PHO vs VGT: Holdings Overlap
PHOInvesco Water Resources ETF
Invesco · 36 holdings · $2.1B · as of 2026-04-30
VGTVanguard Information Technology Index Fund
Vanguard · 317 holdings · $147.3B · as of 2026-05-31
Holdings snapshots are 31 days apart (PHO: 2026-04-30, VGT: 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 PHO and VGT?
Invesco Water Resources ETF (PHO, by Invesco) holds 36 positions; Vanguard Information Technology Index Fund (VGT, by Vanguard) holds 317. They have 3 holdings in common, and by portfolio weight the two funds are 0.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 3PHO holds 36 · VGT holds 317
- Weight in Shared Holdings
- PHO 13%·VGT 0%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 PHO
33 of 36 positions (86.9% of the fund) are not held by VGT. Showing the top 30 by weight.
Sector Breakdown
| Sector | PHO | VGT |
|---|---|---|
| Information Technology | 13.0% | 99.0% |
| Industrials | 55.4% | 0.1% |
| Utilities | 12.8% | 0.0% |
| Health Care | 8.2% | 0.0% |
| Materials | 8.1% | 0.0% |
| Other Sectors | 0.0% | 0.8% |
| Unclassified | 2.5% | 0.0% |
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. “Unclassified” is weight we could not classify (2% of PHO, 0% of VGT).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| PHO | +5.7% | +4.5% | +3.2% | +8.8% | +5.6% | +12.2% | 0.55% |
| VGT | +6.5% | +29.2% | +40.8% | +31.3% | +19.3% | +24.7% | 0.36% |
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 PHO vs VGT →
Shared Holdings(3)
The top 3 shared positions account for 99% of the overlap, led by ROP, BMI and ITRI.
Frequently Asked Questions
How much do PHO and VGT overlap?
PHO and VGT overlap by 0.3% of portfolio weight. They share 3 holdings (PHO holds 36 positions and VGT holds 317), based on each fund's latest SEC-reported holdings.
Is it redundant to own both PHO and VGT?
The two portfolios are 0.3% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of PHO and VGT?
The largest positions held by both funds are ROP, BMI and ITRI. Together the top 3 shared positions account for 99% of the total overlap.
What does PHO own that VGT doesn't?
33 positions (86.9% of PHO) are unique to PHO, led by FERG, WAT and ECL. In the other direction, 314 positions (99.6% of VGT) are unique to VGT.