VPU holdings and overlap

Vanguard Utilities ETF (VPU) holds 66 positions in its SEC Form N-PORT for the period ended 2026-05-31, filed 2026-07-29. Its three largest are NextEra Energy (NEE) at 11.79%, Southern (SO) at 6.67% and Duke Energy (DUK) at 6.28%, and its ten largest make up 52.5% of the fund.

In its SEC Form N-PORT for the period ended 2026-05-31, filed 2026-07-29, VPU is 99.6% utilities by sector, with none of it in mega-cap tech or in the ten largest US companies by market value.

Edited by VoidLab Data through Last revised

View as Markdown What changed
Connect your agent Copies a setup prompt
VPUVanguard Utilities ETFUtilities, Vanguard, 66 positions
Last close, 2026-10-28
$183.81 -0.80%
52-week range 170 to 206
Largest position, N-PORT 2026-05-31
NEE
11.79% of the ETF, NextEra Energy
Positions, N-PORT 2026-05-31
66
52.5% in the ten largest
Cost per year
0.09%
$9 a year on $10,000
Assets
$9.5B
the whole fund, all share classes
Return, 3 years
+50.4%
cumulative, total return
Worst fall
-15.0%
peak to trough, 3 years, weekly closes

What does VPU hold, from its SEC Form N-PORT for the period ended 2026-05-31?

VPU spreads its weight across 66 positions, against a median of 46 across the 5 Utilities funds with a page here. VPU is the 2nd largest of those 5 funds by assets, at $9.5 billion.

RankCompanyWeightWeight bar
1 NEE NextEra Energy 11.79%
2 SO Southern 6.67%
3 DUK Duke Energy 6.28%
4 CEG Constellation Energy 5.83%
5 AEP American Electric Power 4.45%
6 SRE Sempra 3.83%
7 D Dominion Energy 3.76%
8 VST Vistra 3.57%
9 ETR Entergy 3.21%
10 XEL Xcel Energy 3.09%
11 EXC Exelon 3.03%
12 PEG Public Service Enterprise Group 2.58%
13 ED Consolidated Edison 2.51%
14 WEC WEC Energy Group 2.38%
15 PCG PG&E 2.36%
16 DTE DTE Energy 1.95%
17 AEE Ameren 1.92%
18 CNP CenterPoint Energy 1.82%
19 ATO Atmos Energy 1.8%
20 NRG NRG Energy 1.78%
21 EIX Edison International 1.77%
22 PPL PPL 1.72%
23 ES Eversource Energy 1.69%
24 FE FirstEnergy 1.68%
25 AWK American Water Works 1.48%
26 CMS CMS Energy 1.45%
27 NI NiSource 1.45%
28 EVRG Evergy 1.24%
29 LNT Alliant Energy 1.11%
30 TLN Talen Energy 0.99%
31 PNW Pinnacle West Capital 0.79%
32 AES AES 0.69%
33 WTRG Essential Utilities 0.69%
34 OGE OGE Energy 0.64%
35 IDA IDACORP 0.5%
36 UGI UGI 0.49%
37 NFG National Fuel Gas 0.46%
38 ORA Ormat Technologies 0.44%
39 OKLO Oklo 0.39%
40 TXNM TXNM Energy 0.38%
41 POR Portland General Electric Co 0.37%
42 NJR NewJersey Resources 0.37%
43 BKH Black Hills 0.36%
44 SWX Southwest Gas 0.35%
45 CWEN Clearway Energy 0.32%
46 SR Spire 0.32%
47 OGS ONE Gas 0.31%
48 NWE NorthWestern Energy Group 0.29%
49 MDU MDU Resources Group 0.27%
50 AVA Avista 0.22%
51 OTTR Otter Tail 0.22%
52 AWR American States Water 0.2%
53 CPK Chesapeake Utilities 0.19%
54 MGEE MGE Energy 0.18%
55 CWT California Water Service Group 0.18%
56 HE Hawaiian Electric Industries 0.15%
57 HTO H2O America 0.14%
58 NWN Northwest Natural 0.13%
59 XIFR XPLR Infrastructure 0.07%
60 MSEX Middlesex Water 0.06%
61 UTL Unitil Corp 0.06%
62 HNRG Hallador Energy 0.04%
63 CWCO Consolidated Water 0.03%
64 YORW The York Water 0.03%
65 ARTNA Artesian Resources 0.02%
66 GNE Genie Energy 0.01%

VPU's holdings are from its SEC Form N-PORT for the period ended 2026-05-31, filed 2026-07-29, 150 days before these prices; a newer filing replaces it when the nightly read of EDGAR finds one. Every one of the 66 positions VPU holds, with its weight, is in the fund's JSON file. See the other 96 ETFs with a page here that hold NEE, and how their weights compare with the 11.79% VPU gives it.

Category: Utilities, set by TickerInside from the ETF's own latest file. In its file of 2026-05-31, 100% of its stocks whose sector is known are utilities companies, each in the sector the site gives that company. How categories are set.

Use this data
JSONhttps://tickerinside.com/api/v1/fund/vpu.json
CSVhttps://tickerinside.com/api/v1/fund/vpu.csv
Sheets=IMPORTDATA("https://tickerinside.com/api/v1/fund/vpu.csv")If your sheet uses a decimal comma: =IMPORTDATA("https://tickerinside.com/api/v1/fund/vpu.csv"; ","; "en_US")
curlcurl -s https://tickerinside.com/api/v1/fund/vpu.json
API reference · spreadsheet guide Add TickerInside to Claude to ask about VPU with this data

How is VPU split by sector?

SectorWeightWeight bar
Utilities99.6%

From its SEC Form N-PORT for the period ended 2026-05-31, filed 2026-07-29. How these are measured.

What did VPU hold in its SEC reports since 2019?

VPU's largest position in its SEC filings has been NextEra Energy (NEE) since 2019-11-30: 11.28% then and 11.79% in its report for 2026-05-31, across 27 quarterly reports.

Largest in 2019
NEE
11.28% on 2019-11-30
Largest in 2026
NEE
11.79% on 2026-05-31
Ten largest
52.5%
53.0% in 2019
Quarterly reports
27
since 2019, SEC Form N-PORT
ReportPositionsLargestTop 10
2019-11-3064NEE 11.28%53.0%
2020-11-3061NEE 14.60%56.1%
2021-11-3060NEE 15.89%55.2%
2022-11-3061NEE 14.30%52.6%
2023-11-3061NEE 11.55%52.1%
2024-11-3066NEE 11.66%52.9%
2025-11-3067NEE 11.49%53.2%
2026-05-3166NEE 11.79%52.5%

The first report, then the last of each year, of the 27 reports VPU filed on SEC Form N-PORT from 2019-11-30 to 2026-05-31, each company under its ticker today. Every position of every report is in its quarterly file, and at any date at /api/v1/history/vpu/{date}.json. How these are read.

What does VPU duplicate?

The ETF nearest to VPU is XLU: the two hold 88.9% of their weight in common, in the 31 companies both own, and 90.1% of VPU itself is also held there. Owning VPU alongside the ETFs at the top of this table means holding mostly the same companies twice.

ETFOverlap by weightOf VPU held thereOf that ETF in VPUCompanies in bothOverlap bar
XLU 88.9% 90.1% 100.0% 31
IDU 88.5% 94.9% 89.2% 40
RSPU 69.0% 90.1% 100.0% 31
JXI 61.4% 90.1% 61.6% 31
POWR 51.2% 85.9% 51.2% 38
SPLV 26.5% 72.3% 27.2% 24
IGF 25.5% 60.9% 25.6% 13
DVY 21.2% 56.5% 22.5% 25
AIPO 16.1% 26.2% 16.5% 13
SDY 13.1% 37.7% 13.1% 21
SPHD 13.0% 22.9% 14.1% 9
VOE 12.6% 49.5% 12.7% 21

VPU's holdings are from its SEC Form N-PORT for the period ended 2026-05-31, filed 2026-07-29. AIPO's holdings are from its SEC Form N-PORT for the period ended 2026-08-31, filed 2026-10-26. VOE's holdings are from its SEC Form N-PORT for the period ended 2026-06-30, filed 2026-08-28. The other ETFs' holdings are from their issuers' latest files. Check VPU against any ETF in the ETF overlap calculator · how overlap is measured.

What adds something different to VPU?

SOXX shares 0% of weight with VPU and its weekly returns correlate with it at 0.08 over three years. The table lists the covered ETFs with the least in common with VPU, least shared weight first and, among equals, lowest correlation.

ETFNameOverlap by weightCorrelation, 3yCompanies in both
SOXX iShares Semiconductor ETF 0.0% 0.08 0
MCHI iShares MSCI China ETF 0.0% 0.17 0
XT iShares Future Exponential Technologies ETF 0.0% 0.17 0
RING iShares MSCI Global Gold Miners ETF 0.0% 0.24 0
PICK iShares MSCI Global Metals & Mining Producers ETF 0.0% 0.27 0
PFF iShares Preferred and Income Securities ETF 0.0% 0.31 0
SCZ iShares MSCI EAFE Small-Cap ETF 0.0% 0.35 0
USRT iShares Core U.S. REIT ETF 0.0% 0.56 0

VPU's holdings are from its SEC Form N-PORT for the period ended 2026-05-31, filed 2026-07-29. The other ETFs' holdings are from their issuers' latest files.

Cost, returns and risk

Expense ratio0.09%
Dividend yield3.04%
Total return, 1 year-2.1%
Total return, 3 years cumulative50.4%
Total return, 5 years cumulative45.5%
Volatility, annualised14.7%
Worst fall, 3 years-15.0%
Beta against SPY, 3 years of weekly returns0.21
Weight in the ten largest positions52.5%
Largest single position11.8%
Assets, whole fund across share classes$9.5B

Expense ratio, yield and assets are reference data (the expense ratio from VPU's SEC filing of 2026-06-30); the weight in the ten largest positions and the largest single position are from VPU's SEC Form N-PORT for the period ended 2026-05-31; every other figure is computed here from weekly closes.

How it moves with the market

AgainstCorrelation, 3 yearsCovariance, annualised, in percent squared
SPY0.20barely linked40
QQQ0.05barely linked14

Weekly total returns. What the bands mean · why the covariance is printed.

Year by year

YearTotal return
20261.4%
202516.5%
202423.0%
2023-7.4%
20221.1%

One year

VPU 97 SPY 116
2025-11-072026-10-30
VPU rebased to 100 a year ago, weekly closes, prices through 2026-10-28.

Where to go next

Holdings from VPU's SEC Form N-PORT for the period ended 2026-05-31, filed 2026-07-29. Prices through 2026-10-28. How every figure here is produced. Measurements, not investment advice.

Cite this page

TickerInside, Vanguard Utilities ETF (VPU), holdings from SEC Form N-PORT for the period ended 2026-05-31, filed 2026-07-29, https://tickerinside.com/etf/vpu/, CC BY 4.0

<a href="https://tickerinside.com/etf/vpu/">TickerInside</a> (https://tickerinside.com/etf/vpu/)