IVV vs XOP: Holdings Overlap
iShares · 503 holdings · $901.0B · as of 2026-03-31
XOPState Street® SPDR® S&P® Oil & Gas Exploration & Production ETF
State Street (SPDR) · 52 holdings · $3.6B · as of 2026-08-06
Holdings snapshots are 128 days apart (IVV: 2026-03-31, XOP: 2026-08-06). 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 XOP?
iShares Core S&P 500 ETF (IVV, by iShares) holds 503 positions; State Street® SPDR® S&P® Oil & Gas Exploration & Production ETF (XOP, by State Street (SPDR)) holds 52. They have 13 holdings in common, and by portfolio weight the two funds are 1.9% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 13IVV holds 503 · XOP holds 52
- Weight in Shared Holdings
- IVV 2%·XOP 33%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
490 of 503 positions (97.9% of the fund) are not held by XOP. Showing the top 30 by weight.
Only in XOP
39 of 52 positions (66.8% of the fund) are not held by IVV. Showing the top 30 by weight.
Sector Breakdown
| Sector | IVV | XOP |
|---|---|---|
| Energy | 4.0% | 99.5% |
| 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 | 30.3% | 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% |
| XOP | +5.7% | +33.0% | +39.0% | +7.2% | +18.0% | +3.7% | 1.95% |
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 XOP →
Shared Holdings(13)
The top 10 shared positions account for 93% of the overlap, led by CVX, COP and EOG.
 CVXChevron Corp. COM | 0.69% | 2.50% | 0.69% |
|---|---|---|---|
 COPConocoPhillips COM | 0.29% | 2.45% | 0.29% |
 EOGEOG Resources Inc. COM | 0.14% | 2.44% | 0.14% |
 VLOValero Energy Corp. COM | 0.13% | 2.95% | 0.13% |
 PSXPhillips 66 COM | 0.13% | 2.84% | 0.13% |
 MPCMarathon Petroleum Corp. COM | 0.13% | 2.86% | 0.13% |
 OXYOccidental Petroleum Corp. COM | 0.08% | 2.47% | 0.08% |
 EQTEQT Corporation COM | 0.07% | 2.46% | 0.07% |
 FANGDiamondback Energy Inc COM | 0.07% | 2.42% | 0.07% |
 DVNDevon Energy Corporation COM | 0.06% | 2.32% | 0.06% |
 TPLTexas Pacific Land Corporation COM | 0.05% | 2.38% | 0.05% |
 EXEExpand Energy Corp. COM | 0.05% | 2.61% | 0.05% |
 APAAPA Corp. COM | 0.03% | 2.42% | 0.03% |
Frequently Asked Questions
How much do IVV and XOP overlap?
IVV and XOP overlap by 1.9% of portfolio weight. They share 13 holdings (IVV holds 503 positions and XOP holds 52), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IVV and XOP?
The two portfolios are 1.9% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IVV and XOP?
The largest positions held by both funds are CVX, COP, EOG, VLO and PSX. Together the top 10 shared positions account for 93% of the total overlap.
What does IVV own that XOP doesn't?
490 positions (97.9% of IVV) are unique to IVV, led by NVDA, AAPL and MSFT. In the other direction, 39 positions (66.8% of XOP) are unique to XOP.