FXN vs XOP overlap - what they share and where they differ
FXN and XOP share 49.0% of their weight across 22 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 XOP
49.0%
22 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
XOP
State Street(R) SPDR(R) S&P(R) Oil & Gas Exploration & Production ETF
Reported positions cover 100% of the fund, 51 positions · Jun 30, 2026
Top 10: 27.9%·Holdings of XOP
Reported positions cover FXN 100%, XOP 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
XOP vs FXN side by side
FXNFirst Trust Energy AlphaDEX Fund
37
stock positions reported to the SEC
30.5% of its weight is in 15 names XOP does not hold
XOPState Street(R) SPDR(R) S&P(R) Oil & Gas Exploration & Production ETF
51
stock positions reported to the SEC
43.8% of its weight is in 29 names FXN does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Energy: XOP has 16.6 points more of it.
The figures side by side
| FXN | XOP | |
|---|---|---|
| Filing date | Apr 30, 2026 | Jun 30, 2026 |
| Stock positions reported | 37 | 51 |
| Weight of the ten largest | 44.7% | 27.9% |
| Largest position | OVV 4.9% | TPL 3.2% |
| Held alone | 15 positions, 30.5% | 29 positions, 43.8% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In FXN | In XOP | Counted |
|---|---|---|---|
| EXEEXPAND ENERGY CORP | 4.42% | 2.80% | 2.80% |
| EQTEQT CORP | 3.59% | 2.75% | 2.75% |
| ARANTERO RESOURCES CORP | 3.52% | 2.68% | 2.68% |
| DINOHF SINCLAIR CORP | 4.10% | 2.67% | 2.67% |
| RRCRANGE RESOURCES CORP | 3.66% | 2.58% | 2.58% |
| PRPERMIAN RESOURCES CORP | 4.82% | 2.54% | 2.54% |
| PSXPHILLIPS 66 | 3.74% | 2.53% | 2.53% |
| EOGEOG RESOURCES INC | 3.70% | 2.51% | 2.51% |
| OVVOVINTIV INC | 4.93% | 2.47% | 2.47% |
| MTDRMATADOR RESOURCES COMPANY | 4.77% | 2.46% | 2.46% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in FXN
Only in XOP
Questions people ask
Is FXN the same as XOP?
49.0% of their weight sits in the same 22 holdings. FXN also reports LNG, FSLR, WFRD, which the other does not. XOP also reports PBF, DK, CNX, which the other does not.
How is the overlap between FXN and XOP 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 XOP, so the number cannot exceed the smaller coverage.
Which holds more, XOP or FXN?
FXN reports 37 stock positions and XOP reports 51. 30.5% of FXN's weight sits in names XOP does not hold, and 43.8% of XOP's weight in names FXN does not hold. The ten largest positions are 44.7% of FXN and 27.9% of XOP.
How do FXN and XOP differ by sector?
The widest gap is Energy: XOP has 16.6 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.