PBUS vs SUSA: Holdings Overlap
Invesco · 537 holdings · $11.4B · as of 2026-05-31
SUSAiShares ESG Optimized MSCI USA ETF
iShares · 170 holdings · $4.1B · as of 2026-04-30
Holdings snapshots are 31 days apart (PBUS: 2026-05-31, SUSA: 2026-04-30). 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 PBUS and SUSA?
Invesco MSCI USA ETF (PBUS, by Invesco) holds 537 positions; iShares ESG Optimized MSCI USA ETF (SUSA, by iShares) holds 170. They have 170 holdings in common, and by portfolio weight the two funds are 51.9% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 51.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 170PBUS holds 537 · SUSA holds 170
- Weight in Shared Holdings
- PBUS 58%·SUSA 100%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
367 of 537 positions (41.6% of the fund) are not held by SUSA. Showing the top 30 by weight.
Only in SUSA
Every position in SUSA is also held by PBUS, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | PBUS | SUSA |
|---|---|---|
| Information Technology | 38.0% | 38.2% |
| Financials | 11.1% | 11.9% |
| Industrials | 8.5% | 11.3% |
| Communication Services | 10.7% | 8.5% |
| Consumer Discretionary | 9.7% | 5.9% |
| Other Sectors | 21.6% | 24.1% |
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% |
| SUSA | +3.0% | +14.4% | +24.2% | +19.9% | +11.2% | +14.9% | 0.82% |
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 SUSA →
Shared Holdings(170)
The top 10 shared positions account for 60% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 7.77% | 7.92% | 7.77% |
|---|---|---|---|
 AAPLApple Inc. COM | 6.94% | 5.35% | 5.35% |
 MSFTMicrosoft Corp. COM | 4.81% | 4.35% | 4.35% |
 AVGOBroadcom Inc COM | 3.05% | 3.07% | 3.05% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.35% | 3.01% | 3.01% |
 GOOGAlphabet Inc. CAP STK CL C | 2.77% | 3.84% | 2.77% |
 TSLATesla Inc COM | 1.86% | 1.63% | 1.63% |
 LLYEli Lilly & Co. COM | 1.34% | 1.21% | 1.21% |
 AMDAdvanced Micro Devices Inc. COM | 1.27% | 1.12% | 1.12% |
 VVisa, Inc., Class A | 0.83% | 0.97% | 0.83% |
 INTCIntel Corporation COM | 0.78% | 0.96% | 0.78% |
 CSCOCisco Systems, Inc. COM | 0.72% | 0.67% | 0.67% |
 MAMasterCard Incorporated CL A | 0.63% | 0.92% | 0.63% |
 MUMicron Technology Inc. COM | 1.65% | 0.63% | 0.63% |
 LRCXLam Research Corporation COM NEW | 0.60% | 1.03% | 0.60% |
 AMATApplied Materials Inc. COM | 0.54% | 1.51% | 0.54% |
 PGThe Procter & Gamble Co. COM | 0.51% | 0.58% | 0.51% |
 HDHome Depot, Inc. (The) | 0.48% | 1.14% | 0.48% |
 IBMInternational Business Machines Corp. COM | 0.42% | 0.66% | 0.42% |
 TXNTexas Instruments Inc. COM | 0.42% | 0.58% | 0.42% |
 GEVGE Vernova Inc. COM | 0.40% | 0.57% | 0.40% |
 MSMorgan Stanley COM NEW | 0.37% | 1.38% | 0.37% |
 KOCoca-Cola Co (The) COM | 0.49% | 0.36% | 0.36% |
 PANWPalo Alto Networks Inc COM | 0.34% | 0.66% | 0.34% |
 ORCLOracle Corp. COM | 0.59% | 0.31% | 0.31% |
Frequently Asked Questions
How much do PBUS and SUSA overlap?
PBUS and SUSA overlap by 51.9% of portfolio weight. They share 170 holdings (PBUS holds 537 positions and SUSA holds 170), based on each fund's latest SEC-reported holdings.
Is it redundant to own both PBUS and SUSA?
The two portfolios are 51.9% 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 SUSA?
The largest positions held by both funds are NVDA, AAPL, MSFT, AVGO and GOOGL. Together the top 10 shared positions account for 60% of the total overlap.
What does PBUS own that SUSA doesn't?
367 positions (41.6% of PBUS) are unique to PBUS, led by AMZN, META and JPM. In the other direction, 0 positions (0.0% of SUSA) are unique to SUSA.