SPHQ vs ESGU overlap
SPHQ and ESGU overlap 21.4% by weight, across 65 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (SPHQ: July 31, 2026, ESGU: May 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | SPHQ | ESGU | Overlap |
|---|---|---|---|
| Apple Inc.AAPL | 5.21% | 6.83% | 5.21% |
| VISA Inc.-Class aV | 5.57% | 0.95% | 0.95% |
| Cisco SystemsCSCO | 3.73% | 0.75% | 0.75% |
| Applied MaterialAMAT | 2.63% | 0.72% | 0.72% |
| LAM ResearchLRCX | 3.97% | 0.71% | 0.71% |
| Mastercard Inc.-aMA | 5.76% | 0.63% | 0.63% |
| Costco WholesaleCOST | 3.99% | 0.61% | 0.61% |
| Procter & GamblePG | 2.85% | 0.52% | 0.52% |
| General ElectricGE | 3.95% | 0.46% | 0.46% |
| Texas InstrumentTXN | 2.21% | 0.45% | 0.45% |
| Netflix Inc.NFLX | 3.71% | 0.44% | 0.44% |
| GE Vernova Inc.GEV | 4.13% | 0.44% | 0.44% |
| Western DigitalWDC | 3.08% | 0.43% | 0.43% |
| Progressive Corp.PGR | 1.33% | 0.38% | 0.38% |
| Automatic DataADP | 1.04% | 0.36% | 0.36% |
Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: SPHQ, SEC Form N-PORT, July 31, 2026; ESGU, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | SPHQ | ESGU |
|---|---|---|
| Bank of America Corp. | $450.8M | $2.2B |
| JPMorgan Chase & Co | $76.6M | $1.9B |
| LPL Financial LLC | $1.2B | $211.4M |
| Morgan Stanley | $516.1M | $438.3M |
| Envestnet Asset Management Inc. | $606.5M | $337.8M |
| Northern Trust Corp. | $3.4M | $914.3M |
| FMR LLC | $842.6M | $46.0M |
| Ameriprise Financial Inc. | $821.9M | $55.7M |
| Wells Fargo & Company | $523.9M | $209.5M |
| Goldman Sachs Group Inc. | $28.2M | $640.7M |
| Betterment LLC | $892K | $664.3M |
| Wealth Enhancement Advisory Services, LLC | $522.5M | $33.8M |
| Raymond James Financial Inc. | $403.3M | $32.6M |
| Northwestern Mutual Wealth Management Co | $229.0M | $175.1M |
| BlackRock, Inc. | $3.2M | $383.5M |
This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.
Who owns them: SPHQ institutional holders, ESGU institutional holders.
Frequently asked questions
How much do SPHQ and ESGU overlap?
21.4% by weight, with 65 holdings in common, using holdings for SPHQ as of July 31, 2026 and ESGU as of May 31, 2026. The largest shared position is AAPL.
Do institutions hold both SPHQ and ESGU?
355 Form 13F filers report positions in both, out of 1,333 that report either one.
How is overlap by weight worked out?
For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.