SPMO vs TCAF: Holdings Overlap
SPMOInvesco S&P 500 Momentum ETF
Invesco · 99 holdings · $21.3B · as of 2026-05-31
TCAFT. Rowe Price Capital Appreciation Equity ETF
T. Rowe Price · 92 holdings · $8.3B · as of 2026-03-31
Holdings snapshots are 61 days apart (SPMO: 2026-05-31, TCAF: 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 SPMO and TCAF?
Invesco S&P 500 Momentum ETF (SPMO, by Invesco) holds 99 positions; T. Rowe Price Capital Appreciation Equity ETF (TCAF, by T. Rowe Price) holds 92. They have 16 holdings in common, and by portfolio weight the two funds are 18.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 18.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 16SPMO holds 99 · TCAF holds 92
- Weight in Shared Holdings
- SPMO 46%·TCAF 27%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
83 of 99 positions (54.0% of the fund) are not held by TCAF. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPMO | TCAF |
|---|---|---|
| Information Technology | 54.9% | 30.5% |
| Health Care | 6.2% | 17.6% |
| Industrials | 12.4% | 5.0% |
| Consumer Discretionary | 1.2% | 12.1% |
| Utilities | 1.2% | 10.2% |
| Other Sectors | 24.1% | 21.1% |
| Unclassified | 0.0% | 3.3% |
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. “Unclassified” is weight we could not classify (0% of SPMO, 3% of TCAF).
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% |
| TCAF | +3.1% | +12.1% | +18.5% | +18.6% | — | — | 0.45% |
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 TCAF →
Shared Holdings(16)
The top 10 shared positions account for 96% of the overlap, led by NVDA, GOOGL and AVGO.
 NVDANVIDIA Corp. COM | 8.46% | 5.34% | 5.34% |
|---|---|---|---|
 GOOGLAlphabet Inc. CAP STK CL A | 4.81% | 4.05% | 4.05% |
 AVGOBroadcom Inc COM | 7.58% | 3.08% | 3.08% |
 AMDAdvanced Micro Devices Inc. COM | 4.14% | 2.22% | 2.22% |
 GEGeneral Electric Co. | 1.64% | 0.86% | 0.86% |
 MUMicron Technology Inc. COM | 10.73% | 0.70% | 0.70% |
 KLACKLA Corp. COM NEW | 1.39% | 0.56% | 0.56% |
 PMPhilip Morris International Inc. COM | 1.29% | 0.48% | 0.48% |
 GILDGilead Sciences Inc. COM | 0.83% | 0.35% | 0.35% |
 CORCencora Inc COM | 0.28% | 2.13% | 0.28% |
 CIENCiena Corporation COM NEW | 0.63% | 0.20% | 0.20% |
 ETREntergy Corporation COM | 0.18% | 0.25% | 0.18% |
 CNPCenterpoint Energy Inc COM | 0.13% | 3.43% | 0.13% |
 WECWEC Energy Group Inc. COM | 0.13% | 0.51% | 0.13% |
 GOOGAlphabet Inc. CAP STK CL C | 3.82% | 0.09% | 0.09% |
 NINiSource Inc. COM | 0.08% | 3.19% | 0.08% |
Frequently Asked Questions
How much do SPMO and TCAF overlap?
SPMO and TCAF overlap by 18.7% of portfolio weight. They share 16 holdings (SPMO holds 99 positions and TCAF holds 92), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPMO and TCAF?
The two portfolios are 18.7% 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 SPMO and TCAF?
The largest positions held by both funds are NVDA, GOOGL, AVGO, AMD and GE. Together the top 10 shared positions account for 96% of the total overlap.
What does SPMO own that TCAF doesn't?
83 positions (54.0% of SPMO) are unique to SPMO, led by JNJ, LRCX and INTC. In the other direction, 76 positions (72.4% of TCAF) are unique to TCAF.