AIPO vs XLU overlap - what they share and where they differ

AIPO and XLU share 10.8% of their weight across 9 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 XLU

10.8%

9 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

XLU

State Street(R) Utilities Select Sector SPDR(R) ETF

Reported positions cover 100% of the fund, 31 positions · Jun 30, 2026

Top 10: 57.5%·Holdings of XLU

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

XLU vs AIPO side by side

AIPODefiance AI & Power Infrastructure ETF

75

stock positions reported to the SEC

88.9% of its weight is in 66 names XLU does not hold

XLUState Street(R) Utilities Select Sector SPDR(R) ETF

31

stock positions reported to the SEC

74.3% of its weight is in 22 names AIPO does not hold

Where each fund's weight sits

AIPO
XLU
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Utilities
12.1%
88.9%
Technology
50.4%
0.0%
Industrials
15.5%
0.0%
Basic Materials
6.9%
0.0%
Energy
0.0%
2.0%
Financial Services
1.6%
0.0%

The widest gap is Utilities: XLU has 76.8 points more of it.

The figures side by side

AIPOXLU
Filing dateMay 31, 2026Jun 30, 2026
Stock positions reported7531
Weight of the ten largest51.5%57.5%
Largest positionPWR 7.9%NEE 12.9%
Held alone66 positions, 88.9%22 positions, 74.3%
Covered by stock positions100%100%

Holdings they share

StockIn AIPOIn XLUCounted
CEGConstellation Energy Corp3.07%5.59%3.07%
DDominion Energy Inc1.59%4.23%1.59%
VSTVistra Corp1.51%3.54%1.51%
XELXcel Energy Inc1.46%3.53%1.46%
PEGPublic Service Enterprise Grou1.15%2.85%1.15%
PG&E CORP0.91%2.61%0.91%
EVRGEvergy Inc0.54%1.40%0.54%
AESAES Corp/The0.32%0.74%0.32%
PNWPinnacle West Capital Corp0.26%0.91%0.26%

What each holds alone

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

Only in AIPO

PWRQuanta Services Inc7.91%
VRTVertiv Holdings Co7.24%
GEVGE Vernova Inc7.21%
EATON CORP PLC7.10%
BEBloom Energy Corp4.75%
AVGOBroadcom Inc4.12%
CCJCameco Corp3.78%
NVDANVIDIA Corp3.58%
AMDAdvanced Micro Devices Inc2.74%
MTZMasTec Inc2.13%

Only in XLU

NEENextEra Energy Inc12.89%
SOSouthern Co/The7.60%
DUKDuke Energy Corp6.95%
AEPAmerican Electric Power Co Inc5.24%
SEMPRA4.27%
ETREntergy Corp3.70%
EXCExelon Corp3.36%
EDConsolidated Edison Inc2.87%
WECWEC Energy Group Inc2.68%
DTEDTE Energy Co2.23%

Questions people ask

Is AIPO the same as XLU?

10.8% of their weight sits in the same 9 holdings. AIPO also reports PWR, VRT, GEV, which the other does not. XLU also reports NEE, SO, DUK, which the other does not.

How is the overlap between AIPO and XLU 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 XLU, so the number cannot exceed the smaller coverage.

Which holds more, XLU or AIPO?

AIPO reports 75 stock positions and XLU reports 31. 88.9% of AIPO's weight sits in names XLU does not hold, and 74.3% of XLU's weight in names AIPO does not hold. The ten largest positions are 51.5% of AIPO and 57.5% of XLU.

How do AIPO and XLU differ by sector?

The widest gap is Utilities: XLU has 76.8 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

XLU 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.