SPGP vs XLC: Holdings Overlap
Invesco · 73 holdings · $2.3B · 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 (SPGP: 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 SPGP and XLC?
Invesco S&P 500 GARP ETF (SPGP, by Invesco) holds 73 positions; State Street® Communication Services Select Sector SPDR® ETF (XLC, by State Street (SPDR)) holds 23. They have 6 holdings in common, and by portfolio weight the two funds are 6.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 6SPGP holds 73 · XLC holds 23
- Weight in Shared Holdings
- SPGP 7%·XLC 39%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
67 of 73 positions (93.5% of the fund) are not held by XLC. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPGP | XLC |
|---|---|---|
| Communication Services | 6.6% | 99.8% |
| Financials | 25.7% | 0.0% |
| Industrials | 18.1% | 0.0% |
| Consumer Discretionary | 18.0% | 0.0% |
| Information Technology | 18.0% | 0.0% |
| Other Sectors | 13.6% | 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 |
|---|---|---|---|---|---|---|---|
| SPGP | +3.2% | +13.3% | +20.4% | +12.0% | +8.3% | +15.2% | 0.79% |
| 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 SPGP vs XLC →
Shared Holdings(6)
The top 6 shared positions account for 100% of the overlap, led by APP, DIS and GOOG.
 APPAppLovin Corp., Class A | 1.36% | 1.45% | 1.36% |
|---|---|---|---|
 DISWalt Disney Company COM | 1.15% | 4.77% | 1.15% |
 GOOGAlphabet Inc. CAP STK CL C | 1.15% | 8.87% | 1.15% |
 METAMeta Platforms, Inc., Class A | 1.02% | 17.57% | 1.02% |
 FOXAFox Corporation CL A COM | 0.97% | 2.28% | 0.97% |
 NFLXNetflix, Inc. COM | 0.92% | 4.49% | 0.92% |
Frequently Asked Questions
How much do SPGP and XLC overlap?
SPGP and XLC overlap by 6.6% of portfolio weight. They share 6 holdings (SPGP holds 73 positions and XLC holds 23), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPGP and XLC?
The two portfolios are 6.6% 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 XLC?
The largest positions held by both funds are APP, DIS, GOOG, META and FOXA. Together the top 6 shared positions account for 100% of the total overlap.
What does SPGP own that XLC doesn't?
67 positions (93.5% of SPGP) are unique to SPGP, led by MPWR, NVDA and HST. In the other direction, 17 positions (60.4% of XLC) are unique to XLC.