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

SPHB and SPMO share 27.3% of their weight across 37 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.

SPHB and SPMO

27.3%

37 shared positions

SPHB

Invesco S&P 500 High Beta ETF

Reported positions cover 102% of the fund, 100 positions · May 31, 2026

Top 10: 17.4%·Holdings of SPHB

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 SPHB 102%, 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 SPHB side by side

SPHBInvesco S&P 500 High Beta ETF

100

stock positions reported to the SEC

62.2% of its weight is in 63 names SPMO does not hold

SPMOInvesco S&P 500 Momentum ETF

97

stock positions reported to the SEC

37.5% of its weight is in 60 names SPHB does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
52.4%
67.0%
Financial Services
13.5%
5.7%
Industrials
11.0%
4.7%
Consumer Cyclical
8.0%
4.7%
Healthcare
7.2%
5.6%

The widest gap is Technology: SPMO has 14.7 points more of it.

The figures side by side

SPHBSPMO
Filing dateMay 31, 2026May 31, 2026
Stock positions reported10097
Weight of the ten largest17.4%55.3%
Largest positionSNDK 2.2%MU 10.7%
Held alone63 positions, 62.2%60 positions, 37.5%
Covered by stock positions102%100%

Holdings they share

StockIn SPHBIn SPMOCounted
SNDKSandisk Corp.2.20%2.46%2.20%
MUMicron Technology, Inc.1.92%10.73%1.92%
AMDAdvanced Micro Devices, Inc.1.50%4.14%1.50%
LRCXLam Research Corp.1.45%3.54%1.45%
WDCWestern Digital Corp.1.33%1.77%1.33%
KLACKLA Corp.1.23%1.39%1.23%
STXSeagate Technology Holdings PLC1.20%1.88%1.20%
AMATApplied Materials, Inc.1.19%1.77%1.19%
PLTRPalantir Technologies Inc.1.19%1.39%1.19%
INTCIntel Corp.1.14%2.95%1.14%

What each holds alone

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

Only in SPHB

SMCISuper Micro Computer, Inc.1.96%
APPAppLovin Corp.1.71%
COINCoinbase Global, Inc.1.62%
DELLDell Technologies Inc.1.57%
COHRCoherent Corp.1.53%
UALUnited Airlines Holdings, Inc.1.38%
DDOGDatadog, Inc.1.28%
LITELumentum Holdings Inc.1.27%
ANETArista Networks, Inc.1.26%
CCLCarnival Corp. Ltd.1.24%

Only in SPMO

GOOGLAlphabet Inc.8.63%
JNJJohnson & Johnson3.85%
EXXON MOBIL CORP.2.78%
CSCOCisco Systems, Inc.2.02%
GENERAL ELECTRIC CO.1.64%
RTXRTX Corp.1.40%
PMPhilip Morris International Inc.1.29%
KOCoca-Cola Co. (The)1.21%
NEMNewmont Corp.1.10%
GILDGilead Sciences, Inc.0.83%

Questions people ask

Is SPHB the same as SPMO?

27.3% of their weight sits in the same 37 holdings. SPHB also reports SMCI, APP, COIN, which the other does not. SPMO also reports GOOGL, JNJ, EXXON MOBIL CORP., which the other does not.

How is the overlap between SPHB 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 102% of SPHB and 100% of SPMO, so the number cannot exceed the smaller coverage.

Which holds more, SPMO or SPHB?

SPHB reports 100 stock positions and SPMO reports 97. 62.2% of SPHB's weight sits in names SPMO does not hold, and 37.5% of SPMO's weight in names SPHB does not hold. The ten largest positions are 17.4% of SPHB and 55.3% of SPMO.

How do SPHB and SPMO differ by sector?

The widest gap is Technology: SPMO has 14.7 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.

Add a third fund in the tool·All fund pairs

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.