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

FXN and VDE share 42.2% of their weight across 33 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 VDE

42.2%

33 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

VDE

VANGUARD ENERGY INDEX FUND

Reported positions cover 100% of the fund, 105 positions · May 31, 2026

Top 10: 63.7%·Holdings of VDE

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

VDE vs FXN side by side

FXNFirst Trust Energy AlphaDEX Fund

37

stock positions reported to the SEC

12.1% of its weight is in 4 names VDE does not hold

VDEVANGUARD ENERGY INDEX FUND

105

stock positions reported to the SEC

13.9% of its weight is in 72 names FXN does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Energy
69.6%
56.3%
Technology
11.5%
5.0%
Utilities
10.7%
8.9%
Industrials
4.1%
1.0%
Real Estate
2.3%
0.0%
Basic Materials
0.0%
0.9%

The widest gap is Energy: FXN has 13.3 points more of it.

The figures side by side

FXNVDE
Filing dateApr 30, 2026May 31, 2026
Stock positions reported37105
Weight of the ten largest44.7%63.7%
Largest positionOVV 4.9%EXXON MOBIL CORP 21.3%
Held alone4 positions, 12.1%72 positions, 13.9%
Covered by stock positions100%100%

Holdings they share

StockIn FXNIn VDECounted
EOGEOG RESOURCES INC3.70%3.05%3.05%
PSXPHILLIPS 663.74%2.97%2.97%
SLBSLB LTD2.76%3.47%2.76%
COPCONOCOPHILLIPS2.38%5.76%2.38%
TRGPTARGA RESOURCES CORP2.59%2.30%2.30%
DVNDEVON ENERGY CORP4.85%2.11%2.11%
LNGCHENIERE ENERGY INC4.61%2.06%2.06%
OKEONEOK INC1.95%2.21%1.95%
MPCMARATHON PETROLEUM CORP1.93%3.27%1.93%
KMIKINDER MORGAN INC1.86%2.60%1.86%

What each holds alone

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

Only in FXN

PRPERMIAN RESOURCES CORP4.82%
FSLRFIRST SOLAR INC3.89%
WMBWILLIAMS COMPANIES INC (THE)2.62%
ENPHENPHASE ENERGY INC0.73%

Only in VDE

WILLIAMS COS INC/THE3.63%
PRC NEWCO INC0.60%
SMSM Energy Co0.33%
KGSKodiak Gas Services Inc0.32%
UECUranium Energy Corp0.31%
RIGTransocean Ltd0.29%
VALValaris Ltd0.28%
AROCArchrock Inc0.27%
MGYMagnolia Oil & Gas Corp0.24%
MURMurphy Oil Corp0.24%

Questions people ask

Is FXN the same as VDE?

42.2% of their weight sits in the same 33 holdings. FXN also reports PR, FSLR, WMB, which the other does not. VDE also reports WILLIAMS COS INC/THE, PRC NEWCO INC, SM, which the other does not.

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

Which holds more, VDE or FXN?

FXN reports 37 stock positions and VDE reports 105. 12.1% of FXN's weight sits in names VDE does not hold, and 13.9% of VDE's weight in names FXN does not hold. The ten largest positions are 44.7% of FXN and 63.7% of VDE.

How do FXN and VDE differ by sector?

The widest gap is Energy: FXN has 13.3 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

VDE 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.