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Vanguard Energy Index Fund ETF Shares (VDE)

Look-through valuation · Sector · Expense ratio 0.10 % · ISIN US92204A3068

VDE Vanguard Energy Index Fund ETF Shares VDE overvalued
Holdings vs fair value −41.3 % weighted average
Quality 60/100 avg alpha quality
Expense ratio 0.10 % per year (TER)
Fund size $ 9.9B yield 2.68 %
The look-through covers 96 % of the fund by weight (92 of 103 disclosed positions valued). Unresolved positions are left out, never estimated.

Price history (since 2004)

$ 172 $ 29 Sep 2004 Jul 2026

Monthly close since 2004. Price shows performance, the valuation verdict is in the look-through above.

Top holdings

Holding Weight vs fair value Quality
Exxon Mobil Corp XOM 21.6 % −37.5 % 60
Chevron Corp CVX 13.5 % −50.1 % 59
ConocoPhillips COP 5.5 % −17.6 % 60
Williams Companies Inc WMB 4.0 % −79.6 % 59
Valero Energy Corporation VLO 3.5 % −56.5 % 73
Marathon Petroleum Corp MPC 3.4 % −54.6 % 71
EOG Resources Inc EOG 3.1 % −5.3 % 66
Schlumberger NV SLB 3.1 % −36.3 % 56
Phillips 66 PSX 3.0 % −48.5 % 69
Kinder Morgan Inc KMI 2.7 % −65.5 % 64
Targa Resources Inc TRGP 2.5 % −71.4 % 69
ONEOK Inc OKE 2.4 % −29.6 % 45
Baker Hughes Co BKR 2.4 % −41.4 % 62
Cheniere Energy Inc LNG 2.2 % −17.5 % 61
Devon Energy Corporation DVN 2.1 % −37.0 % 57
Diamondback Energy Inc FANG 1.5 % −52.5 % 44
EQT Corporation EQT 1.5 % −26.0 % 44
Occidental Petroleum Corporation OXY 1.4 % −42.9 % 53
Halliburton Company HAL 1.3 % −39.0 % 62
TechnipFMC PLC FTI 1.2 % −61.9 % 79
Texas Pacific Land Corporation TPL 1.0 % −80.0 % 71
Chesapeake Energy Corporation CHK 1.0 % n/a n/a
Ovintiv Inc OVV 0.7 % −9.7 % 58
DT Midstream Inc DTM 0.7 % −68.8 % 66
Permian Resources Corporation YZ8 0.6 % n/a n/a

Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 103 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.

How the look-through works

An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Vanguard Energy Index Fund ETF Shares an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.

As of: Jul 17, 2026

No investment advice, no buy or sell recommendation. The look-through is a computed summary of public fundamentals and is no substitute for your own research.