VXF vs XOP: Holdings Overlap
VXFVanguard Extended Market Index Fund
Vanguard · 3359 holdings · $32.2B · 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 (VXF: 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 VXF and XOP?
Vanguard Extended Market Index Fund (VXF, by Vanguard) holds 3359 positions; State Street® SPDR® S&P® Oil & Gas Exploration & Production ETF (XOP, by State Street (SPDR)) holds 52. They have 37 holdings in common, and by portfolio weight the two funds are 2.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 37VXF holds 3359 · XOP holds 52
- Weight in Shared Holdings
- VXF 2%·XOP 64%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 VXF
3322 of 3359 positions (97.5% of the fund) are not held by XOP. Showing the top 30 by weight.
Sector Breakdown
| Sector | VXF | XOP |
|---|---|---|
| Energy | 5.4% | 99.5% |
| Industrials | 19.5% | 0.0% |
| Information Technology | 16.3% | 0.0% |
| Financials | 15.0% | 0.0% |
| Health Care | 13.3% | 0.0% |
| Other Sectors | 28.0% | 0.0% |
| Unclassified | 2.4% | 0.4% |
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. “Unclassified” is weight we could not classify (2% of VXF, 0% of XOP).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| VXF | +2.4% | +18.9% | +26.9% | +18.6% | +6.9% | +12.0% | 0.99% |
| 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 VXF vs XOP →
Shared Holdings(37)
The top 10 shared positions account for 64% of the overlap, led by OVV, PR and AR.
 OVVOvintiv Inc COM | 0.23% | 2.60% | 0.23% |
|---|---|---|---|
 PRPermian Resources Corporation Class A | 0.22% | 2.58% | 0.22% |
 ARAntero Resources Corporation COM | 0.17% | 2.46% | 0.17% |
 RRCRange Resources Corporation | 0.15% | 2.48% | 0.15% |
 DINOHF Sinclair Corporation | 0.13% | 2.94% | 0.13% |
 VNOMViper Energy Inc. CL A | 0.12% | 2.32% | 0.12% |
 CHRDChord Energy Corp. COM NEW | 0.11% | 2.41% | 0.11% |
 VGVenture Global, Inc., Class A | 0.10% | 2.57% | 0.10% |
 MTDRMatador Resources Company COM | 0.10% | 2.23% | 0.10% |
 SMSM Energy Co. COM | 0.10% | 2.20% | 0.10% |
 MURMurphy Oil Corporation COM | 0.08% | 2.08% | 0.08% |
 CNXCNX Resources Corporation COM | 0.08% | 2.66% | 0.08% |
 CRCCalifornia Resources Corporation COM STOCK | 0.07% | 2.24% | 0.07% |
 PBFPBF Energy, Inc., Class A | 0.05% | 3.61% | 0.05% |
 MGYMagnolia Oil & Gas Corporation CL A | 0.05% | 2.24% | 0.05% |
 GPORGulfport Energy Operating Corp. COMMON SHARES | 0.05% | 2.10% | 0.05% |
 CRGYCrescent Energy, Inc., Class A | 0.04% | 2.43% | 0.04% |
 PARRPar Pacific Holdings, Inc. COM NEW | 0.04% | 3.01% | 0.04% |
 NOGNorthern Oil And Gas, Inc. COM | 0.04% | 1.94% | 0.04% |
 DKDelek US Holdings Inc. COM | 0.04% | 2.99% | 0.04% |
 CLMTCalumet Inc COM | 0.03% | 2.41% | 0.03% |
 SOCSable Offshore Corp., Class A | 0.03% | 0.70% | 0.03% |
 TALOTalos Energy Inc COM | 0.03% | 1.49% | 0.03% |
 CRKComstock Resources, Inc. COM | 0.02% | 0.94% | 0.02% |
 KOSKosmos Energy Ltd COM | 0.02% | 1.24% | 0.02% |
Frequently Asked Questions
How much do VXF and XOP overlap?
VXF and XOP overlap by 2.2% of portfolio weight. They share 37 holdings (VXF holds 3359 positions and XOP holds 52), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VXF and XOP?
The two portfolios are 2.2% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of VXF and XOP?
The largest positions held by both funds are OVV, PR, AR, RRC and DINO. Together the top 10 shared positions account for 64% of the total overlap.
What does VXF own that XOP doesn't?
3322 positions (97.5% of VXF) are unique to VXF, led by MRVL, NET and LNG. In the other direction, 15 positions (35.7% of XOP) are unique to XOP.