SPMO vs VOO: Holdings Overlap
SPMOInvesco S&P 500 Momentum ETF
Invesco · 99 holdings · $21.3B · as of 2026-05-31
Vanguard · 504 holdings · $1.03T · as of 2026-03-31
Holdings snapshots are 61 days apart (SPMO: 2026-05-31, VOO: 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 VOO?
Invesco S&P 500 Momentum ETF (SPMO, by Invesco) holds 99 positions; Vanguard 500 Index Fund (VOO, by Vanguard) holds 504. They have 99 holdings in common, and by portfolio weight the two funds are 33.9% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 33.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 99SPMO holds 99 · VOO holds 504
- Weight in Shared Holdings
- SPMO 100%·VOO 34%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
Every position in SPMO is also held by VOO, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | SPMO | VOO |
|---|---|---|
| Information Technology | 54.9% | 32.7% |
| Financials | 5.7% | 12.4% |
| Industrials | 12.4% | 9.0% |
| Communication Services | 8.8% | 10.5% |
| Consumer Discretionary | 1.2% | 9.9% |
| Other Sectors | 17.1% | 25.3% |
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% |
| VOO | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.03% |
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 VOO →
Shared Holdings(99)
The top 10 shared positions account for 60% of the overlap, led by NVDA, GOOGL and AVGO.
 NVDANVIDIA Corp. COM | 8.46% | 7.58% | 7.58% |
|---|---|---|---|
 GOOGLAlphabet Inc. CAP STK CL A | 4.81% | 2.99% | 2.99% |
 AVGOBroadcom Inc COM | 7.58% | 2.62% | 2.62% |
 GOOGAlphabet Inc. CAP STK CL C | 3.82% | 2.40% | 2.40% |
 XOMExxon Mobil Corp. COM | 2.78% | 1.27% | 1.27% |
 JNJJohnson & Johnson COM | 3.85% | 1.05% | 1.05% |
 MUMicron Technology Inc. COM | 10.73% | 0.68% | 0.68% |
 PLTRPalantir Technologies, Inc., Class A | 1.39% | 0.60% | 0.60% |
 AMDAdvanced Micro Devices Inc. COM | 4.14% | 0.59% | 0.59% |
 CATCaterpillar Inc COM | 2.60% | 0.59% | 0.59% |
 CSCOCisco Systems, Inc. COM | 2.02% | 0.55% | 0.55% |
 GEGeneral Electric Co. | 1.64% | 0.53% | 0.53% |
 KOCoca-Cola Co (The) COM | 1.21% | 0.53% | 0.53% |
 AMATApplied Materials Inc. COM | 1.77% | 0.48% | 0.48% |
 LRCXLam Research Corporation COM NEW | 3.54% | 0.48% | 0.48% |
 RTXRTX Corp. COM | 1.40% | 0.46% | 0.46% |
 PMPhilip Morris International Inc. COM | 1.29% | 0.46% | 0.46% |
 GSGoldman Sachs Group, Inc. (The) | 1.43% | 0.43% | 0.43% |
 GEVGE Vernova Inc. COM | 1.33% | 0.42% | 0.42% |
 INTCIntel Corporation COM | 2.95% | 0.37% | 0.37% |
 MSMorgan Stanley COM NEW | 0.96% | 0.35% | 0.35% |
 KLACKLA Corp. COM NEW | 1.39% | 0.35% | 0.35% |
 CCitigroup Inc. COM NEW | 0.97% | 0.34% | 0.34% |
 GILDGilead Sciences Inc. COM | 0.83% | 0.31% | 0.31% |
 SCHWThe Charles Schwab Corporation COM | 0.55% | 0.28% | 0.28% |
Frequently Asked Questions
How much do SPMO and VOO overlap?
SPMO and VOO overlap by 33.9% of portfolio weight. They share 99 holdings (SPMO holds 99 positions and VOO holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPMO and VOO?
The two portfolios are 33.9% 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 VOO?
The largest positions held by both funds are NVDA, GOOGL, AVGO, GOOG and XOM. Together the top 10 shared positions account for 60% of the total overlap.
What does SPMO own that VOO doesn't?
Nothing. Every position in SPMO is also held by VOO. In the other direction, 405 positions (65.8% of VOO) are unique to VOO.