RSP vs XLE: how much do they overlap?
Invesco S&P 500 Equal Weight ETF (RSP) · Energy Select Sector SPDR ETF (XLE)
overlap by weight · 20 shared holdings
RSP: 503 holdings (as of 2026-04-30) · XLE: 21 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 XLE 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 XLE |
|---|---|---|---|
| APA Corp. | APA | 0.24% | 0.79% |
| Baker Hughes Co. | BKR | 0.23% | 3.83% |
| SLB Ltd. | SLB | 0.23% | 4.47% |
| Halliburton Co. | HAL | 0.23% | 1.92% |
| Diamondback Energy, Inc. | FANG | 0.22% | 2.38% |
| Devon Energy Corp. | DVN | 0.22% | 3.27% |
| Targa Resources Corp. | TRGP | 0.21% | 3.95% |
| Marathon Petroleum Corp. | MPC | 0.21% | 4.8% |
| Valero Energy Corp. | VLO | 0.21% | 4.64% |
| Occidental Petroleum Corp. | OXY | 0.21% | 2.56% |
FAQ
How much do RSP and XLE overlap?
RSP and XLE have a 4.1% overlap by weight, sharing 20 holdings (out of 503 in RSP and 21 in XLE), based on official issuer holdings as of 2026-04-30.
What does 4.1% overlap mean?
RSP and XLE hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do RSP and XLE both hold?
The largest shared positions are APA Corp., Baker Hughes Co., SLB Ltd., Halliburton Co., Diamondback Energy, Inc.. The full list of top shared holdings with weights in each fund is shown on this page.