XLU vs XLP overlap
XLU and XLP 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; XLP, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | XLU | XLP |
|---|---|---|
| Bank of America Corp. | $1.3B | $1.5B |
| Morgan Stanley | $997.4M | $806.0M |
| JPMorgan Chase & Co | $1.0B | $793.9M |
| LPL Financial LLC | $690.4M | $297.2M |
| Goldman Sachs Group Inc. | $274.9M | $676.2M |
| UBS Group AG | $432.4M | $469.2M |
| Wells Fargo & Company | $605.2M | $265.2M |
| BNP Paribas Financial Markets | $357.7M | $485.0M |
| Barclays PLC | $115.1M | $538.4M |
| Citigroup Inc. | $74.5M | $570.5M |
| Ameriprise Financial Inc. | $388.9M | $112.6M |
| Raymond James Financial Inc. | $345.1M | $155.4M |
| Royal Bank of Canada | $298.0M | $101.8M |
| Menora Mivtachim Holdings Ltd. | $244.6M | $148.2M |
| Envestnet Asset Management Inc. | $308.3M | $68.8M |
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, XLP institutional holders.
Frequently asked questions
How much do XLU and XLP overlap?
0.0% by weight, with 0 holdings in common, using holdings for XLU as of June 30, 2026 and XLP as of June 30, 2026.
Do institutions hold both XLU and XLP?
928 Form 13F filers report positions in both, out of 1,892 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%.