ATLASVanguard Utilities ETF (VPU): outlook, holdings and fees
Vanguard Utilities ETF (VPU) is an exchange-traded fund and is managed by Vanguard. The expense ratio is 0.09% and the yield is 3.14%. The ten largest holdings are 53% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on VPU
| Last price | $188.06 (+0.3%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 55% |
| Likely 1-month range (50%) | $183.68 – $194.37 |
| Normal 1-day range (±1σ) | ±1.0% |
| Distribution yield | 3.14% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
VPU fund facts
| Issuer | Vanguard |
|---|---|
| Theme | Utilities |
| Assets under management | $8.0B |
| Expense ratio | 0.09% |
| Number of holdings | 50 |
| Portfolio turnover | 4% |
| Inception | Jan 26, 2004 |
| Exchange | NYSE |
The fund employs an indexing investment approach designed to track the performance of the index, an index made up of stocks of large, mid-size, and small U.S. companies within the utilities sector, as classified under the GICS. The Advisor attempts to replicate the target index by seeking to invest all, or substantially all, of its assets in the stocks that make up the index, in order to hold each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.
VPU top holdings
| Holding | Sector | Weight |
|---|---|---|
| Nextera Energy Inc NEE | Utilities | 12.06% |
| Southern Company SO | Utilities | 6.67% |
| Duke Energy Corporation DUK | Utilities | 6.53% |
| Constellation Energy Corp CEG | Utilities | 5.90% |
| American Electric Power Co Inc AEP | Utilities | 4.34% |
| Dominion Energy Inc D | Utilities | 4.02% |
| Sempra Energy SRE | Utilities | 3.79% |
| Entergy Corporation ETR | Utilities | 3.45% |
| Xcel Energy Inc XEL | Utilities | 3.20% |
| Vistra Corp. VST | Utilities | 3.04% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
VPU sector breakdown
| Sector | Weight |
|---|---|
| Utilities | 99.3% |
| Energy | 0.5% |
| Industrials | 0.3% |
By region: North America 100.0%.
VPU returns and risk
| Year to date | -1.2% |
|---|---|
| 1 year | -6.4% |
| 3 years (annualised) | +16.7% |
| 5 years (annualised) | +8.1% |
| 10 years (annualised) | +9.3% |
| Volatility (3 years) | 14.7% |
| Sharpe ratio (3 years) | 0.61 |
Past returns do not guarantee future results.
VPU: frequently asked questions
What does VPU invest in?
Vanguard Utilities ETF invests in a portfolio of securities. Its largest holdings are Nextera Energy Inc (12.1%), Southern Company (6.7%), Duke Energy Corporation (6.5%), Constellation Energy Corp (5.9%), American Electric Power Co Inc (4.3%).
What is the VPU expense ratio?
0.09% a year: about $9.00 for every $10,000 invested.
What is the VPU dividend yield?
3.14%. ATLAS does not hold the exact distribution dates for ETFs.
Will VPU go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 55%, with a likely range (50%) of $183.68 to $194.37 from $188.06 today. It is a probability, not a prediction.
How has VPU performed?
Year to date -1.2%, one year -6.4%, three years +16.7% a year, five years +8.1% a year. Past returns do not guarantee future results.
Similar ETFs: Utilities
- State Street Utilities Select Sector SPDR ETF (XLU)
- Fidelity MSCI Utilities Index ETF (FUTY)
- iShares U.S. Utilities ETF (IDU)
- Virtus Reaves Utilities ETF (UTES)
- First Trust Utilities AlphaDEX Fund (FXU)
- Invesco S&P 500 Equal Weight Utilities ETF (RSPU)
- iShares Global Utilities ETF (JXI)
- Invesco S&P 500 Equal Weight Utilities ETF (RYU)
Educational information, not investment advice. Disclaimer