DSTL vs QQQ: Holdings Overlap
DSTLDistillate U.S. Fundamental Stability & Value ETF
Distillate Capital · 100 holdings · $2.0B · as of 2026-03-31
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
How similar are DSTL and QQQ?
Distillate U.S. Fundamental Stability & Value ETF (DSTL, by Distillate Capital) holds 100 positions; Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101. They have 16 holdings in common, and by portfolio weight the two funds are 7.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 16DSTL holds 100 · QQQ holds 101
- Weight in Shared Holdings
- DSTL 20%·QQQ 7%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 DSTL
84 of 100 positions (79.5% of the fund) are not held by QQQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | DSTL | QQQ |
|---|---|---|
| Information Technology | 21.2% | 49.7% |
| Health Care | 20.8% | 5.1% |
| Industrials | 18.9% | 4.2% |
| Communication Services | 7.1% | 16.0% |
| Consumer Discretionary | 9.8% | 12.6% |
| Other Sectors | 21.1% | 12.4% |
| Unclassified | 0.9% | 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 (1% of DSTL, 0% of QQQ).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DSTL | +7.8% | +15.1% | +24.2% | +14.4% | +11.2% | — | 1.10% |
| 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 DSTL vs QQQ →
Shared Holdings(16)
The top 10 shared positions account for 83% of the overlap, led by TMUS, QCOM and BKNG.
 TMUST-Mobile US, Inc. | 1.95% | 1.31% | 1.31% |
|---|---|---|---|
 QCOMQUALCOMM Inc. | 1.71% | 0.78% | 0.78% |
 BKNGBooking Holdings Inc. | 1.78% | 0.75% | 0.75% |
 CMCSAComcast Corp., Class A | 1.81% | 0.58% | 0.58% |
 ADBEAdobe Inc. | 1.63% | 0.56% | 0.56% |
 ADPAutomatic Data Processing, Inc. | 1.21% | 0.46% | 0.46% |
 REGNRegeneron Pharmaceuticals, Inc. | 1.17% | 0.45% | 0.45% |
 DASHDoorDash, Inc., Class A | 0.95% | 0.35% | 0.35% |
 PCARPACCAR Inc. | 1.08% | 0.34% | 0.34% |
 FANGDiamondback Energy, Inc. | 1.24% | 0.32% | 0.32% |
 ABNBAirbnb, Inc., Class A | 0.88% | 0.30% | 0.30% |
 PYPLPayPal Holdings, Inc. | 1.27% | 0.24% | 0.24% |
 ROPRoper Technologies, Inc. | 1.00% | 0.21% | 0.21% |
 PAYXPaychex, Inc. | 0.74% | 0.19% | 0.19% |
 CTSHCognizant Technology Solutions Corp., Class A | 1.01% | 0.17% | 0.17% |
 WDAYWorkday, Inc., Class A | 0.90% | 0.16% | 0.16% |
Frequently Asked Questions
How much do DSTL and QQQ overlap?
DSTL and QQQ overlap by 7.2% of portfolio weight. They share 16 holdings (DSTL holds 100 positions and QQQ holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DSTL and QQQ?
The two portfolios are 7.2% 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 DSTL and QQQ?
The largest positions held by both funds are TMUS, QCOM, BKNG, CMCSA and ADBE. Together the top 10 shared positions account for 83% of the total overlap.
What does DSTL own that QQQ doesn't?
84 positions (79.5% of DSTL) are unique to DSTL, led by ABBV, MRK and CRM. In the other direction, 85 positions (92.7% of QQQ) are unique to QQQ.