PBUS vs SPMO: Holdings Overlap
Invesco · 537 holdings · $11.4B · as of 2026-05-31
SPMOInvesco S&P 500 Momentum ETF
Invesco · 99 holdings · $21.3B · as of 2026-05-31
How similar are PBUS and SPMO?
Invesco MSCI USA ETF (PBUS, by Invesco) holds 537 positions; Invesco S&P 500 Momentum ETF (SPMO, by Invesco) holds 99. They have 91 holdings in common, and by portfolio weight the two funds are 36.2% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 36.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 91PBUS holds 537 · SPMO holds 99
- Weight in Shared Holdings
- PBUS 36%·SPMO 97%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 PBUS
446 of 537 positions (63.5% of the fund) are not held by SPMO. Showing the top 30 by weight.
Sector Breakdown
| Sector | PBUS | SPMO |
|---|---|---|
| Information Technology | 38.0% | 54.9% |
| Industrials | 8.5% | 12.4% |
| Financials | 11.1% | 5.7% |
| Communication Services | 10.7% | 8.8% |
| Consumer Discretionary | 9.7% | 1.2% |
| Other Sectors | 21.6% | 17.1% |
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 |
|---|---|---|---|---|---|---|---|
| PBUS | +3.4% | +14.0% | +23.4% | +21.4% | +12.9% | — | 0.99% |
| SPMO | +0.2% | +26.0% | +29.7% | +39.1% | +20.9% | +20.0% | 0.70% |
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 PBUS vs SPMO →
Shared Holdings(91)
The top 10 shared positions account for 64% of the overlap, led by NVDA, GOOGL and AVGO.
 NVDANVIDIA Corp. | 7.77% | 8.46% | 7.77% |
|---|---|---|---|
 GOOGLAlphabet Inc., Class A | 3.35% | 4.81% | 3.35% |
 AVGOBroadcom Inc. | 3.05% | 7.58% | 3.05% |
 GOOGAlphabet Inc., Class C | 2.77% | 3.82% | 2.77% |
 MUMicron Technology, Inc. | 1.65% | 10.73% | 1.65% |
 AMDAdvanced Micro Devices, Inc. | 1.27% | 4.14% | 1.27% |
 XOMExxon Mobil Corp. | 0.93% | 2.78% | 0.93% |
 JNJJohnson & Johnson | 0.82% | 3.85% | 0.82% |
 INTCIntel Corp. | 0.78% | 2.95% | 0.78% |
 CSCOCisco Systems, Inc. | 0.72% | 2.02% | 0.72% |
 CATCaterpillar Inc. | 0.62% | 2.60% | 0.62% |
 LRCXLam Research Corp. | 0.60% | 3.54% | 0.60% |
 PLTRPalantir Technologies Inc., Class A | 0.54% | 1.39% | 0.54% |
 AMATApplied Materials, Inc. | 0.54% | 1.77% | 0.54% |
 GEGeneral Electric Co. | 0.52% | 1.64% | 0.52% |
 KOCoca-Cola Co. (The) | 0.49% | 1.21% | 0.49% |
 GSGoldman Sachs Group, Inc. (The) | 0.47% | 1.43% | 0.47% |
 PMPhilip Morris International Inc. | 0.42% | 1.29% | 0.42% |
 GEVGE Vernova Inc. | 0.40% | 1.33% | 0.40% |
 KLACKLA Corp. | 0.38% | 1.39% | 0.38% |
 MSMorgan Stanley | 0.37% | 0.96% | 0.37% |
 RTXRTX Corp. | 0.36% | 1.40% | 0.36% |
 CCitigroup Inc. | 0.34% | 0.97% | 0.34% |
 ADIAnalog Devices, Inc. | 0.31% | 0.82% | 0.31% |
 STXSeagate Technology Holdings PLC | 0.29% | 1.88% | 0.29% |
Frequently Asked Questions
How much do PBUS and SPMO overlap?
PBUS and SPMO overlap by 36.2% of portfolio weight. They share 91 holdings (PBUS holds 537 positions and SPMO holds 99), based on each fund's latest SEC-reported holdings.
Is it redundant to own both PBUS and SPMO?
The two portfolios are 36.2% 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 PBUS and SPMO?
The largest positions held by both funds are NVDA, GOOGL, AVGO, GOOG and MU. Together the top 10 shared positions account for 64% of the total overlap.
What does PBUS own that SPMO doesn't?
446 positions (63.5% of PBUS) are unique to PBUS, led by AAPL, MSFT and AMZN. In the other direction, 8 positions (2.9% of SPMO) are unique to SPMO.