MLPX vs VOO: Holdings Overlap
MLPXGlobal X MLP and Energy Infrastructure ETF
Global X · 28 holdings · $3.6B · as of 2026-05-31
Vanguard · 504 holdings · $1.03T · as of 2026-03-31
Holdings snapshots are 61 days apart (MLPX: 2026-05-31, VOO: 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 MLPX and VOO?
Global X MLP and Energy Infrastructure ETF (MLPX, by Global X) holds 28 positions; Vanguard 500 Index Fund (VOO, by Vanguard) holds 504. They have 4 holdings in common, and by portfolio weight the two funds are 0.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 4MLPX holds 28 · VOO holds 504
- Weight in Shared Holdings
- MLPX 28%·VOO 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 MLPX
24 of 28 positions (72.3% of the fund) are not held by VOO.
Sector Breakdown
| Sector | MLPX | VOO |
|---|---|---|
| Energy | 99.5% | 4.0% |
| Information Technology | 0.0% | 32.7% |
| Financials | 0.0% | 12.4% |
| Communication Services | 0.0% | 10.5% |
| Consumer Discretionary | 0.0% | 9.9% |
| Other Sectors | 0.0% | 30.3% |
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.
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% |
| VOO | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.03% |
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 VOO →
Shared Holdings(4)
The top 4 shared positions account for 100% of the overlap, led by WMB, KMI and OKE.
Frequently Asked Questions
How much do MLPX and VOO overlap?
MLPX and VOO overlap by 0.5% of portfolio weight. They share 4 holdings (MLPX holds 28 positions and VOO holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MLPX and VOO?
The two portfolios are 0.5% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of MLPX and VOO?
The largest positions held by both funds are WMB, KMI, OKE and TRGP. Together the top 4 shared positions account for 100% of the total overlap.
What does MLPX own that VOO doesn't?
24 positions (72.3% of MLPX) are unique to MLPX, led by TRP, ENB and LNG. In the other direction, 500 positions (99.3% of VOO) are unique to VOO.