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

VDE and XOP share 33.3% of their weight across 47 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.

VDE and XOP

33.3%

47 shared positions

VDE

VANGUARD ENERGY INDEX FUND

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

Top 10: 63.7%·Holdings of VDE

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 VDE 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 VDE side by side

VDEVANGUARD ENERGY INDEX FUND

105

stock positions reported to the SEC

29.9% of its weight is in 58 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

6.2% of its weight is in 4 names VDE does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Energy
56.3%
86.2%
Utilities
8.9%
0.0%
Technology
5.0%
0.0%
Real Estate
0.0%
3.2%
Industrials
1.0%
2.7%
Basic Materials
0.9%
2.1%

The widest gap is Energy: XOP has 29.9 points more of it.

The figures side by side

VDEXOP
Filing dateMay 31, 2026Jun 30, 2026
Stock positions reported10551
Weight of the ten largest63.7%27.9%
Largest positionEXXON MOBIL CORP 21.3%TPL 3.2%
Held alone58 positions, 29.9%4 positions, 6.2%
Covered by stock positions100%100%

Holdings they share

StockIn VDEIn XOPCounted
VLOValero Energy Corp3.17%2.74%2.74%
MPCMarathon Petroleum Corp3.27%2.64%2.64%
PSXPhillips 662.97%2.53%2.53%
EOGEOG Resources Inc3.05%2.51%2.51%
EXXON MOBIL CORP21.26%2.47%2.47%
CVXChevron Corp14.46%2.37%2.37%
COPConocoPhillips5.76%2.36%2.36%
DVNDevon Energy Corp2.11%2.41%2.11%
OXYOccidental Petroleum Corp1.57%2.31%1.57%
FANGDiamondback Energy Inc1.51%2.43%1.51%

What each holds alone

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

Only in VDE

WILLIAMS COS INC/THE3.63%
SLBSLB Ltd3.47%
BKRBaker Hughes Co2.64%
KMIKinder Morgan Inc2.60%
TRGPTarga Resources Corp2.30%
OKEONEOK Inc2.21%
LNGCheniere Energy Inc2.06%
HALHalliburton Co1.40%
FTITechnipFMC PLC1.22%
DTMDT Midstream Inc0.62%

Only in XOP

PRPermian Resources Corp2.54%
VGVenture Global Inc2.28%
DECDiversified Energy Co0.76%
NUAINew Era Energy & Digital Inc0.59%

Questions people ask

Is VDE the same as XOP?

33.3% of their weight sits in the same 47 holdings. VDE also reports WILLIAMS COS INC/THE, SLB, BKR, which the other does not. XOP also reports PR, VG, DEC, which the other does not.

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

Which holds more, XOP or VDE?

VDE reports 105 stock positions and XOP reports 51. 29.9% of VDE's weight sits in names XOP does not hold, and 6.2% of XOP's weight in names VDE does not hold. The ten largest positions are 63.7% of VDE and 27.9% of XOP.

How do VDE and XOP differ by sector?

The widest gap is Energy: XOP has 29.9 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.