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ETF comparison

SPHB vs XLG

Both US Large Cap.

Invesco S&P 500 High Beta ETF · Invesco S&P 500 Top 50 ETF

Holdings overlap

Weighted by ISIN/CUSIP
16.8 %

20 positions appear in both funds. Buying equal dollars of SPHB and XLG would leave roughly 16.8% of each dollar exposed to the same underlying securities.

SPHB unmatched 85.3% Shared 16.8% XLG unmatched 83.2%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In SPHB only
81 positions
Shared
20 positions
In XLG only
32 positions

Side by side

SPHB

Invesco S&P 500 High Beta ETF

Invesco · US Large Cap

75 composite / 100
Expense ratio
0.25%
Net assets
$950.6M
TTM yield
0.56%
Top-10 conc.
17.4%
XLG

Invesco S&P 500 Top 50 ETF

Invesco · US Large Cap

79 composite / 100
Expense ratio
0.20%
Net assets
$11.69B
TTM yield
0.64%
Top-10 conc.
60.1%

Sub-score comparison

75
Cost
80
89
Tax efficiency
89
56
Liquidity
100
89
Concentration
28
—
Tracking quality
—
SPHB sub-score XLG

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

XLG is 5 bps cheaper than SPHB. On a $100,000 position that's about $50/yr more in fees for SPHB.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with SPHB vs XLG.

Top shared holdings

20 shared in total
# Holding In SPHB In XLG Overlap
1 Micron Technology, Inc. 1.92% 2.30% 1.92%
2 Advanced Micro Devices, Inc. 1.50% 1.93% 1.50%
3 Tesla, Inc. 1.20% 2.17% 1.20%
4 Broadcom Inc. 1.10% 4.57% 1.10%
5 Intel Corp. 1.14% 1.06% 1.06%
6 Applied Materials, Inc. 1.19% 1.00% 1.00%
7 NVIDIA Corp. 0.94% 12.06% 0.94%
8 Lam Research Corp. 1.45% 0.91% 0.91%
9 Meta Platforms, Inc. 0.88% 3.03% 0.88%
10 Amazon.com, Inc. 0.79% 6.60% 0.79%
11 Caterpillar Inc. 0.78% 0.93% 0.78%
12 Goldman Sachs Group, Inc. (The) 0.85% 0.74% 0.74%

Only in SPHB

81 total
  • Super Micro Computer, Inc. 1.96%
  • Robinhood Markets, Inc. 1.95%
  • AppLovin Corp. 1.71%
  • Coinbase Global, Inc. 1.62%
  • Dell Technologies Inc. 1.57%
  • Coherent Corp. 1.53%
  • United Airlines Holdings, Inc. 1.38%
  • Teradyne, Inc. 1.35%
  • Western Digital Corp. 1.33%
  • Ciena Corp. 1.32%

Only in XLG

32 total
  • Apple Inc. 11.26%
  • Microsoft Corp. 8.56%
  • Alphabet Inc. 5.18%
  • Alphabet Inc. 4.18%
  • JPMorgan Chase & Co. 2.34%
  • Berkshire Hathaway Inc. 2.33%
  • Eli Lilly and Co. 2.25%
  • ExxonMobil Holdings Corp. 1.60%
  • Johnson & Johnson 1.53%
  • Visa Inc. 1.51%

Percentages are holdings overlap with the named fund.

Open SPHB or XLG at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.