VTI vs XLU: Holdings Overlap
VTIVanguard Total Stock Market Index Fund
Vanguard · 3505 holdings · $696.4B · as of 2026-03-31
XLUState Street® Utilities Select Sector SPDR® ETF
State Street (SPDR) · 31 holdings · $23.0B · as of 2026-08-06
Holdings snapshots are 128 days apart (VTI: 2026-03-31, XLU: 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 VTI and XLU?
Vanguard Total Stock Market Index Fund (VTI, by Vanguard) holds 3505 positions; State Street® Utilities Select Sector SPDR® ETF (XLU, by State Street (SPDR)) holds 31. They have 31 holdings in common, and by portfolio weight the two funds are 2.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 31VTI holds 3505 · XLU holds 31
- Weight in Shared Holdings
- VTI 2%·XLU 100%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 VTI
3474 of 3505 positions (97.4% of the fund) are not held by XLU. Showing the top 30 by weight.
Only in XLU
Every position in XLU is also held by VTI, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | VTI | XLU |
|---|---|---|
| Utilities | 2.5% | 99.7% |
| Information Technology | 30.5% | 0.0% |
| Financials | 12.7% | 0.0% |
| Industrials | 10.4% | 0.0% |
| Health Care | 10.0% | 0.0% |
| Other Sectors | 33.2% | 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 |
|---|---|---|---|---|---|---|---|
| VTI | +3.3% | +14.6% | +24.2% | +20.9% | +12.3% | +14.9% | 1.02% |
| XLU | -4.6% | +3.5% | +3.6% | +14.3% | +8.5% | +9.0% | 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 VTI vs XLU →
Shared Holdings(31)
The top 10 shared positions account for 58% of the overlap, led by NEE, SO and DUK.
 NEENextEra Energy Inc COM | 0.31% | 12.99% | 0.31% |
|---|---|---|---|
 SOSouthern Co. (The) | 0.17% | 7.71% | 0.17% |
 DUKDuke Energy Corp COM NEW | 0.16% | 7.11% | 0.16% |
 CEGConstellation Energy Corp. COM | 0.14% | 6.15% | 0.14% |
 AEPAmerican Electric Power Co, Inc. COM | 0.11% | 5.02% | 0.11% |
 SRESempra COM | 0.10% | 4.06% | 0.10% |
 DDominion Energy Inc COM | 0.09% | 4.33% | 0.09% |
 ETREntergy Corporation COM | 0.08% | 3.59% | 0.08% |
 VSTVistra Corp. COMMON STOCK | 0.08% | 3.30% | 0.08% |
 XELXcel Energy Inc COM | 0.08% | 3.54% | 0.08% |
 EXCExelon Corp. COM | 0.08% | 3.42% | 0.08% |
 EDConsolidated Edison, Inc. COM | 0.07% | 2.96% | 0.07% |
 PEGPublic Service Enterprise Group Incorporated COM | 0.06% | 2.75% | 0.06% |
 WECWEC Energy Group Inc. COM | 0.06% | 2.59% | 0.06% |
 PCGPG&E Corporation COM | 0.06% | 2.76% | 0.06% |
 NRGNRG Energy, Inc. COM NEW | 0.05% | 1.85% | 0.05% |
 ATOAtmos Energy Corp. COM | 0.05% | 2.11% | 0.05% |
 AEEAmeren Corp. COM | 0.05% | 2.21% | 0.05% |
 CNPCenterpoint Energy Inc COM | 0.04% | 1.96% | 0.04% |
 EIXEdison International COM | 0.04% | 1.91% | 0.04% |
 FEFirstEnergy Corp. COM | 0.04% | 1.80% | 0.04% |
 PPLPPL Corporation COM | 0.04% | 1.92% | 0.04% |
 AWKAmerican Water Works Company, Inc. COM | 0.04% | 1.94% | 0.04% |
 ESEversource Energy COM | 0.04% | 2.00% | 0.04% |
 DTEDTE Energy Co. COM | 0.04% | 2.14% | 0.04% |
Frequently Asked Questions
How much do VTI and XLU overlap?
VTI and XLU overlap by 2.3% of portfolio weight. They share 31 holdings (VTI holds 3505 positions and XLU holds 31), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VTI and XLU?
The two portfolios are 2.3% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of VTI and XLU?
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 VTI own that XLU doesn't?
3474 positions (97.4% of VTI) are unique to VTI, led by NVDA, AAPL and MSFT. In the other direction, 0 positions (0.0% of XLU) are unique to XLU.