PHO vs VOT: Holdings Overlap
PHOInvesco Water Resources ETF
Invesco · 36 holdings · $2.1B · as of 2026-04-30
VOTVanguard Mid-cap Growth Index Fund
Vanguard · 130 holdings · $19.9B · as of 2026-03-31
Holdings snapshots are 30 days apart (PHO: 2026-04-30, VOT: 2026-03-31). 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 VOT?
Invesco Water Resources ETF (PHO, by Invesco) holds 36 positions; Vanguard Mid-cap Growth Index Fund (VOT, by Vanguard) holds 130. They have 3 holdings in common, and by portfolio weight the two funds are 2.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 3PHO holds 36 · VOT holds 130
- Weight in Shared Holdings
- PHO 16%·VOT 2%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 (84.1% of the fund) are not held by VOT. Showing the top 30 by weight.
Only in VOT
127 of 130 positions (97.9% of the fund) are not held by PHO. Showing the top 30 by weight.
Sector Breakdown
| Sector | PHO | VOT |
|---|---|---|
| Industrials | 55.4% | 25.1% |
| Information Technology | 13.0% | 22.5% |
| Consumer Discretionary | 0.0% | 15.2% |
| Utilities | 12.8% | 3.6% |
| Health Care | 8.2% | 10.5% |
| Other Sectors | 8.1% | 23.0% |
| 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 VOT).
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% |
| VOT | +1.9% | +10.1% | +7.1% | +14.7% | +5.4% | +11.9% | 0.59% |
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 VOT →
Shared Holdings(3)
The top 3 shared positions account for 100% of the overlap, led by WAT, XYL and VLTO.
Frequently Asked Questions
How much do PHO and VOT overlap?
PHO and VOT overlap by 2.1% of portfolio weight. They share 3 holdings (PHO holds 36 positions and VOT holds 130), based on each fund's latest SEC-reported holdings.
Is it redundant to own both PHO and VOT?
The two portfolios are 2.1% 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 VOT?
The largest positions held by both funds are WAT, XYL and VLTO. Together the top 3 shared positions account for 100% of the total overlap.
What does PHO own that VOT doesn't?
33 positions (84.1% of PHO) are unique to PHO, led by FERG, ROP and ECL. In the other direction, 127 positions (97.9% of VOT) are unique to VOT.