CQQQ vs DFEM: Holdings Overlap
CQQQInvesco China Technology ETF
Invesco · 173 holdings · $3.2B · as of 2026-04-30
DFEMDimensional Emerging Markets Core Equity 2 ETF
Dimensional · 6579 holdings · $9.0B · as of 2026-04-30
How similar are CQQQ and DFEM?
Invesco China Technology ETF (CQQQ, by Invesco) holds 173 positions; Dimensional Emerging Markets Core Equity 2 ETF (DFEM, by Dimensional) holds 6579. They have 125 holdings in common, and by portfolio weight the two funds are 3.7% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 125CQQQ holds 173 · DFEM holds 6579
- Weight in Shared Holdings
- CQQQ 73%·DFEM 4%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 CQQQ
48 of 173 positions (26.9% of the fund) are not held by DFEM. Showing the top 30 by weight.
Only in DFEM
6454 of 6579 positions (96.5% of the fund) are not held by CQQQ. Showing the top 30 by weight.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| CQQQ | -1.6% | +2.1% | +13.8% | +8.9% | -4.9% | +4.7% | 2.12% |
| DFEM | +0.2% | +19.5% | +31.4% | +19.8% | — | — | 1.89% |
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 CQQQ vs DFEM →
Shared Holdings(125)
The top 10 shared positions account for 90% of the overlap, led by 700, PDD and 3690.
 700Tencent Holdings Ltd. | 8.41% | 1.95% | 1.95% |
|---|---|---|---|
 PDDPDD Holdings Inc. SPONSORED ADS | 8.48% | 0.51% | 0.51% |
 3690Meituan, B Shares | 8.59% | 0.29% | 0.29% |
 1024Kuaishou Technology | 4.28% | 0.18% | 0.18% |
 9698GDS Holdings Ltd., A Shares | 1.52% | 0.10% | 0.10% |
 2382Sunny Optical Technology (Group) Co. Ltd. | 1.91% | 0.09% | 0.09% |
 1888Kingboard Laminates Holdings Ltd. | 1.45% | 0.07% | 0.07% |
 9626Bilibili Inc., Z Shares | 2.20% | 0.05% | 0.05% |
 C2XChina Literature Ltd. | 0.45% | 0.03% | 0.03% |
 TMETencent Music Entertainment Group, ADR | 1.58% | 0.02% | 0.02% |
 TVLTravelSky Technology Ltd., H Shares | 0.40% | 0.02% | 0.02% |
 1PCLegend Holdings Corp., H Shares | 0.23% | 0.02% | 0.02% |
 000725BOE Technology Group Co., Ltd., A Shares | 0.53% | 0.01% | 0.01% |
 300476Victory Giant Technology (HuiZhou) Co., Ltd. | 1.03% | 0.01% | 0.01% |
 002463WUS Printed Circuit (Kunshan) Co., Ltd., A Shares | 0.71% | 0.01% | 0.01% |
 002371NAURA Technology Group Co., Ltd., A Shares | 1.39% | 0.01% | 0.01% |
 FUDShanghai Fudan Microelectronics Group Co. Ltd., H Shares | 0.50% | 0.01% | 0.01% |
 002916Shennan Circuits Co., Ltd., A Shares | 0.75% | 0.01% | 0.01% |
 300433Lens Technology Co., Ltd., A Shares | 0.46% | 0.01% | 0.01% |
 002938Avary Holding (Shenzhen) Co., Ltd., A Shares | 0.60% | 0.01% | 0.01% |
 268Kingdee International Software Group Co. Ltd. | 1.10% | 0.01% | 0.01% |
 000100TCL Technology Group Corp., A Shares | 0.32% | 0.01% | 0.01% |
 000158Shijiazhuang ChangShan BeiMing Technology Co., Ltd., A Shares | 0.10% | 0.01% | 0.01% |
 601179China XD Electric Co., Ltd., A Shares | 0.31% | 0.01% | 0.01% |
 002156Tongfu Microelectronics Co., Ltd., A Shares | 0.28% | 0.01% | 0.01% |
Frequently Asked Questions
How much do CQQQ and DFEM overlap?
CQQQ and DFEM overlap by 3.7% of portfolio weight. They share 125 holdings (CQQQ holds 173 positions and DFEM holds 6579), based on each fund's latest SEC-reported holdings.
Is it redundant to own both CQQQ and DFEM?
The two portfolios are 3.7% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of CQQQ and DFEM?
The largest positions held by both funds are 700, PDD, 3690, 1024 and 9698. Together the top 10 shared positions account for 90% of the total overlap.
What does CQQQ own that DFEM doesn't?
48 positions (26.9% of CQQQ) are unique to CQQQ, led by 9888, 1347 and 9660. In the other direction, 6454 positions (96.5% of DFEM) are unique to DFEM.