SPHQ vs SPLV: Holdings Overlap
SPHQInvesco S&P 500 Quality ETF
Invesco · 99 holdings · $20.0B · as of 2026-04-30
SPLVInvesco S&P 500 Low Volatility ETF
Invesco · 100 holdings · $7.2B · as of 2026-05-31
Holdings snapshots are 31 days apart (SPHQ: 2026-04-30, SPLV: 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 SPHQ and SPLV?
Invesco S&P 500 Quality ETF (SPHQ, by Invesco) holds 99 positions; Invesco S&P 500 Low Volatility ETF (SPLV, by Invesco) holds 100. They have 17 holdings in common, and by portfolio weight the two funds are 12.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 12.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 17SPHQ holds 99 · SPLV holds 100
- Weight in Shared Holdings
- SPHQ 29%·SPLV 16%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 SPHQ
82 of 99 positions (71.2% of the fund) are not held by SPLV. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPHQ | SPLV |
|---|---|---|
| Information Technology | 27.6% | 0.8% |
| Utilities | 1.0% | 25.0% |
| Industrials | 24.5% | 12.2% |
| Financials | 13.4% | 21.0% |
| Real Estate | 0.0% | 17.7% |
| Other Sectors | 33.3% | 22.9% |
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 |
|---|---|---|---|---|---|---|---|
| SPHQ | -0.8% | +15.3% | +21.9% | +19.9% | +12.7% | +14.6% | 1.09% |
| SPLV | -0.7% | +8.1% | +6.1% | +9.1% | +6.0% | +8.3% | 2.12% |
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 SPHQ vs SPLV →
Shared Holdings(17)
The top 10 shared positions account for 76% of the overlap, led by KO, TJX and PG.
 KOCoca-Cola Co. (The) | 3.33% | 1.18% | 1.18% |
|---|---|---|---|
 TJXTJX Cos., Inc. (The) | 1.79% | 1.13% | 1.13% |
 PGProcter & Gamble Co. (The) | 3.46% | 1.07% | 1.07% |
 COSTCostco Wholesale Corp. | 4.81% | 1.02% | 1.02% |
 VVisa Inc., Class A | 4.68% | 0.90% | 0.90% |
 ITWIllinois Tool Works Inc. | 0.94% | 0.89% | 0.89% |
 MAMastercard Inc., Class A | 4.32% | 0.89% | 0.89% |
 MNSTMonster Beverage Corp. | 0.82% | 0.98% | 0.82% |
 MDLZMondelez International, Inc., Class A | 0.80% | 0.85% | 0.80% |
 MSIMotorola Solutions, Inc. | 0.74% | 0.84% | 0.74% |
 CLColgate-Palmolive Co. | 0.71% | 0.96% | 0.71% |
 CTASCintas Corp. | 0.62% | 1.05% | 0.62% |
 AMEAMETEK, Inc. | 0.53% | 0.84% | 0.53% |
 ACGLArch Capital Group Ltd. | 0.34% | 0.85% | 0.34% |
 RMDResMed Inc. | 0.32% | 0.81% | 0.32% |
 CHDChurch & Dwight Co., Inc. | 0.25% | 0.89% | 0.25% |
 SNASnap-on Inc. | 0.19% | 0.89% | 0.19% |
Frequently Asked Questions
How much do SPHQ and SPLV overlap?
SPHQ and SPLV overlap by 12.4% of portfolio weight. They share 17 holdings (SPHQ holds 99 positions and SPLV holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPHQ and SPLV?
The two portfolios are 12.4% 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 SPHQ and SPLV?
The largest positions held by both funds are KO, TJX, PG, COST and V. Together the top 10 shared positions account for 76% of the total overlap.
What does SPHQ own that SPLV doesn't?
82 positions (71.2% of SPHQ) are unique to SPHQ, led by AAPL, GE and LRCX. In the other direction, 83 positions (83.6% of SPLV) are unique to SPLV.