EMLP vs VTI: Holdings Overlap
EMLPFirst Trust North American Energy Infrastructure Fund
First Trust · 63 holdings · $4.2B · as of 2026-04-30
VTIVanguard Total Stock Market Index Fund
Vanguard · 3505 holdings · $696.4B · as of 2026-03-31
Holdings snapshots are 30 days apart (EMLP: 2026-04-30, VTI: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are EMLP and VTI?
First Trust North American Energy Infrastructure Fund (EMLP, by First Trust) holds 63 positions; Vanguard Total Stock Market Index Fund (VTI, by Vanguard) holds 3505. They have 47 holdings in common, and by portfolio weight the two funds are 2.9% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 47EMLP holds 63 · VTI holds 3505
- Weight in Shared Holdings
- EMLP 61%·VTI 3%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
16 of 63 positions (32.2% of the fund) are not held by VTI.
- Energy Transfer LP7.49%
- Enterprise Products Partners LP7.17%
- MPLX LP COM UNIT REP LTD4.04%
PAGPPlains GP Holdings LP3.87%
- Sunoco LP2.05%
- Cheniere Energy Partners LP1.43%
Sector Breakdown
| Sector | EMLP | VTI |
|---|---|---|
| Utilities | 45.6% | 2.5% |
| Energy | 39.5% | 4.2% |
| Information Technology | 0.0% | 30.5% |
| Financials | 0.0% | 12.7% |
| Industrials | 3.6% | 10.4% |
| Other Sectors | 0.0% | 39.1% |
| Unclassified | 4.4% | 0.3% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (5% of EMLP, 0% of VTI).
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% |
| VTI | +3.3% | +14.6% | +24.2% | +20.9% | +12.3% | +14.9% | 1.02% |
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 VTI →
Shared Holdings(47)
The top 10 shared positions account for 51% of the overlap, led by NEE, SO and DUK.
 NEENextEra Energy Inc COM | 1.27% | 0.31% | 0.31% |
|---|---|---|---|
 SOSouthern Co. (The) | 2.67% | 0.17% | 0.17% |
 DUKDuke Energy Corp COM NEW | 1.93% | 0.16% | 0.16% |
 WMBWilliams Companies Inc. (The) COM | 1.55% | 0.14% | 0.14% |
 CEGConstellation Energy Corp. COM | 0.40% | 0.14% | 0.14% |
 PWRQuanta Services, Inc. COM | 1.25% | 0.13% | 0.13% |
 CMICummins Inc. COM | 0.80% | 0.12% | 0.12% |
 AEPAmerican Electric Power Co, Inc. COM | 2.06% | 0.11% | 0.11% |
 SRESempra COM | 1.82% | 0.10% | 0.10% |
 KMIKinder Morgan, Inc. COM | 3.69% | 0.10% | 0.10% |
 OKEOneok Inc. COM | 2.06% | 0.09% | 0.09% |
 LNGCheniere Energy Inc COM NEW | 1.41% | 0.09% | 0.09% |
 DDominion Energy Inc COM | 1.35% | 0.09% | 0.09% |
 TRGPTarga Resources Corp. COM | 1.12% | 0.09% | 0.09% |
 ETREntergy Corporation COM | 2.43% | 0.08% | 0.08% |
 VSTVistra Corp. COMMON STOCK | 1.11% | 0.08% | 0.08% |
 XELXcel Energy Inc COM | 1.30% | 0.08% | 0.08% |
 EXCExelon Corp. COM | 0.21% | 0.08% | 0.08% |
 PEGPublic Service Enterprise Group Incorporated COM | 1.62% | 0.06% | 0.06% |
 WECWEC Energy Group Inc. COM | 1.45% | 0.06% | 0.06% |
 PCGPGandE CORP COMMON STOCK | 0.42% | 0.06% | 0.06% |
 ATOAtmos Energy Corp. COM | 1.19% | 0.05% | 0.05% |
 AEEAmeren Corp. COM | 0.97% | 0.05% | 0.05% |
 CNPCenterpoint Energy Inc COM | 1.34% | 0.04% | 0.04% |
 FEFirstEnergy Corp. COM | 1.42% | 0.04% | 0.04% |
Frequently Asked Questions
How much do EMLP and VTI overlap?
EMLP and VTI overlap by 2.9% of portfolio weight. They share 47 holdings (EMLP holds 63 positions and VTI holds 3505), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EMLP and VTI?
The two portfolios are 2.9% 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 VTI?
The largest positions held by both funds are NEE, SO, DUK, WMB and CEG. Together the top 10 shared positions account for 51% of the total overlap.
What does EMLP own that VTI doesn't?
16 positions (32.2% 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, 3458 positions (96.7% of VTI) are unique to VTI.