ETF overlap

SPLV vs VOE overlap - what they share and where they differ

SPLV and VOE share 23.9% of their weight across 41 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the equity positions the largest US ETFs report to the SEC and works out the overlap of every pair. For each stock both hold, we use the smaller of its two weights.

SPLV and VOE

23.9%

41 shared stocks

SPLVInvesco S&P 500 Low Volatility ETF

Holdings of SPLV

Stock positions reported: 100
Weight of the ten largest: 12.5%
Only here, not in VOE: 58.3%

VOEVanguard Mid-Cap Value Index Fund

Holdings of VOE

Stock positions reported: 168
Weight of the ten largest: 12.6%
Only here, not in SPLV: 75.1%

Positions coveredSPLV 100%VOE 99%Filings: Aug 31, 2026, Jun 30, 2026

SPLV vs VOE side by side

The same figures from the two funds' filings, side by side.

Largest sectors for both funds

SPLVVOE

The widest gap is Utilities: SPLV has 14.1 points more of it.

Filing date
SPLVAug 31, 2026
Stock positions reported
SPLV100
Weight of the ten largest
SPLV12.5%
Largest position
SPLVBRK.A 1.4%
Held alone
SPLV59 positions, 58.3%
Covered by stock positions
SPLV100%

	SPLV	VOE
Filing date	Aug 31, 2026	Jun 30, 2026
Stock positions reported	100	168
Weight of the ten largest	12.5%	12.6%
Largest position	BRK.A 1.4%	CMI 1.7%
Held alone	59 positions, 58.3%	127 positions, 75.1%
Covered by stock positions	100%	99%

What each holds alone

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

Only in SPLV

59 positions only here, 58.3% of the fund

BRK.ABerkshire Hathaway Inc.1.36%
DUKDuke Energy Corp.1.26%
REGRegency Centers Corp.1.25%
ATOAtmos Energy Corp.1.24%
EVRGEvergy, Inc.1.24%
ORealty Income Corp.1.20%
PNWPinnacle West Capital Corp.1.18%
FRTFederal Realty Investment Trust1.16%
SOSouthern Co. (The)1.14%
JNJJohnson & Johnson1.12%

Only in VOE

127 positions only here, 75.1% of the fund

CMICummins Inc1.70%
VLOValero Energy Corp1.33%
MPCMarathon Petroleum Corp1.29%
CRHCrh PLC1.23%
URIUnited Rentals Inc1.22%
GMGeneral Motors Co1.20%
SLBSLB Ltd1.20%
PSXPhillips 661.17%
Warner Bros Discovery Inc1.10%
DLRDigital Realty Trust Inc1.09%

Holdings they share

41 shared stocks

SPGSimon Property Group, Inc.
Counted1.01%
SRESempra
Counted0.97%
DDominion Energy, Inc.
Counted0.95%
ETREntergy Corp.
Counted0.95%
AFLAflac Inc.
Counted0.93%
XELXcel Energy Inc.
Counted0.86%
EXCExelon Corp.
Counted0.82%
METMetLife, Inc.
Counted0.80%
PSAPublic Storage
Counted0.80%
WMBWilliams Cos., Inc. (The)
Counted0.78%

Stock	In SPLV	In VOE	Counted
SPGSimon Property Group, Inc.	1.01%	1.19%	1.01%
SRESempra	0.97%	1.05%	0.97%
DDominion Energy, Inc.	0.95%	1.04%	0.95%
ETREntergy Corp.	0.98%	0.95%	0.95%
AFLAflac Inc.	1.15%	0.93%	0.93%
XELXcel Energy Inc.	1.01%	0.86%	0.86%
EXCExelon Corp.	1.02%	0.82%	0.82%
METMetLife, Inc.	0.84%	0.80%	0.80%
PSAPublic Storage	0.80%	0.87%	0.80%
WMBWilliams Cos., Inc. (The)	0.91%	0.78%	0.78%

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Questions people ask

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Is SPLV the same as VOE?

23.9% of their weight sits in the same 41 holdings. SPLV also reports BRK.A, DUK, REG, which the other does not. VOE also reports CMI, VLO, MPC, which the other does not.

How is the overlap between SPLV and VOE 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 SPLV and 99% of VOE, so the number cannot exceed the smaller coverage.

Which holds more, VOE or SPLV?

SPLV reports 100 stock positions and VOE reports 168. 58.3% of SPLV's weight sits in names VOE does not hold, and 75.1% of VOE's weight in names SPLV does not hold. The ten largest positions are 12.5% of SPLV and 12.6% of VOE.

How do SPLV and VOE differ by sector?

The widest gap is Utilities: SPLV has 14.1 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.

US stocksThe market today, the sectors, the largest companies and the week's results.US dividend stocksEach dividend's yield next to whether the company's cash covers it and whether it was ever cut.Bond ETFsWhat each bond ETF's bonds yield, how far its price would fall if rates rose, and how it did in 2022.Methodology and sourcesWhere every figure comes from and how it is checked.

Descriptive data from public SEC filings. Holdings change between filings.