AIPO vs VPU overlap - what they share and where they differ
AIPO and VPU share 12.1% of their weight across 13 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.
AIPO and VPU
12.1%
13 shared positions
AIPO
Defiance AI & Power Infrastructure ETF
Reported positions cover 100% of the fund, 75 positions · May 31, 2026
Top 10: 51.5%·Holdings of AIPO
VPU
VANGUARD UTILITIES INDEX FUND
Reported positions cover 100% of the fund, 65 positions · May 31, 2026
Top 10: 52.6%·Holdings of VPU
Reported positions cover AIPO 100%, VPU 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
VPU vs AIPO side by side
AIPODefiance AI & Power Infrastructure ETF
75
stock positions reported to the SEC
87.2% of its weight is in 62 names VPU does not hold
VPUVANGUARD UTILITIES INDEX FUND
65
stock positions reported to the SEC
73.5% of its weight is in 52 names AIPO does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Utilities: VPU has 75.9 points more of it.
The figures side by side
| AIPO | VPU | |
|---|---|---|
| Filing date | May 31, 2026 | May 31, 2026 |
| Stock positions reported | 75 | 65 |
| Weight of the ten largest | 51.5% | 52.6% |
| Largest position | PWR 7.9% | NEE 11.9% |
| Held alone | 62 positions, 87.2% | 52 positions, 73.5% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In AIPO | In VPU | Counted |
|---|---|---|---|
| CEGConstellation Energy Corp | 3.07% | 5.83% | 3.07% |
| DDominion Energy Inc | 1.59% | 3.76% | 1.59% |
| VSTVistra Corp | 1.51% | 3.57% | 1.51% |
| XELXcel Energy Inc | 1.46% | 3.09% | 1.46% |
| PEGPublic Service Enterprise Grou | 1.15% | 2.58% | 1.15% |
| PG&E CORP | 0.91% | 2.36% | 0.91% |
| EVRGEvergy Inc | 0.54% | 1.24% | 0.54% |
| TLNTalen Energy Corp | 0.48% | 0.99% | 0.48% |
| OKLOOklo Inc | 0.88% | 0.39% | 0.39% |
| AESAES Corp/The | 0.32% | 0.69% | 0.32% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in AIPO
Only in VPU
Questions people ask
Is AIPO the same as VPU?
12.1% of their weight sits in the same 13 holdings. AIPO also reports PWR, VRT, GEV, which the other does not. VPU also reports NEE, SO, DUK, which the other does not.
How is the overlap between AIPO and VPU 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 AIPO and 100% of VPU, so the number cannot exceed the smaller coverage.
Which holds more, VPU or AIPO?
AIPO reports 75 stock positions and VPU reports 65. 87.2% of AIPO's weight sits in names VPU does not hold, and 73.5% of VPU's weight in names AIPO does not hold. The ten largest positions are 51.5% of AIPO and 52.6% of VPU.
How do AIPO and VPU differ by sector?
The widest gap is Utilities: VPU has 75.9 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
VPU 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.