SPMO vs VLUE: Holdings Overlap
SPMOInvesco S&P 500 Momentum ETF
Invesco · 99 holdings · $21.3B · as of 2026-05-31
VLUEiShares MSCI USA Value Factor ETF
iShares · 148 holdings · $9.5B · as of 2026-04-30
Holdings snapshots are 31 days apart (SPMO: 2026-05-31, VLUE: 2026-04-30). 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 VLUE?
Invesco S&P 500 Momentum ETF (SPMO, by Invesco) holds 99 positions; iShares MSCI USA Value Factor ETF (VLUE, by iShares) holds 148. They have 21 holdings in common, and by portfolio weight the two funds are 23.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 23.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 21SPMO holds 99 · VLUE holds 148
- Weight in Shared Holdings
- SPMO 24%·VLUE 43%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
78 of 99 positions (76.4% of the fund) are not held by VLUE. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPMO | VLUE |
|---|---|---|
| Information Technology | 54.9% | 43.9% |
| Industrials | 12.4% | 7.6% |
| Financials | 5.7% | 10.9% |
| Communication Services | 8.8% | 8.3% |
| Health Care | 6.2% | 8.4% |
| Other Sectors | 12.1% | 20.7% |
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% |
| VLUE | +3.0% | +45.7% | +77.9% | +30.1% | +16.5% | +14.7% | 1.42% |
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 VLUE →
Shared Holdings(21)
The top 10 shared positions account for 95% of the overlap, led by MU, INTC and CSCO.
 MUMicron Technology Inc. COM | 10.73% | 11.60% | 10.73% |
|---|---|---|---|
 INTCIntel Corporation COM | 2.95% | 9.26% | 2.95% |
 CSCOCisco Systems, Inc. COM | 2.02% | 4.96% | 2.02% |
 AMATApplied Materials Inc. COM | 1.77% | 3.66% | 1.77% |
 WDCWestern Digital Corp. COM | 1.77% | 1.88% | 1.77% |
 CCitigroup Inc. COM NEW | 0.97% | 1.94% | 0.97% |
 NEMNewmont Corporation COM | 1.10% | 0.64% | 0.64% |
 LHXL3 Harris Technologies Inc COM | 0.42% | 0.59% | 0.42% |
 GMGeneral Motors Company COM | 0.41% | 3.15% | 0.41% |
 TELTE Connectivity PLC ORD SHS | 0.31% | 0.92% | 0.31% |
 FFord Motor Company COM | 0.30% | 1.50% | 0.30% |
 STTState Street Corp. COM | 0.17% | 0.26% | 0.17% |
 ADMArcher-Daniels-Midland Co. COM | 0.15% | 0.87% | 0.15% |
 JBLJabil Inc COM | 0.15% | 0.56% | 0.15% |
 DLTRDollar Tree Inc COM | 0.09% | 0.17% | 0.09% |
 EVRGEvergy Inc COM | 0.09% | 0.16% | 0.09% |
 Q23Bunge Global SA COM SHS | 0.08% | 0.52% | 0.08% |
 LLoews Corporation COM | 0.07% | 0.12% | 0.07% |
 LDOSLeidos Holdings Inc COM | 0.07% | 0.18% | 0.07% |
 FOXAFox Corporation CL A COM | 0.06% | 0.15% | 0.06% |
 FOXFox Corporation CL B COM | 0.03% | 0.10% | 0.03% |
Frequently Asked Questions
How much do SPMO and VLUE overlap?
SPMO and VLUE overlap by 23.3% of portfolio weight. They share 21 holdings (SPMO holds 99 positions and VLUE holds 148), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPMO and VLUE?
The two portfolios are 23.3% 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 VLUE?
The largest positions held by both funds are MU, INTC, CSCO, AMAT and WDC. Together the top 10 shared positions account for 95% of the total overlap.
What does SPMO own that VLUE doesn't?
78 positions (76.4% of SPMO) are unique to SPMO, led by NVDA, AVGO and GOOGL. In the other direction, 127 positions (56.6% of VLUE) are unique to VLUE.