PRF vs SPLV: Holdings Overlap
Invesco · 1003 holdings · $10.0B · as of 2026-04-30
SPLVInvesco S&P 500 Low Volatility ETF
Invesco · 100 holdings · $7.2B · as of 2026-05-31
Holdings snapshots are 31 days apart (PRF: 2026-04-30, SPLV: 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 SPLV?
Invesco RAFI US 1000 ETF (PRF, by Invesco) holds 1003 positions; Invesco S&P 500 Low Volatility ETF (SPLV, by Invesco) holds 100. They have 100 holdings in common, and by portfolio weight the two funds are 17.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 17.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 100PRF holds 1003 · SPLV holds 100
- Weight in Shared Holdings
- PRF 19%·SPLV 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
903 of 1003 positions (80.6% of the fund) are not held by SPLV. Showing the top 30 by weight.
Only in SPLV
Every position in SPLV is also held by PRF, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | PRF | SPLV |
|---|---|---|
| Utilities | 3.1% | 25.0% |
| Financials | 16.1% | 21.0% |
| Information Technology | 20.1% | 0.8% |
| Real Estate | 2.3% | 17.7% |
| Industrials | 9.5% | 12.2% |
| Other Sectors | 48.8% | 22.9% |
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% |
| SPLV | -0.7% | +8.1% | +6.1% | +9.1% | +6.0% | +8.3% | 2.12% |
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 SPLV →
Shared Holdings(100)
The top 10 shared positions account for 46% of the overlap, led by BRK-B, JNJ and CVX.
 BRK-BBerkshire Hathaway Inc., Class B | 1.69% | 1.28% | 1.28% |
|---|---|---|---|
 JNJJohnson & Johnson | 1.09% | 1.15% | 1.09% |
 CVXChevron Corp. | 1.33% | 0.88% | 0.88% |
 JPMJPMorgan Chase & Co. | 1.55% | 0.87% | 0.87% |
 BACBank of America Corp. | 1.13% | 0.87% | 0.87% |
 WMTWalmart Inc. | 0.94% | 0.78% | 0.78% |
 TAT&T Inc. | 0.76% | 0.85% | 0.76% |
 PGProcter & Gamble Co. (The) | 0.66% | 1.07% | 0.66% |
 COSTCostco Wholesale Corp. | 0.45% | 1.02% | 0.45% |
 PEPPepsiCo, Inc. | 0.40% | 0.84% | 0.40% |
 UNPUnion Pacific Corp. | 0.33% | 0.88% | 0.33% |
 VVisa Inc., Class A | 0.32% | 0.90% | 0.32% |
 KOCoca-Cola Co. (The) | 0.31% | 1.18% | 0.31% |
 LINLinde PLC | 0.28% | 1.17% | 0.28% |
 HONHoneywell International Inc. | 0.27% | 0.98% | 0.27% |
 USBU.S. Bancorp | 0.26% | 0.85% | 0.26% |
 MOAltria Group, Inc. | 0.26% | 0.86% | 0.26% |
 DUKDuke Energy Corp. | 0.26% | 1.25% | 0.26% |
 PNCPNC Financial Services Group, Inc. (The) | 0.24% | 0.88% | 0.24% |
 BNYBank of New York Mellon Corp. (The) | 0.23% | 1.03% | 0.23% |
 AEXChubb Ltd. | 0.22% | 1.06% | 0.22% |
 MCDMcDonald's Corp. | 0.22% | 1.16% | 0.22% |
 MDLZMondelez International, Inc., Class A | 0.21% | 0.85% | 0.21% |
 SOSouthern Co. (The) | 0.21% | 1.16% | 0.21% |
 MAMastercard Inc., Class A | 0.20% | 0.89% | 0.20% |
Frequently Asked Questions
How much do PRF and SPLV overlap?
PRF and SPLV overlap by 17.5% of portfolio weight. They share 100 holdings (PRF holds 1003 positions and SPLV holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both PRF and SPLV?
The two portfolios are 17.5% 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 SPLV?
The largest positions held by both funds are BRK-B, JNJ, CVX, JPM and BAC. Together the top 10 shared positions account for 46% of the total overlap.
What does PRF own that SPLV doesn't?
903 positions (80.6% of PRF) are unique to PRF, led by GOOGL, AAPL and INTC. In the other direction, 0 positions (0.0% of SPLV) are unique to SPLV.