VANGUARD ENERGY INDEX FUND
U.S. stock index ETF · tracks MSCI US Investable Market Index (IMI)/Energy 25/50
As of its 2026 Q2 report, VANGUARD ENERGY INDEX FUND held 110 positions with $11.79B in net assets. Its ten largest holdings made up 63.7% of the fund. The VDE share class costs 0.09% a year. Over the 12 months to May 2026, VDE returned 43.4%, with dividends reinvested. In 2026 Q2 it added 2 new positions and exited 2.
Vanguard Energy Index Fund (the Fund) seeks to track the performance of a benchmark index that measures the investment return of energy stocks.
The fund tracks the MSCI US Investable Market Index (IMI)/Energy 25/50 by holding all or substantially all of its stocks in the same proportions as the index, which covers large, mid-size, and small U.S. energy companies engaged in exploration, production, refining, marketing, transportation, and equipment and services for oil, gas, and coal. As a nondiversified fund, it may invest a greater percentage of its assets in particular issuers than diversified funds do.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
21.27% | $2.51B | 17.3M | $145.26 | |
CVXChevron Corp | 14.46% | $1.70B | 9.3M | $182.46 |
5.76% | $679.21M | 6.0M | $113.98 | |
3.63% | $428.08M | 6.0M | $71.39 | |
SLBSLB Ltd | 3.47% | $409.60M | 7.5M | $54.55 |
3.27% | $385.46M | 1.5M | $248.77 | |
3.17% | $374.28M | 1.5M | $244.82 | |
3.05% | $359.09M | 2.7M | $133.38 | |
PSXPhillips 66 | 2.97% | $350.05M | 2.0M | $175.88 |
2.64% | $310.93M | 4.9M | $63.88 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
All 110 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.51% |
| Cash & short-term | 0.16% |
| Derivatives | -0.01% |
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
By sector
- Energy
- 99.6%
- Other
- 0.2%
- Cash
- 0.2%
How it has done
VDE share class · total returns with dividends reinvested
Volatility over the last 12 months: 20.25%. Past returns are a record, not a forecast.
The 2 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.09% | +43.36% | +64.80% | +160.82% | -15.19% | |
| 0.09% | +43.36% | +64.78% | +160.61% | -15.18% |
These classes hold the same portfolio, so the 0.21pp spread over 5 years is the cost difference between them — roughly 0.04pp a year — not a difference in what they own.
Fees & fund details
VANGUARD ENERGY INDEX FUND is a U.S. equity index ETF that tracks the MSCI US Investable Market Index (IMI)/Energy 25/50. 12% of VDE’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 99% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Features
- Non-diversified
- Expense ratio, by class
- 0.09% – 0.09%· VDE 0.09%
- Portfolio turnover
- 11.00% a year · as of 2026 Q2
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
2 new· not itemized for this fund
2 exited· the largest 1
Understand how this fund fits with the rest.
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