AVEM vs CQQQ: Holdings Overlap
AVEMAvantis Emerging Markets Equity ETF
Avantis · 3893 holdings · $25.8B · as of 2026-05-31
CQQQInvesco China Technology ETF
Invesco · 173 holdings · $3.2B · as of 2026-04-30
Holdings snapshots are 31 days apart (AVEM: 2026-05-31, CQQQ: 2026-04-30). 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 AVEM and CQQQ?
Avantis Emerging Markets Equity ETF (AVEM, by Avantis) holds 3893 positions; Invesco China Technology ETF (CQQQ, by Invesco) holds 173. They have 14 holdings in common, and by portfolio weight the two funds are 3.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 14AVEM holds 3893 · CQQQ holds 173
- Weight in Shared Holdings
- AVEM 3%·CQQQ 43%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 AVEM
3879 of 3893 positions (97.0% of the fund) are not held by CQQQ. Showing the top 30 by weight.
Only in CQQQ
159 of 173 positions (56.6% of the fund) are not held by AVEM. Showing the top 30 by weight.
Sector Breakdown
| Sector | AVEM | CQQQ |
|---|---|---|
| Information Technology | 33.8% | 28.3% |
| Communication Services | 3.1% | 23.3% |
| Consumer Discretionary | 5.1% | 17.1% |
| Financials | 10.7% | 0.0% |
| Materials | 3.7% | 0.0% |
| Other Sectors | 7.0% | 0.0% |
| Unclassified | 36.5% | 31.3% |
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 (37% of AVEM, 31% of CQQQ).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| AVEM | -0.3% | +20.6% | +33.7% | +21.9% | +9.9% | — | 1.90% |
| CQQQ | -1.6% | +2.1% | +13.8% | +8.9% | -4.9% | +4.7% | 2.12% |
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 AVEM vs CQQQ →
Shared Holdings(14)
The top 10 shared positions account for 100% of the overlap, led by 700, PDD and 1024.
 700Tencent Holdings Ltd. | 1.51% | 8.41% | 1.51% |
|---|---|---|---|
 PDDPDD Holdings Inc., ADR | 0.70% | 8.48% | 0.70% |
 1024Kuaishou Technology | 0.25% | 4.28% | 0.25% |
 1888Kingboard Laminates Holdings Ltd. | 0.14% | 1.45% | 0.14% |
 3690Meituan, B Shares | 0.12% | 8.59% | 0.12% |
 2382Sunny Optical Technology (Group) Co. Ltd. | 0.08% | 1.91% | 0.08% |
 9698GDS Holdings Ltd., A Shares | 0.05% | 1.52% | 0.05% |
 TMETencent Music Entertainment Group, ADR | 0.04% | 1.58% | 0.04% |
 ATHMAutohome Inc., ADR | 0.03% | 0.40% | 0.03% |
 3888Kingsoft Corp. Ltd. | 0.03% | 1.03% | 0.03% |
 TVLTravelSky Technology Ltd., H Shares | 0.01% | 0.40% | 0.01% |
 JOYYJOYY Inc., ADR | 0.01% | 0.54% | 0.01% |
 1347Hua Hong Semiconductor Ltd. | 0.00% | 3.63% | 0.00% |
 268Kingdee International Software Group Co. Ltd. | 0.00% | 1.10% | 0.00% |
Frequently Asked Questions
How much do AVEM and CQQQ overlap?
AVEM and CQQQ overlap by 3.0% of portfolio weight. They share 14 holdings (AVEM holds 3893 positions and CQQQ holds 173), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVEM and CQQQ?
The two portfolios are 3.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of AVEM and CQQQ?
The largest positions held by both funds are 700, PDD, 1024, 1888 and 3690. Together the top 10 shared positions account for 100% of the total overlap.
What does AVEM own that CQQQ doesn't?
3879 positions (97.0% of AVEM) are unique to AVEM, led by 000660, TSM and SMSNRUB. In the other direction, 159 positions (56.6% of CQQQ) are unique to CQQQ.