IGM vs PBUS: Holdings Overlap
IGMiShares Expanded Tech Sector ETF
iShares · 288 holdings · $10.7B · as of 2026-03-31
Invesco · 537 holdings · $11.4B · as of 2026-05-31
Holdings snapshots are 61 days apart (IGM: 2026-03-31, PBUS: 2026-05-31). 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 IGM and PBUS?
iShares Expanded Tech Sector ETF (IGM, by iShares) holds 288 positions; Invesco MSCI USA ETF (PBUS, by Invesco) holds 537. They have 98 holdings in common, and by portfolio weight the two funds are 47.2% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 47.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 98IGM holds 288 · PBUS holds 537
- Weight in Shared Holdings
- IGM 93%·PBUS 47%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 IGM
190 of 288 positions (6.7% of the fund) are not held by PBUS. Showing the top 30 by weight.
Sector Breakdown
| Sector | IGM | PBUS |
|---|---|---|
| Information Technology | 82.6% | 38.0% |
| Communication Services | 17.1% | 10.7% |
| Financials | 0.0% | 11.1% |
| Consumer Discretionary | 0.0% | 9.7% |
| Industrials | 0.0% | 8.5% |
| Other Sectors | 0.0% | 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 |
|---|---|---|---|---|---|---|---|
| IGM | +4.5% | +26.9% | +40.7% | +35.3% | +19.1% | +23.9% | 0.13% |
| 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 IGM vs PBUS →
Shared Holdings(98)
The top 10 shared positions account for 73% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. | 8.44% | 7.77% | 7.77% |
|---|---|---|---|
 AAPLApple, Inc. | 8.76% | 6.94% | 6.94% |
 MSFTMicrosoft Corp. | 8.23% | 4.81% | 4.81% |
 GOOGLAlphabet, Inc., Class A | 4.65% | 3.35% | 3.35% |
 AVGOBroadcom, Inc. | 8.16% | 3.05% | 3.05% |
 GOOGAlphabet, Inc., Class C | 3.73% | 2.77% | 2.77% |
 METAMeta Platforms, Inc., Class A | 4.17% | 2.09% | 2.09% |
 MUMicron Technology, Inc. | 2.51% | 1.65% | 1.65% |
 AMDAdvanced Micro Devices, Inc. | 2.19% | 1.27% | 1.27% |
 INTCIntel Corp. | 1.37% | 0.78% | 0.78% |
 CSCOCisco Systems, Inc. | 2.02% | 0.72% | 0.72% |
 LRCXLam Research Corp. | 1.76% | 0.60% | 0.60% |
 ORCLOracle Corp. | 1.65% | 0.59% | 0.59% |
 NFLXNetflix, Inc. | 2.68% | 0.55% | 0.55% |
 PLTRPalantir Technologies, Inc., Class A | 2.20% | 0.54% | 0.54% |
 AMATApplied Materials, Inc. | 1.79% | 0.54% | 0.54% |
 IBMInternational Business Machines Corp. | 1.49% | 0.42% | 0.42% |
 TXNTexas Instruments, Inc. | 1.16% | 0.42% | 0.42% |
 QCOMQUALCOMM, Inc. | 0.91% | 0.40% | 0.40% |
 KLACKLA Corp. | 1.27% | 0.38% | 0.38% |
 PANWPalo Alto Networks, Inc. | 0.85% | 0.34% | 0.34% |
 ADIAnalog Devices, Inc. | 1.03% | 0.31% | 0.31% |
 STXSeagate Technology Holdings plc | 0.56% | 0.29% | 0.29% |
 CRWDCrowdstrike Holdings, Inc., Class A | 0.65% | 0.28% | 0.28% |
 APHAmphenol Corp., Class A | 1.02% | 0.28% | 0.28% |
Frequently Asked Questions
How much do IGM and PBUS overlap?
IGM and PBUS overlap by 47.2% of portfolio weight. They share 98 holdings (IGM holds 288 positions and PBUS holds 537), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IGM and PBUS?
The two portfolios are 47.2% 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 IGM and PBUS?
The largest positions held by both funds are NVDA, AAPL, MSFT, GOOGL and AVGO. Together the top 10 shared positions account for 73% of the total overlap.
What does IGM own that PBUS doesn't?
190 positions (6.7% of IGM) are unique to IGM, led by SHOP, SNDK and CLS. In the other direction, 439 positions (52.5% of PBUS) are unique to PBUS.