JQUA vs XMHQ: Holdings Overlap
JQUAJPMorgan U.S. Quality Factor ETF
JPMorgan · 289 holdings · $8.2B · as of 2026-04-30
XMHQInvesco S&P MidCap Quality ETF
Invesco · 80 holdings · $5.5B · as of 2026-04-30
How similar are JQUA and XMHQ?
JPMorgan U.S. Quality Factor ETF (JQUA, by JPMorgan) holds 289 positions; Invesco S&P MidCap Quality ETF (XMHQ, by Invesco) holds 80. They have 28 holdings in common, and by portfolio weight the two funds are 4.8% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 28JQUA holds 289 · XMHQ holds 80
- Weight in Shared Holdings
- JQUA 5%·XMHQ 42%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
261 of 289 positions (95.1% of the fund) are not held by XMHQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | JQUA | XMHQ |
|---|---|---|
| Information Technology | 37.8% | 8.4% |
| Industrials | 10.0% | 28.5% |
| Health Care | 8.5% | 19.7% |
| Financials | 12.4% | 15.1% |
| Consumer Discretionary | 9.6% | 9.5% |
| Other Sectors | 21.6% | 18.8% |
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% |
| XMHQ | +4.3% | +16.0% | +18.7% | +14.6% | +10.6% | +13.0% | 0.55% |
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 XMHQ →
Shared Holdings(28)
The top 10 shared positions account for 50% of the overlap, led by UTHR, FTI and CRUS.
 UTHRUnited Therapeutics Corp. | 0.30% | 3.98% | 0.30% |
|---|---|---|---|
 FTITechnipFMC plc | 0.27% | 4.95% | 0.27% |
 CRUSCirrus Logic, Inc. | 0.26% | 0.98% | 0.26% |
 TWLOTwilio, Inc., Class A | 0.26% | 3.00% | 0.26% |
 LECOLincoln Electric Holdings, Inc. | 0.23% | 1.99% | 0.23% |
 CSLCarlisle Cos., Inc. | 0.23% | 2.74% | 0.23% |
 PENPenumbra, Inc. | 0.22% | 1.93% | 0.22% |
 SEICSEI Investments Co. | 0.22% | 1.47% | 0.22% |
 MANHManhattan Associates, Inc. | 0.20% | 1.79% | 0.20% |
 LSTRLandstar System, Inc. | 0.19% | 0.72% | 0.19% |
 GGGGraco, Inc. | 0.18% | 1.52% | 0.18% |
 DCIDonaldson Co., Inc. | 0.18% | 1.30% | 0.18% |
 BSYBentley Systems, Inc., Class B | 0.17% | 0.59% | 0.17% |
 INGRIngredion, Inc. | 0.17% | 1.05% | 0.17% |
 LOPEGrand Canyon Education, Inc. | 0.16% | 0.89% | 0.16% |
 MEDPMedpace Holdings, Inc. | 0.16% | 2.54% | 0.16% |
 PEGAPegasystems, Inc. | 0.16% | 0.56% | 0.16% |
 CHEChemed Corp. | 0.15% | 0.84% | 0.15% |
 MSMMSC Industrial Direct Co., Inc., Class A | 0.15% | 0.61% | 0.15% |
 BYDBoyd Gaming Corp. | 0.13% | 1.13% | 0.13% |
 PRIPrimerica, Inc. | 0.12% | 1.40% | 0.12% |
 YETIYETI Holdings, Inc. | 0.12% | 0.33% | 0.12% |
 TXRHTexas Roadhouse, Inc. | 0.12% | 1.48% | 0.12% |
 AFGAmerican Financial Group, Inc. | 0.12% | 1.13% | 0.12% |
 TTCToro Co. (The) | 0.11% | 1.20% | 0.11% |
Frequently Asked Questions
How much do JQUA and XMHQ overlap?
JQUA and XMHQ overlap by 4.8% of portfolio weight. They share 28 holdings (JQUA holds 289 positions and XMHQ holds 80), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JQUA and XMHQ?
The two portfolios are 4.8% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of JQUA and XMHQ?
The largest positions held by both funds are UTHR, FTI, CRUS, TWLO and LECO. Together the top 10 shared positions account for 50% of the total overlap.
What does JQUA own that XMHQ doesn't?
261 positions (95.1% of JQUA) are unique to JQUA, led by GOOGL, AVGO and NVDA. In the other direction, 52 positions (57.8% of XMHQ) are unique to XMHQ.