JQUA vs SPHQ: Holdings Overlap
JQUAJPMorgan U.S. Quality Factor ETF
JPMorgan · 289 holdings · $8.2B · as of 2026-04-30
SPHQInvesco S&P 500 Quality ETF
Invesco · 99 holdings · $20.0B · as of 2026-04-30
How similar are JQUA and SPHQ?
JPMorgan U.S. Quality Factor ETF (JQUA, by JPMorgan) holds 289 positions; Invesco S&P 500 Quality ETF (SPHQ, by Invesco) holds 99. They have 69 holdings in common, and by portfolio weight the two funds are 29.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 29.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 69JQUA holds 289 · SPHQ holds 99
- Weight in Shared Holdings
- JQUA 30%·SPHQ 77%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 JQUA
220 of 289 positions (69.9% of the fund) are not held by SPHQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | JQUA | SPHQ |
|---|---|---|
| Information Technology | 37.8% | 27.6% |
| Industrials | 10.0% | 24.5% |
| Consumer Staples | 5.6% | 15.3% |
| Financials | 12.4% | 13.4% |
| Consumer Discretionary | 9.6% | 4.7% |
| Other Sectors | 24.4% | 14.3% |
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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| JQUA | +3.6% | +18.6% | +24.4% | +19.8% | +13.4% | — | 1.05% |
| SPHQ | -0.8% | +15.3% | +21.9% | +19.9% | +12.7% | +14.6% | 1.09% |
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 JQUA vs SPHQ →
Shared Holdings(69)
The top 10 shared positions account for 44% of the overlap, led by AAPL, V and COST.
 AAPLApple, Inc. | 2.01% | 4.50% | 2.01% |
|---|---|---|---|
 VVisa, Inc., Class A | 1.70% | 4.68% | 1.70% |
 COSTCostco Wholesale Corp. | 1.44% | 4.81% | 1.44% |
 MAMastercard, Inc., Class A | 1.25% | 4.32% | 1.25% |
 CSCOCisco Systems, Inc. | 1.21% | 3.54% | 1.21% |
 LRCXLam Research Corp. | 1.15% | 4.09% | 1.15% |
 PGProcter & Gamble Co. (The) | 1.15% | 3.46% | 1.15% |
 AMATApplied Materials, Inc. | 1.11% | 2.79% | 1.11% |
 GEVGE Vernova, Inc. | 1.08% | 3.15% | 1.08% |
 MRKMerck & Co., Inc. | 0.94% | 2.86% | 0.94% |
 KLACKLA Corp. | 0.89% | 3.27% | 0.89% |
 QCOMQUALCOMM, Inc. | 0.79% | 2.03% | 0.79% |
 WDCWestern Digital Corp. | 0.75% | 2.15% | 0.75% |
 TJXTJX Cos., Inc. (The) | 0.67% | 1.79% | 0.67% |
 GILDGilead Sciences, Inc. | 0.63% | 2.27% | 0.63% |
 APPAppLovin Corp., Class A | 0.47% | 1.56% | 0.47% |
 ADBEAdobe, Inc. | 0.45% | 1.44% | 0.45% |
 ACNAccenture plc, Class A | 0.41% | 1.04% | 0.41% |
 PGRProgressive Corp. (The) | 0.39% | 1.40% | 0.39% |
 ITWIllinois Tool Works, Inc. | 0.39% | 0.94% | 0.39% |
 MCOMoody's Corp. | 0.37% | 0.86% | 0.37% |
 CLColgate-Palmolive Co. | 0.37% | 0.71% | 0.37% |
 EMEEMCOR Group, Inc. | 0.35% | 0.47% | 0.35% |
 MNSTMonster Beverage Corp. | 0.34% | 0.82% | 0.34% |
 FTNTFortinet, Inc. | 0.34% | 0.85% | 0.34% |
Frequently Asked Questions
How much do JQUA and SPHQ overlap?
JQUA and SPHQ overlap by 29.4% of portfolio weight. They share 69 holdings (JQUA holds 289 positions and SPHQ holds 99), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JQUA and SPHQ?
The two portfolios are 29.4% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of JQUA and SPHQ?
The largest positions held by both funds are AAPL, V, COST, MA and CSCO. Together the top 10 shared positions account for 44% of the total overlap.
What does JQUA own that SPHQ doesn't?
220 positions (69.9% of JQUA) are unique to JQUA, led by GOOGL, AVGO and NVDA. In the other direction, 30 positions (22.7% of SPHQ) are unique to SPHQ.