DGRO vs QQQM: Holdings Overlap
DGROiShares Core Dividend Growth ETF
iShares · 394 holdings · $43.4B · as of 2026-04-30
Invesco · 101 holdings · $97.1B · as of 2026-05-31
Holdings snapshots are 31 days apart (DGRO: 2026-04-30, QQQM: 2026-05-31). 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 QQQM?
iShares Core Dividend Growth ETF (DGRO, by iShares) holds 394 positions; Invesco NASDAQ 100 ETF (QQQM, by Invesco) holds 101. They have 35 holdings in common, and by portfolio weight the two funds are 22.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 22.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 35DGRO holds 394 · QQQM holds 101
- Weight in Shared Holdings
- DGRO 24%·QQQM 38%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 QQQM. Showing the top 30 by weight.
Sector Breakdown
| Sector | DGRO | QQQM |
|---|---|---|
| Information Technology | 18.5% | 57.8% |
| Financials | 21.1% | 0.2% |
| Health Care | 16.4% | 3.7% |
| Communication Services | 0.1% | 14.2% |
| Consumer Staples | 11.5% | 6.4% |
| Other Sectors | 32.1% | 17.2% |
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% |
| QQQM | +1.9% | +18.0% | +27.7% | +25.3% | +15.2% | — | 0.44% |
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 QQQM →
Shared Holdings(35)
The top 10 shared positions account for 72% of the overlap, led by AVGO, AAPL and MSFT.
 AVGOBroadcom Inc COM | 3.25% | 3.36% | 3.25% |
|---|---|---|---|
 AAPLApple Inc. COM | 2.93% | 7.26% | 2.93% |
 MSFTMicrosoft Corp. COM | 2.91% | 5.30% | 2.91% |
 CSCOCisco Systems, Inc. COM | 1.73% | 2.08% | 1.73% |
 QCOMQUALCOMM Inc. COM | 1.10% | 1.17% | 1.10% |
 WMTWalmart Inc COM | 0.95% | 2.47% | 0.95% |
 PEPPepsico Inc COM | 1.70% | 0.86% | 0.86% |
 AMGNAmgen Inc. COM | 1.11% | 0.79% | 0.79% |
 GILDGilead Sciences Inc. COM | 0.78% | 0.73% | 0.73% |
 LINLinde PLC COM EUR0.001 | 0.64% | 1.01% | 0.64% |
 HONHoneywell International Inc. COM | 0.61% | 0.66% | 0.61% |
 ADIAnalog Devices Inc. COM | 0.54% | 0.88% | 0.54% |
 COSTCostco Wholesale Corporation COM | 0.52% | 1.86% | 0.52% |
 ADPAutomatic Data Processing, Inc. COM | 0.58% | 0.39% | 0.39% |
 AMATApplied Materials Inc. COM | 0.38% | 1.56% | 0.38% |
 LRCXLam Research Corporation COM NEW | 0.35% | 1.74% | 0.35% |
 MDLZMondelez International, Inc., Class A | 0.61% | 0.34% | 0.34% |
 NXPINXP Semiconductors NV EUR0.20 | 0.31% | 0.36% | 0.31% |
 AEPAmerican Electric Power Co, Inc. COM | 0.45% | 0.30% | 0.30% |
 KLACKLA Corp. COM NEW | 0.27% | 1.10% | 0.27% |
 CSXCSX Corporation COM | 0.26% | 0.37% | 0.26% |
 INTUIntuit Inc COM | 0.24% | 0.40% | 0.24% |
 MCHPMicrochip Technology Incorporated COM | 0.31% | 0.22% | 0.22% |
 FASTFastenal Co. COM | 0.23% | 0.22% | 0.22% |
 XELXcel Energy Inc COM | 0.30% | 0.22% | 0.22% |
Frequently Asked Questions
How much do DGRO and QQQM overlap?
DGRO and QQQM overlap by 22.2% of portfolio weight. They share 35 holdings (DGRO holds 394 positions and QQQM holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DGRO and QQQM?
The two portfolios are 22.2% 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 QQQM?
The largest positions held by both funds are AVGO, AAPL, MSFT, CSCO and QCOM. Together the top 10 shared positions account for 72% of the total overlap.
What does DGRO own that QQQM doesn't?
359 positions (75.5% of DGRO) are unique to DGRO, led by JPM, XOM and JNJ. In the other direction, 66 positions (61.7% of QQQM) are unique to QQQM.