SPHQ vs VIG overlap - what they share and where they differ

SPHQ and VIG share 27.1% of their weight across 42 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.

SPHQ and VIG

27.1%

42 shared positions

SPHQ

Invesco S&P 500 Quality ETF

Reported positions cover 100% of the fund, 99 positions · Apr 30, 2026

Top 10: 40.7%·Holdings of SPHQ

VIG

VANGUARD DIVIDEND APPRECIATION INDEX FUND

Reported positions cover 99% of the fund, 309 positions · Apr 30, 2026

Top 10: 32.5%·Holdings of VIG

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

VIG vs SPHQ side by side

SPHQInvesco S&P 500 Quality ETF

99

stock positions reported to the SEC

40.3% of its weight is in 57 names VIG does not hold

VIGVANGUARD DIVIDEND APPRECIATION INDEX FUND

309

stock positions reported to the SEC

72.3% of its weight is in 267 names SPHQ does not hold

Where each fund's weight sits

SPHQ
VIG
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
39.9%
29.9%
Healthcare
10.7%
16.5%
Financial Services
13.2%
15.7%
Consumer Defensive
14.5%
10.2%
Consumer Cyclical
4.9%
6.3%

The widest gap is Technology: SPHQ has 9.9 points more of it.

The figures side by side

SPHQVIG
Filing dateApr 30, 2026Apr 30, 2026
Stock positions reported99309
Weight of the ten largest40.7%32.5%
Largest positionCOST 4.8%AVGO 5.2%
Held alone57 positions, 40.3%267 positions, 72.3%
Covered by stock positions100%99%

Holdings they share

StockIn SPHQIn VIGCounted
AAPLApple Inc.4.50%4.07%4.07%
VVisa Inc.4.68%2.33%2.33%
COSTCostco Wholesale Corp.4.81%2.03%2.03%
CATCaterpillar Inc.3.78%1.87%1.87%
MAMastercard Inc.4.32%1.84%1.84%
CSCOCisco Systems, Inc.3.54%1.63%1.63%
PGProcter & Gamble Co. (The)3.46%1.54%1.54%
LRCXLam Research Corp.4.09%1.45%1.45%
KOCoca-Cola Co. (The)3.33%1.37%1.37%
MRKMerck & Co., Inc.2.86%1.22%1.22%

What each holds alone

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

Only in SPHQ

GENERAL ELECTRIC CO.4.16%
GEVGE Vernova Inc.3.15%
AMATApplied Materials, Inc.2.79%
WDCWestern Digital Corp.2.15%
TJX COS., INC. (THE)1.79%
EATON CORP. PLC1.64%
APPAppLovin Corp.1.56%
ADBEAdobe Inc.1.44%
PGRProgressive Corp. (The)1.40%
TTTrane Technologies PLC1.29%

Only in VIG

AVGOBroadcom Inc5.18%
MSFTMicrosoft Corp3.97%
JPMORGAN CHASE & CO3.59%
LLYEli Lilly & Co3.34%
EXXON MOBIL CORP2.90%
WMTWalmart Inc2.60%
JNJJohnson & Johnson2.49%
ABBVAbbVie Inc1.68%
BACBank of America Corp1.57%
UNHUnitedHealth Group Inc1.51%

Questions people ask

Is SPHQ the same as VIG?

27.1% of their weight sits in the same 42 holdings. SPHQ also reports GENERAL ELECTRIC CO., GEV, AMAT, which the other does not. VIG also reports AVGO, MSFT, JPMORGAN CHASE & CO, which the other does not.

How is the overlap between SPHQ and VIG measured?

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

Which holds more, VIG or SPHQ?

SPHQ reports 99 stock positions and VIG reports 309. 40.3% of SPHQ's weight sits in names VIG does not hold, and 72.3% of VIG's weight in names SPHQ does not hold. The ten largest positions are 40.7% of SPHQ and 32.5% of VIG.

How do SPHQ and VIG differ by sector?

The widest gap is Technology: SPHQ has 9.9 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.