Get the weekly note

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

SPHQ vs VIG: how they differ

SPHQ and VIG hold 28% of their weight in the same names, and SPHQ returned more over the year.

Invesco S&P 500 Quality ETF and Vanguard Dividend Appreciation Index Fund.

What they hold in common

By the books each fund has filed, SPHQ and VIG hold 28% of their money in the same securities at the same weight.

Positions SPHQ and VIG both hold, largest shared weight first
HoldingSPHQVIG
Apple Inc.4.51%4.10%
Visa Inc.4.69%2.34%
Costco Wholesale Corp.4.82%2.04%
Caterpillar Inc.3.78%1.88%
Mastercard Inc.4.32%1.86%
Cisco Systems, Inc.3.54%1.64%
Procter & Gamble Co. (The)3.46%1.55%
Lam Research Corp.4.10%1.46%
Coca-Cola Co. (The)3.34%1.38%
Merck & Co., Inc.2.87%1.23%
KLA Corp.3.27%1.04%
QUALCOMM Inc.2.03%0.87%
Largest positions each one holds and the other does not
Only in SPHQOnly in VIG
General Electric Co. 4.16%Broadcom Inc 5.21%
GE Vernova Inc. 3.15%Microsoft Corp 3.99%
Applied Materials, Inc. 2.80%JPMorgan Chase & Co 3.61%
Western Digital Corp. 2.15%Eli Lilly & Co 3.36%
TJX Cos., Inc. (The) 1.79%Exxon Mobil Corp 2.92%
AppLovin Corp. 1.56%Walmart Inc 2.62%
Adobe Inc. 1.45%Johnson & Johnson 2.51%
Progressive Corp. (The) 1.41%AbbVie Inc 1.69%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026.

SPHQ and VIG on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
SPHQ
Invesco S&P 500 Quality ETF
VIG
Vanguard Dividend Appreciation Index Fund
Where it sitsCore index fundCore index fund
IssuerInvescoVanguard
What it isS&P 500 QualityDividend growth
Total return, 1 year+17.4%+12.4%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−0.1 pts−5.1 pts
Expense ratio0.15%0.04%
Already in the S&P 50099.9%95.7%
Holdings99332

SPHQ in plain words

SPHQ is an index equity fund tracking the S&P 500 Quality. Over the year to Sep 11, 2026 it returned +17.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 40.7%. It sat 6.1% below its high of Jun 30, 2026 on Sep 11, 2026.

VIG in plain words

VIG is an index equity fund tracking the Dividend growth. Over the year to Sep 11, 2026 it returned +12.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for Apr 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 332 positions, with the top ten at 32.7%.

Questions people ask

Which returned more over the last year, SPHQ or VIG?
In the year to Sep 12, 2026, with distributions reinvested, SPHQ returned +17.4% and VIG returned +12.4%, so SPHQ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, SPHQ or VIG?
SPHQ charges 0.15% a year and VIG charges 0.04%, so VIG is cheaper. Fees come from each fund's prospectus.
How much do SPHQ and VIG overlap with the S&P 500?
By their latest filed holdings, 100% of SPHQ and 96% of VIG by weight is stocks the S&P 500 already holds. Between the two funds, 28% of their books are the same securities at the same weight.

Other comparisons

Where to next

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

SPHQ against VIG, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, SPHQ against VIG, data as of Sep 12, 2026. https://etfiq.com/compare/any/SPHQ-VIG Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources