CGUS vs XLG: Holdings Overlap
CGUSCapital Group Core Equity ETF
Capital Group · 65 holdings · $11.6B · as of 2026-05-31
Invesco · 51 holdings · $10.7B · as of 2026-04-30
Holdings snapshots are 31 days apart (CGUS: 2026-05-31, XLG: 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 CGUS and XLG?
Capital Group Core Equity ETF (CGUS, by Capital Group) holds 65 positions; Invesco S&P 500 Top 50 ETF (XLG, by Invesco) holds 51. They have 26 holdings in common, and by portfolio weight the two funds are 49.0% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 49.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 26CGUS holds 65 · XLG holds 51
- Weight in Shared Holdings
- CGUS 57%·XLG 76%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
39 of 65 positions (39.6% of the fund) are not held by XLG. Showing the top 30 by weight.
Sector Breakdown
| Sector | CGUS | XLG |
|---|---|---|
| Information Technology | 37.1% | 43.7% |
| Communication Services | 10.2% | 17.0% |
| Consumer Discretionary | 9.2% | 11.3% |
| Financials | 9.4% | 9.6% |
| Industrials | 9.3% | 1.9% |
| Other Sectors | 21.0% | 16.1% |
| 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 XLG).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| CGUS | +4.6% | +15.5% | +23.5% | +22.0% | — | — | 0.80% |
| XLG | +3.7% | +7.2% | +17.9% | +22.2% | +14.3% | +16.6% | 0.63% |
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 XLG →
Shared Holdings(26)
The top 10 shared positions account for 77% of the overlap, led by NVDA, MSFT and AMZN.
 NVDANVIDIA Corp. | 6.85% | 13.04% | 6.85% |
|---|---|---|---|
 MSFTMicrosoft Corp. | 5.75% | 8.14% | 5.75% |
 AMZNAmazon.com, Inc. | 5.04% | 6.96% | 5.04% |
 AVGOBroadcom Inc. | 6.33% | 4.83% | 4.83% |
 METAMeta Platforms, Inc., Class A | 3.79% | 3.60% | 3.60% |
 GOOGLAlphabet Inc., Class A | 3.22% | 6.03% | 3.22% |
 AAPLApple Inc. | 2.75% | 10.71% | 2.75% |
 LLYEli Lilly and Co. | 3.92% | 1.99% | 1.99% |
 GOOGAlphabet Inc., Class C | 1.93% | 4.80% | 1.93% |
 JPMJPMorgan Chase & Co. | 1.79% | 2.27% | 1.79% |
 MAMastercard Inc., Class A | 1.82% | 1.10% | 1.10% |
 NFLXNetflix, Inc. | 1.30% | 1.06% | 1.06% |
 CSCOCisco Systems, Inc. | 1.95% | 0.97% | 0.97% |
 UNHUnitedHealth Group Inc. | 1.29% | 0.90% | 0.90% |
 GEGeneral Electric Co. | 1.41% | 0.82% | 0.82% |
 HDHome Depot, Inc. (The) | 0.82% | 0.88% | 0.82% |
 GSGoldman Sachs Group, Inc. (The) | 0.70% | 0.74% | 0.70% |
 PMPhilip Morris International Inc. | 0.88% | 0.69% | 0.69% |
 WFCWells Fargo & Co. | 1.13% | 0.68% | 0.68% |
 VVisa Inc., Class A | 0.67% | 1.49% | 0.67% |
 LINLinde PLC | 1.34% | 0.63% | 0.63% |
 ABBVAbbVie Inc. | 0.60% | 1.00% | 0.60% |
 CRMSalesforce, Inc. | 0.61% | 0.45% | 0.45% |
 XOMExxon Mobil Corp. | 0.44% | 1.73% | 0.44% |
 ABTAbbott Laboratories | 0.61% | 0.42% | 0.42% |
Frequently Asked Questions
How much do CGUS and XLG overlap?
CGUS and XLG overlap by 49.0% of portfolio weight. They share 26 holdings (CGUS holds 65 positions and XLG holds 51), based on each fund's latest SEC-reported holdings.
Is it redundant to own both CGUS and XLG?
The two portfolios are 49.0% 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 XLG?
The largest positions held by both funds are NVDA, MSFT, AMZN, AVGO and META. Together the top 10 shared positions account for 77% of the total overlap.
What does CGUS own that XLG doesn't?
39 positions (39.6% of CGUS) are unique to CGUS, led by AMAT, TSM and STX. In the other direction, 25 positions (23.3% of XLG) are unique to XLG.