SPMO vs XLF: how much do they overlap?
Invesco S&P 500 Momentum ETF (SPMO) · Financial Select Sector SPDR ETF (XLF)
overlap by weight · 20 shared holdings
SPMO: 99 holdings (as of 2026-02-28) · XLF: 77 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
SPMO and XLF 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 SPMO | in XLF |
|---|---|---|---|
| JPMorgan Chase & Co. | JPM | 5.14% | 11.45% |
| Visa Inc. | V | 3.16% | 7.36% |
| Goldman Sachs Group, Inc. (The) | GS | 1.47% | 3.97% |
| Wells Fargo & Co. | WFC | 1.36% | 3.39% |
| Charles Schwab Corp. (The) | SCHW | 1.23% | 2.12% |
| Citigroup Inc. | C | 1.22% | 3.03% |
| CME Group Inc. | CME | 1.16% | 1.11% |
| Morgan Stanley | MS | 1.09% | 3.39% |
| Bank of New York Mellon Corp. (The) | BNY | 0.77% | 1.33% |
| BlackRock, Inc. | BLK | 0.76% | 1.87% |
FAQ
How much do SPMO and XLF overlap?
SPMO and XLF have a 20% overlap by weight, sharing 20 holdings (out of 99 in SPMO and 77 in XLF), based on official issuer holdings as of 2026-02-28.
What does 20% overlap mean?
SPMO and XLF hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do SPMO and XLF both hold?
The largest shared positions are JPMorgan Chase & Co., Visa Inc., Goldman Sachs Group, Inc. (The), Wells Fargo & Co., Charles Schwab Corp. (The). The full list of top shared holdings with weights in each fund is shown on this page.