XLE vs XLU ETF holdings comparison
Energy Select Sector SPDR ETF (XLE) · Utilities Select Sector SPDR ETF (XLU)
XLE and XLU overlap by 0% by portfolio weight. The remaining 100.0 percentage points are not counted as shared holdings weight by this calculation. They share 0 stocks;
What this means
XLE 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
No shared stocks were found in the normalized issuer holdings used for this comparison. That result applies only to the holdings files and dates shown above.
Holdings only in XLE or XLU
XLE has 22 fund-only positions representing approximately 99.5 percentage points of reported exposure; XLU has 31 fund-only positions representing approximately 99.6 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 XLE
| Company | Ticker | Weight |
|---|---|---|
| Exxonmobil Holdings Corp | XOM | 20.45% |
| Chevron Corp | CVX | 14.90% |
| Conocophillips | COP | 6.39% |
| Marathon Petroleum Corp | MPC | 5.32% |
| Phillips 66 | PSX | 5.29% |
| Valero Energy Corp | VLO | 4.96% |
| Slb Ltd | SLB | 4.46% |
| Eog Resources Inc | EOG | 4.32% |
| Williams Cos Inc | WMB | 3.69% |
| Targa Resources Corp | TRGP | 3.67% |
Largest positions only in XLU
| Company | Ticker | Weight |
|---|---|---|
| Nextera Energy Inc | NEE | 13.00% |
| Southern Co/The | SO | 7.51% |
| Duke Energy Corp | DUK | 7.01% |
| Constellation Energy | CEG | 6.59% |
| American Electric Power | AEP | 4.94% |
| Dominion Energy Inc | D | 4.36% |
| Sempra | SRE | 4.06% |
| Entergy Corp | ETR | 3.60% |
| Xcel Energy Inc | XEL | 3.57% |
| Exelon Corp | EXC | 3.35% |
FAQ
How much do XLE and XLU overlap?
XLE and XLU have 0% overlap by weight, sharing 0 equity positions (out of 22 in XLE and 31 in XLU). The official holdings files used are dated 2026-08-25 for XLE and 2026-08-25 for XLU.
What does 0% overlap mean?
XLE 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 XLE and XLU both hold?
XLE and XLU have no shared stock positions in the normalized issuer holdings used for this comparison.
What holdings are different between XLE and XLU?
XLE has 22 positions not found in XLU, while XLU has 31 positions not found in XLE. The largest fund-only positions and their weights are shown on this page.