DBEF vs QQQ: Holdings Overlap
DBEFXtrackers MSCI EAFE Hedged Equity ETF
Xtrackers (DWS) · 676 holdings · $9.3B · as of 2026-05-29
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
Holdings snapshots are 59 days apart (DBEF: 2026-05-29, 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 DBEF and QQQ?
Xtrackers MSCI EAFE Hedged Equity ETF (DBEF, by Xtrackers (DWS)) holds 676 positions; Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101. They have 2 holdings in common, and by portfolio weight the two funds are 0.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2DBEF holds 676 · QQQ holds 101
- Weight in Shared Holdings
- DBEF 0%·QQQ 1%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 DBEF
674 of 676 positions (96.9% of the fund) are not held by QQQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | DBEF | QQQ |
|---|---|---|
| Information Technology | 10.2% | 49.7% |
| Financials | 23.0% | 0.2% |
| Industrials | 17.6% | 4.2% |
| Communication Services | 4.1% | 16.0% |
| Consumer Discretionary | 6.5% | 12.6% |
| Other Sectors | 30.1% | 17.2% |
| Unclassified | 5.6% | 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 (6% of DBEF, 0% of QQQ).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DBEF | +2.8% | +16.9% | +29.3% | +19.7% | +14.0% | +12.5% | 2.22% |
| 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 DBEF vs QQQ →
Shared Holdings(2)
Frequently Asked Questions
How much do DBEF and QQQ overlap?
DBEF and QQQ overlap by 0.2% of portfolio weight. They share 2 holdings (DBEF holds 676 positions and QQQ holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DBEF and QQQ?
The two portfolios are 0.2% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of DBEF and QQQ?
The largest positions held by both funds are FER and CCEP. Together the top 2 shared positions account for 100% of the total overlap.
What does DBEF own that QQQ doesn't?
674 positions (96.9% of DBEF) are unique to DBEF, led by ASML, HSBA and ROP. In the other direction, 99 positions (99.4% of QQQ) are unique to QQQ.