IVV vs VPU: Holdings Overlap
iShares · 503 holdings · $901.0B · as of 2026-03-31
VPUVanguard Utilities Index Fund
Vanguard · 66 holdings · $8.5B · as of 2026-05-31
Holdings snapshots are 61 days apart (IVV: 2026-03-31, VPU: 2026-05-31). 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 IVV and VPU?
iShares Core S&P 500 ETF (IVV, by iShares) holds 503 positions; Vanguard Utilities Index Fund (VPU, by Vanguard) holds 66. They have 31 holdings in common, and by portfolio weight the two funds are 2.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 31IVV holds 503 · VPU holds 66
- Weight in Shared Holdings
- IVV 3%·VPU 90%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 IVV
472 of 503 positions (97.2% of the fund) are not held by VPU. Showing the top 30 by weight.
Sector Breakdown
| Sector | IVV | VPU |
|---|---|---|
| Utilities | 2.5% | 99.6% |
| Information Technology | 32.6% | 0.0% |
| Financials | 12.6% | 0.0% |
| Communication Services | 10.5% | 0.0% |
| Consumer Discretionary | 9.8% | 0.0% |
| Other Sectors | 31.7% | 0.0% |
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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IVV | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.05% |
| VPU | -4.3% | +3.4% | +3.8% | +14.2% | +8.4% | +8.8% | 2.74% |
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 IVV vs VPU →
Shared Holdings(31)
The top 10 shared positions account for 58% of the overlap, led by NEE, SO and DUK.
 NEENextEra Energy Inc COM | 0.35% | 11.79% | 0.35% |
|---|---|---|---|
 SOSouthern Co. (The) | 0.19% | 6.67% | 0.19% |
 DUKDuke Energy Corp COM NEW | 0.18% | 6.28% | 0.18% |
 CEGConstellation Energy Corp. COM | 0.16% | 5.83% | 0.16% |
 AEPAmerican Electric Power Co, Inc. COM | 0.13% | 4.45% | 0.13% |
 SRESempra COM | 0.11% | 3.83% | 0.11% |
 DDominion Energy Inc COM | 0.09% | 3.76% | 0.09% |
 ETREntergy Corporation COM | 0.09% | 3.21% | 0.09% |
 EXCExelon Corp. COM | 0.09% | 3.03% | 0.09% |
 VSTVistra Corp. COMMON STOCK | 0.09% | 3.57% | 0.09% |
 XELXcel Energy Inc COM | 0.08% | 3.09% | 0.08% |
 EDConsolidated Edison, Inc. COM | 0.07% | 2.51% | 0.07% |
 PEGPublic Service Enterprise Group Incorporated COM | 0.07% | 2.58% | 0.07% |
 PCGPG&E Corporation COM | 0.07% | 2.36% | 0.07% |
 WECWEC Energy Group Inc. COM | 0.07% | 2.38% | 0.07% |
 NRGNRG Energy, Inc. COM NEW | 0.06% | 1.78% | 0.06% |
 ATOAtmos Energy Corp. COM | 0.05% | 1.80% | 0.05% |
 DTEDTE Energy Co. COM | 0.05% | 1.95% | 0.05% |
 AEEAmeren Corp. COM | 0.05% | 1.92% | 0.05% |
 PPLPPL Corporation COM | 0.05% | 1.72% | 0.05% |
 CNPCenterpoint Energy Inc COM | 0.05% | 1.82% | 0.05% |
 EIXEdison International COM | 0.05% | 1.77% | 0.05% |
 AWKAmerican Water Works Company, Inc. COM | 0.05% | 1.48% | 0.05% |
 FEFirstEnergy Corp. COM | 0.05% | 1.68% | 0.05% |
 ESEversource Energy COM | 0.05% | 1.69% | 0.05% |
Frequently Asked Questions
How much do IVV and VPU overlap?
IVV and VPU overlap by 2.5% of portfolio weight. They share 31 holdings (IVV holds 503 positions and VPU holds 66), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IVV and VPU?
The two portfolios are 2.5% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IVV and VPU?
The largest positions held by both funds are NEE, SO, DUK, CEG and AEP. Together the top 10 shared positions account for 58% of the total overlap.
What does IVV own that VPU doesn't?
472 positions (97.2% of IVV) are unique to IVV, led by NVDA, AAPL and MSFT. In the other direction, 35 positions (9.9% of VPU) are unique to VPU.