SPHQ vs VOO: Holdings Overlap
SPHQInvesco S&P 500 Quality ETF
Invesco · 99 holdings · $20.0B · as of 2026-04-30
Vanguard · 504 holdings · $1.03T · as of 2026-03-31
Holdings snapshots are 30 days apart (SPHQ: 2026-04-30, VOO: 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 SPHQ and VOO?
Invesco S&P 500 Quality ETF (SPHQ, by Invesco) holds 99 positions; Vanguard 500 Index Fund (VOO, by Vanguard) holds 504. They have 99 holdings in common, and by portfolio weight the two funds are 18.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 18.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 99SPHQ holds 99 · VOO holds 504
- Weight in Shared Holdings
- SPHQ 100%·VOO 21%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
Every position in SPHQ is also held by VOO, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | SPHQ | VOO |
|---|---|---|
| Information Technology | 27.6% | 32.7% |
| Industrials | 24.5% | 9.0% |
| Consumer Staples | 15.3% | 5.2% |
| Financials | 13.4% | 12.4% |
| Communication Services | 2.0% | 10.5% |
| Other Sectors | 17.0% | 29.9% |
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% |
| VOO | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.03% |
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 VOO →
Shared Holdings(99)
The top 10 shared positions account for 54% of the overlap, led by AAPL, V and COST.
 AAPLApple Inc. COM | 4.50% | 6.66% | 4.50% |
|---|---|---|---|
 VVisa, Inc., Class A | 4.68% | 0.89% | 0.89% |
 COSTCostco Wholesale Corporation COM | 4.81% | 0.79% | 0.79% |
 MAMasterCard Incorporated CL A | 4.32% | 0.73% | 0.73% |
 PGThe Procter & Gamble Co. COM | 3.46% | 0.60% | 0.60% |
 CATCaterpillar Inc COM | 3.78% | 0.59% | 0.59% |
 CSCOCisco Systems, Inc. COM | 3.54% | 0.55% | 0.55% |
 MRKMerck & Co., Inc COM | 2.86% | 0.53% | 0.53% |
 GEGeneral Electric Co. | 4.16% | 0.53% | 0.53% |
 KOCoca-Cola Co (The) COM | 3.33% | 0.53% | 0.53% |
 AMATApplied Materials Inc. COM | 2.79% | 0.48% | 0.48% |
 LRCXLam Research Corporation COM NEW | 4.09% | 0.48% | 0.48% |
 GEVGE Vernova Inc. COM | 3.15% | 0.42% | 0.42% |
 KLACKLA Corp. COM NEW | 3.27% | 0.35% | 0.35% |
 TJXThe TJX Companies Inc. COM | 1.79% | 0.32% | 0.32% |
 GILDGilead Sciences Inc. COM | 2.27% | 0.31% | 0.31% |
 ETNEaton Corporation PLC COM USD0.01 | 1.64% | 0.25% | 0.25% |
 QCOMQUALCOMM Inc. COM | 2.03% | 0.25% | 0.25% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 1.04% | 0.22% | 0.22% |
 NEMNewmont Corporation COM | 1.22% | 0.21% | 0.21% |
 PGRThe Progressive Corporation COM | 1.40% | 0.21% | 0.21% |
 PHParker-Hannifin Corp. COM | 1.08% | 0.20% | 0.20% |
 APPAppLovin Corp., Class A | 1.56% | 0.19% | 0.19% |
 ADBEAdobe Inc COM | 1.44% | 0.18% | 0.18% |
 TTTrane Technologies PLC COM USD1 | 1.29% | 0.16% | 0.16% |
Frequently Asked Questions
How much do SPHQ and VOO overlap?
SPHQ and VOO overlap by 18.9% of portfolio weight. They share 99 holdings (SPHQ holds 99 positions and VOO holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPHQ and VOO?
The two portfolios are 18.9% 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 SPHQ and VOO?
The largest positions held by both funds are AAPL, V, COST, MA and PG. Together the top 10 shared positions account for 54% of the total overlap.
What does SPHQ own that VOO doesn't?
Nothing. Every position in SPHQ is also held by VOO. In the other direction, 405 positions (78.7% of VOO) are unique to VOO.