Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VOE vs XLU: how they differ
VOE and XLU hold 13% of their weight in the same names, and VOE returned more over the year.
Vanguard Mid-Cap Value Index Fund and State Street(R) Utilities Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, VOE and XLU hold 13% of their money in the same securities at the same weight.
| Holding | VOE | XLU |
|---|---|---|
| Sempra | 1.05% | 4.28% |
| Dominion Energy Inc | 1.04% | 4.24% |
| Entergy Corp | 0.95% | 3.71% |
| Xcel Energy Inc | 0.87% | 3.54% |
| Exelon Corp | 0.83% | 3.37% |
| Consolidated Edison Inc | 0.71% | 2.88% |
| Public Service Enterprise Group Inc | 0.70% | 2.86% |
| WEC Energy Group Inc | 0.66% | 2.69% |
| American Electric Power Co Inc | 0.65% | 5.26% |
| PG&E Corp | 0.63% | 2.62% |
| Ameren Corp | 0.54% | 2.21% |
| CenterPoint Energy Inc | 0.50% | 2.04% |
| Only in VOE | Only in XLU |
|---|---|
| Cummins Inc 1.71% | NextEra Energy Inc 12.93% |
| Valero Energy Corp 1.34% | Southern Co/The 7.62% |
| Marathon Petroleum Corp 1.29% | Duke Energy Corp 6.97% |
| CRH PLC 1.24% | Constellation Energy Corp 5.61% |
| United Rentals Inc 1.23% | Vistra Corp 3.55% |
| General Motors Co 1.21% | NRG Energy Inc 2.18% |
| SLB Ltd 1.21% | Atmos Energy Corp 2.03% |
| Simon Property Group Inc 1.20% | Evergy Inc 1.41% |
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 | XLU State Street(R) Utilities Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | State Street |
| What it is | Mid-Cap Value | Utilities |
| Total return, 1 year | +20.2% | +2.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +2.7 pts | −15.1 pts |
| Expense ratio | 0.05% | 0.08% |
| Already in the S&P 500 | 96.6% | 100.0% |
| Holdings | 170 | 31 |
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%.
XLU in plain words
XLU is an index equity fund tracking the Utilities. Over the year to Sep 11, 2026 it returned +2.4% 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 31 positions, with the top ten at 57.7%. It sat 10.0% below its high of Feb 27, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, VOE or XLU?
- In the year to Sep 12, 2026, with distributions reinvested, VOE returned +20.2% and XLU returned +2.4%, so VOE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VOE or XLU?
- VOE charges 0.05% a year and XLU charges 0.08%, so VOE is cheaper. Fees come from each fund's prospectus.
- How much do VOE and XLU overlap with the S&P 500?
- By their latest filed holdings, 97% of VOE and 100% of XLU by weight is stocks the S&P 500 already holds. Between the two funds, 13% 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 XLU, data as of Sep 12, 2026. https://etfiq.com/compare/any/VOE-XLU Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources