CGBL vs SPGP: Holdings Overlap
CGBLCapital Group Core Balanced ETF
Capital Group · 73 holdings · $7.5B · as of 2026-03-31
Invesco · 73 holdings · $2.3B · as of 2026-04-30
Holdings snapshots are 30 days apart (CGBL: 2026-03-31, SPGP: 2026-04-30). 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 CGBL and SPGP?
Capital Group Core Balanced ETF (CGBL, by Capital Group) holds 73 positions; Invesco S&P 500 GARP ETF (SPGP, by Invesco) holds 73. They have 16 holdings in common, and by portfolio weight the two funds are 11.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 11.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 16CGBL holds 73 · SPGP holds 73
- Weight in Shared Holdings
- CGBL 15%·SPGP 22%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 CGBL
57 of 73 positions (83.2% of the fund) are not held by SPGP. Showing the top 30 by weight.
Sector Breakdown
| Sector | CGBL | SPGP |
|---|---|---|
| Financials | 9.0% | 25.7% |
| Industrials | 10.2% | 18.1% |
| Consumer Discretionary | 5.8% | 18.0% |
| Information Technology | 16.3% | 18.0% |
| Energy | 1.6% | 7.1% |
| Other Sectors | 19.2% | 13.1% |
| Unclassified | 36.1% | 0.0% |
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. “Unclassified” is weight we could not classify (37% of CGBL, 0% of SPGP).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| CGBL | +2.1% | +9.5% | +16.6% | — | — | — | 1.83% |
| SPGP | +3.2% | +13.3% | +20.4% | +12.0% | +8.3% | +15.2% | 0.79% |
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 CGBL vs SPGP →
Shared Holdings(16)
The top 10 shared positions account for 77% of the overlap, led by NVDA, GOOG and META.
 NVDANVIDIA Corp. | 1.33% | 2.72% | 1.33% |
|---|---|---|---|
 GOOGAlphabet Inc., Class C | 2.49% | 1.15% | 1.15% |
 METAMeta Platforms, Inc., Class A | 1.21% | 1.02% | 1.02% |
 MAMastercard Inc., Class A | 0.85% | 1.04% | 0.85% |
 VVisa Inc., Class A | 0.84% | 0.97% | 0.84% |
 PHParker-Hannifin Corp. | 0.79% | 0.98% | 0.79% |
 MSFTMicrosoft Corp. | 2.78% | 0.78% | 0.78% |
 RCLRoyal Caribbean Cruises Ltd. | 0.73% | 2.02% | 0.73% |
 LLYEli Lilly and Co. | 0.68% | 1.11% | 0.68% |
 CATCaterpillar Inc. | 0.61% | 1.45% | 0.61% |
 KLACKLA Corp. | 0.49% | 1.38% | 0.49% |
 AXPAmerican Express Co. | 0.46% | 1.13% | 0.46% |
 URIUnited Rentals, Inc. | 0.46% | 1.54% | 0.46% |
 DRIDarden Restaurants, Inc. | 0.45% | 1.28% | 0.45% |
 FISVFiserv, Inc. | 0.42% | 1.09% | 0.42% |
 CCLCarnival Corp. | 0.28% | 1.96% | 0.28% |
Frequently Asked Questions
How much do CGBL and SPGP overlap?
CGBL and SPGP overlap by 11.3% of portfolio weight. They share 16 holdings (CGBL holds 73 positions and SPGP holds 73), based on each fund's latest SEC-reported holdings.
Is it redundant to own both CGBL and SPGP?
The two portfolios are 11.3% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of CGBL and SPGP?
The largest positions held by both funds are NVDA, GOOG, META, MA and V. Together the top 10 shared positions account for 77% of the total overlap.
What does CGBL own that SPGP doesn't?
57 positions (83.2% of CGBL) are unique to CGBL, led by CGCP, CGCB and AVGO. In the other direction, 57 positions (78.4% of SPGP) are unique to SPGP.