SPYG vs XLG: Holdings Overlap
SPYGState Street® SPDR® Portfolio S&P 500® Growth ETF
State Street (SPDR) · 147 holdings · $54.7B · as of 2026-08-06
Invesco · 51 holdings · $10.7B · as of 2026-04-30
Holdings snapshots are 98 days apart (SPYG: 2026-08-06, XLG: 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 SPYG and XLG?
State Street® SPDR® Portfolio S&P 500® Growth ETF (SPYG, by State Street (SPDR)) holds 147 positions; Invesco S&P 500 Top 50 ETF (XLG, by Invesco) holds 51. They have 31 holdings in common, and by portfolio weight the two funds are 69.7% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 69.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 31SPYG holds 147 · XLG holds 51
- Weight in Shared Holdings
- SPYG 76%·XLG 84%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 SPYG
116 of 147 positions (24.3% of the fund) are not held by XLG. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPYG | XLG |
|---|---|---|
| Information Technology | 52.5% | 43.7% |
| Communication Services | 15.3% | 17.0% |
| Consumer Discretionary | 8.4% | 11.3% |
| Financials | 9.0% | 9.6% |
| Health Care | 6.1% | 7.0% |
| Other Sectors | 8.8% | 11.0% |
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 |
|---|---|---|---|---|---|---|---|
| SPYG | +4.4% | +15.6% | +25.4% | +26.9% | +14.2% | +17.9% | 0.47% |
| XLG | +3.7% | +7.2% | +17.9% | +22.2% | +14.3% | +16.6% | 0.63% |
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 SPYG vs XLG →
Shared Holdings(31)
The top 10 shared positions account for 78% of the overlap, led by NVDA, MSFT and AAPL.
 NVDANVIDIA Corp. COM | 14.58% | 13.04% | 13.04% |
|---|---|---|---|
 MSFTMicrosoft Corp. COM | 10.20% | 8.14% | 8.14% |
 AAPLApple Inc. COM | 6.30% | 10.71% | 6.30% |
 GOOGLAlphabet Inc. CAP STK CL A | 5.76% | 6.03% | 5.76% |
 AVGOBroadcom Inc COM | 5.47% | 4.83% | 4.83% |
 GOOGAlphabet Inc. CAP STK CL C | 4.63% | 4.80% | 4.63% |
 AMZNAmazon.com, Inc. COM | 3.88% | 6.96% | 3.88% |
 METAMeta Platforms, Inc., Class A | 3.56% | 3.60% | 3.56% |
 BRK-BBerkshire Hathaway, Inc., Class B | 2.64% | 2.34% | 2.34% |
 LLYEli Lilly & Co. COM | 2.59% | 1.99% | 1.99% |
 JPMJPMorgan Chase & Co. COM | 1.78% | 2.27% | 1.78% |
 AMDAdvanced Micro Devices Inc. COM | 2.19% | 1.55% | 1.55% |
 TSLATesla Inc COM | 1.53% | 2.89% | 1.53% |
 CATCaterpillar Inc COM | 1.08% | 1.11% | 1.08% |
 JNJJohnson & Johnson COM | 1.00% | 1.49% | 1.00% |
 VVisa, Inc., Class A | 0.93% | 1.49% | 0.93% |
 MAMasterCard Incorporated CL A | 0.86% | 1.10% | 0.86% |
 PLTRPalantir Technologies, Inc., Class A | 0.98% | 0.85% | 0.85% |
 NFLXNetflix, Inc. COM | 0.85% | 1.06% | 0.85% |
 CSCOCisco Systems, Inc. COM | 0.70% | 0.97% | 0.70% |
 GEGeneral Electric Co. | 0.56% | 0.82% | 0.56% |
 ABBVAbbVie Inc. COM | 0.54% | 1.00% | 0.54% |
 GSGoldman Sachs Group, Inc. (The) | 0.54% | 0.74% | 0.54% |
 PMPhilip Morris International Inc. COM | 0.45% | 0.69% | 0.45% |
 KOCoca-Cola Co (The) COM | 0.39% | 0.82% | 0.39% |
Frequently Asked Questions
How much do SPYG and XLG overlap?
SPYG and XLG overlap by 69.7% of portfolio weight. They share 31 holdings (SPYG holds 147 positions and XLG holds 51), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPYG and XLG?
The two portfolios are 69.7% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of SPYG and XLG?
The largest positions held by both funds are NVDA, MSFT, AAPL, GOOGL and AVGO. Together the top 10 shared positions account for 78% of the total overlap.
What does SPYG own that XLG doesn't?
116 positions (24.3% of SPYG) are unique to SPYG, led by MU, AMAT and LRCX. In the other direction, 20 positions (15.4% of XLG) are unique to XLG.