VTV vs XLU ETF holdings comparison
Vanguard Value ETF (VTV) · Utilities Select Sector SPDR ETF (XLU)
VTV and XLU overlap by 5.3% by portfolio weight. The remaining 94.7 percentage points are not counted as shared holdings weight by this calculation. They share 27 stocks; the largest shared position is NextEra Energy Inc (NEE), contributing 0.75% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
VTV and XLU share a smaller portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "low holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
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.
This comparison covers normalized equity positions represented in the dataset. Cash, derivatives, options, structured notes, and other non-equity assets are not included, so the result is not a complete comparison of every asset or risk in either fund.
Top shared holdings
| Company | Ticker | in VTV | in XLU |
|---|---|---|---|
| NextEra Energy Inc | NEE | 0.75% | 13.00% |
| Southern Co/The | SO | 0.44% | 7.51% |
| Duke Energy Corp | DUK | 0.42% | 7.01% |
| Constellation Energy Corp | CEG | 0.35% | 6.59% |
| American Electric Power Co Inc | AEP | 0.29% | 4.94% |
| Sempra | SRE | 0.26% | 4.06% |
| Dominion Energy Inc | D | 0.22% | 4.36% |
| Vistra Corp | VST | 0.21% | 3.26% |
| Entergy Corp | ETR | 0.21% | 3.60% |
| Xcel Energy Inc | XEL | 0.20% | 3.57% |
Holdings only in VTV or XLU
VTV has 282 fund-only positions representing approximately 94.1 percentage points of reported exposure; XLU has 4 fund-only positions representing approximately 5.5 percentage points of reported exposure. These are positions whose normalized security identifiers appear in one issuer file but not the other.
Largest positions only in VTV
| Company | Ticker | Weight |
|---|---|---|
| Berkshire Hathaway Inc | BRK.B | 3.06% |
| JPMorgan Chase & Co | JPM | 3.03% |
| Exxon Mobil Corp | XOM | 2.90% |
| Johnson & Johnson | JNJ | 2.41% |
| Walmart Inc | WMT | 2.23% |
| Chevron Corp | CVX | 1.61% |
| AbbVie Inc | ABBV | 1.58% |
| Micron Technology Inc | MU | 1.56% |
| Procter & Gamble Co/The | PG | 1.38% |
| Caterpillar Inc | CAT | 1.35% |
Largest positions only in XLU
| Company | Ticker | Weight |
|---|---|---|
| Atmos Energy Corp | ATO | 2.07% |
| Nrg Energy Inc | NRG | 1.77% |
| Pinnacle West Capital | PNW | 0.88% |
| Aes Corp | AES | 0.78% |
FAQ
How much do VTV and XLU overlap?
VTV and XLU have 5.3% overlap by weight, sharing 27 equity positions (out of 309 in VTV and 31 in XLU). The official holdings files used are dated 2026-03-31 for VTV and 2026-08-25 for XLU.
What does 5.3% overlap mean?
VTV and XLU share a smaller portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "low holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
Which stocks do VTV and XLU both hold?
The largest shared positions are NextEra Energy Inc, Southern Co/The, Duke Energy Corp, Constellation Energy Corp, American Electric Power Co Inc. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between VTV and XLU?
VTV has 282 positions not found in XLU, while XLU has 4 positions not found in VTV. The largest fund-only positions and their weights are shown on this page.