XLU vs GDX overlap
XLU and GDX overlap 0.0% by weight, across 0 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
These funds hold nothing in common.
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: XLU, SEC Form N-PORT, June 30, 2026; GDX, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | XLU | GDX |
|---|---|---|
| Morgan Stanley | $997.4M | $1.2B |
| Bank of America Corp. | $1.3B | $682.0M |
| Bank of Montreal | $78.9M | $1.8B |
| JPMorgan Chase & Co | $1.0B | $150.5M |
| UBS Group AG | $432.4M | $623.7M |
| LPL Financial LLC | $690.4M | $269.0M |
| Wells Fargo & Company | $605.2M | $195.0M |
| Goldman Sachs Group Inc. | $274.9M | $426.7M |
| Royal Bank of Canada | $298.0M | $232.8M |
| BNP Paribas Financial Markets | $357.7M | $109.6M |
| Raymond James Financial Inc. | $345.1M | $103.7M |
| Ameriprise Financial Inc. | $388.9M | $58.4M |
| Citigroup Inc. | $74.5M | $313.8M |
| Envestnet Asset Management Inc. | $308.3M | $35.2M |
| D. E. Shaw & Co., Inc. | $47.2M | $280.4M |
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: XLU institutional holders, GDX institutional holders.
Frequently asked questions
How much do XLU and GDX overlap?
0.0% by weight, with 0 holdings in common, using holdings for XLU as of June 30, 2026 and GDX as of June 30, 2026.
Do institutions hold both XLU and GDX?
662 Form 13F filers report positions in both, out of 2,035 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%.