SPMO vs XLI: how much do they overlap?
Invesco S&P 500 Momentum ETF (SPMO) · Industrial Select Sector SPDR ETF (XLI)
overlap by weight · 14 shared holdings
SPMO: 99 holdings (as of 2026-02-28) · XLI: 82 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 XLI 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 XLI |
|---|---|---|---|
| GE Vernova Inc. | GEV | 2.7% | 5.13% |
| General Electric Co. | GE | 2.6% | 6.66% |
| RTX Corp. | RTX | 1.63% | 4.67% |
| Deere & Co. | DE | 0.99% | 2.65% |
| Howmet Aerospace Inc. | HWM | 0.94% | 1.95% |
| Johnson Controls International PLC | JCI | 0.6% | 1.52% |
| Parker-Hannifin Corp. | PH | 0.59% | 2.13% |
| Trane Technologies PLC | TT | 0.52% | 1.85% |
| Quanta Services, Inc. | PWR | 0.48% | 1.78% |
| Axon Enterprise, Inc. | AXON | 0.41% | 0.83% |
FAQ
How much do SPMO and XLI overlap?
SPMO and XLI have a 12.6% overlap by weight, sharing 14 holdings (out of 99 in SPMO and 82 in XLI), based on official issuer holdings as of 2026-02-28.
What does 12.6% overlap mean?
SPMO and XLI hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do SPMO and XLI both hold?
The largest shared positions are GE Vernova Inc., General Electric Co., RTX Corp., Deere & Co., Howmet Aerospace Inc.. The full list of top shared holdings with weights in each fund is shown on this page.