VO vs XLE: how much do they overlap?
Vanguard Mid-Cap ETF (VO) · Energy Select Sector SPDR ETF (XLE)
overlap by weight · 15 shared holdings
VO: 289 holdings (as of 2026-03-31) · XLE: 21 holdings (as of 09-Jul-2026)
Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.
Low overlap
What this means
VO and XLE hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Overlap by weight sums the smaller of the two funds' weights for every stock they both hold — it answers "how much of my money is in the same stocks either way?" See methodology.
Top shared holdings
| Company | Ticker | in VO | in XLE |
|---|---|---|---|
| SLB Ltd | SLB | 0.84% | 4.47% |
| Valero Energy Corp | VLO | 0.8% | 4.64% |
| Phillips 66 | PSX | 0.8% | 4.79% |
| Marathon Petroleum Corp | MPC | 0.78% | 4.8% |
| Baker Hughes Co | BKR | 0.66% | 3.83% |
| ONEOK Inc | OKE | 0.62% | 3.8% |
| Targa Resources Corp | TRGP | 0.59% | 3.95% |
| Occidental Petroleum Corp | OXY | 0.52% | 2.56% |
| Williams Cos Inc/The | WMB | 0.48% | 4.43% |
| Diamondback Energy Inc | FANG | 0.43% | 2.38% |
FAQ
How much do VO and XLE overlap?
VO and XLE have a 7.9% overlap by weight, sharing 15 holdings (out of 289 in VO and 21 in XLE), based on official issuer holdings as of 2026-03-31.
What does 7.9% overlap mean?
VO and XLE hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do VO and XLE both hold?
The largest shared positions are SLB Ltd, Valero Energy Corp, Phillips 66, Marathon Petroleum Corp, Baker Hughes Co. The full list of top shared holdings with weights in each fund is shown on this page.