PRF vs PBUS: Holdings Overlap
Invesco · 1003 holdings · $10.0B · as of 2026-04-30
Invesco · 537 holdings · $11.4B · as of 2026-05-31
Holdings snapshots are 31 days apart (PRF: 2026-04-30, PBUS: 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 PRF and PBUS?
Invesco RAFI US 1000 ETF (PRF, by Invesco) holds 1003 positions; Invesco MSCI USA ETF (PBUS, by Invesco) holds 537. They have 495 holdings in common, and by portfolio weight the two funds are 61.7% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 61.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 495PRF holds 1003 · PBUS holds 537
- Weight in Shared Holdings
- PRF 88%·PBUS 95%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 PRF
508 of 1003 positions (11.7% of the fund) are not held by PBUS. Showing the top 30 by weight.
Sector Breakdown
| Sector | PRF | PBUS |
|---|---|---|
| Information Technology | 20.1% | 38.0% |
| Financials | 16.1% | 11.1% |
| Health Care | 11.7% | 8.3% |
| Communication Services | 10.2% | 10.7% |
| Consumer Discretionary | 8.7% | 9.7% |
| Other Sectors | 33.2% | 21.8% |
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 |
|---|---|---|---|---|---|---|---|
| PRF | +2.9% | +20.0% | +33.4% | +20.5% | +13.5% | +13.8% | 1.33% |
| PBUS | +3.4% | +14.0% | +23.4% | +21.4% | +12.9% | — | 0.99% |
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 PRF vs PBUS →
Shared Holdings(495)
The top 10 shared positions account for 30% of the overlap, led by AAPL, GOOGL and AMZN.
 AAPLApple Inc. | 4.08% | 6.94% | 4.08% |
|---|---|---|---|
 GOOGLAlphabet Inc., Class A | 4.79% | 3.35% | 3.35% |
 AMZNAmazon.com, Inc. | 2.32% | 3.94% | 2.32% |
 MSFTMicrosoft Corp. | 2.17% | 4.81% | 2.17% |
 METAMeta Platforms, Inc., Class A | 1.42% | 2.09% | 1.42% |
 JPMJPMorgan Chase & Co. | 1.55% | 1.23% | 1.23% |
 BRK-BBerkshire Hathaway Inc., Class B | 1.69% | 0.99% | 0.99% |
 XOMExxon Mobil Corp. | 1.88% | 0.93% | 0.93% |
 MUMicron Technology, Inc. | 0.90% | 1.65% | 0.90% |
 JNJJohnson & Johnson | 1.09% | 0.82% | 0.82% |
 INTCIntel Corp. | 2.62% | 0.78% | 0.78% |
 WMTWalmart Inc. | 0.94% | 0.77% | 0.77% |
 CSCOCisco Systems, Inc. | 0.76% | 0.72% | 0.72% |
 AVGOBroadcom Inc. | 0.66% | 3.05% | 0.66% |
 CATCaterpillar Inc. | 0.58% | 0.62% | 0.58% |
 NVDANVIDIA Corp. | 0.56% | 7.77% | 0.56% |
 BACBank of America Corp. | 1.13% | 0.54% | 0.54% |
 CVXChevron Corp. | 1.33% | 0.53% | 0.53% |
 UNHUnitedHealth Group Inc. | 1.17% | 0.52% | 0.52% |
 PGProcter & Gamble Co. (The) | 0.66% | 0.51% | 0.51% |
 ABBVAbbVie Inc. | 0.49% | 0.58% | 0.49% |
 GSGoldman Sachs Group, Inc. (The) | 0.58% | 0.47% | 0.47% |
 HDHome Depot, Inc. (The) | 0.45% | 0.48% | 0.45% |
 AMDAdvanced Micro Devices, Inc. | 0.45% | 1.27% | 0.45% |
 COSTCostco Wholesale Corp. | 0.45% | 0.64% | 0.45% |
Showing the top 250 of 495 shared holdings by overlap weight.
Frequently Asked Questions
How much do PRF and PBUS overlap?
PRF and PBUS overlap by 61.7% of portfolio weight. They share 495 holdings (PRF holds 1003 positions and PBUS holds 537), based on each fund's latest SEC-reported holdings.
Is it redundant to own both PRF and PBUS?
The two portfolios are 61.7% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of PRF and PBUS?
The largest positions held by both funds are AAPL, GOOGL, AMZN, MSFT and META. Together the top 10 shared positions account for 30% of the total overlap.
What does PRF own that PBUS doesn't?
508 positions (11.7% of PRF) are unique to PRF, led by MRNA, VTRS and OVV. In the other direction, 42 positions (4.6% of PBUS) are unique to PBUS.