DGRO vs QQQ: Holdings Overlap
DGROiShares Core Dividend Growth ETF
iShares · 394 holdings · $43.4B · 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 (DGRO: 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 DGRO and QQQ?
iShares Core Dividend Growth ETF (DGRO, by iShares) holds 394 positions; Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101. They have 35 holdings in common, and by portfolio weight the two funds are 22.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 22.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 35DGRO holds 394 · QQQ holds 101
- Weight in Shared Holdings
- DGRO 24%·QQQ 41%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 DGRO
359 of 394 positions (75.5% of the fund) are not held by QQQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | DGRO | QQQ |
|---|---|---|
| Information Technology | 18.5% | 49.7% |
| Financials | 21.1% | 0.2% |
| Health Care | 16.4% | 5.1% |
| Communication Services | 0.1% | 16.0% |
| Consumer Discretionary | 5.6% | 12.6% |
| Other Sectors | 38.0% | 16.3% |
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 |
|---|---|---|---|---|---|---|---|
| DGRO | +2.4% | +15.5% | +25.2% | +17.4% | +11.3% | +13.6% | 1.86% |
| 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 DGRO vs QQQ →
Shared Holdings(35)
The top 10 shared positions account for 71% of the overlap, led by AVGO, AAPL and MSFT.
 AVGOBroadcom Inc COM | 3.25% | 3.01% | 3.01% |
|---|---|---|---|
 AAPLApple Inc. COM | 2.93% | 7.63% | 2.93% |
 MSFTMicrosoft Corp. COM | 2.91% | 5.63% | 2.91% |
 CSCOCisco Systems, Inc. COM | 1.73% | 1.73% | 1.73% |
 PEPPepsico Inc COM | 1.70% | 1.20% | 1.20% |
 AMGNAmgen Inc. COM | 1.11% | 1.07% | 1.07% |
 WMTWalmart Inc COM | 0.95% | 3.43% | 0.95% |
 GILDGilead Sciences Inc. COM | 0.78% | 0.98% | 0.78% |
 QCOMQUALCOMM Inc. COM | 1.10% | 0.78% | 0.78% |
 LINLinde PLC COM EUR0.001 | 0.64% | 1.30% | 0.64% |
 HONHoneywell International Inc. COM | 0.61% | 0.81% | 0.61% |
 ADIAnalog Devices Inc. COM | 0.54% | 0.88% | 0.54% |
 COSTCostco Wholesale Corporation COM | 0.52% | 2.50% | 0.52% |
 ADPAutomatic Data Processing, Inc. COM | 0.58% | 0.46% | 0.46% |
 MDLZMondelez International, Inc., Class A | 0.61% | 0.42% | 0.42% |
 AEPAmerican Electric Power Co, Inc. COM | 0.45% | 0.40% | 0.40% |
 AMATApplied Materials Inc. COM | 0.38% | 1.53% | 0.38% |
 LRCXLam Research Corporation COM NEW | 0.35% | 1.51% | 0.35% |
 NXPINXP Semiconductors NV EUR0.20 | 0.31% | 0.28% | 0.28% |
 XELXcel Energy Inc COM | 0.30% | 0.28% | 0.28% |
 KLACKLA Corp. COM NEW | 0.27% | 1.09% | 0.27% |
 CSXCSX Corporation COM | 0.26% | 0.43% | 0.26% |
 INTUIntuit Inc COM | 0.24% | 0.68% | 0.24% |
 FASTFastenal Co. COM | 0.23% | 0.30% | 0.23% |
 KDPKeurig Dr Pepper Inc COM | 0.26% | 0.20% | 0.20% |
Frequently Asked Questions
How much do DGRO and QQQ overlap?
DGRO and QQQ overlap by 22.6% of portfolio weight. They share 35 holdings (DGRO holds 394 positions and QQQ holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DGRO and QQQ?
The two portfolios are 22.6% 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 DGRO and QQQ?
The largest positions held by both funds are AVGO, AAPL, MSFT, CSCO and PEP. Together the top 10 shared positions account for 71% of the total overlap.
What does DGRO own that QQQ doesn't?
359 positions (75.5% of DGRO) are unique to DGRO, led by JPM, XOM and JNJ. In the other direction, 66 positions (58.6% of QQQ) are unique to QQQ.