CGBL vs SPY: Holdings Overlap
CGBLCapital Group Core Balanced ETF
Capital Group · 73 holdings · $7.5B · as of 2026-03-31
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
Holdings snapshots are 128 days apart (CGBL: 2026-03-31, SPY: 2026-08-06). 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 SPY?
Capital Group Core Balanced ETF (CGBL, by Capital Group) holds 73 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 55 holdings in common, and by portfolio weight the two funds are 27.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 27.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 55CGBL holds 73 · SPY holds 504
- Weight in Shared Holdings
- CGBL 49%·SPY 49%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
18 of 73 positions (49.5% of the fund) are not held by SPY.
Only in SPY
449 of 504 positions (50.9% of the fund) are not held by CGBL. Showing the top 30 by weight.
Sector Breakdown
| Sector | CGBL | SPY |
|---|---|---|
| Information Technology | 16.3% | 37.6% |
| Financials | 9.0% | 12.3% |
| Industrials | 10.2% | 8.8% |
| Communication Services | 4.5% | 9.7% |
| Consumer Discretionary | 5.8% | 9.3% |
| Other Sectors | 16.2% | 22.3% |
| 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 SPY).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| CGBL | +2.1% | +9.5% | +16.6% | — | — | — | 1.83% |
| SPY | +3.4% | +14.0% | +23.7% | +21.2% | +13.3% | +15.3% | 0.97% |
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 SPY →
Shared Holdings(55)
The top 10 shared positions account for 56% of the overlap, led by AVGO, MSFT and GOOG.
 AVGOBroadcom Inc COM | 4.16% | 3.00% | 3.00% |
|---|---|---|---|
 MSFTMicrosoft Corp. COM | 2.78% | 5.60% | 2.78% |
 GOOGAlphabet Inc. CAP STK CL C | 2.49% | 2.54% | 2.49% |
 AAPLApple Inc. COM | 1.45% | 6.92% | 1.45% |
 NVDANVIDIA Corp. COM | 1.33% | 8.00% | 1.33% |
 METAMeta Platforms, Inc., Class A | 1.21% | 1.95% | 1.21% |
 VVisa, Inc., Class A | 0.84% | 0.93% | 0.84% |
 MUMicron Technology Inc. COM | 0.84% | 1.50% | 0.84% |
 AMZNAmazon.com, Inc. COM | 0.76% | 4.02% | 0.76% |
 INTCIntel Corporation COM | 0.78% | 0.71% | 0.71% |
 MAMasterCard Incorporated CL A | 0.85% | 0.70% | 0.70% |
 LLYEli Lilly & Co. COM | 0.68% | 1.42% | 0.68% |
 BACBank of America Corp. COM | 0.74% | 0.62% | 0.62% |
 CATCaterpillar Inc COM | 0.61% | 0.59% | 0.59% |
 JPMJPMorgan Chase & Co. COM | 0.59% | 1.44% | 0.59% |
 GEGeneral Electric Co. | 0.59% | 0.59% | 0.59% |
 UNHUnitedHealth Group Inc. COM | 0.59% | 0.55% | 0.55% |
 HDHome Depot, Inc. (The) | 0.53% | 0.52% | 0.52% |
 PMPhilip Morris International Inc. COM | 2.42% | 0.44% | 0.44% |
 COSTCostco Wholesale Corporation COM | 0.42% | 0.63% | 0.42% |
 GEVGE Vernova Inc. COM | 0.77% | 0.41% | 0.41% |
 WFCWells Fargo & Co. COM | 0.57% | 0.40% | 0.40% |
 KLACKLA Corp. COM NEW | 0.49% | 0.38% | 0.38% |
 IBMInternational Business Machines Corp. COM | 0.39% | 0.33% | 0.33% |
 AMGNAmgen Inc. COM | 0.71% | 0.33% | 0.33% |
Frequently Asked Questions
How much do CGBL and SPY overlap?
CGBL and SPY overlap by 27.5% of portfolio weight. They share 55 holdings (CGBL holds 73 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both CGBL and SPY?
The two portfolios are 27.5% 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 SPY?
The largest positions held by both funds are AVGO, MSFT, GOOG, AAPL and NVDA. Together the top 10 shared positions account for 56% of the total overlap.
What does CGBL own that SPY doesn't?
18 positions (49.5% of CGBL) are unique to CGBL, led by CGCP, CGCB and TSM. In the other direction, 449 positions (50.9% of SPY) are unique to SPY.