FTXL vs SPMO overlap - what they share and where they differ

FTXL and SPMO share 35.5% of their weight across 11 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

FTXL and SPMO

35.5%

11 shared positions

FTXL

First Trust Nasdaq Semiconductor ETF

Reported positions cover 99% of the fund, 34 positions · Jun 30, 2026

Top 10: 67.3%·Holdings of FTXL

SPMO

Invesco S&P 500 Momentum ETF

Reported positions cover 100% of the fund, 97 positions · May 31, 2026

Top 10: 55.3%·Holdings of SPMO

Reported positions cover FTXL 99%, SPMO 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

SPMO vs FTXL side by side

FTXLFirst Trust Nasdaq Semiconductor ETF

34

stock positions reported to the SEC

40.4% of its weight is in 23 names SPMO does not hold

SPMOInvesco S&P 500 Momentum ETF

97

stock positions reported to the SEC

58.1% of its weight is in 86 names FTXL does not hold

Where each fund's weight sits

FTXL
SPMO
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
94.6%
67.0%
Financial Services
0.0%
5.7%
Healthcare
2.6%
5.6%
Consumer Cyclical
0.8%
4.7%
Industrials
0.0%
4.7%
Basic Materials
1.5%
0.0%

The widest gap is Technology: FTXL has 27.5 points more of it.

The figures side by side

FTXLSPMO
Filing dateJun 30, 2026May 31, 2026
Stock positions reported3497
Weight of the ten largest67.3%55.3%
Largest positionINTC 13.3%MU 10.7%
Held alone23 positions, 40.4%86 positions, 58.1%
Covered by stock positions99%100%

Holdings they share

StockIn FTXLIn SPMOCounted
MUMICRON TECHNOLOGY INC12.14%10.73%10.73%
NVDANVIDIA CORP4.79%8.46%4.79%
AVGOBROADCOM INC4.72%7.58%4.72%
AMDADVANCED MICRO DEVICES INC6.29%4.14%4.14%
LRCXLAM RESEARCH CORP4.02%3.54%3.54%
INTCINTEL CORP13.28%2.95%2.95%
AMATAPPLIED MATERIALS INC4.21%1.77%1.77%
KLACKLA CORP4.29%1.39%1.39%
ADIANALOG DEVICES INC2.42%0.82%0.82%
MPWRMONOLITHIC POWER SYSTEMS INC1.28%0.32%0.32%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in FTXL

MRVLMARVELL TECHNOLOGY INC7.91%
QCOMQUALCOMM INC5.63%
AMKRAMKOR TECHNOLOGY INC3.35%
ONON SEMICONDUCTOR CORP3.08%
TXNTEXAS INSTRUMENTS INC3.05%
NXPINXP SEMICONDUCTORS NV2.68%
SWKSSKYWORKS SOLUTIONS INC2.21%
MCHPMICROCHIP TECHNOLOGY INC1.54%
ENTGENTEGRIS INC1.50%
ALABASTERA LABS INC1.35%

Only in SPMO

GOOGLAlphabet Inc.8.63%
JNJJohnson & Johnson3.85%
EXXON MOBIL CORP.2.78%
CATCaterpillar Inc.2.60%
SNDKSandisk Corp.2.46%
CSCOCisco Systems, Inc.2.02%
STXSeagate Technology Holdings PLC1.88%
WDCWestern Digital Corp.1.77%
GENERAL ELECTRIC CO.1.64%
GSGoldman Sachs Group, Inc. (The)1.43%

Questions people ask

Is FTXL the same as SPMO?

35.5% of their weight sits in the same 11 holdings. FTXL also reports MRVL, QCOM, AMKR, which the other does not. SPMO also reports GOOGL, JNJ, EXXON MOBIL CORP., which the other does not.

How is the overlap between FTXL and SPMO measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 99% of FTXL and 100% of SPMO, so the number cannot exceed the smaller coverage.

Which holds more, SPMO or FTXL?

FTXL reports 34 stock positions and SPMO reports 97. 40.4% of FTXL's weight sits in names SPMO does not hold, and 58.1% of SPMO's weight in names FTXL does not hold. The ten largest positions are 67.3% of FTXL and 55.3% of SPMO.

How do FTXL and SPMO differ by sector?

The widest gap is Technology: FTXL has 27.5 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

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Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.