EMLP vs VSS: Holdings Overlap
EMLPFirst Trust North American Energy Infrastructure Fund
First Trust · 63 holdings · $4.2B · as of 2026-04-30
VSSVanguard FTSE All-world Ex-us Small-cap Index Fund
Vanguard · 4810 holdings · $11.7B · as of 2026-04-30
How similar are EMLP and VSS?
First Trust North American Energy Infrastructure Fund (EMLP, by First Trust) holds 63 positions; Vanguard FTSE All-world Ex-us Small-cap Index Fund (VSS, by Vanguard) holds 4810. They have 2 holdings in common, and by portfolio weight the two funds are 0.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2EMLP holds 63 · VSS holds 4810
- Weight in Shared Holdings
- EMLP 1%·VSS 0%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in EMLP
61 of 63 positions (91.9% of the fund) are not held by VSS. Showing the top 30 by weight.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EMLP | -1.5% | +16.3% | +17.6% | +20.5% | +16.2% | +9.9% | 2.80% |
| VSS | +3.4% | +11.3% | +19.8% | +15.6% | +6.0% | +8.0% | 3.14% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in EMLP vs VSS →
Shared Holdings(2)
Frequently Asked Questions
How much do EMLP and VSS overlap?
EMLP and VSS overlap by 0.1% of portfolio weight. They share 2 holdings (EMLP holds 63 positions and VSS holds 4810), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EMLP and VSS?
The two portfolios are 0.1% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of EMLP and VSS?
The largest positions held by both funds are ACO-X and NPI. Together the top 2 shared positions account for 97% of the total overlap.
What does EMLP own that VSS doesn't?
61 positions (91.9% of EMLP) are unique to EMLP, led by Energy Transfer LP, Enterprise Products Partners LP and MPLX LP COM UNIT REP LTD. In the other direction, 4808 positions (98.8% of VSS) are unique to VSS.