Get the weekly note

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

VPU vs XOP: how they differ

VPU and XOP hold 0% of their weight in the same names, and XOP returned more over the year.

Vanguard Utilities Index Fund and State Street(R) SPDR(R) S&P(R) Oil & Gas Exploration & Production ETF.

What they hold in common

By the books each fund has filed, VPU and XOP hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in VPUOnly in XOP
NextEra Energy Inc 11.84%Texas Pacific Land Corp 3.17%
Southern Co/The 6.70%PBF Energy Inc 2.91%
Duke Energy Corp 6.31%Delek US Holdings Inc 2.81%
Constellation Energy Corp 5.86%Expand Energy Corp 2.80%
American Electric Power Co Inc 4.47%CNX Resources Corp 2.78%
Sempra 3.85%EQT Corp 2.75%
Dominion Energy Inc 3.78%Valero Energy Corp 2.75%
Vistra Corp 3.59%Antero Resources Corp 2.68%

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.

VPU and XOP on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
VPU
Vanguard Utilities Index Fund
XOP
State Street(R) SPDR(R) S&P(R) Oil & Gas Exploration & Production ETF
Where it sitsCore index fundCore index fund
IssuerVanguardState Street
What it isUtilitiesSPDR S&P Oil & Gas Exploration & Production
Total return, 1 year+2.1%+52.4%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−15.4 pts+34.9 pts
Expense ratio0.09%0.35%
Holdings6651

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.

XOP in plain words

XOP is a commodity fund tracking the SPDR S&P Oil & Gas Exploration & Production. Over the year to Sep 11, 2026 it returned +52.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. It sat 26.8% below its high of Jun 23, 2014 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, VPU or XOP?
In the year to Sep 12, 2026, with distributions reinvested, VPU returned +2.1% and XOP returned +52.4%, so XOP returned more. One year is one year; the longer windows are in the table.
Which is cheaper, VPU or XOP?
VPU charges 0.09% a year and XOP charges 0.35%, so VPU is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where to next

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.

VPU against XOP, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, VPU against XOP, data as of Sep 12, 2026. https://etfiq.com/compare/any/VPU-XOP Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources