ARKW vs QQQ: Holdings Overlap
ARKWARK Next Generation Internet ETF
ARK · 42 holdings · $1.7B · as of 2026-04-30
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
Holdings snapshots are 30 days apart (ARKW: 2026-04-30, QQQ: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are ARKW and QQQ?
ARK Next Generation Internet ETF (ARKW, by ARK) holds 42 positions; Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101. They have 15 holdings in common, and by portfolio weight the two funds are 24.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 24.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 15ARKW holds 42 · QQQ holds 101
- Weight in Shared Holdings
- ARKW 46%·QQQ 36%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in ARKW
27 of 42 positions (54.5% of the fund) are not held by QQQ.
Sector Breakdown
| Sector | ARKW | QQQ |
|---|---|---|
| Information Technology | 39.5% | 49.7% |
| Financials | 18.1% | 0.2% |
| Consumer Discretionary | 17.3% | 12.6% |
| Communication Services | 16.6% | 16.0% |
| Consumer Staples | 0.0% | 8.5% |
| Other Sectors | 0.0% | 12.8% |
| Unclassified | 8.4% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (8% of ARKW, 0% of QQQ).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ARKW | +0.5% | +0.1% | -4.8% | +34.6% | +0.7% | +22.3% | 1.59% |
| QQQ | +1.9% | +18.0% | +27.6% | +25.2% | +15.2% | +20.8% | 0.42% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in ARKW vs QQQ →
Shared Holdings(15)
The top 10 shared positions account for 92% of the overlap, led by AMZN, TSLA and GOOG.
 AMZNAmazon.com, Inc. COM | 4.20% | 4.58% | 4.20% |
|---|---|---|---|
 TSLATesla Inc COM | 8.62% | 3.80% | 3.80% |
 GOOGAlphabet Inc. CAP STK CL C | 3.93% | 3.20% | 3.20% |
 AVGOBroadcom Inc COM | 2.34% | 3.01% | 2.34% |
 METAMeta Platforms, Inc., Class A | 2.16% | 3.46% | 2.16% |
 PLTRPalantir Technologies, Inc., Class A | 2.82% | 1.90% | 1.90% |
 AMDAdvanced Micro Devices Inc. COM | 8.81% | 1.88% | 1.88% |
 NFLXNetflix, Inc. COM | 1.33% | 2.30% | 1.33% |
 NVDANVIDIA Corp. COM | 1.08% | 8.68% | 1.08% |
 SHOPShopify, Inc., Class A | 4.51% | 0.82% | 0.82% |
 CRWDCrowdstrike Holdings, Inc., Class A | 1.80% | 0.56% | 0.56% |
 MELIMercadolibre Inc COM | 0.96% | 0.50% | 0.50% |
 DASHDoorDash, Inc., Class A | 0.98% | 0.35% | 0.35% |
 ABNBAirbnb, Inc., Class A | 0.56% | 0.30% | 0.30% |
 DDOGDatadog, Inc., Class A | 1.47% | 0.22% | 0.22% |
Frequently Asked Questions
How much do ARKW and QQQ overlap?
ARKW and QQQ overlap by 24.6% of portfolio weight. They share 15 holdings (ARKW holds 42 positions and QQQ holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ARKW and QQQ?
The two portfolios are 24.6% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of ARKW and QQQ?
The largest positions held by both funds are AMZN, TSLA, GOOG, AVGO and META. Together the top 10 shared positions account for 92% of the total overlap.
What does ARKW own that QQQ doesn't?
27 positions (54.5% of ARKW) are unique to ARKW, led by ARKB, HOOD and ROKU. In the other direction, 86 positions (64.3% of QQQ) are unique to QQQ.