SPGP vs TCAF: Holdings Overlap
Invesco · 73 holdings · $2.3B · as of 2026-04-30
TCAFT. Rowe Price Capital Appreciation Equity ETF
T. Rowe Price · 92 holdings · $8.3B · as of 2026-03-31
Holdings snapshots are 30 days apart (SPGP: 2026-04-30, TCAF: 2026-03-31). 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 SPGP and TCAF?
Invesco S&P 500 GARP ETF (SPGP, by Invesco) holds 73 positions; T. Rowe Price Capital Appreciation Equity ETF (TCAF, by T. Rowe Price) holds 92. They have 12 holdings in common, and by portfolio weight the two funds are 9.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 9.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 12SPGP holds 73 · TCAF holds 92
- Weight in Shared Holdings
- SPGP 17%·TCAF 24%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
61 of 73 positions (83.5% of the fund) are not held by TCAF. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPGP | TCAF |
|---|---|---|
| Information Technology | 18.0% | 30.5% |
| Financials | 25.7% | 7.1% |
| Industrials | 18.1% | 5.0% |
| Consumer Discretionary | 18.0% | 12.1% |
| Health Care | 3.8% | 17.6% |
| Other Sectors | 16.3% | 24.2% |
| Unclassified | 0.0% | 3.3% |
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. “Unclassified” is weight we could not classify (0% of SPGP, 3% of TCAF).
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% |
| TCAF | +3.1% | +12.1% | +18.5% | +18.6% | — | — | 0.45% |
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 TCAF →
Shared Holdings(12)
The top 10 shared positions account for 98% of the overlap, led by NVDA, LLY and MA.
 NVDANVIDIA Corp. COM | 2.72% | 5.34% | 2.72% |
|---|---|---|---|
 LLYEli Lilly & Co. COM | 1.11% | 1.44% | 1.11% |
 MAMasterCard Incorporated CL A | 1.04% | 1.43% | 1.04% |
 METAMeta Platforms, Inc., Class A | 1.02% | 3.93% | 1.02% |
 VVisa, Inc., Class A | 0.97% | 1.43% | 0.97% |
 PTCPTC Inc COM | 0.81% | 2.20% | 0.81% |
 MSFTMicrosoft Corp. COM | 0.78% | 7.12% | 0.78% |
 KLACKLA Corp. COM NEW | 1.38% | 0.56% | 0.56% |
 SLBSLB Ltd. COM USD0.01 | 1.74% | 0.35% | 0.35% |
 ANETArista Networks Inc COM SHS | 2.60% | 0.28% | 0.28% |
 CMGChipotle Mexican Grill, Inc., Class A | 1.22% | 0.15% | 0.15% |
 GOOGAlphabet Inc. CAP STK CL C | 1.15% | 0.09% | 0.09% |
Frequently Asked Questions
How much do SPGP and TCAF overlap?
SPGP and TCAF overlap by 9.9% of portfolio weight. They share 12 holdings (SPGP holds 73 positions and TCAF holds 92), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPGP and TCAF?
The two portfolios are 9.9% 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 TCAF?
The largest positions held by both funds are NVDA, LLY, MA, META and V. Together the top 10 shared positions account for 98% of the total overlap.
What does SPGP own that TCAF doesn't?
61 positions (83.5% of SPGP) are unique to SPGP, led by MPWR, HST and ABNB. In the other direction, 80 positions (75.5% of TCAF) are unique to TCAF.