Vanguard Utilities Index Fund ETF Shares (VPU)

Look-through valuation · Sector · Expense ratio 0.10 % · ISIN US92204A8760

VPU Vanguard Utilities Index Fund ETF Shares VPU overvalued

Holdings vs fair value −38.5 % weighted average

Quality 52/100 avg alpha quality

Expense ratio 0.10 % per year (TER)

Fund size $ 8.5B yield 2.64 %

The look-through covers 98 % of the fund by weight (62 of 68 disclosed positions valued). Unresolved positions are left out, never estimated.

Price history (since 2004)

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

Top holdings

Holding	Weight	vs fair value	Quality
Nextera Energy Inc NEE	11.7 %	−63.0 %	54
Southern Company SO	6.9 %	−35.5 %	51
Duke Energy Corporation DUK	6.3 %	−21.9 %	52
Constellation Energy Corp CEG	4.9 %	−65.5 %	45
American Electric Power Co Inc AEP	4.7 %	−40.1 %	65
Sempra Energy SRE	3.9 %	−48.5 %	56
Dominion Energy Inc D	3.8 %	−33.9 %	57
Vistra Corp. VST	3.4 %	−70.3 %	37
Entergy Corporation ETR	3.4 %	−52.8 %	52
Xcel Energy Inc XEL	3.2 %	−42.2 %	52
Exelon Corporation EXC	3.0 %	−8.7 %	48
Consolidated Edison Inc ED	2.6 %	−43.0 %	56
Public Service Enterprise Group Inc PEG	2.6 %	−49.6 %	52
WEC Energy Group Inc WEC	2.4 %	−34.3 %	51
PG&E Corp PCG	2.4 %	+6.5 %	46
DTE Energy Company DTE	2.0 %	−27.6 %	54
Ameren Corp AEE	2.0 %	−33.4 %	52
NRG Energy Inc. NRG	1.9 %	−59.4 %	46
CenterPoint Energy Inc CNP	1.8 %	−46.7 %	50
Edison International EIX	1.8 %	+106.3 %	64
Atmos Energy Corporation ATO	1.8 %	−51.0 %	49
PPL Corporation PPL	1.7 %	−34.9 %	51
Eversource Energy ES	1.7 %	−8.4 %	49
FirstEnergy Corporation FE	1.7 %	−50.3 %	51
American Water Works AWK	1.5 %	−49.1 %	45

Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 68 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 Utilities 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.