Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VLUE vs XLG: how they differ
VLUE and XLG hold 5% of their weight in the same names, and VLUE returned more over the year.
iShares MSCI USA Value Factor ETF and Invesco S&P 500 Top 50 ETF.
What they hold in common
By the books each fund has filed, VLUE and XLG hold 5% of their money in the same securities at the same weight.
| Holding | VLUE | XLG |
|---|---|---|
| CISCO SYSTEMS, INC. | 4.97% | 0.98% |
| BANK OF AMERICA CORPORATION | 1.88% | 0.96% |
| MERCK & CO., INC. | 1.57% | 0.73% |
| WELLS FARGO & COMPANY | 1.12% | 0.69% |
| VERIZON COMMUNICATIONS INC. | 2.66% | 0.55% |
| THE WALT DISNEY COMPANY | 1.09% | 0.50% |
| AT&T INC. | 2.53% | 0.49% |
| ACCENTURE PUBLIC LIMITED COMPANY | 0.65% | 0.30% |
| Only in VLUE | Only in XLG |
|---|---|
| MICRON TECHNOLOGY, INC. 11.63% | NVIDIA Corp. 13.10% |
| INTEL CORPORATION 9.29% | Apple Inc. 10.76% |
| APPLIED MATERIALS, INC. 3.67% | Microsoft Corp. 8.18% |
| GENERAL MOTORS COMPANY 3.16% | Amazon.com, Inc. 6.99% |
| CITIGROUP INC. 1.94% | Alphabet Inc. 6.05% |
| WESTERN DIGITAL CORPORATION 1.89% | Broadcom Inc. 4.85% |
| QUALCOMM INCORPORATED 1.80% | Alphabet Inc. 4.82% |
| FEDEX CORPORATION 1.69% | Meta Platforms, Inc. 3.61% |
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.
| VLUE iShares MSCI USA Value Factor ETF | XLG Invesco S&P 500 Top 50 ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Invesco |
| What it is | MSCI USA Value Factor | S&P 500 top 50 |
| Total return, 1 year | +69.4% | +12.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +51.9 pts | −5.3 pts |
| Expense ratio | 0.15% | 0.20% |
| Already in the S&P 500 | 96.9% | 100.0% |
| Holdings | 148 | 51 |
VLUE in plain words
VLUE is an index equity fund tracking the MSCI USA Value Factor. Over the year to Sep 11, 2026 it returned +69.4% 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, 97% of the fund by weight is stocks the S&P 500 also holds, across 148 positions, with the top ten at 43.6%.
XLG in plain words
XLG is an index equity fund tracking the S&P 500 top 50. Over the year to Sep 11, 2026 it returned +12.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% 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 51 positions, with the top ten at 63.6%.
Questions people ask
- Which returned more over the last year, VLUE or XLG?
- In the year to Sep 12, 2026, with distributions reinvested, VLUE returned +69.4% and XLG returned +12.2%, so VLUE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VLUE or XLG?
- VLUE charges 0.15% a year and XLG charges 0.20%, so VLUE is cheaper. Fees come from each fund's prospectus.
- How much do VLUE and XLG overlap with the S&P 500?
- By their latest filed holdings, 97% of VLUE and 100% of XLG by weight is stocks the S&P 500 already holds. Between the two funds, 5% 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, VLUE against XLG, data as of Sep 12, 2026. https://etfiq.com/compare/any/VLUE-XLG Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources