AVEM vs QQQ: Holdings Overlap
AVEMAvantis Emerging Markets Equity ETF
Avantis · 3893 holdings · $25.8B · as of 2026-05-31
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
Holdings snapshots are 61 days apart (AVEM: 2026-05-31, 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 AVEM and QQQ?
Avantis Emerging Markets Equity ETF (AVEM, by Avantis) holds 3893 positions; Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101. They have 1 holdings in common, and by portfolio weight the two funds are 0.4% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1AVEM holds 3893 · QQQ holds 101
- Weight in Shared Holdings
- AVEM 1%·QQQ 0%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
3892 of 3893 positions (99.3% of the fund) are not held by QQQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | AVEM | QQQ |
|---|---|---|
| Information Technology | 33.8% | 49.7% |
| Communication Services | 3.1% | 16.0% |
| Consumer Discretionary | 5.1% | 12.6% |
| Financials | 10.7% | 0.2% |
| Consumer Staples | 0.8% | 8.5% |
| Other Sectors | 9.9% | 12.8% |
| Unclassified | 36.5% | 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 (37% of AVEM, 0% of QQQ).
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% |
| 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 AVEM vs QQQ →
Shared Holdings(1)
 PDDPDD Holdings Inc., ADR | 0.70% | 0.39% | 0.39% |
|---|
Frequently Asked Questions
How much do AVEM and QQQ overlap?
AVEM and QQQ overlap by 0.4% of portfolio weight. They share 1 holdings (AVEM holds 3893 positions and QQQ holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVEM and QQQ?
The two portfolios are 0.4% 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 QQQ?
The largest positions held by both funds are PDD. Together the top 1 shared positions account for 99% of the total overlap.
What does AVEM own that QQQ doesn't?
3892 positions (99.3% of AVEM) are unique to AVEM, led by 000660, TSM and SMSNRUB. In the other direction, 100 positions (99.5% of QQQ) are unique to QQQ.