FXN vs IYE overlap - what they share and where they differ

FXN and IYE share 46.7% of their weight across 35 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.

FXN and IYE

46.7%

35 shared positions

FXN

First Trust Energy AlphaDEX Fund

Reported positions cover 100% of the fund, 37 positions · Apr 30, 2026

Top 10: 44.7%·Holdings of FXN

IYE

iShares U.S. Energy ETF

Reported positions cover 100% of the fund, 38 positions · Apr 30, 2026

Top 10: 68.9%·Holdings of IYE

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

IYE vs FXN side by side

FXNFirst Trust Energy AlphaDEX Fund

37

stock positions reported to the SEC

4.6% of its weight is in 2 names IYE does not hold

IYEiShares U.S. Energy ETF

38

stock positions reported to the SEC

23.3% of its weight is in 3 names FXN does not hold

Where each fund's weight sits

FXN
IYE
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Energy
69.6%
55.8%
Utilities
10.7%
13.4%
Technology
11.5%
5.9%
Industrials
4.1%
0.5%
Real Estate
2.3%
1.1%

The widest gap is Energy: FXN has 13.8 points more of it.

The figures side by side

FXNIYE
Filing dateApr 30, 2026Apr 30, 2026
Stock positions reported3738
Weight of the ten largest44.7%68.9%
Largest positionOVV 4.9%EXXON MOBIL CORPORATION 21.7%
Held alone2 positions, 4.6%3 positions, 23.3%
Covered by stock positions100%100%

Holdings they share

StockIn FXNIn IYECounted
EOGEOG RESOURCES INC3.70%3.55%3.55%
PSXPHILLIPS 663.74%3.32%3.32%
SLBSLB LTD2.76%3.94%2.76%
LNGCHENIERE ENERGY INC4.61%2.62%2.62%
WMBWILLIAMS COMPANIES INC (THE)2.62%4.38%2.62%
TRGPTARGA RESOURCES CORP2.59%2.46%2.46%
COPCONOCOPHILLIPS2.38%6.51%2.38%
OKEONEOK INC1.95%2.59%1.95%
MPCMARATHON PETROLEUM CORP1.93%3.43%1.93%
KMIKINDER MORGAN INC1.86%2.92%1.86%

What each holds alone

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

Only in FXN

WFRDWEATHERFORD INTERNATIONAL PLC2.91%
EXXON MOBIL CORP1.73%

Only in IYE

EXXON MOBIL CORPORATION21.72%
COTERRA ENERGY INC.1.21%
WEATHERFORD INTERNATIONAL PUBLIC LIMITED COMPANY0.35%

Questions people ask

Is FXN the same as IYE?

46.7% of their weight sits in the same 35 holdings. FXN also reports WFRD, EXXON MOBIL CORP, which the other does not. IYE also reports EXXON MOBIL CORPORATION, COTERRA ENERGY INC., WEATHERFORD INTERNATIONAL PUBLIC LIMITED COMPANY, which the other does not.

How is the overlap between FXN and IYE 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 FXN and 100% of IYE, so the number cannot exceed the smaller coverage.

Which holds more, IYE or FXN?

FXN reports 37 stock positions and IYE reports 38. 4.6% of FXN's weight sits in names IYE does not hold, and 23.3% of IYE's weight in names FXN does not hold. The ten largest positions are 44.7% of FXN and 68.9% of IYE.

How do FXN and IYE differ by sector?

The widest gap is Energy: FXN has 13.8 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.

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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.