Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SPHQ vs VO: how they differ
SPHQ and VO hold 14% of their weight in the same names, and SPHQ returned more over the year.
Invesco S&P 500 Quality ETF and Vanguard Mid-Cap Index Fund.
What they hold in common
By the books each fund has filed, SPHQ and VO hold 14% of their money in the same securities at the same weight.
| Holding | SPHQ | VO |
|---|---|---|
| Western Digital Corp. | 2.15% | 1.07% |
| Constellation Energy Corp. | 0.99% | 0.78% |
| Motorola Solutions, Inc. | 0.74% | 0.67% |
| Allstate Corp. (The) | 0.70% | 0.59% |
| Corteva, Inc. | 0.56% | 0.55% |
| W.W. Grainger, Inc. | 0.55% | 0.59% |
| AMETEK, Inc. | 0.53% | 0.54% |
| Fastenal Co. | 0.53% | 0.54% |
| Cencora, Inc. | 0.66% | 0.51% |
| Newmont Corp. | 1.22% | 0.48% |
| eBay Inc. | 0.66% | 0.48% |
| Fortinet, Inc. | 0.85% | 0.46% |
| Only in SPHQ | Only in VO |
|---|---|
| Costco Wholesale Corp. 4.82% | Vertiv Holdings Co 1.23% |
| Visa Inc. 4.69% | Seagate Technology Holdings PLC 1.05% |
| Apple Inc. 4.51% | Quanta Services Inc 1.05% |
| Mastercard Inc. 4.32% | Howmet Aerospace Inc 1.04% |
| General Electric Co. 4.16% | Cummins Inc 0.95% |
| Lam Research Corp. 4.10% | Datadog Inc 0.84% |
| Caterpillar Inc. 3.78% | Bloom Energy Corp 0.79% |
| Cisco Systems, Inc. 3.54% | Robinhood Markets Inc 0.77% |
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 and Jun 30, 2026.
| SPHQ Invesco S&P 500 Quality ETF | VO Vanguard Mid-Cap Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | Vanguard |
| What it is | S&P 500 Quality | Mid-Cap |
| Total return, 1 year | +17.4% | +12.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.1 pts | −5.5 pts |
| Expense ratio | 0.15% | 0.03% |
| Already in the S&P 500 | 99.9% | 91.4% |
| Holdings | 99 | 282 |
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.
VO in plain words
VO is an index equity fund tracking the Mid-Cap. Over the year to Sep 11, 2026 it returned +12.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 282 positions, with the top ten at 9.6%. It sat 4.1% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, SPHQ or VO?
- In the year to Sep 12, 2026, with distributions reinvested, SPHQ returned +17.4% and VO returned +12.0%, so SPHQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPHQ or VO?
- SPHQ charges 0.15% a year and VO charges 0.03%, so VO is cheaper. Fees come from each fund's prospectus.
- How much do SPHQ and VO overlap with the S&P 500?
- By their latest filed holdings, 100% of SPHQ and 91% of VO by weight is stocks the S&P 500 already holds. Between the two funds, 14% of their books are the same securities at the same weight.
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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.
Cite this page. ETFIQ, SPHQ against VO, data as of Sep 12, 2026. https://etfiq.com/compare/any/SPHQ-VO Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources