VDE vs EMLP overlap
VDE and EMLP overlap 9.3% by weight, across 8 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (VDE: May 31, 2026, EMLP: July 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | VDE | EMLP | Overlap |
|---|---|---|---|
| Kinder Morgan inKMI | 2.60% | 3.67% | 2.60% |
| Oneok Inc.OKE | 2.21% | 2.25% | 2.21% |
| Cheniere EnergyLNG | 2.06% | 1.67% | 1.67% |
| Targa ResourcesTRGP | 2.30% | 1.19% | 1.19% |
| DT MidstreamDTM | 0.62% | 0.93% | 0.62% |
| Williams COS Inc.WMB | 3.63% | 0.47% | 0.47% |
| Archrock Inc.AROC | 0.27% | 0.49% | 0.27% |
| Plains GP HOLD-aPAGP | 0.24% | 4.24% | 0.24% |
Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: VDE, SEC Form N-PORT, May 31, 2026; EMLP, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | VDE | EMLP |
|---|---|---|
| Morgan Stanley | $211.8M | $786.2M |
| Bank of America Corp. | $368.0M | $111.0M |
| LPL Financial LLC | $126.9M | $118.5M |
| Wells Fargo & Company | $135.7M | $104.3M |
| UBS Group AG | $147.9M | $59.1M |
| Royal Bank of Canada | $79.6M | $61.4M |
| Cresset Asset Management, LLC | $1.9M | $130.9M |
| Wealthspire Advisors, LLC | $968K | $90.4M |
| Envestnet Asset Management Inc. | $73.6M | $12.9M |
| Raymond James Financial Inc. | $31.9M | $40.4M |
| Rockefeller Capital Management L.P. | $20.9M | $44.5M |
| Cambridge Investment Research Advisors, Inc. | $39.9M | $22.5M |
| Stifel Financial Corp. | $46.9M | $10.7M |
| Cetera Investment Advisers | $39.0M | $14.8M |
| Commonwealth Equity Services, LLC | $14.1M | $39.5M |
This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.
Who owns them: VDE institutional holders, EMLP institutional holders.
Frequently asked questions
How much do VDE and EMLP overlap?
9.3% by weight, with 8 holdings in common, using holdings for VDE as of May 31, 2026 and EMLP as of July 31, 2026. The largest shared position is KMI.
Do institutions hold both VDE and EMLP?
210 Form 13F filers report positions in both, out of 924 that report either one.
How is overlap by weight worked out?
For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.