RSP vs XLB: how much do they overlap?
Invesco S&P 500 Equal Weight ETF (RSP) · Materials Select Sector SPDR ETF (XLB)
overlap by weight · 25 shared holdings
RSP: 503 holdings (as of 2026-04-30) · XLB: 26 holdings (as of 09-Jul-2026)
Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.
Low overlap
What this means
RSP and XLB hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Overlap by weight sums the smaller of the two funds' weights for every stock they both hold — it answers "how much of my money is in the same stocks either way?" See methodology.
Top shared holdings
| Company | Ticker | in RSP | in XLB |
|---|---|---|---|
| Nucor Corp. | NUE | 0.25% | 3.91% |
| Steel Dynamics, Inc. | STLD | 0.24% | 3.65% |
| Dow Inc. | DOW | 0.23% | 2.78% |
| Albemarle Corp. | ALB | 0.22% | 2.05% |
| CRH PLC | CRH | 0.22% | 4.61% |
| Vulcan Materials Co. | VMC | 0.22% | 4.67% |
| LyondellBasell Industries N.V. | LYB | 0.21% | 1.94% |
| Air Products and Chemicals, Inc. | APD | 0.21% | 4.72% |
| PPG Industries, Inc. | PPG | 0.2% | 3.5% |
| Linde PLC | LIN | 0.2% | 14.41% |
FAQ
How much do RSP and XLB overlap?
RSP and XLB have a 4.9% overlap by weight, sharing 25 holdings (out of 503 in RSP and 26 in XLB), based on official issuer holdings as of 2026-04-30.
What does 4.9% overlap mean?
RSP and XLB hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do RSP and XLB both hold?
The largest shared positions are Nucor Corp., Steel Dynamics, Inc., Dow Inc., Albemarle Corp., CRH PLC. The full list of top shared holdings with weights in each fund is shown on this page.