MLPX vs VDE: Holdings Overlap
MLPXGlobal X MLP and Energy Infrastructure ETF
Global X · 28 holdings · $3.6B · as of 2026-05-31
Vanguard · 105 holdings · $10.0B · as of 2026-05-31
How similar are MLPX and VDE?
Global X MLP and Energy Infrastructure ETF (MLPX, by Global X) holds 28 positions; Vanguard Energy Index Fund (VDE, by Vanguard) holds 105. They have 14 holdings in common, and by portfolio weight the two funds are 15.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 15.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 14MLPX holds 28 · VDE holds 105
- Weight in Shared Holdings
- MLPX 49%·VDE 15%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 MLPX
14 of 28 positions (50.7% of the fund) are not held by VDE.
Sector Breakdown
| Sector | MLPX | VDE |
|---|---|---|
| Energy | 99.5% | 99.5% |
| Other Sectors | 0.0% | 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 |
|---|---|---|---|---|---|---|---|
| MLPX | -3.0% | +23.1% | +25.2% | +25.3% | +22.4% | +11.8% | 3.17% |
| VDE | +5.2% | +30.6% | +40.8% | +13.4% | +22.8% | +9.4% | 2.48% |
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 MLPX vs VDE →
Shared Holdings(14)
The top 10 shared positions account for 97% of the overlap, led by WMB, KMI and TRGP.
 WMBWilliams Companies Inc. (The) COM | 8.54% | 3.63% | 3.63% |
|---|---|---|---|
 KMIKinder Morgan, Inc. COM | 7.42% | 2.60% | 2.60% |
 TRGPTarga Resources Corp. COM | 4.98% | 2.30% | 2.30% |
 OKEOneok Inc. COM | 6.57% | 2.21% | 2.21% |
 LNGCheniere Energy Inc COM NEW | 6.35% | 2.06% | 2.06% |
 DTMDT Midstream Inc COMMON STOCK | 4.53% | 0.62% | 0.62% |
 AMAntero Midstream Corporation COM | 2.33% | 0.34% | 0.34% |
 KGSKodiak Gas Services Inc. COM | 1.91% | 0.32% | 0.32% |
 AROCArchrock Inc COM | 1.92% | 0.27% | 0.27% |
 PAGPPlains GP Holdings LP | 1.57% | 0.24% | 0.24% |
 HESMHess Midstream LP, Class A | 1.62% | 0.23% | 0.23% |
 KNTKKinetik Holdings Inc COM NEW CL A | 0.63% | 0.13% | 0.13% |
 NEXTNextDecade Corp. COM | 0.39% | 0.09% | 0.09% |
 EEExcelerate Energy, Inc., Class A | 0.34% | 0.06% | 0.06% |
Frequently Asked Questions
How much do MLPX and VDE overlap?
MLPX and VDE overlap by 15.1% of portfolio weight. They share 14 holdings (MLPX holds 28 positions and VDE holds 105), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MLPX and VDE?
The two portfolios are 15.1% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of MLPX and VDE?
The largest positions held by both funds are WMB, KMI, TRGP, OKE and LNG. Together the top 10 shared positions account for 97% of the total overlap.
What does MLPX own that VDE doesn't?
14 positions (50.7% of MLPX) are unique to MLPX, led by TRP, ENB and PBA. In the other direction, 91 positions (84.4% of VDE) are unique to VDE.