PBUS vs SPY: fund overlap

ETF comparisons  /  PBUS vs SPY

equity comparison · PBUS 2026-05-31 · SPY 2026-09-11

PBUS vs SPY

Invesco MSCI USA ETF compared with State Street SPDR S&P 500 ETF Trust

These funds provide similar company exposure.PBUS has 82 companies outside the overlap; SPY has 47.

Do PBUS and SPY overlap?

PBUS and SPY overlap by 91.5% by weight, across 454 shared companies.

PBUSequity

Invesco MSCI USA ETF

540holdings
0.04%annual fee
USmarket
Valuation521 companies covered
27.4×P / E96% by weight
5.52×P / B84% by weight
3.6%Earnings yield
PBUS holdings and fund profile
SPYUS equity

State Street SPDR S&P 500 ETF Trust

504holdings
0.09%annual fee
USmarket
Valuation492 companies covered
27.5×P / E97% by weight
5.44×P / B85% by weight
3.6%Earnings yield
SPY holdings and fund profile

Price development

Both lines rebased to 0% over their shared dates

Largest shared positions

454 companies held in both funds

PBUS weight SPY weight
Shared companyPBUS SPY
NVIDIA CORP NVDA
7.70%
8.01%
Apple Inc AAPL
6.89%
7.40%
ALPHABET INC GOOGL 2 share classes
6.08%
5.41%
↳ ALPHABET INC-CL A GOOGL3.32%3.01%
↳ ALPHABET INC-CL C GOOG2.75%2.40%
Microsoft Corp MSFT
4.77%
5.58%
AMAZON.COM INC AMZN
3.91%
3.81%
BROADCOM INC AVGO
3.02%
2.60%
META PLATFORMS INC-CLASS A META
2.07%
2.16%
Micron Technology Inc MU
1.64%
1.67%
TESLA INC TSLA
1.85%
1.56%
ELI LILLY & CO LLY
1.33%
1.34%
ADVANCED MICRO DEVICES AMD
1.26%
1.28%
JPMorgan Chase & Co JPM
1.22%
1.45%
BERKSHIRE HATHAWAY INC. BRK/B
0.98%
1.42%
Visa Inc V
0.83%
0.93%
JOHNSON & JOHNSON JNJ
0.81%
0.97%
Intel Corp INTC
0.78%
0.77%
WALMART INC. WMT
0.76%
0.71%
CISCO SYSTEMS, INC. CSCO
0.71%
0.67%
Mastercard Inc MA
0.63%
0.70%
Costco Wholesale Corp COST
0.64%
0.61%
AbbVie Inc ABBV
0.58%
0.69%
Caterpillar Inc CAT
0.61%
0.57%
LAM RESEARCH CORPORATION LRCX
0.60%
0.57%
PALANTIR TECHNOLOGIES INC-A PLTR
0.54%
0.58%
Applied Materials Inc AMAT
0.54%
0.55%

PBUS and SPY questions

Based on the holdings compared above

How much do PBUS and SPY overlap?

PBUS and SPY overlap by 91.5% by weight, across 454 shared companies.

Which companies do PBUS and SPY both hold?

The largest companies held in both funds are NVIDIA CORP, Apple Inc, ALPHABET INC, Microsoft Corp, AMAZON.COM INC.

Can I hold both PBUS and SPY?

Holding both means 91.5% of that part of your portfolio is the same companies counted twice. That can suit you or not depending on your goals; this tool reports the overlap rather than giving advice.

Is PBUS or SPY cheaper?

PBUS has a 0.04% expense ratio and SPY has 0.09%.

How do PBUS and SPY compare on valuation?

PBUS has a weighted P/E of 27.4 and SPY has a weighted P/E of 27.5.

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