RSP vs XLC: Holdings Overlap
RSPInvesco S&P 500 Equal Weight ETF
Invesco · 504 holdings · $97.5B · as of 2026-04-30
XLCState Street® Communication Services Select Sector SPDR® ETF
State Street (SPDR) · 23 holdings · $21.7B · as of 2026-08-06
Holdings snapshots are 98 days apart (RSP: 2026-04-30, XLC: 2026-08-06). 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 RSP and XLC?
Invesco S&P 500 Equal Weight ETF (RSP, by Invesco) holds 504 positions; State Street® Communication Services Select Sector SPDR® ETF (XLC, by State Street (SPDR)) holds 23. They have 23 holdings in common, and by portfolio weight the two funds are 3.8% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 23RSP holds 504 · XLC holds 23
- Weight in Shared Holdings
- RSP 4%·XLC 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 RSP
481 of 504 positions (95.7% of the fund) are not held by XLC. Showing the top 30 by weight.
Only in XLC
Every position in XLC is also held by RSP, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | RSP | XLC |
|---|---|---|
| Communication Services | 4.0% | 99.8% |
| Information Technology | 15.9% | 0.0% |
| Industrials | 15.5% | 0.0% |
| Financials | 15.5% | 0.0% |
| Health Care | 10.9% | 0.0% |
| Other Sectors | 37.8% | 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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| RSP | +2.5% | +15.8% | +22.4% | +14.8% | +9.2% | +12.0% | 1.46% |
| XLC | +0.2% | -5.0% | +5.0% | +19.1% | +7.2% | — | 1.29% |
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 RSP vs XLC →
Shared Holdings(23)
The top 10 shared positions account for 51% of the overlap, led by ECHO, PSKY and DIS.
 ECHOEchoStar Corp., Class A | 0.21% | 2.19% | 0.21% |
|---|---|---|---|
 PSKYParamount Skydance Corp., Class B | 0.20% | 0.53% | 0.20% |
 DISWalt Disney Company COM | 0.20% | 4.77% | 0.20% |
 TTWOTake-Two Interactive Software Inc. COM | 0.19% | 4.23% | 0.19% |
 NFLXNetflix, Inc. COM | 0.19% | 4.49% | 0.19% |
 WBDWarner Bros. Discovery Inc. COM SER A | 0.19% | 4.38% | 0.19% |
 APPAppLovin Corp., Class A | 0.19% | 1.45% | 0.19% |
 TAT&T Inc COM | 0.18% | 4.89% | 0.18% |
 OMCOmnicom Group Inc COM | 0.18% | 4.35% | 0.18% |
 LYVLive Nation Entertainment, Inc. COM | 0.18% | 4.48% | 0.18% |
 VZVerizon Communications Inc. COM | 0.18% | 4.79% | 0.18% |
 METAMeta Platforms, Inc., Class A | 0.18% | 17.57% | 0.18% |
 TKOTKO Group Holdings, Inc., Class A | 0.18% | 2.18% | 0.18% |
 TMUST-Mobile US Inc COM | 0.18% | 4.65% | 0.18% |
 CMCSAComcast Corporation CL A | 0.17% | 4.67% | 0.17% |
 TTDTrade Desk, Inc. (The), Class A | 0.17% | 1.40% | 0.17% |
 NWSANews Corporation CL A | 0.15% | 2.00% | 0.15% |
 CHTRCharter Communications, Inc., Class A | 0.14% | 2.43% | 0.14% |
 GOOGLAlphabet Inc. CAP STK CL A | 0.13% | 11.04% | 0.13% |
 FOXAFox Corporation CL A COM | 0.13% | 2.28% | 0.13% |
 GOOGAlphabet Inc. CAP STK CL C | 0.11% | 8.87% | 0.11% |
 FOXFox Corporation CL B COM | 0.08% | 1.42% | 0.08% |
 NWSNews Corporation CL B | 0.06% | 0.75% | 0.06% |
Frequently Asked Questions
How much do RSP and XLC overlap?
RSP and XLC overlap by 3.8% of portfolio weight. They share 23 holdings (RSP holds 504 positions and XLC holds 23), based on each fund's latest SEC-reported holdings.
Is it redundant to own both RSP and XLC?
The two portfolios are 3.8% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of RSP and XLC?
The largest positions held by both funds are ECHO, PSKY, DIS, TTWO and NFLX. Together the top 10 shared positions account for 51% of the total overlap.
What does RSP own that XLC doesn't?
481 positions (95.7% of RSP) are unique to RSP, led by INTC, STX and AMD. In the other direction, 0 positions (0.0% of XLC) are unique to XLC.