShares Inc/NC 0.20%
  • Rocket Cos Inc 0.20%
  • East West Bancorp Inc 0.18%
  • Annaly Capital Management Inc 0.18%
  • Tradeweb Markets Inc 0.17%
  • Reinsurance Group of America Inc 0.17%
  • RenaissanceRe Holdings Ltd 0.17%

Only in XLF

1 total
  • State Street Global Advisors 0.02%

Open VFH or XLF at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.