ESGU vs PBUS: Holdings Overlap
ESGUiShares ESG Aware MSCI USA ETF
iShares · 287 holdings · $18.3B · as of 2026-05-31
Invesco · 537 holdings · $11.4B · as of 2026-05-31
How similar are ESGU and PBUS?
iShares ESG Aware MSCI USA ETF (ESGU, by iShares) holds 287 positions; Invesco MSCI USA ETF (PBUS, by Invesco) holds 537. They have 287 holdings in common, and by portfolio weight the two funds are 79.5% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 79.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 287ESGU holds 287 · PBUS holds 537
- Weight in Shared Holdings
- ESGU 100%·PBUS 86%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 ESGU
Every position in ESGU is also held by PBUS, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | ESGU | PBUS |
|---|---|---|
| Information Technology | 38.9% | 38.0% |
| Financials | 11.4% | 11.1% |
| Communication Services | 9.8% | 10.7% |
| Consumer Discretionary | 9.2% | 9.7% |
| Industrials | 8.9% | 8.5% |
| Other Sectors | 21.7% | 21.6% |
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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ESGU | +3.3% | +14.3% | +23.8% | +20.9% | +12.2% | — | 0.90% |
| PBUS | +3.4% | +14.0% | +23.4% | +21.4% | +12.9% | — | 0.99% |
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 ESGU vs PBUS →
Shared Holdings(287)
The top 10 shared positions account for 45% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 7.77% | 7.77% | 7.77% |
|---|---|---|---|
 AAPLApple Inc. COM | 6.83% | 6.94% | 6.83% |
 MSFTMicrosoft Corp. COM | 4.73% | 4.81% | 4.73% |
 AMZNAmazon.com, Inc. COM | 3.82% | 3.94% | 3.82% |
 AVGOBroadcom Inc COM | 3.07% | 3.05% | 3.05% |
 GOOGAlphabet Inc. CAP STK CL C | 4.72% | 2.77% | 2.77% |
 METAMeta Platforms, Inc., Class A | 1.94% | 2.09% | 1.94% |
 TSLATesla Inc COM | 1.85% | 1.86% | 1.85% |
 MUMicron Technology Inc. COM | 1.66% | 1.65% | 1.65% |
 LLYEli Lilly & Co. COM | 1.33% | 1.34% | 1.33% |
 GOOGLAlphabet Inc. CAP STK CL A | 1.33% | 3.35% | 1.33% |
 AMDAdvanced Micro Devices Inc. COM | 1.33% | 1.27% | 1.27% |
 JPMJPMorgan Chase & Co. COM | 1.17% | 1.23% | 1.17% |
 VVisa, Inc., Class A | 0.95% | 0.83% | 0.83% |
 INTCIntel Corporation COM | 0.85% | 0.78% | 0.78% |
 CSCOCisco Systems, Inc. COM | 0.75% | 0.72% | 0.72% |
 XOMExxon Mobil Corp. COM | 0.69% | 0.93% | 0.69% |
 BRK-BBerkshire Hathaway, Inc., Class B | 0.63% | 0.99% | 0.63% |
 MAMasterCard Incorporated CL A | 0.63% | 0.63% | 0.63% |
 CATCaterpillar Inc COM | 0.69% | 0.62% | 0.62% |
 COSTCostco Wholesale Corporation COM | 0.61% | 0.64% | 0.61% |
 JNJJohnson & Johnson COM | 0.61% | 0.82% | 0.61% |
 LRCXLam Research Corporation COM NEW | 0.71% | 0.60% | 0.60% |
 ABBVAbbVie Inc. COM | 0.65% | 0.58% | 0.58% |
 ORCLOracle Corp. COM | 0.58% | 0.59% | 0.58% |
Showing the top 250 of 287 shared holdings by overlap weight.
Frequently Asked Questions
How much do ESGU and PBUS overlap?
ESGU and PBUS overlap by 79.5% of portfolio weight. They share 287 holdings (ESGU holds 287 positions and PBUS holds 537), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ESGU and PBUS?
The two portfolios are 79.5% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of ESGU and PBUS?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and AVGO. Together the top 10 shared positions account for 45% of the total overlap.
What does ESGU own that PBUS doesn't?
Nothing. Every position in ESGU is also held by PBUS. In the other direction, 250 positions (13.5% of PBUS) are unique to PBUS.