RSPH vs RWL: Holdings Overlap
RSPHInvesco S&P 500 Equal Weight Health Care ETF
Invesco · 59 holdings · $776M · 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 (RSPH: 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 RSPH and RWL?
Invesco S&P 500 Equal Weight Health Care ETF (RSPH, by Invesco) holds 59 positions; Invesco S&P 500 Revenue ETF (RWL, by Invesco) holds 502. They have 59 holdings in common, and by portfolio weight the two funds are 18.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 18.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 59RSPH holds 59 · RWL holds 502
- Weight in Shared Holdings
- RSPH 100%·RWL 19%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 RSPH
Every position in RSPH is also held by RWL, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | RSPH | RWL |
|---|---|---|
| Health Care | 100.5% | 19.3% |
| Information Technology | 0.0% | 15.4% |
| Financials | 0.0% | 15.1% |
| Consumer Discretionary | 0.0% | 12.1% |
| Consumer Staples | 0.0% | 10.1% |
| Other Sectors | 0.0% | 27.8% |
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 |
|---|---|---|---|---|---|---|---|
| RSPH | +3.0% | +12.0% | +28.4% | +7.0% | +3.5% | +8.9% | 0.65% |
| 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 RSPH vs RWL →
Shared Holdings(59)
The top 10 shared positions account for 77% of the overlap, led by UNH, CVS and CNC.
 UNHUnitedHealth Group Inc. | 2.31% | 2.92% | 2.31% |
|---|---|---|---|
 CVSCVS Health Corp. | 1.96% | 2.37% | 1.96% |
 CNCCentene Corp. | 2.66% | 1.59% | 1.59% |
 MCKMcKesson Corp. | 1.55% | 1.55% | 1.55% |
 CICigna Group (The) | 1.98% | 1.43% | 1.43% |
 ELVElevance Health, Inc. | 2.31% | 1.32% | 1.32% |
 CORCencora, Inc. | 1.56% | 1.23% | 1.23% |
 HUMHumana Inc. | 2.46% | 1.13% | 1.13% |
 CAHCardinal Health, Inc. | 1.59% | 1.09% | 1.09% |
 JNJJohnson & Johnson | 1.68% | 0.43% | 0.43% |
 LLYEli Lilly and Co. | 1.66% | 0.35% | 0.35% |
 MRKMerck & Co., Inc. | 1.67% | 0.33% | 0.33% |
 PFEPfizer Inc. | 1.74% | 0.29% | 0.29% |
 ABBVAbbVie Inc. | 1.65% | 0.29% | 0.29% |
 HCAHCA Healthcare, Inc. | 1.44% | 0.26% | 0.26% |
 BMYBristol-Myers Squibb Co. | 1.80% | 0.23% | 0.23% |
 TMOThermo Fisher Scientific Inc. | 1.72% | 0.22% | 0.22% |
 ABTAbbott Laboratories | 1.46% | 0.17% | 0.17% |
 AMGNAmgen Inc. | 1.63% | 0.16% | 0.16% |
 MDTMedtronic PLC | 1.62% | 0.14% | 0.14% |
 GILDGilead Sciences, Inc. | 1.59% | 0.13% | 0.13% |
 DHRDanaher Corp. | 1.63% | 0.11% | 0.11% |
 SYKStryker Corp. | 1.62% | 0.11% | 0.11% |
 BDXBecton, Dickinson and Co. | 1.62% | 0.10% | 0.10% |
 GEHCGE HealthCare Technologies Inc. | 1.49% | 0.09% | 0.09% |
Frequently Asked Questions
How much do RSPH and RWL overlap?
RSPH and RWL overlap by 18.3% of portfolio weight. They share 59 holdings (RSPH holds 59 positions and RWL holds 502), based on each fund's latest SEC-reported holdings.
Is it redundant to own both RSPH and RWL?
The two portfolios are 18.3% 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 RSPH and RWL?
The largest positions held by both funds are UNH, CVS, CNC, MCK and CI. Together the top 10 shared positions account for 77% of the total overlap.
What does RSPH own that RWL doesn't?
Nothing. Every position in RSPH is also held by RWL. In the other direction, 443 positions (80.5% of RWL) are unique to RWL.