SPMO vs SPY: Holdings Overlap
SPMOInvesco S&P 500 Momentum ETF
Invesco · 99 holdings · $21.3B · as of 2026-05-31
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
Holdings snapshots are 67 days apart (SPMO: 2026-05-31, SPY: 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 SPMO and SPY?
Invesco S&P 500 Momentum ETF (SPMO, by Invesco) holds 99 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 98 holdings in common, and by portfolio weight the two funds are 35.6% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 35.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 98SPMO holds 99 · SPY holds 504
- Weight in Shared Holdings
- SPMO 97%·SPY 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
Sector Breakdown
| Sector | SPMO | SPY |
|---|---|---|
| Information Technology | 54.9% | 37.6% |
| Industrials | 12.4% | 8.8% |
| Financials | 5.7% | 12.3% |
| Communication Services | 8.8% | 9.7% |
| Consumer Discretionary | 1.2% | 9.3% |
| Other Sectors | 17.1% | 22.3% |
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% |
| SPY | +3.4% | +14.0% | +23.7% | +21.2% | +13.3% | +15.3% | 0.97% |
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 SPY →
Shared Holdings(98)
The top 10 shared positions account for 63% of the overlap, led by NVDA, GOOGL and AVGO.
 NVDANVIDIA Corp. COM | 8.46% | 8.00% | 8.00% |
|---|---|---|---|
 GOOGLAlphabet Inc. CAP STK CL A | 4.81% | 3.16% | 3.16% |
 AVGOBroadcom Inc COM | 7.58% | 3.00% | 3.00% |
 GOOGAlphabet Inc. CAP STK CL C | 3.82% | 2.54% | 2.54% |
 MUMicron Technology Inc. COM | 10.73% | 1.50% | 1.50% |
 AMDAdvanced Micro Devices Inc. COM | 4.14% | 1.20% | 1.20% |
 JNJJohnson & Johnson COM | 3.85% | 0.93% | 0.93% |
 CSCOCisco Systems, Inc. COM | 2.02% | 0.72% | 0.72% |
 INTCIntel Corporation COM | 2.95% | 0.71% | 0.71% |
 AMATApplied Materials Inc. COM | 1.77% | 0.63% | 0.63% |
 CATCaterpillar Inc COM | 2.60% | 0.59% | 0.59% |
 GEGeneral Electric Co. | 1.64% | 0.59% | 0.59% |
 LRCXLam Research Corporation COM NEW | 3.54% | 0.58% | 0.58% |
 PLTRPalantir Technologies, Inc., Class A | 1.39% | 0.54% | 0.54% |
 KOCoca-Cola Co (The) COM | 1.21% | 0.51% | 0.51% |
 GSGoldman Sachs Group, Inc. (The) | 1.43% | 0.46% | 0.46% |
 RTXRTX Corp. COM | 1.40% | 0.45% | 0.45% |
 PMPhilip Morris International Inc. COM | 1.29% | 0.44% | 0.44% |
 GEVGE Vernova Inc. COM | 1.33% | 0.41% | 0.41% |
 MSMorgan Stanley COM NEW | 0.96% | 0.39% | 0.39% |
 KLACKLA Corp. COM NEW | 1.39% | 0.38% | 0.38% |
 CCitigroup Inc. COM NEW | 0.97% | 0.34% | 0.34% |
 APHAmphenol Corporation CL A | 1.30% | 0.32% | 0.32% |
 STXSeagate Technology Holdings PLC ORD SHS | 1.88% | 0.29% | 0.29% |
 SNDKSandisk Corporation COM | 2.46% | 0.28% | 0.28% |
Frequently Asked Questions
How much do SPMO and SPY overlap?
SPMO and SPY overlap by 35.6% of portfolio weight. They share 98 holdings (SPMO holds 99 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPMO and SPY?
The two portfolios are 35.6% 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 SPY?
The largest positions held by both funds are NVDA, GOOGL, AVGO, GOOG and MU. Together the top 10 shared positions account for 63% of the total overlap.
What does SPMO own that SPY doesn't?
1 positions (2.8% of SPMO) are unique to SPMO, led by XOM. In the other direction, 406 positions (64.3% of SPY) are unique to SPY.