etf overlap · little overlap
VEA vs XLE overlap
VEA and XLE hold no company in common, and their sectors barely meet (4.2% in common): VEA is 22% Financials, XLE 100% Energy.
Holdings as of August 31, 2026 · source: Vanguard (VEA), SPDR (XLE)
- same money
- same companies, extra weight
- only in this fund
What only one of them gives you
No stock in common, 4.2% in the same sectors
VEA and XLE: what people ask
How much do VEA and XLE overlap?
None by holdings, as of August 31, 2026: no company appears in both funds. By sector, 4.2% of their money sits in the same sectors, led by Energy.
Which stocks do VEA and XLE both hold?
None. VEA and XLE have no holding in common.
Is it redundant to hold both VEA and XLE?
No. Out of every $100 split evenly between them, none buys the same company. Half in each gives you 3,912 different holdings that behave like 35 equally weighted stocks, against 266 for VEA alone and 9 for XLE alone. Whether that mix suits you depends on what you want to own; this is a description, not advice.
How is ETF overlap calculated here?
For every company held by both funds we take the smaller of its two weights and add them up. The weights come from the full holdings files Vanguard and SPDR publish, not a top-10 sample, and companies are matched by their ISIN so share classes stay apart. Sector overlap applies the same rule to the issuers' sector labels; "behaves like N equally weighted stocks" is one over the sum of the squared weights.
Weights come from each issuer's published holdings file and are matched company by company on their ISIN. Cash, futures and currency positions are left out. This page describes what the funds hold; it is not investment advice.