SPMO vs ONEQ: Holdings Overlap
SPMOInvesco S&P 500 Momentum ETF
Invesco · 99 holdings · $21.3B · as of 2026-05-31
ONEQFidelity Nasdaq Composite Index ETF
Fidelity · 1022 holdings · $10.8B · as of 2026-05-31
How similar are SPMO and ONEQ?
Invesco S&P 500 Momentum ETF (SPMO, by Invesco) holds 99 positions; Fidelity Nasdaq Composite Index ETF (ONEQ, by Fidelity) holds 1022. They have 33 holdings in common, and by portfolio weight the two funds are 34.8% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 34.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 33SPMO holds 99 · ONEQ holds 1022
- Weight in Shared Holdings
- SPMO 63%·ONEQ 38%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 SPMO
66 of 99 positions (36.6% of the fund) are not held by ONEQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPMO | ONEQ |
|---|---|---|
| Information Technology | 54.9% | 53.0% |
| Communication Services | 8.8% | 15.2% |
| Consumer Discretionary | 1.2% | 12.5% |
| Industrials | 12.4% | 3.1% |
| Health Care | 6.2% | 4.4% |
| Other Sectors | 16.6% | 9.7% |
| Unclassified | 0.0% | 1.6% |
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 SPMO, 2% of ONEQ).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SPMO | +0.2% | +26.0% | +29.7% | +39.1% | +20.9% | +20.0% | 0.70% |
| ONEQ | +3.3% | +15.4% | +26.6% | +25.1% | +13.6% | +18.8% | 0.51% |
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 SPMO vs ONEQ →
Shared Holdings(33)
The top 10 shared positions account for 86% of the overlap, led by NVDA, GOOGL and AVGO.
 NVDANVIDIA Corp. COM | 8.46% | 11.18% | 8.46% |
|---|---|---|---|
 GOOGLAlphabet Inc. CAP STK CL A | 4.81% | 4.83% | 4.81% |
 AVGOBroadcom Inc COM | 7.58% | 4.61% | 4.61% |
 GOOGAlphabet Inc. CAP STK CL C | 3.82% | 4.46% | 3.82% |
 MUMicron Technology Inc. COM | 10.73% | 2.37% | 2.37% |
 AMDAdvanced Micro Devices Inc. COM | 4.14% | 1.83% | 1.83% |
 INTCIntel Corporation COM | 2.95% | 1.24% | 1.24% |
 CSCOCisco Systems, Inc. COM | 2.02% | 1.03% | 1.03% |
 LRCXLam Research Corporation COM NEW | 3.54% | 0.86% | 0.86% |
 PLTRPalantir Technologies, Inc., Class A | 1.39% | 0.78% | 0.78% |
 AMATApplied Materials Inc. COM | 1.77% | 0.77% | 0.77% |
 KLACKLA Corp. COM NEW | 1.39% | 0.55% | 0.55% |
 SNDKSandisk Corporation COM | 2.46% | 0.54% | 0.54% |
 ADIAnalog Devices Inc. COM | 0.82% | 0.44% | 0.44% |
 STXSeagate Technology Holdings PLC ORD SHS | 1.88% | 0.42% | 0.42% |
 WDCWestern Digital Corp. COM | 1.77% | 0.39% | 0.39% |
 GILDGilead Sciences Inc. COM | 0.83% | 0.36% | 0.36% |
 CMECME Group, Inc., Class A | 0.41% | 0.21% | 0.21% |
 MNSTMonster Beverage Corp COM | 0.45% | 0.18% | 0.18% |
 MPWRMonolithic Power Systems Inc. COM | 0.32% | 0.16% | 0.16% |
 HOODRobinhood Markets, Inc., Class A | 0.30% | 0.16% | 0.16% |
 AEPAmerican Electric Power Co, Inc. COM | 0.30% | 0.15% | 0.15% |
 TERTeradyne Inc. COM | 0.30% | 0.13% | 0.13% |
 EBAYeBay Inc. COM | 0.18% | 0.11% | 0.11% |
 IDXXIDEXX Laboratories Inc. COM | 0.19% | 0.10% | 0.10% |
Frequently Asked Questions
How much do SPMO and ONEQ overlap?
SPMO and ONEQ overlap by 34.8% of portfolio weight. They share 33 holdings (SPMO holds 99 positions and ONEQ holds 1022), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPMO and ONEQ?
The two portfolios are 34.8% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of SPMO and ONEQ?
The largest positions held by both funds are NVDA, GOOGL, AVGO, GOOG and MU. Together the top 10 shared positions account for 86% of the total overlap.
What does SPMO own that ONEQ doesn't?
66 positions (36.6% of SPMO) are unique to SPMO, led by JNJ, XOM and CAT. In the other direction, 989 positions (61.3% of ONEQ) are unique to ONEQ.