PRGFX vs XLV: 6% overlap
T. Rowe Price Growth Stock and Health Care Select Sector SPDR Fund share 5.9% of their portfolios by weight — computed as Σ min(wA, wB) over every holding both funds own.
Different holding dates. These holdings were published about 4 months apart — PRGFX as of 2026-03-31, the rest through 2026-07-23. Each fund is compared using its most recent file, so any trading in between shows up as a difference.
You would hold two tickers and get the diversification of 1.9. Two funds that shared nothing would score 2.0; two identical funds score 1.0.
Top shared holdings
PRGFX and XLV hold 6 of the same securities. The ten contributing most to the overlap figure:
| Holding | in PRGFX | in XLV | Δ |
|---|---|---|---|
| LLY | 3.0% | 16.1% | 13.1% |
| ISRG | 1.4% | 2.0% | 0.7% |
| SYK | 0.5% | 1.9% | 1.4% |
| DHR | 0.4% | 2.1% | 1.7% |
| TMO | 0.3% | 3.6% | 3.3% |
| UNH | 0.3% | 6.6% | 6.3% |
Where PRGFX and XLV differ
Sector weights as a share of each fund, ordered by the size of the gap rather than the size of the sector — two funds that overlap heavily still usually diverge somewhere.
| Sector | PRGFX | XLV | Δ |
|---|---|---|---|
| Health Care | 6.5% | 99.7% | −93.3pp |
| Information Technology | 48.2% | 0.0% | +48.2pp |
| Communication Services | 13.1% | 0.0% | +13.1pp |
| Consumer Discretionary | 10.7% | 0.0% | +10.7pp |
| Unclassified | 5.9% | 0.0% | +5.9pp |
| Industrials | 5.6% | 0.0% | +5.6pp |
| Financials | 5.1% | 0.0% | +5.1pp |
| Cash & Other | 3.5% | 0.0% | +3.5pp |
Δ is PRGFX minus XLV, in percentage points. Sector data is not published by every issuer, so “Unclassified” is a real category rather than a gap in the table.
What each fund holds alone
90.7% of PRGFX by weight, held in no part of XLV.
67.5% of XLV by weight, held in no part of PRGFX.
A large count with a small weight is the usual shape: the positions one fund adds are typically its smallest ones.
Concentration and cost
| PRGFX | XLV | |
|---|---|---|
| Top 10 holdings | 62.8% | 62.0% |
| Positions held | 79 | 62 |
| Cost per $10,000 held, per year | $64 | $8 |
Cost is the expense ratio applied to $10,000; it excludes any brokerage commission, bid-ask spread or tax consequence. Figures are facts about the funds, not a suggestion about which to hold.
Frequently asked
How much do PRGFX and XLV overlap?
PRGFX and XLV overlap 5.9% by portfolio weight — largely distinct portfolios. They share 6 holdings. The figure comes from current issuer holdings files (PRGFX as of 2026-03-31, XLV as of 2026-07-23).
How is the overlap between PRGFX and XLV calculated?
As the sum of the smaller weight in each fund, over every holding both funds own: Σ min(wA, wB). If PRGFX holds a stock at 6% and XLV holds the same stock at 4%, 4% counts as shared. The result is bounded between 0% and 100%, and it is computed after looking through any fund-of-funds to the underlying holdings.
Is it redundant to hold both PRGFX and XLV?
That depends on your goals — we state facts, not advice. At 5.9% overlap, each fund still contributes meaningfully distinct exposure.
What does PRGFX own that XLV doesn't?
PRGFX holds 79 positions and XLV holds 62; 72 of PRGFX's positions don't appear in XLV at all, and they are 90.7% of PRGFX by weight.
You probably hold more than two funds
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Related comparisons
Sources: issuer holdings files, PRGFX as of 2026-03-31, XLV as of 2026-07-23. Weights are fractions of each fund. Diagnostics, not advice.