RSPG vs XLE: Holdings Overlap
RSPGInvesco S&P 500 Equal Weight Energy ETF
Invesco · 22 holdings · $568M · as of 2026-04-30
XLEState Street® Energy Select Sector SPDR® ETF
State Street (SPDR) · 22 holdings · $38.5B · as of 2026-08-06
Holdings snapshots are 98 days apart (RSPG: 2026-04-30, XLE: 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 RSPG and XLE?
Invesco S&P 500 Equal Weight Energy ETF (RSPG, by Invesco) holds 22 positions; State Street® Energy Select Sector SPDR® ETF (XLE, by State Street (SPDR)) holds 22. They have 20 holdings in common, and by portfolio weight the two funds are 65.8% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 65.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 20RSPG holds 22 · XLE holds 22
- Weight in Shared Holdings
- RSPG 91%·XLE 79%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
Sector Breakdown
| Sector | RSPG | XLE |
|---|---|---|
| Energy | 100.0% | 99.8% |
| Other Sectors | 0.0% | 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 |
|---|---|---|---|---|---|---|---|
| RSPG | +3.2% | +30.6% | +43.1% | +13.6% | +23.6% | +9.0% | 2.03% |
| XLE | +5.2% | +30.4% | +40.5% | +13.3% | +22.8% | +9.8% | 2.64% |
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 RSPG vs XLE →
Shared Holdings(20)
The top 10 shared positions account for 66% of the overlap, led by MPC, VLO and SLB.
 MPCMarathon Petroleum Corp. COM | 4.63% | 4.78% | 4.63% |
|---|---|---|---|
 VLOValero Energy Corp. COM | 4.62% | 4.71% | 4.62% |
 SLBSLB Ltd. COM USD0.01 | 4.99% | 4.60% | 4.60% |
 COPConocoPhillips COM | 4.54% | 6.04% | 4.54% |
 PSXPhillips 66 COM | 4.47% | 4.89% | 4.47% |
 EOGEOG Resources Inc. COM | 4.49% | 4.28% | 4.28% |
 CVXChevron Corp. COM | 4.26% | 15.05% | 4.26% |
 WMBWilliams Companies Inc. (The) COM | 4.34% | 3.98% | 3.98% |
 BKRBaker Hughes Co., Class A | 5.00% | 3.95% | 3.95% |
 KMIKinder Morgan, Inc. COM | 4.20% | 3.90% | 3.90% |
 TRGPTarga Resources Corp. COM | 4.65% | 3.66% | 3.66% |
 OKEOneok Inc. COM | 4.56% | 3.53% | 3.53% |
 DVNDevon Energy Corporation COM | 4.79% | 3.16% | 3.16% |
 OXYOccidental Petroleum Corp. COM | 4.61% | 2.59% | 2.59% |
 FANGDiamondback Energy Inc COM | 4.92% | 2.34% | 2.34% |
 EQTEQT Corporation COM | 3.98% | 2.05% | 2.05% |
 HALHalliburton Company COM | 4.98% | 1.73% | 1.73% |
 EXEExpand Energy Corp. COM | 3.98% | 1.40% | 1.40% |
 TPLTexas Pacific Land Corporation COM | 3.57% | 1.31% | 1.31% |
 APAAPA Corp. COM | 5.22% | 0.82% | 0.82% |
Frequently Asked Questions
How much do RSPG and XLE overlap?
RSPG and XLE overlap by 65.8% of portfolio weight. They share 20 holdings (RSPG holds 22 positions and XLE holds 22), based on each fund's latest SEC-reported holdings.
Is it redundant to own both RSPG and XLE?
The two portfolios are 65.8% 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 RSPG and XLE?
The largest positions held by both funds are MPC, VLO, SLB, COP and PSX. Together the top 10 shared positions account for 66% of the total overlap.
What does RSPG own that XLE doesn't?
2 positions (9.2% of RSPG) are unique to RSPG, led by CTRA and XOM. In the other direction, 2 positions (21.0% of XLE) are unique to XLE.