Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VOO vs VPU: how they differ
VOO and VPU hold 2% of their weight in the same names, and VOO returned more over the year.
Vanguard 500 Index Fund and Vanguard Utilities Index Fund.
What they hold in common
By the books each fund has filed, VOO and VPU hold 2% of their money in the same securities at the same weight.
| Holding | VOO | VPU |
|---|---|---|
| NextEra Energy Inc | 0.28% | 11.84% |
| Southern Co/The | 0.17% | 6.70% |
| Duke Energy Corp | 0.15% | 6.31% |
| Constellation Energy Corp | 0.12% | 5.86% |
| American Electric Power Co Inc | 0.12% | 4.47% |
| Sempra | 0.09% | 3.85% |
| Dominion Energy Inc | 0.09% | 3.78% |
| Entergy Corp | 0.08% | 3.22% |
| Vistra Corp | 0.08% | 3.59% |
| Xcel Energy Inc | 0.08% | 3.11% |
| Exelon Corp | 0.07% | 3.05% |
| Consolidated Edison Inc | 0.06% | 2.52% |
| Only in VOO | Only in VPU |
|---|---|
| NVIDIA Corp 7.53% | Talen Energy Corp 0.99% |
| Apple Inc 6.61% | Essential Utilities Inc 0.69% |
| Microsoft Corp 4.31% | OGE Energy Corp 0.64% |
| Amazon.com Inc 3.63% | IDACORP Inc 0.50% |
| Alphabet Inc 3.26% | UGI Corp 0.50% |
| Broadcom Inc 2.78% | National Fuel Gas Co 0.46% |
| Alphabet Inc 2.60% | Ormat Technologies Inc 0.44% |
| Micron Technology Inc 2.02% | Oklo Inc 0.39% |
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 and May 31, 2026.
| VOO Vanguard 500 Index Fund | VPU Vanguard Utilities Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | Vanguard |
| What it is | S&P 500 | Utilities |
| Total return, 1 year | +17.6% | +2.1% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +0.1 pts | −15.4 pts |
| Expense ratio | 0.03% | 0.09% |
| Already in the S&P 500 | 100.0% | 90.1% |
| Holdings | 506 | 66 |
VOO in plain words
VOO is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% 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 506 positions, with the top ten at 36.5%.
VPU in plain words
VPU is an index equity fund tracking the Utilities. Over the year to Sep 11, 2026 it returned +2.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for May 31, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 66 positions, with the top ten at 52.7%. It sat 9.8% below its high of Feb 27, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, VOO or VPU?
- In the year to Sep 12, 2026, with distributions reinvested, VOO returned +17.6% and VPU returned +2.1%, so VOO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VOO or VPU?
- VOO charges 0.03% a year and VPU charges 0.09%, so VOO is cheaper. Fees come from each fund's prospectus.
- How much do VOO and VPU overlap with the S&P 500?
- By their latest filed holdings, 100% of VOO and 90% of VPU by weight is stocks the S&P 500 already holds. Between the two funds, 2% 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, VOO against VPU, data as of Sep 12, 2026. https://etfiq.com/compare/any/VOO-VPU Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources