BBUS vs RWL: Holdings Overlap
BBUSJpmorgan Betabuilders U.S. Equity ETF
JPMorgan · 494 holdings · $8.9B · as of 2026-04-30
RWLInvesco S&P 500 Revenue ETF
Invesco · 502 holdings · $9.8B · as of 2026-05-31
Holdings snapshots are 31 days apart (BBUS: 2026-04-30, RWL: 2026-05-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are BBUS and RWL?
Jpmorgan Betabuilders U.S. Equity ETF (BBUS, by JPMorgan) holds 494 positions; Invesco S&P 500 Revenue ETF (RWL, by Invesco) holds 502. They have 430 holdings in common, and by portfolio weight the two funds are 57.0% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 57.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 430BBUS holds 494 · RWL holds 502
- Weight in Shared Holdings
- BBUS 97%·RWL 96%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in BBUS
64 of 494 positions (2.5% of the fund) are not held by RWL. Showing the top 30 by weight.
Sector Breakdown
| Sector | BBUS | RWL |
|---|---|---|
| Information Technology | 34.4% | 15.4% |
| Health Care | 8.5% | 19.3% |
| Financials | 12.0% | 15.1% |
| Consumer Discretionary | 10.0% | 12.1% |
| Communication Services | 11.4% | 7.2% |
| Other Sectors | 23.2% | 30.7% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| BBUS | +3.5% | +13.7% | +23.1% | +21.3% | +12.9% | — | 0.98% |
| RWL | +3.1% | +17.9% | +31.3% | +19.4% | +14.1% | +14.1% | 1.20% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in BBUS vs RWL →
Shared Holdings(430)
The top 10 shared positions account for 29% of the overlap, led by AMZN, AAPL and MSFT.
 AMZNAmazon.com, Inc. | 4.19% | 4.47% | 4.19% |
|---|---|---|---|
 AAPLApple, Inc. | 6.41% | 2.55% | 2.55% |
 MSFTMicrosoft Corp. | 4.88% | 1.66% | 1.66% |
 BRK-BBerkshire Hathaway, Inc., Class B | 1.40% | 1.75% | 1.40% |
 JPMJPMorgan Chase & Co. | 1.36% | 1.43% | 1.36% |
 GOOGLAlphabet, Inc., Class A | 3.61% | 1.22% | 1.22% |
 GOOGAlphabet, Inc., Class C | 3.11% | 1.20% | 1.20% |
 NVDANVIDIA Corp. | 7.53% | 1.20% | 1.20% |
 XOMExxon Mobil Corp. | 1.03% | 1.52% | 1.03% |
 METAMeta Platforms, Inc., Class A | 2.16% | 0.95% | 0.95% |
 WMTWalmart, Inc. | 0.91% | 3.27% | 0.91% |
 COSTCostco Wholesale Corp. | 0.73% | 1.35% | 0.73% |
 INTCIntel Corp. | 0.66% | 0.62% | 0.62% |
 CVXChevron Corp. | 0.58% | 0.86% | 0.58% |
 BACBank of America Corp. | 0.57% | 1.02% | 0.57% |
 UNHUnitedHealth Group, Inc. | 0.54% | 2.92% | 0.54% |
 HDHome Depot, Inc. (The) | 0.53% | 0.73% | 0.53% |
 TSLATesla, Inc. | 1.73% | 0.50% | 0.50% |
 MUMicron Technology, Inc. | 0.94% | 0.48% | 0.48% |
 GSGoldman Sachs Group, Inc. (The) | 0.45% | 0.77% | 0.45% |
 CSCOCisco Systems, Inc. | 0.58% | 0.45% | 0.45% |
 AVGOBroadcom, Inc. | 3.13% | 0.44% | 0.44% |
 JNJJohnson & Johnson | 0.89% | 0.43% | 0.43% |
 AMDAdvanced Micro Devices, Inc. | 0.93% | 0.43% | 0.43% |
 ORCLOracle Corp. | 0.44% | 0.41% | 0.41% |
Showing the top 250 of 430 shared holdings by overlap weight.
Frequently Asked Questions
How much do BBUS and RWL overlap?
BBUS and RWL overlap by 57.0% of portfolio weight. They share 430 holdings (BBUS holds 494 positions and RWL holds 502), based on each fund's latest SEC-reported holdings.
Is it redundant to own both BBUS and RWL?
The two portfolios are 57.0% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of BBUS and RWL?
The largest positions held by both funds are AMZN, AAPL, MSFT, BRK-B and JPM. Together the top 10 shared positions account for 29% of the total overlap.
What does BBUS own that RWL doesn't?
64 positions (2.5% of BBUS) are unique to BBUS, led by MRVL, MELI and BE. In the other direction, 72 positions (3.5% of RWL) are unique to RWL.