AVLV vs QQQ: Holdings Overlap
AVLVAvantis U.S. Large Cap Value ETF
Avantis · 275 holdings · $17.9B · 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 (AVLV: 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 AVLV and QQQ?
Avantis U.S. Large Cap Value ETF (AVLV, by Avantis) holds 275 positions; Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101. They have 25 holdings in common, and by portfolio weight the two funds are 24.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 24.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 25AVLV holds 275 · QQQ holds 101
- Weight in Shared Holdings
- AVLV 30%·QQQ 49%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 AVLV
250 of 275 positions (69.5% of the fund) are not held by QQQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | AVLV | QQQ |
|---|---|---|
| Information Technology | 16.9% | 49.7% |
| Financials | 17.0% | 0.2% |
| Communication Services | 7.1% | 16.0% |
| Industrials | 15.8% | 4.2% |
| Consumer Discretionary | 15.0% | 12.6% |
| Other Sectors | 28.0% | 17.2% |
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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| AVLV | +3.1% | +24.5% | +37.4% | +20.9% | — | — | 1.04% |
| 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 AVLV vs QQQ →
Shared Holdings(25)
The top 10 shared positions account for 78% of the overlap, led by AMZN, AAPL and META.
 AMZNAmazon.com, Inc. | 3.17% | 4.58% | 3.17% |
|---|---|---|---|
 AAPLApple Inc. | 3.17% | 7.63% | 3.17% |
 METAMeta Platforms, Inc., Class A | 2.74% | 3.46% | 2.74% |
 MUMicron Technology, Inc. | 4.57% | 2.15% | 2.15% |
 COSTCostco Wholesale Corp. | 2.05% | 2.50% | 2.05% |
 MSFTMicrosoft Corp. | 1.63% | 5.63% | 1.63% |
 LRCXLam Research Corp. | 2.52% | 1.51% | 1.51% |
 AMATApplied Materials, Inc. | 1.06% | 1.53% | 1.06% |
 GILDGilead Sciences, Inc. | 1.29% | 0.98% | 0.98% |
 KLACKLA Corp. | 0.93% | 1.09% | 0.93% |
 NFLXNetflix, Inc. | 0.91% | 2.30% | 0.91% |
 WMTWalmart Inc. | 0.89% | 3.43% | 0.89% |
 TMUST-Mobile US, Inc. | 0.66% | 1.31% | 0.66% |
 CMCSAComcast Corp., Class A | 0.74% | 0.58% | 0.58% |
 QCOMQUALCOMM Inc. | 0.51% | 0.78% | 0.51% |
 CSXCSX Corp. | 1.05% | 0.43% | 0.43% |
 ROSTRoss Stores, Inc. | 1.05% | 0.40% | 0.40% |
 FANGDiamondback Energy, Inc. | 0.37% | 0.32% | 0.32% |
 ODFLOld Dominion Freight Line, Inc. | 0.41% | 0.23% | 0.23% |
 DXCMDexCom, Inc. | 0.32% | 0.14% | 0.14% |
 ADPAutomatic Data Processing, Inc. | 0.12% | 0.46% | 0.12% |
 PYPLPayPal Holdings, Inc. | 0.09% | 0.24% | 0.09% |
 GOOGLAlphabet Inc., Class A | 0.06% | 3.43% | 0.06% |
 GOOGAlphabet Inc., Class C | 0.01% | 3.20% | 0.01% |
 FASTFastenal Co. | 0.00% | 0.30% | 0.00% |
Frequently Asked Questions
How much do AVLV and QQQ overlap?
AVLV and QQQ overlap by 24.7% of portfolio weight. They share 25 holdings (AVLV holds 275 positions and QQQ holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both AVLV and QQQ?
The two portfolios are 24.7% 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 AVLV and QQQ?
The largest positions held by both funds are AMZN, AAPL, META, MU and COST. Together the top 10 shared positions account for 78% of the total overlap.
What does AVLV own that QQQ doesn't?
250 positions (69.5% of AVLV) are unique to AVLV, led by XOM, CAT and JPM. In the other direction, 76 positions (51.3% of QQQ) are unique to QQQ.