PTLC vs RWL: Holdings Overlap
PTLCPacer Trendpilot US Large Cap ETF
Pacer · 504 holdings · $3.3B · as of 2026-04-30
RWLInvesco S&P 500 Revenue ETF
Invesco · 502 holdings · $9.8B · as of 2026-05-31
Holdings snapshots are 31 days apart (PTLC: 2026-04-30, RWL: 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 PTLC and RWL?
Pacer Trendpilot US Large Cap ETF (PTLC, by Pacer) holds 504 positions; Invesco S&P 500 Revenue ETF (RWL, by Invesco) holds 502. They have 500 holdings in common, and by portfolio weight the two funds are 58.6% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 58.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 500PTLC holds 504 · RWL holds 502
- Weight in Shared Holdings
- PTLC 100%·RWL 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 PTLC
4 of 504 positions (0.1% of the fund) are not held by RWL.
Only in RWL
2 of 502 positions (0.1% of the fund) are not held by PTLC.
CCLCarnival Corp. Ltd.0.14%
2602335DTPG Inc.0.00%
Sector Breakdown
| Sector | PTLC | RWL |
|---|---|---|
| Information Technology | 34.8% | 15.4% |
| Health Care | 8.5% | 19.3% |
| Financials | 12.0% | 15.1% |
| Consumer Discretionary | 10.0% | 12.1% |
| Communication Services | 11.2% | 7.2% |
| Other Sectors | 23.4% | 30.7% |
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 |
|---|---|---|---|---|---|---|---|
| PTLC | +3.4% | +8.5% | +17.4% | +13.9% | +10.3% | +11.1% | 0.98% |
| RWL | +3.1% | +17.9% | +31.3% | +19.4% | +14.1% | +14.1% | 1.20% |
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 PTLC vs RWL →
Shared Holdings(500)
The top 10 shared positions account for 29% of the overlap, led by AMZN, AAPL and MSFT.
 AMZNAmazon.com, Inc. | 4.20% | 4.47% | 4.20% |
|---|---|---|---|
 AAPLApple Inc. | 6.46% | 2.55% | 2.55% |
 MSFTMicrosoft Corp. | 4.91% | 1.66% | 1.66% |
 BRK-BBerkshire Hathaway Inc., Class B | 1.41% | 1.75% | 1.41% |
 JPMJPMorgan Chase & Co. | 1.37% | 1.43% | 1.37% |
 GOOGLAlphabet Inc., Class A | 3.63% | 1.22% | 1.22% |
 GOOGAlphabet Inc., Class C | 2.89% | 1.20% | 1.20% |
 NVDANVIDIA Corp. | 7.86% | 1.20% | 1.20% |
 XOMExxon Mobil Corp. | 1.05% | 1.52% | 1.05% |
 METAMeta Platforms, Inc., Class A | 2.17% | 0.95% | 0.95% |
 WMTWalmart Inc. | 0.94% | 3.27% | 0.94% |
 COSTCostco Wholesale Corp. | 0.73% | 1.35% | 0.73% |
 INTCIntel Corp. | 0.72% | 0.62% | 0.62% |
 CVXChevron Corp. | 0.59% | 0.86% | 0.59% |
 BACBank of America Corp. | 0.57% | 1.02% | 0.57% |
 UNHUnitedHealth Group Inc. | 0.54% | 2.92% | 0.54% |
 HDHome Depot, Inc. (The) | 0.53% | 0.73% | 0.53% |
 TSLATesla, Inc. | 1.74% | 0.50% | 0.50% |
 MUMicron Technology, Inc. | 0.94% | 0.48% | 0.48% |
 GSGoldman Sachs Group, Inc. (The) | 0.45% | 0.77% | 0.45% |
 CSCOCisco Systems, Inc. | 0.59% | 0.45% | 0.45% |
 AVGOBroadcom Inc. | 3.21% | 0.44% | 0.44% |
 JNJJohnson & Johnson | 0.90% | 0.43% | 0.43% |
 AMDAdvanced Micro Devices, Inc. | 0.94% | 0.43% | 0.43% |
 ORCLOracle Corp. | 0.44% | 0.41% | 0.41% |
Showing the top 250 of 500 shared holdings by overlap weight.
Frequently Asked Questions
How much do PTLC and RWL overlap?
PTLC and RWL overlap by 58.6% of portfolio weight. They share 500 holdings (PTLC holds 504 positions and RWL holds 502), based on each fund's latest SEC-reported holdings.
Is it redundant to own both PTLC and RWL?
The two portfolios are 58.6% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of PTLC and RWL?
The largest positions held by both funds are AMZN, AAPL, MSFT, BRK-B and JPM. Together the top 10 shared positions account for 29% of the total overlap.
What does PTLC own that RWL doesn't?
4 positions (0.1% of PTLC) are unique to PTLC, led by CCL, CASY and CTRA. In the other direction, 2 positions (0.1% of RWL) are unique to RWL.