VANGUARD UTILITIES INDEX FUND

VANGUARD WORLD FUND · Series S000004445 · 2 share classes

Equity fund · 100% stocks
One fund, 2 share classes:VUIAXVPU
$10.58B NAV
71 positions · as of 2026-05-31 · filed 2026-07-29
data updated 2026-09-08

Fund profile

As filed in the prospectus · 2026 Q2

Vanguard Utilities Index Fund (the Fund) seeks to track the performance of a benchmark index that measures the investment return of utilities stocks.

Strategy · summarised

The fund employs an indexing approach to track the MSCI US Investable Market Index (IMI)/Utilities 25/50, which comprises large, mid-size, and small U.S. utilities stocks including electric, gas, and water utilities, independent power producers, and renewable energy generators. It invests substantially all its assets in the stocks of the Target Index, holding each in approximately the same proportion as its weighting in the index. The fund is nondiversified, meaning it may invest a greater percentage of its assets in particular issuers than diversified funds do.

Expenses
0.09% 0.09%across 2 share classes
Share classExpense ratio
VUIAX0.09%
VPU0.09%

Portfolio turnover 6.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.86%
of net assets
Stocks99.56%
Cash & short-term0.28%
Derivatives0.01%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 4 new3 exited

Largest exited: Clearway Energy Inc

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+21.71%+48.44%+61.98%13.35%-13.38%
+21.71%+48.46%+61.87%13.35%-13.37%

These classes hold the same portfolio, so the 0.10pp spread over 5 years is the cost difference between them — roughly 0.02pp a year — not a difference in what they own.

Cumulative return· Jun 2023 – Apr 2026

May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
NextEra Energy IncNEE11.79%$1.25B
The Southern CoSO6.67%$705.50M
Duke Energy CorpDUK6.28%$664.34M
Constellation Energy CorpCEG5.83%$616.90M
American Electric Power Co IncAEP4.45%$470.91M
SempraSRE3.83%$404.92M
Dominion Energy IncD3.76%$397.87M
Vistra CorpVST3.57%$377.89M
Entergy CorpETR3.21%$338.99M
Xcel Energy IncXEL3.10%$327.34M
Showing 10 of 71Sign in to see more

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.

Top 10 positions are 52.49% of net assets, top 25 82.97%, across 68 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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