CGUS vs TCAF: Holdings Overlap
CGUSCapital Group Core Equity ETF
Capital Group · 65 holdings · $11.6B · as of 2026-05-31
TCAFT. Rowe Price Capital Appreciation Equity ETF
T. Rowe Price · 92 holdings · $8.3B · as of 2026-03-31
Holdings snapshots are 61 days apart (CGUS: 2026-05-31, TCAF: 2026-03-31). 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 CGUS and TCAF?
Capital Group Core Equity ETF (CGUS, by Capital Group) holds 65 positions; T. Rowe Price Capital Appreciation Equity ETF (TCAF, by T. Rowe Price) holds 92. They have 24 holdings in common, and by portfolio weight the two funds are 44.0% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 44.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 24CGUS holds 65 · TCAF holds 92
- Weight in Shared Holdings
- CGUS 58%·TCAF 56%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
41 of 65 positions (39.4% of the fund) are not held by TCAF. Showing the top 30 by weight.
Sector Breakdown
| Sector | CGUS | TCAF |
|---|---|---|
| Information Technology | 37.1% | 30.5% |
| Health Care | 8.5% | 17.6% |
| Consumer Discretionary | 9.2% | 12.1% |
| Communication Services | 10.2% | 8.2% |
| Utilities | 1.7% | 10.2% |
| Other Sectors | 29.6% | 17.9% |
| Unclassified | 0.8% | 3.3% |
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, 3% of TCAF).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| CGUS | +4.6% | +15.5% | +23.5% | +22.0% | — | — | 0.80% |
| TCAF | +3.1% | +12.1% | +18.5% | +18.6% | — | — | 0.45% |
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 TCAF →
Shared Holdings(24)
The top 10 shared positions account for 76% of the overlap, led by MSFT, NVDA and AMZN.
 MSFTMicrosoft Corp. COM | 5.75% | 7.12% | 5.75% |
|---|---|---|---|
 NVDANVIDIA Corp. COM | 6.85% | 5.34% | 5.34% |
 AMZNAmazon.com, Inc. COM | 5.04% | 6.40% | 5.04% |
 METAMeta Platforms, Inc., Class A | 3.79% | 3.93% | 3.79% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.22% | 4.05% | 3.22% |
 AVGOBroadcom Inc COM | 6.33% | 3.08% | 3.08% |
 AAPLApple Inc. COM | 2.75% | 5.95% | 2.75% |
 JPMJPMorgan Chase & Co. COM | 1.79% | 1.67% | 1.67% |
 LLYEli Lilly & Co. COM | 3.92% | 1.44% | 1.44% |
 MAMasterCard Incorporated CL A | 1.82% | 1.43% | 1.43% |
 TSMTaiwan Semiconductor Manufacturing Co., Ltd. SPONSORED ADS | 2.44% | 1.42% | 1.42% |
 SBUXStarbucks Corp. COM | 1.71% | 1.41% | 1.41% |
 UNHUnitedHealth Group Inc. COM | 1.29% | 2.03% | 1.29% |
 CNQCanadian Natural Resources Limited COM NPV | 1.33% | 1.12% | 1.12% |
 CNPCenterpoint Energy Inc COM | 0.90% | 3.43% | 0.90% |
 GEGeneral Electric Co. | 1.41% | 0.86% | 0.86% |
 VVisa, Inc., Class A | 0.67% | 1.43% | 0.67% |
 ABTAbbott Laboratories COM | 0.61% | 0.65% | 0.61% |
 IRIngersoll Rand Inc COM | 0.59% | 1.37% | 0.59% |
 KLACKLA Corp. COM NEW | 0.60% | 0.56% | 0.56% |
 PMPhilip Morris International Inc. COM | 0.88% | 0.48% | 0.48% |
 ANETArista Networks Inc COM SHS | 0.49% | 0.28% | 0.28% |
 BLKBlackrock Inc. COM | 1.56% | 0.26% | 0.26% |
 GOOGAlphabet Inc. CAP STK CL C | 1.93% | 0.09% | 0.09% |
Frequently Asked Questions
How much do CGUS and TCAF overlap?
CGUS and TCAF overlap by 44.0% of portfolio weight. They share 24 holdings (CGUS holds 65 positions and TCAF holds 92), based on each fund's latest SEC-reported holdings.
Is it redundant to own both CGUS and TCAF?
The two portfolios are 44.0% 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 TCAF?
The largest positions held by both funds are MSFT, NVDA, AMZN, META and GOOGL. Together the top 10 shared positions account for 76% of the total overlap.
What does CGUS own that TCAF doesn't?
41 positions (39.4% of CGUS) are unique to CGUS, led by AMAT, STX and RTX. In the other direction, 68 positions (44.0% of TCAF) are unique to TCAF.