SSO vs SPXL overlap
SSO and SPXL overlap 64.7% by weight, across 499 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (SSO: May 31, 2026, SPXL: July 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 | SSO | SPXL | Overlap |
|---|---|---|---|
| Nvidia Corp.NVDA | 5.18% | 5.65% | 5.18% |
| Apple Inc.AAPL | 4.63% | 5.27% | 4.63% |
| Microsoft Corp.MSFT | 3.38% | 4.01% | 3.38% |
| Amazon.COM Inc.AMZN | 2.67% | 3.09% | 2.67% |
| Alphabet Inc.-aGOOGL | 2.24% | 2.43% | 2.24% |
| Broadcom Inc.AVGO | 2.14% | 2.14% | 2.14% |
| Alphabet Inc.-CGOOG | 1.78% | 1.96% | 1.78% |
| META Platforms-aMETA | 1.40% | 1.42% | 1.40% |
| Micron TechMU | 1.10% | 1.08% | 1.08% |
| Tesla Inc.TSLA | 1.24% | 1.02% | 1.02% |
| ELI Lilly & CoLLY | 0.88% | 1.06% | 0.88% |
| Berkshire HATH-BBRK/B | 0.88% | 1.09% | 0.88% |
| ADV Micro DeviceAMD | 0.85% | 0.90% | 0.85% |
| JPMorgan ChaseJPM | 0.82% | 1.10% | 0.82% |
| Exxon Mobil Corp.XOM | 0.61% | 0.75% | 0.61% |
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: SSO, SEC Form N-PORT, May 31, 2026; SPXL, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | SSO | SPXL |
|---|---|---|
| Howard Capital Management, LLC | $820.1M | $382.8M |
| Main Street Group, LTD | $80.5M | $200K |
| Goldman Sachs Group Inc. | $59.2M | $13.4M |
| Wealthstar Advisors, LLC | $619K | $40.7M |
| Spire Wealth Management | $25.7M | $8.6M |
| SBI Securities Co., Ltd. | $20K | $32.9M |
| GTS Securities LLC | $5.4M | $19.3M |
| UBS Group AG | $21.7M | $974K |
| Kingswood Wealth Advisors, LLC | $18.3M | $427K |
| HighTower Advisors, LLC | $16.8M | $481K |
| Tower Research Capital LLC (TRC) | $3.7M | $9.7M |
| Blueprint Investment Partners LLC | $6.6M | $3.9M |
| PNC Financial Services Group, Inc. | $10.3M | $136K |
| JPMorgan Chase & Co | $6.6M | $3.8M |
| Lido Advisors, LLC | $8.0M | $750K |
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: SSO institutional holders, SPXL institutional holders.
Frequently asked questions
How much do SSO and SPXL overlap?
64.7% by weight, with 499 holdings in common, using holdings for SSO as of May 31, 2026 and SPXL as of July 31, 2026. The largest shared position is NVDA.
Do institutions hold both SSO and SPXL?
61 Form 13F filers report positions in both, out of 334 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%.