SPMO vs PBUS: Holdings Overlap
SPMOInvesco S&P 500 Momentum ETF
Invesco · 99 holdings · $21.3B · as of 2026-05-31
Invesco · 537 holdings · $11.4B · as of 2026-05-31
How similar are SPMO and PBUS?
Invesco S&P 500 Momentum ETF (SPMO, by Invesco) holds 99 positions; Invesco MSCI USA ETF (PBUS, by Invesco) holds 537. They have 91 holdings in common, and by portfolio weight the two funds are 36.2% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 36.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 91SPMO holds 99 · PBUS holds 537
- Weight in Shared Holdings
- SPMO 97%·PBUS 36%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
8 of 99 positions (2.9% of the fund) are not held by PBUS.
Sector Breakdown
| Sector | SPMO | PBUS |
|---|---|---|
| Information Technology | 54.9% | 38.0% |
| Industrials | 12.4% | 8.5% |
| Financials | 5.7% | 11.1% |
| Communication Services | 8.8% | 10.7% |
| Consumer Discretionary | 1.2% | 9.7% |
| Other Sectors | 17.1% | 21.6% |
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.
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% |
| PBUS | +3.4% | +14.0% | +23.4% | +21.4% | +12.9% | — | 0.99% |
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 PBUS →
Shared Holdings(91)
The top 10 shared positions account for 64% of the overlap, led by NVDA, GOOGL and AVGO.
 NVDANVIDIA Corp. | 8.46% | 7.77% | 7.77% |
|---|---|---|---|
 GOOGLAlphabet Inc., Class A | 4.81% | 3.35% | 3.35% |
 AVGOBroadcom Inc. | 7.58% | 3.05% | 3.05% |
 GOOGAlphabet Inc., Class C | 3.82% | 2.77% | 2.77% |
 MUMicron Technology, Inc. | 10.73% | 1.65% | 1.65% |
 AMDAdvanced Micro Devices, Inc. | 4.14% | 1.27% | 1.27% |
 XOMExxon Mobil Corp. | 2.78% | 0.93% | 0.93% |
 JNJJohnson & Johnson | 3.85% | 0.82% | 0.82% |
 INTCIntel Corp. | 2.95% | 0.78% | 0.78% |
 CSCOCisco Systems, Inc. | 2.02% | 0.72% | 0.72% |
 CATCaterpillar Inc. | 2.60% | 0.62% | 0.62% |
 LRCXLam Research Corp. | 3.54% | 0.60% | 0.60% |
 PLTRPalantir Technologies Inc., Class A | 1.39% | 0.54% | 0.54% |
 AMATApplied Materials, Inc. | 1.77% | 0.54% | 0.54% |
 GEGeneral Electric Co. | 1.64% | 0.52% | 0.52% |
 KOCoca-Cola Co. (The) | 1.21% | 0.49% | 0.49% |
 GSGoldman Sachs Group, Inc. (The) | 1.43% | 0.47% | 0.47% |
 PMPhilip Morris International Inc. | 1.29% | 0.42% | 0.42% |
 GEVGE Vernova Inc. | 1.33% | 0.40% | 0.40% |
 KLACKLA Corp. | 1.39% | 0.38% | 0.38% |
 MSMorgan Stanley | 0.96% | 0.37% | 0.37% |
 RTXRTX Corp. | 1.40% | 0.36% | 0.36% |
 CCitigroup Inc. | 0.97% | 0.34% | 0.34% |
 ADIAnalog Devices, Inc. | 0.82% | 0.31% | 0.31% |
 STXSeagate Technology Holdings PLC | 1.88% | 0.29% | 0.29% |
Frequently Asked Questions
How much do SPMO and PBUS overlap?
SPMO and PBUS overlap by 36.2% of portfolio weight. They share 91 holdings (SPMO holds 99 positions and PBUS holds 537), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPMO and PBUS?
The two portfolios are 36.2% 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 PBUS?
The largest positions held by both funds are NVDA, GOOGL, AVGO, GOOG and MU. Together the top 10 shared positions account for 64% of the total overlap.
What does SPMO own that PBUS doesn't?
8 positions (2.9% of SPMO) are unique to SPMO, led by SNDK, ALB and HII. In the other direction, 446 positions (63.5% of PBUS) are unique to PBUS.