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ETF comparison

TCAF vs XLG

Both US Large Cap.

T. Rowe Price Capital Appreciation Equity ETF · Invesco S&P 500 Top 50 ETF

Holdings overlap

Weighted by ISIN/CUSIP
44.8 %

20 positions appear in both funds. Buying equal dollars of TCAF and XLG would leave roughly 44.8% of each dollar exposed to the same underlying securities.

TCAF unmatched 53.3% Shared 44.8% XLG unmatched 55.3%

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 TCAF only
68 positions
Shared
20 positions
In XLG only
32 positions

Side by side

TCAF

T. Rowe Price Capital Appreciation Equity ETF

T. Rowe Price · US Large Cap

79 composite / 100
Expense ratio
0.31%
Net assets
$9.27B
TTM yield
0.45%
Top-10 conc.
40.9%
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

69
Cost
80
90
Tax efficiency
89
99
Liquidity
100
56
Concentration
28
—
Tracking quality
—
TCAF sub-score XLG

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

Cost difference

XLG is 11 bps cheaper than TCAF. On a $100,000 position that's about $110/yr more in fees for TCAF.

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 TCAF vs XLG.

Top shared holdings

20 shared in total
# Holding In TCAF In XLG Overlap
1 AMAZON.COM INC 5.83% 6.60% 5.83%
2 NVIDIA CORP 5.30% 12.06% 5.30%
3 MICROSOFT CORP 5.14% 8.56% 5.14%
4 APPLE INC 4.70% 11.26% 4.70%
5 ALPHABET INC CL A 4.36% 5.18% 4.36%
6 BROADCOM INC 3.14% 4.57% 3.14%
7 META PLATFORMS INC-CLASS A 4.18% 3.03% 3.03%
8 MICRON TECHNOLOGY INC 2.06% 2.30% 2.06%
9 ADVANCED MICRO DEVICES 2.65% 1.93% 1.93%
10 J.P. MORGAN CHASE & CO. 1.86% 2.34% 1.86%
11 VISA INC-CLASS A SHARES 1.56% 1.51% 1.51%
12 MASTERCARD INC - A 2.04% 1.15% 1.15%

Only in TCAF

68 total
  • CENTERPOINT ENERGY INC 3.03%
  • KEURIG DR PEPPER INC 2.60%
  • NISOURCE INC 2.42%
  • TAIWAN SEMICONDUCTOR-SP ADR 2.18%
  • CENCORA INC 2.00%
  • WATERS CORP 1.79%
  • AMEREN CORPORATION 1.69%
  • PPL CORP 1.64%
  • DANAHER CORP 1.59%
  • CYTOKINETICS INC 1.34%

Only in XLG

32 total
  • Berkshire Hathaway Inc. 2.33%
  • Tesla, Inc. 2.17%
  • ExxonMobil Holdings Corp. 1.60%
  • Johnson & Johnson 1.53%
  • Walmart Inc. 1.21%
  • Cisco Systems, Inc. 1.14%
  • AbbVie Inc. 1.10%
  • Intel Corp. 1.06%
  • Costco Wholesale Corp. 1.05%
  • Bank of America Corp. 1.00%

Percentages are holdings overlap with the named fund.

Open TCAF 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.