CQQQ vs VEU: Holdings Overlap
CQQQInvesco China Technology ETF
Invesco · 173 holdings · $3.2B · as of 2026-04-30
VEUVanguard FTSE All-world Ex-us Index Fund
Vanguard · 3855 holdings · $69.8B · as of 2026-04-30
How similar are CQQQ and VEU?
Invesco China Technology ETF (CQQQ, by Invesco) holds 173 positions; Vanguard FTSE All-world Ex-us Index Fund (VEU, by Vanguard) holds 3855. They have 173 holdings in common, and by portfolio weight the two funds are 1.9% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 173CQQQ holds 173 · VEU holds 3855
- Weight in Shared Holdings
- CQQQ 100%·VEU 2%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
Every position in CQQQ is also held by VEU, so it brings nothing the other fund doesn’t already own.
Only in VEU
3682 of 3855 positions (97.0% of the fund) are not held by CQQQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | CQQQ | VEU |
|---|---|---|
| Information Technology | 28.3% | 16.2% |
| Communication Services | 23.3% | 3.7% |
| Financials | 0.0% | 20.0% |
| Consumer Discretionary | 17.1% | 6.1% |
| Industrials | 0.0% | 11.7% |
| Other Sectors | 0.0% | 23.8% |
| Unclassified | 31.3% | 17.4% |
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 (31% of CQQQ, 18% of VEU).
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% |
| VEU | +2.8% | +16.6% | +28.4% | +19.2% | +9.6% | +9.9% | 2.48% |
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 VEU →
Shared Holdings(173)
The top 10 shared positions account for 81% of the overlap, led by 700, PDD and 3690.
 700Tencent Holdings Ltd. | 8.41% | 0.96% | 0.96% |
|---|---|---|---|
 PDDPDD Holdings Inc. SPONSORED ADS | 8.48% | 0.19% | 0.19% |
 3690Meituan, B Shares | 8.59% | 0.15% | 0.15% |
 9888Baidu, Inc., A Shares | 6.85% | 0.09% | 0.09% |
 1024Kuaishou Technology | 4.28% | 0.04% | 0.04% |
 1347Hua Hong Semiconductor Ltd. | 3.63% | 0.03% | 0.03% |
 9660Horizon Robotics | 2.98% | 0.02% | 0.02% |
 688256Cambricon Technologies Corp. Ltd. | 2.59% | 0.02% | 0.02% |
 20SenseTime Group Inc., B Shares | 2.58% | 0.02% | 0.02% |
 688041Hygon Information Technology Co., Ltd., A Shares | 2.50% | 0.02% | 0.02% |
 9626Bilibili Inc., Z Shares | 2.20% | 0.02% | 0.02% |
 2382Sunny Optical Technology (Group) Co. Ltd. | 1.91% | 0.01% | 0.01% |
 TMETencent Music Entertainment Group, ADR | 1.58% | 0.01% | 0.01% |
 9698GDS Holdings Ltd., A Shares | 1.52% | 0.01% | 0.01% |
 1888Kingboard Laminates Holdings Ltd. | 1.45% | 0.01% | 0.01% |
 002371NAURA Technology Group Co., Ltd., A Shares | 1.39% | 0.01% | 0.01% |
 268Kingdee International Software Group Co. Ltd. | 1.10% | 0.01% | 0.01% |
 3888Kingsoft Corp. Ltd. | 1.03% | 0.01% | 0.01% |
 300476Victory Giant Technology (HuiZhou) Co., Ltd. | 1.03% | 0.01% | 0.01% |
 2577InnoScience (Suzhou) Technology Holding Co., Ltd. | 0.85% | 0.01% | 0.01% |
 688012Advanced Micro-Fabrication Equipment Inc., A Shares | 0.85% | 0.01% | 0.01% |
 002916Shennan Circuits Co., Ltd., A Shares | 0.75% | 0.01% | 0.01% |
 603986GigaDevice Semiconductor Inc., A Shares | 0.75% | 0.01% | 0.01% |
 688008Montage Technology Co., Ltd., A Shares | 0.72% | 0.01% | 0.01% |
 002463WUS Printed Circuit (Kunshan) Co., Ltd., A Shares | 0.71% | 0.01% | 0.01% |
Frequently Asked Questions
How much do CQQQ and VEU overlap?
CQQQ and VEU overlap by 1.9% of portfolio weight. They share 173 holdings (CQQQ holds 173 positions and VEU holds 3855), based on each fund's latest SEC-reported holdings.
Is it redundant to own both CQQQ and VEU?
The two portfolios are 1.9% 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 VEU?
The largest positions held by both funds are 700, PDD, 3690, 9888 and 1024. Together the top 10 shared positions account for 81% of the total overlap.
What does CQQQ own that VEU doesn't?
Nothing. Every position in CQQQ is also held by VEU. In the other direction, 3682 positions (97.0% of VEU) are unique to VEU.