USPX vs SPHD overlap
USPX and SPHD overlap 4.6% by weight, across 40 shared holdings.
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Top shared holdings
| Holding | USPX | SPHD | Overlap |
|---|---|---|---|
| Exxon Mobil Corp.XOM | 0.88% | 1.54% | 0.88% |
| Chevron Corp.CVX | 0.48% | 2.09% | 0.48% |
| Verizon CommunicVZ | 0.28% | 3.47% | 0.28% |
| At&T Inc.T | 0.23% | 2.01% | 0.23% |
| Pfizer Inc.PFE | 0.21% | 2.98% | 0.21% |
| Altria Group Inc.MO | 0.19% | 3.43% | 0.19% |
| Bristol-MYER SQBBMY | 0.18% | 2.06% | 0.18% |
| DUKE Energy Corp.DUK | 0.16% | 1.58% | 0.16% |
| US BancorpUSB | 0.15% | 1.61% | 0.15% |
| Williams COS Inc.WMB | 0.14% | 1.60% | 0.14% |
| Comcast Corp.-aCMCSA | 0.14% | 1.60% | 0.14% |
| EOG ResourcesEOG | 0.11% | 1.98% | 0.11% |
| Kinder Morgan inKMI | 0.10% | 1.96% | 0.10% |
| Truist FinancialTFC | 0.10% | 1.74% | 0.10% |
| Dominion EnergyD | 0.09% | 2.13% | 0.09% |
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: USPX, SEC Form N-PORT, June 30, 2026; SPHD, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | USPX | SPHD |
|---|---|---|
| Franklin Resources Inc. | $786.0M | $29.7M |
| Sanctuary Advisors, LLC | $139.9M | $5.6M |
| LPL Financial LLC | $12.0M | $110.1M |
| JPMorgan Chase & Co | $32.9M | $11.0M |
| Ameriprise Financial Inc. | $11.3M | $23.5M |
| Wells Fargo & Company | $40 | $24.6M |
| Private Advisor Group, LLC | $512K | $21.6M |
| Cetera Investment Advisers | $1.1M | $15.3M |
| Osaic Holdings, Inc. | $3.5M | $12.2M |
| Envestnet Asset Management Inc. | $511K | $14.1M |
| FMR LLC | $4K | $13.3M |
| Goldman Sachs Group Inc. | $3.3M | $7.4M |
| Atria Investments, Inc | $8.5M | $1.2M |
| RFG Advisory, LLC | $4.2M | $922K |
| Flow Traders U.S. LLC | $272K | $1.7M |
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: USPX institutional holders, SPHD institutional holders.
Frequently asked questions
How much do USPX and SPHD overlap?
4.6% by weight, with 40 holdings in common, using holdings for USPX as of June 30, 2026 and SPHD as of May 31, 2026. The largest shared position is XOM.
Do institutions hold both USPX and SPHD?
26 Form 13F filers report positions in both, out of 366 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%.