CGBL vs SPHQ: Holdings Overlap
CGBLCapital Group Core Balanced ETF
Capital Group · 73 holdings · $7.5B · as of 2026-03-31
SPHQInvesco S&P 500 Quality ETF
Invesco · 99 holdings · $20.0B · as of 2026-04-30
Holdings snapshots are 30 days apart (CGBL: 2026-03-31, SPHQ: 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 SPHQ?
Capital Group Core Balanced ETF (CGBL, by Capital Group) holds 73 positions; Invesco S&P 500 Quality ETF (SPHQ, by Invesco) holds 99. They have 10 holdings in common, and by portfolio weight the two funds are 7.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 10CGBL holds 73 · SPHQ holds 99
- Weight in Shared Holdings
- CGBL 8%·SPHQ 36%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
63 of 73 positions (90.2% of the fund) are not held by SPHQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | CGBL | SPHQ |
|---|---|---|
| Information Technology | 16.3% | 27.6% |
| Industrials | 10.2% | 24.5% |
| Consumer Staples | 2.8% | 15.3% |
| Financials | 9.0% | 13.4% |
| Health Care | 6.1% | 8.4% |
| Other Sectors | 17.5% | 10.6% |
| 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 SPHQ).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| CGBL | +2.1% | +9.5% | +16.6% | — | — | — | 1.83% |
| SPHQ | -0.8% | +15.3% | +21.9% | +19.9% | +12.7% | +14.6% | 1.09% |
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 SPHQ →
Shared Holdings(10)
The top 10 shared positions account for 100% of the overlap, led by AAPL, GILD and MA.
 AAPLApple Inc. | 1.45% | 4.50% | 1.45% |
|---|---|---|---|
 GILDGilead Sciences, Inc. | 1.08% | 2.27% | 1.08% |
 MAMastercard Inc., Class A | 0.85% | 4.32% | 0.85% |
 VVisa Inc., Class A | 0.84% | 4.68% | 0.84% |
 PHParker-Hannifin Corp. | 0.79% | 1.08% | 0.79% |
 GEVGE Vernova Inc. | 0.77% | 3.15% | 0.77% |
 CATCaterpillar Inc. | 0.61% | 3.78% | 0.61% |
 GEGeneral Electric Co. | 0.59% | 4.16% | 0.59% |
 KLACKLA Corp. | 0.49% | 3.27% | 0.49% |
 COSTCostco Wholesale Corp. | 0.42% | 4.81% | 0.42% |
Frequently Asked Questions
How much do CGBL and SPHQ overlap?
CGBL and SPHQ overlap by 7.9% of portfolio weight. They share 10 holdings (CGBL holds 73 positions and SPHQ holds 99), based on each fund's latest SEC-reported holdings.
Is it redundant to own both CGBL and SPHQ?
The two portfolios are 7.9% 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 SPHQ?
The largest positions held by both funds are AAPL, GILD, MA, V and PH. Together the top 10 shared positions account for 100% of the total overlap.
What does CGBL own that SPHQ doesn't?
63 positions (90.2% of CGBL) are unique to CGBL, led by CGCP, CGCB and AVGO. In the other direction, 89 positions (63.8% of SPHQ) are unique to SPHQ.