DFAE vs QQQ: Holdings Overlap
DFAEDimensional Emerging Core Equity Market ETF
Dimensional · 6342 holdings · $9.5B · as of 2026-04-30
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
Holdings snapshots are 30 days apart (DFAE: 2026-04-30, 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 DFAE and QQQ?
Dimensional Emerging Core Equity Market ETF (DFAE, by Dimensional) holds 6342 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
- 1DFAE holds 6342 · QQQ holds 101
- Weight in Shared Holdings
- DFAE 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 DFAE
6341 of 6342 positions (99.7% of the fund) are not held by QQQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | DFAE | QQQ |
|---|---|---|
| Information Technology | 28.8% | 49.7% |
| Communication Services | 4.7% | 16.0% |
| Consumer Discretionary | 5.6% | 12.6% |
| Financials | 10.5% | 0.2% |
| Consumer Staples | 1.3% | 8.5% |
| Other Sectors | 10.3% | 12.8% |
| Unclassified | 39.1% | 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 (39% of DFAE, 0% of QQQ).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DFAE | +0.3% | +20.0% | +33.0% | +20.1% | +9.2% | — | 1.80% |
| 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 DFAE vs QQQ →
Shared Holdings(1)
 PDDPDD Holdings Inc. SPONSORED ADS | 0.52% | 0.39% | 0.39% |
|---|
Frequently Asked Questions
How much do DFAE and QQQ overlap?
DFAE and QQQ overlap by 0.4% of portfolio weight. They share 1 holdings (DFAE holds 6342 positions and QQQ holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DFAE 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 DFAE 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 DFAE own that QQQ doesn't?
6341 positions (99.7% of DFAE) are unique to DFAE, led by TSMWF, 005930 and 000660. In the other direction, 100 positions (99.5% of QQQ) are unique to QQQ.