RSP vs XLP: how much do they overlap?
Invesco S&P 500 Equal Weight ETF (RSP) · Consumer Staples Select Sector SPDR ETF (XLP)
overlap by weight · 34 shared holdings
RSP: 503 holdings (as of 2026-04-30) · XLP: 34 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 XLP 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 XLP |
|---|---|---|---|
| Mondelez International, Inc. | MDLZ | 0.21% | 4.18% |
| Altria Group, Inc. | MO | 0.21% | 4.51% |
| Casey's General Stores, Inc. | CASY | 0.21% | 1.97% |
| Target Corp. | TGT | 0.21% | 3.89% |
| Tyson Foods, Inc. | TSN | 0.21% | 1.06% |
| Walmart Inc. | WMT | 0.21% | 10.69% |
| Keurig Dr Pepper Inc. | KDP | 0.2% | 2.71% |
| Brown-Forman Corp. | BF.B | 0.2% | 0.28% |
| Archer-Daniels-Midland Co. | ADM | 0.2% | 2.47% |
| Constellation Brands, Inc. | STZ | 0.2% | 1.2% |
FAQ
How much do RSP and XLP overlap?
RSP and XLP have a 6.4% overlap by weight, sharing 34 holdings (out of 503 in RSP and 34 in XLP), based on official issuer holdings as of 2026-04-30.
What does 6.4% overlap mean?
RSP and XLP hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do RSP and XLP both hold?
The largest shared positions are Mondelez International, Inc., Altria Group, Inc., Casey's General Stores, Inc., Target Corp., Tyson Foods, Inc.. The full list of top shared holdings with weights in each fund is shown on this page.