VDE vs MLPX: Holdings Overlap
Vanguard · 105 holdings · $10.0B · as of 2026-05-31
MLPXGlobal X MLP and Energy Infrastructure ETF
Global X · 28 holdings · $3.6B · as of 2026-05-31
How similar are VDE and MLPX?
Vanguard Energy Index Fund (VDE, by Vanguard) holds 105 positions; Global X MLP and Energy Infrastructure ETF (MLPX, by Global X) holds 28. 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
- 14VDE holds 105 · MLPX holds 28
- Weight in Shared Holdings
- VDE 15%·MLPX 49%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 VDE
91 of 105 positions (84.4% of the fund) are not held by MLPX. Showing the top 30 by weight.
Sector Breakdown
| Sector | VDE | MLPX |
|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| VDE | +5.2% | +30.6% | +40.8% | +13.4% | +22.8% | +9.4% | 2.48% |
| MLPX | -3.0% | +23.1% | +25.2% | +25.3% | +22.4% | +11.8% | 3.17% |
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 VDE vs MLPX →
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 | 3.63% | 8.54% | 3.63% |
|---|---|---|---|
 KMIKinder Morgan, Inc. COM | 2.60% | 7.42% | 2.60% |
 TRGPTarga Resources Corp. COM | 2.30% | 4.98% | 2.30% |
 OKEOneok Inc. COM | 2.21% | 6.57% | 2.21% |
 LNGCheniere Energy Inc COM NEW | 2.06% | 6.35% | 2.06% |
 DTMDT Midstream Inc COMMON STOCK | 0.62% | 4.53% | 0.62% |
 AMAntero Midstream Corporation COM | 0.34% | 2.33% | 0.34% |
 KGSKodiak Gas Services Inc. COM | 0.32% | 1.91% | 0.32% |
 AROCArchrock Inc COM | 0.27% | 1.92% | 0.27% |
 PAGPPlains GP Holdings LP | 0.24% | 1.57% | 0.24% |
 HESMHess Midstream LP, Class A | 0.23% | 1.62% | 0.23% |
 KNTKKinetik Holdings Inc COM NEW CL A | 0.13% | 0.63% | 0.13% |
 NEXTNextDecade Corp. COM | 0.09% | 0.39% | 0.09% |
 EEExcelerate Energy, Inc., Class A | 0.06% | 0.34% | 0.06% |
Frequently Asked Questions
How much do VDE and MLPX overlap?
VDE and MLPX overlap by 15.1% of portfolio weight. They share 14 holdings (VDE holds 105 positions and MLPX holds 28), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VDE and MLPX?
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 VDE and MLPX?
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 VDE own that MLPX doesn't?
91 positions (84.4% of VDE) are unique to VDE, led by XOM, CVX and COP. In the other direction, 14 positions (50.7% of MLPX) are unique to MLPX.