CGUS vs SPY: Holdings Overlap
CGUSCapital Group Core Equity ETF
Capital Group · 65 holdings · $11.6B · as of 2026-05-31
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
Holdings snapshots are 67 days apart (CGUS: 2026-05-31, 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 CGUS and SPY?
Capital Group Core Equity ETF (CGUS, by Capital Group) holds 65 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 54 holdings in common, and by portfolio weight the two funds are 45.0% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 45.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 54CGUS holds 65 · SPY holds 504
- Weight in Shared Holdings
- CGUS 86%·SPY 51%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 CGUS
11 of 65 positions (11.2% of the fund) are not held by SPY.
Only in SPY
450 of 504 positions (48.4% of the fund) are not held by CGUS. Showing the top 30 by weight.
Sector Breakdown
| Sector | CGUS | SPY |
|---|---|---|
| Information Technology | 37.1% | 37.6% |
| Financials | 9.4% | 12.3% |
| Communication Services | 10.2% | 9.7% |
| Industrials | 9.3% | 8.8% |
| Consumer Discretionary | 9.2% | 9.3% |
| Other Sectors | 21.0% | 22.3% |
| Unclassified | 0.8% | 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 (1% of CGUS, 0% of SPY).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| CGUS | +4.6% | +15.5% | +23.5% | +22.0% | — | — | 0.80% |
| 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 CGUS vs SPY →
Shared Holdings(54)
The top 10 shared positions account for 71% of the overlap, led by NVDA, MSFT and AMZN.
 NVDANVIDIA Corp. COM | 6.85% | 8.00% | 6.85% |
|---|---|---|---|
 MSFTMicrosoft Corp. COM | 5.75% | 5.60% | 5.60% |
 AMZNAmazon.com, Inc. COM | 5.04% | 4.02% | 4.02% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.22% | 3.16% | 3.16% |
 AVGOBroadcom Inc COM | 6.33% | 3.00% | 3.00% |
 AAPLApple Inc. COM | 2.75% | 6.92% | 2.75% |
 METAMeta Platforms, Inc., Class A | 3.79% | 1.95% | 1.95% |
 GOOGAlphabet Inc. CAP STK CL C | 1.93% | 2.54% | 1.93% |
 JPMJPMorgan Chase & Co. COM | 1.79% | 1.44% | 1.44% |
 LLYEli Lilly & Co. COM | 3.92% | 1.42% | 1.42% |
 CSCOCisco Systems, Inc. COM | 1.95% | 0.72% | 0.72% |
 MAMasterCard Incorporated CL A | 1.82% | 0.70% | 0.70% |
 VVisa, Inc., Class A | 0.67% | 0.93% | 0.67% |
 AMATApplied Materials Inc. COM | 2.57% | 0.63% | 0.63% |
 ABBVAbbVie Inc. COM | 0.60% | 0.65% | 0.60% |
 GEGeneral Electric Co. | 1.41% | 0.59% | 0.59% |
 UNHUnitedHealth Group Inc. COM | 1.29% | 0.55% | 0.55% |
 HDHome Depot, Inc. (The) | 0.82% | 0.52% | 0.52% |
 INTCIntel Corporation COM | 0.49% | 0.71% | 0.49% |
 NFLXNetflix, Inc. COM | 1.30% | 0.47% | 0.47% |
 GSGoldman Sachs Group, Inc. (The) | 0.70% | 0.46% | 0.46% |
 RTXRTX Corp. COM | 1.95% | 0.45% | 0.45% |
 PMPhilip Morris International Inc. COM | 0.88% | 0.44% | 0.44% |
 WFCWells Fargo & Co. COM | 1.13% | 0.40% | 0.40% |
 KLACKLA Corp. COM NEW | 0.60% | 0.38% | 0.38% |
Frequently Asked Questions
How much do CGUS and SPY overlap?
CGUS and SPY overlap by 45.0% of portfolio weight. They share 54 holdings (CGUS holds 65 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both CGUS and SPY?
The two portfolios are 45.0% 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 CGUS and SPY?
The largest positions held by both funds are NVDA, MSFT, AMZN, GOOGL and AVGO. Together the top 10 shared positions account for 71% of the total overlap.
What does CGUS own that SPY doesn't?
11 positions (11.2% of CGUS) are unique to CGUS, led by TSM, BATS and CNQ. In the other direction, 450 positions (48.4% of SPY) are unique to SPY.