PRF vs SPHQ: Holdings Overlap
Invesco · 1003 holdings · $10.0B · as of 2026-04-30
SPHQInvesco S&P 500 Quality ETF
Invesco · 99 holdings · $20.0B · as of 2026-04-30
How similar are PRF and SPHQ?
Invesco RAFI US 1000 ETF (PRF, by Invesco) holds 1003 positions; Invesco S&P 500 Quality ETF (SPHQ, by Invesco) holds 99. They have 96 holdings in common, and by portfolio weight the two funds are 15.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 15.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 96PRF holds 1003 · SPHQ holds 99
- Weight in Shared Holdings
- PRF 16%·SPHQ 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 PRF
907 of 1003 positions (84.1% of the fund) are not held by SPHQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | PRF | SPHQ |
|---|---|---|
| Information Technology | 20.1% | 27.6% |
| Industrials | 9.5% | 24.5% |
| Financials | 16.1% | 13.4% |
| Consumer Staples | 6.3% | 15.3% |
| Health Care | 11.7% | 8.4% |
| Other Sectors | 36.4% | 10.6% |
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% |
| SPHQ | -0.8% | +15.3% | +21.9% | +19.9% | +12.7% | +14.6% | 1.09% |
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 SPHQ →
Shared Holdings(96)
The top 10 shared positions account for 55% of the overlap, led by AAPL, CSCO and MRK.
 AAPLApple Inc. | 4.08% | 4.50% | 4.08% |
|---|---|---|---|
 CSCOCisco Systems, Inc. | 0.76% | 3.54% | 0.76% |
 MRKMerck & Co., Inc. | 0.69% | 2.86% | 0.69% |
 PGProcter & Gamble Co. (The) | 0.66% | 3.46% | 0.66% |
 CATCaterpillar Inc. | 0.58% | 3.78% | 0.58% |
 COSTCostco Wholesale Corp. | 0.45% | 4.81% | 0.45% |
 QCOMQUALCOMM Inc. | 0.44% | 2.03% | 0.44% |
 AMATApplied Materials, Inc. | 0.43% | 2.79% | 0.43% |
 LRCXLam Research Corp. | 0.35% | 4.09% | 0.35% |
 GILDGilead Sciences, Inc. | 0.35% | 2.27% | 0.35% |
 VVisa Inc., Class A | 0.32% | 4.68% | 0.32% |
 KOCoca-Cola Co. (The) | 0.31% | 3.33% | 0.31% |
 EOGEOG Resources, Inc. | 0.28% | 0.70% | 0.28% |
 WDCWestern Digital Corp. | 0.27% | 2.15% | 0.27% |
 UPSUnited Parcel Service, Inc., Class B | 0.26% | 0.85% | 0.26% |
 ACNAccenture PLC, Class A | 0.22% | 1.04% | 0.22% |
 MDLZMondelez International, Inc., Class A | 0.21% | 0.80% | 0.21% |
 MAMastercard Inc., Class A | 0.20% | 4.32% | 0.20% |
 NEMNewmont Corp. | 0.18% | 1.22% | 0.18% |
 ADBEAdobe Inc. | 0.18% | 1.44% | 0.18% |
 KLACKLA Corp. | 0.17% | 3.27% | 0.17% |
 TJXTJX Cos., Inc. (The) | 0.17% | 1.79% | 0.17% |
 EBAYeBay Inc. | 0.16% | 0.66% | 0.16% |
 ETNEaton Corp. PLC | 0.16% | 1.64% | 0.16% |
 MMM3M Co. | 0.16% | 1.17% | 0.16% |
Frequently Asked Questions
How much do PRF and SPHQ overlap?
PRF and SPHQ overlap by 15.9% of portfolio weight. They share 96 holdings (PRF holds 1003 positions and SPHQ holds 99), based on each fund's latest SEC-reported holdings.
Is it redundant to own both PRF and SPHQ?
The two portfolios are 15.9% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of PRF and SPHQ?
The largest positions held by both funds are AAPL, CSCO, MRK, PG and CAT. Together the top 10 shared positions account for 55% of the total overlap.
What does PRF own that SPHQ doesn't?
907 positions (84.1% of PRF) are unique to PRF, led by GOOGL, INTC and AMZN. In the other direction, 3 positions (0.3% of SPHQ) are unique to SPHQ.