SPMO vs XLE ETF holdings comparison
Invesco S&P 500 Momentum ETF (SPMO) · Energy Select Sector SPDR ETF (XLE)
SPMO and XLE overlap by 0.3% by portfolio weight. The remaining 99.7 percentage points are not counted as shared holdings weight by this calculation. They share 1 stocks; the largest shared position is Williams Cos., Inc. (The) (WMB), contributing 0.31% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
SPMO and XLE share a smaller portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "low holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
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.
This comparison covers normalized equity positions represented in the dataset. Cash, derivatives, options, structured notes, and other non-equity assets are not included, so the result is not a complete comparison of every asset or risk in either fund.
Top shared holdings
| Company | Ticker | in SPMO | in XLE |
|---|---|---|---|
| Williams Cos., Inc. (The) | WMB | 0.31% | 3.69% |
Holdings only in SPMO or XLE
SPMO has 98 fund-only positions representing approximately 99.8 percentage points of reported exposure; XLE has 21 fund-only positions representing approximately 95.8 percentage points of reported exposure. These are positions whose normalized security identifiers appear in one issuer file but not the other.
Largest positions only in SPMO
| Company | Ticker | Weight |
|---|---|---|
| Micron Technology, Inc. | MU | 10.73% |
| NVIDIA Corp. | NVDA | 8.46% |
| Broadcom Inc. | AVGO | 7.58% |
| Alphabet Inc. | GOOGL | 4.81% |
| Advanced Micro Devices, Inc. | AMD | 4.14% |
| Johnson & Johnson | JNJ | 3.85% |
| Alphabet Inc. | GOOG | 3.82% |
| Lam Research Corp. | LRCX | 3.54% |
| Intel Corp. | INTC | 2.95% |
| Exxon Mobil Corp. | XOM | 2.78% |
Largest positions only in XLE
| Company | Ticker | Weight |
|---|---|---|
| Exxonmobil Holdings Corp | XOM | 20.45% |
| Chevron Corp | CVX | 14.90% |
| Conocophillips | COP | 6.39% |
| Marathon Petroleum Corp | MPC | 5.32% |
| Phillips 66 | PSX | 5.29% |
| Valero Energy Corp | VLO | 4.96% |
| Slb Ltd | SLB | 4.46% |
| Eog Resources Inc | EOG | 4.32% |
| Targa Resources Corp | TRGP | 3.67% |
| Baker Hughes Co | BKR | 3.66% |
FAQ
How much do SPMO and XLE overlap?
SPMO and XLE have 0.3% overlap by weight, sharing 1 equity positions (out of 99 in SPMO and 22 in XLE). The official holdings files used are dated 2026-05-31 for SPMO and 2026-08-25 for XLE.
What does 0.3% overlap mean?
SPMO and XLE share a smaller portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "low holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
Which stocks do SPMO and XLE both hold?
The largest shared positions are Williams Cos., Inc. (The). The top shared holdings with weights in each fund are shown on this page.
What holdings are different between SPMO and XLE?
SPMO has 98 positions not found in XLE, while XLE has 21 positions not found in SPMO. The largest fund-only positions and their weights are shown on this page.