SML2 vs VUAA: fund overlap

ETF comparisons  /  SML2 vs VUAA

equity comparison · SML2 2026-08-28 · VUAA 2026-08-31

SML2 vs VUAA

Invesco S&P 500 UCITS ETF ETFS compared with Vanguard S&P 500 UCITS ETF ETFS

These funds provide similar company exposure.SML2 has 11 companies outside the overlap; VUAA has 18.

Do SML2 and VUAA overlap?

SML2 and VUAA overlap by 91.7% by weight, across 489 shared companies.

SML2equity

Invesco S&P 500 UCITS ETF ETFS

503holdings
0.05%annual fee
Europemarket
Valuation493 companies covered
26.3×P / E98% by weight
5.15×P / B85% by weight
3.8%Earnings yield
SML2 holdings and fund profile
VUAAequity

Vanguard S&P 500 UCITS ETF ETFS

512holdings
0.07%annual fee
Europemarket
Valuation490 companies covered
19.8×P / E97% by weight
5.28×P / B85% by weight
5.1%Earnings yield
VUAA holdings and fund profile

Price development

Both lines rebased to 0% over their shared dates

Largest shared positions

489 companies held in both funds

SML2 weight VUAA weight
Shared companySML2 VUAA
NVIDIA CORP NVDA
7.71%
8.08%
Apple Inc AAPL
6.93%
7.03%
Microsoft Corp MSFT
5.66%
5.69%
AMAZON.COM INC AMZN
3.81%
3.84%
BROADCOM INC AVGO
2.54%
2.65%
ALPHABET INC GOOGL 2 share classes
5.37%
2.39%
↳ ALPHABET INC-CL A GOOGL3.03%0.00%
↳ ALPHABET INC-CL C GOOG2.34%2.39%
META PLATFORMS INC-CLASS A META
1.85%
1.90%
Micron Technology Inc MU
1.56%
1.63%
TESLA INC TSLA
1.46%
1.57%
BERKSHIRE HATHAWAY INC. BRK/B
1.37%
1.40%
ELI LILLY & CO LLY
1.37%
1.38%
JPMorgan Chase & Co JPM
1.37%
1.44%
ADVANCED MICRO DEVICES AMD
1.07%
1.16%
ExxonMobil Holdings Corporation 2670549D
0.98%
1.01%
JOHNSON & JOHNSON JNJ
0.98%
0.97%
Visa Inc V
0.98%
0.95%
AbbVie Inc ABBV
0.68%
0.68%
Mastercard Inc MA
0.68%
0.72%
WALMART INC. WMT
0.68%
0.69%
Intel Corp INTC
0.68%
0.67%
CISCO SYSTEMS, INC. CSCO
0.68%
0.66%
Bank of America Corp BAC
0.59%
0.61%
Costco Wholesale Corp COST
0.59%
0.63%
PALANTIR TECHNOLOGIES INC-A PLTR
0.59%
0.65%
Chevron Corp CVX
0.59%
0.58%

SML2 and VUAA questions

Based on the holdings compared above

How much do SML2 and VUAA overlap?

SML2 and VUAA overlap by 91.7% by weight, across 489 shared companies.

Which companies do SML2 and VUAA both hold?

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

Can I hold both SML2 and VUAA?

Holding both means 91.7% 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 SML2 or VUAA cheaper?

SML2 has a 0.05% expense ratio and VUAA has 0.07%.

How do SML2 and VUAA compare on valuation?

SML2 has a weighted P/E of 26.3 and VUAA has a weighted P/E of 19.8.

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