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

FXN and OIH share 10.5% of their weight across 6 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 OIH

10.5%

6 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

OIH

VanEck Oil Services ETF

Reported positions cover 100% of the fund, 25 positions · Jun 30, 2026

Top 10: 70.6%·Holdings of OIH

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

OIH vs FXN side by side

FXNFirst Trust Energy AlphaDEX Fund

37

stock positions reported to the SEC

89.4% of its weight is in 31 names OIH does not hold

OIHVanEck Oil Services ETF

25

stock positions reported to the SEC

47.9% of its weight is in 19 names FXN does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Energy
69.6%
53.1%
Technology
11.5%
35.6%
Utilities
10.7%
0.0%
Industrials
4.1%
2.3%
Real Estate
2.3%
0.0%

The widest gap is Technology: OIH has 24.1 points more of it.

The figures side by side

FXNOIH
Filing dateApr 30, 2026Jun 30, 2026
Stock positions reported3725
Weight of the ten largest44.7%70.6%
Largest positionOVV 4.9%SLB 19.0%
Held alone31 positions, 89.4%19 positions, 47.9%
Covered by stock positions100%100%

Holdings they share

StockIn FXNIn OIHCounted
WFRDWEATHERFORD INTERNATIONAL PLC2.91%4.24%2.91%
SLBSLB LTD2.76%19.00%2.76%
NOVNOV INC2.07%3.60%2.07%
BKRBAKER HUGHES COMPANY0.95%11.86%0.95%
FTITECHNIPFMC PLC0.91%6.96%0.91%
HALHALLIBURTON COMPANY0.90%6.45%0.90%

What each holds alone

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

Only in FXN

OVVOVINTIV INC4.93%
DVNDEVON ENERGY CORP4.85%
PRPERMIAN RESOURCES CORP4.82%
MTDRMATADOR RESOURCES COMPANY4.77%
LNGCHENIERE ENERGY INC4.61%
APAAPA CORP4.56%
EXEEXPAND ENERGY CORP4.42%
DINOHF SINCLAIR CORP4.10%
FSLRFIRST SOLAR INC3.89%
PSXPHILLIPS 663.74%

Only in OIH

SEISolaris Energy Infrastructure Inc5.20%
TENARIS SA5.12%
RIGTransocean Ltd4.15%
NOBLE CORP PLC3.96%
LBRTLiberty Energy Inc3.65%
OIIOceaneering International Inc3.25%
VALValaris Ltd3.10%
PTENPatterson-UTI Energy Inc2.89%
WHDCactus Inc2.82%
HPHelmerich & Payne Inc2.51%

Questions people ask

Is FXN the same as OIH?

10.5% of their weight sits in the same 6 holdings. FXN also reports OVV, DVN, PR, which the other does not. OIH also reports SEI, TENARIS SA, RIG, which the other does not.

How is the overlap between FXN and OIH 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 OIH, so the number cannot exceed the smaller coverage.

Which holds more, OIH or FXN?

FXN reports 37 stock positions and OIH reports 25. 89.4% of FXN's weight sits in names OIH does not hold, and 47.9% of OIH's weight in names FXN does not hold. The ten largest positions are 44.7% of FXN and 70.6% of OIH.

How do FXN and OIH differ by sector?

The widest gap is Technology: OIH has 24.1 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.

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.