Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VOE vs XLE: how they differ
VOE and XLE hold 11% of their weight in the same names, and XLE returned more over the year.
Vanguard Mid-Cap Value Index Fund and State Street(R) Energy Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, VOE and XLE hold 11% of their money in the same securities at the same weight.
| Holding | VOE | XLE |
|---|---|---|
| Valero Energy Corp | 1.34% | 4.65% |
| Marathon Petroleum Corp | 1.29% | 4.49% |
| SLB Ltd | 1.21% | 4.10% |
| Phillips 66 | 1.18% | 4.08% |
| Baker Hughes Co | 0.95% | 3.31% |
| ONEOK Inc | 0.95% | 3.29% |
| Devon Energy Corp | 0.83% | 2.86% |
| Williams Cos Inc/The | 0.79% | 5.04% |
| Occidental Petroleum Corp | 0.63% | 2.12% |
| Diamondback Energy Inc | 0.60% | 2.05% |
| Kinder Morgan Inc | 0.52% | 3.76% |
| Halliburton Co | 0.44% | 1.71% |
| Only in VOE | Only in XLE |
|---|---|
| Cummins Inc 1.71% | Exxon Mobil Corp 22.71% |
| CRH PLC 1.24% | Chevron Corp 16.12% |
| United Rentals Inc 1.23% | ConocoPhillips 6.58% |
| General Motors Co 1.21% | EOG Resources Inc 4.15% |
| Simon Property Group Inc 1.20% | Targa Resources Corp 3.46% |
| Warner Bros Discovery Inc 1.10% | Texas Pacific Land Corp 1.52% |
| PACCAR Inc 1.10% | Expand Energy Corp 1.31% |
| Digital Realty Trust Inc 1.09% | APA Corp 0.69% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026.
| VOE Vanguard Mid-Cap Value Index Fund | XLE State Street(R) Energy Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | State Street |
| What it is | Mid-Cap Value | Energy |
| Total return, 1 year | +20.2% | +50.7% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +2.7 pts | +33.2 pts |
| Expense ratio | 0.05% | 0.08% |
| Already in the S&P 500 | 96.6% | 100.0% |
| Holdings | 170 | 21 |
VOE in plain words
VOE is an index equity fund tracking the Mid-Cap Value. Over the year to Sep 11, 2026 it returned +20.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. By its holdings filed for Jun 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 170 positions, with the top ten at 12.7%.
XLE in plain words
XLE is an index equity fund tracking the Energy. Over the year to Sep 11, 2026 it returned +50.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 21 positions, with the top ten at 75.7%.
Questions people ask
- Which returned more over the last year, VOE or XLE?
- In the year to Sep 12, 2026, with distributions reinvested, VOE returned +20.2% and XLE returned +50.7%, so XLE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VOE or XLE?
- VOE charges 0.05% a year and XLE charges 0.08%, so VOE is cheaper. Fees come from each fund's prospectus.
- How much do VOE and XLE overlap with the S&P 500?
- By their latest filed holdings, 97% of VOE and 100% of XLE by weight is stocks the S&P 500 already holds. Between the two funds, 11% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, VOE against XLE, data as of Sep 12, 2026. https://etfiq.com/compare/any/VOE-XLE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources