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

OIH and XLE share 9.1% of their weight across 3 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.

OIH and XLE

9.1%

3 shared positions

OIH

VanEck Oil Services ETF

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

Top 10: 70.6%·Holdings of OIH

XLE

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

Reported positions cover 100% of the fund, 21 positions · Jun 30, 2026

Top 10: 75.6%·Holdings of XLE

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

XLE vs OIH side by side

OIHVanEck Oil Services ETF

25

stock positions reported to the SEC

62.7% of its weight is in 22 names XLE does not hold

XLEState Street(R) Energy Select Sector SPDR(R) ETF

21

stock positions reported to the SEC

90.8% of its weight is in 18 names OIH does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Energy
53.1%
56.8%
Technology
35.6%
3.3%
Utilities
0.0%
10.5%
Industrials
2.3%
0.0%
Real Estate
0.0%
1.5%

The widest gap is Technology: OIH has 32.3 points more of it.

The figures side by side

OIHXLE
Filing dateJun 30, 2026Jun 30, 2026
Stock positions reported2521
Weight of the ten largest70.6%75.6%
Largest positionSLB 19.0%EXXON MOBIL CORP 22.7%
Held alone22 positions, 62.7%18 positions, 90.8%
Covered by stock positions100%100%

Holdings they share

StockIn OIHIn XLECounted
SLBSLB Ltd19.00%4.09%4.09%
BKRBaker Hughes Co11.86%3.30%3.30%
HALHalliburton Co6.45%1.70%1.70%

What each holds alone

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

Only in OIH

FTITechnipFMC PLC6.96%
SEISolaris Energy Infrastructure Inc5.20%
TENARIS SA5.12%
WFRDWeatherford International PLC4.24%
RIGTransocean Ltd4.15%
NOBLE CORP PLC3.96%
LBRTLiberty Energy Inc3.65%
NOVNOV Inc3.60%
OIIOceaneering International Inc3.25%
VALValaris Ltd3.10%

Only in XLE

EXXON MOBIL CORP22.67%
CVXChevron Corp16.09%
COPConocoPhillips6.57%
WILLIAMS COS INC/THE5.03%
VLOValero Energy Corp4.64%
MPCMarathon Petroleum Corp4.48%
EOGEOG Resources Inc4.15%
PSXPhillips 664.07%
KMIKinder Morgan Inc3.76%
TRGPTarga Resources Corp3.45%

Questions people ask

Is OIH the same as XLE?

9.1% of their weight sits in the same 3 holdings. OIH also reports FTI, SEI, TENARIS SA, which the other does not. XLE also reports EXXON MOBIL CORP, CVX, COP, which the other does not.

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

Which holds more, XLE or OIH?

OIH reports 25 stock positions and XLE reports 21. 62.7% of OIH's weight sits in names XLE does not hold, and 90.8% of XLE's weight in names OIH does not hold. The ten largest positions are 70.6% of OIH and 75.6% of XLE.

How do OIH and XLE differ by sector?

The widest gap is Technology: OIH has 32.3 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.

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.