SPGP vs SPHQ: Holdings Overlap
Invesco · 73 holdings · $2.3B · as of 2026-04-30
SPHQInvesco S&P 500 Quality ETF
Invesco · 99 holdings · $20.0B · as of 2026-04-30
How similar are SPGP and SPHQ?
Invesco S&P 500 GARP ETF (SPGP, by Invesco) holds 73 positions; Invesco S&P 500 Quality ETF (SPHQ, by Invesco) holds 99. They have 25 holdings in common, and by portfolio weight the two funds are 16.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 16.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 25SPGP holds 73 · SPHQ holds 99
- Weight in Shared Holdings
- SPGP 32%·SPHQ 29%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 SPGP
48 of 73 positions (68.3% of the fund) are not held by SPHQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPGP | SPHQ |
|---|---|---|
| Information Technology | 18.0% | 27.6% |
| Financials | 25.7% | 13.4% |
| Industrials | 18.1% | 24.5% |
| Consumer Discretionary | 18.0% | 4.7% |
| Consumer Staples | 0.0% | 15.3% |
| Other Sectors | 20.2% | 14.3% |
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 |
|---|---|---|---|---|---|---|---|
| SPGP | +3.2% | +13.3% | +20.4% | +12.0% | +8.3% | +15.2% | 0.79% |
| SPHQ | -0.8% | +15.3% | +21.9% | +19.9% | +12.7% | +14.6% | 1.09% |
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 SPGP vs SPHQ →
Shared Holdings(25)
The top 10 shared positions account for 69% of the overlap, led by CAT, KLAC and APP.
 CATCaterpillar Inc. | 1.45% | 3.78% | 1.45% |
|---|---|---|---|
 KLACKLA Corp. | 1.38% | 3.27% | 1.38% |
 APPAppLovin Corp., Class A | 1.36% | 1.56% | 1.36% |
 TTTrane Technologies PLC | 1.32% | 1.29% | 1.29% |
 PGRProgressive Corp. (The) | 1.14% | 1.40% | 1.14% |
 MAMastercard Inc., Class A | 1.04% | 4.32% | 1.04% |
 PHParker-Hannifin Corp. | 0.98% | 1.08% | 0.98% |
 VVisa Inc., Class A | 0.97% | 4.68% | 0.97% |
 ADBEAdobe Inc. | 0.87% | 1.44% | 0.87% |
 FTNTFortinet, Inc. | 1.69% | 0.85% | 0.85% |
 EBAYeBay Inc. | 2.05% | 0.66% | 0.66% |
 AMPAmeriprise Financial, Inc. | 0.92% | 0.61% | 0.61% |
 ABNBAirbnb, Inc., Class A | 2.25% | 0.60% | 0.60% |
 GWWW.W. Grainger, Inc. | 1.16% | 0.55% | 0.55% |
 EMEEMCOR Group, Inc. | 2.06% | 0.47% | 0.47% |
 ACGLArch Capital Group Ltd. | 1.59% | 0.34% | 0.34% |
 RMDResMed Inc. | 0.85% | 0.32% | 0.32% |
 EXPEExpedia Group, Inc. | 1.69% | 0.32% | 0.32% |
 HUBBHubbell Inc. | 1.12% | 0.28% | 0.28% |
 ULTAUlta Beauty, Inc. | 0.89% | 0.22% | 0.22% |
 DECKDeckers Outdoor Corp. | 1.38% | 0.16% | 0.16% |
 RLRalph Lauren Corp. | 1.15% | 0.15% | 0.15% |
 LULULululemon Athletica Inc. | 0.98% | 0.15% | 0.15% |
 ITGartner, Inc. | 0.65% | 0.13% | 0.13% |
 ERIEErie Indemnity Co., Class A | 0.83% | 0.07% | 0.07% |
Frequently Asked Questions
How much do SPGP and SPHQ overlap?
SPGP and SPHQ overlap by 16.3% of portfolio weight. They share 25 holdings (SPGP holds 73 positions and SPHQ holds 99), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPGP and SPHQ?
The two portfolios are 16.3% 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 SPGP and SPHQ?
The largest positions held by both funds are CAT, KLAC, APP, TT and PGR. Together the top 10 shared positions account for 69% of the total overlap.
What does SPGP own that SPHQ doesn't?
48 positions (68.3% of SPGP) are unique to SPGP, led by MPWR, NVDA and HST. In the other direction, 74 positions (71.1% of SPHQ) are unique to SPHQ.