DYNF vs QQQ: Holdings Overlap
DYNFiShares U.S. Equity Factor Rotation Active ETF
iShares · 187 holdings · $38.6B · 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 (DYNF: 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 DYNF and QQQ?
iShares U.S. Equity Factor Rotation Active ETF (DYNF, by iShares) holds 187 positions; Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101. They have 39 holdings in common, and by portfolio weight the two funds are 53.0% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 53.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 39DYNF holds 187 · QQQ holds 101
- Weight in Shared Holdings
- DYNF 56%·QQQ 75%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 DYNF
148 of 187 positions (43.7% of the fund) are not held by QQQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | DYNF | QQQ |
|---|---|---|
| Information Technology | 39.3% | 49.7% |
| Financials | 16.1% | 0.2% |
| Communication Services | 11.6% | 16.0% |
| Consumer Discretionary | 7.6% | 12.6% |
| Industrials | 8.6% | 4.2% |
| Other Sectors | 16.2% | 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 |
|---|---|---|---|---|---|---|---|
| DYNF | +4.0% | +15.6% | +25.9% | +25.0% | +15.5% | — | 0.77% |
| 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 DYNF vs QQQ →
Shared Holdings(39)
The top 10 shared positions account for 75% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. | 8.57% | 8.68% | 8.57% |
|---|---|---|---|
 AAPLApple Inc. | 7.71% | 7.63% | 7.63% |
 MSFTMicrosoft Corp. | 5.32% | 5.63% | 5.32% |
 AMZNAmazon.com, Inc. | 4.40% | 4.58% | 4.40% |
 AVGOBroadcom Inc. | 3.24% | 3.01% | 3.01% |
 GOOGLAlphabet Inc., Class A | 2.85% | 3.43% | 2.85% |
 METAMeta Platforms, Inc., Class A | 2.48% | 3.46% | 2.48% |
 GOOGAlphabet Inc., Class C | 2.08% | 3.20% | 2.08% |
 CSCOCisco Systems, Inc. | 2.75% | 1.73% | 1.73% |
 TSLATesla, Inc. | 1.73% | 3.80% | 1.73% |
 LRCXLam Research Corp. | 2.69% | 1.51% | 1.51% |
 WMTWalmart Inc. | 1.42% | 3.43% | 1.42% |
 AMATApplied Materials, Inc. | 1.40% | 1.53% | 1.40% |
 MUMicron Technology, Inc. | 1.35% | 2.15% | 1.35% |
 NFLXNetflix, Inc. | 1.17% | 2.30% | 1.17% |
 PLTRPalantir Technologies Inc., Class A | 1.16% | 1.90% | 1.16% |
 AMDAdvanced Micro Devices, Inc. | 1.14% | 1.88% | 1.14% |
 BKNGBooking Holdings Inc. | 0.57% | 0.75% | 0.57% |
 WDCWestern Digital Corp. | 0.55% | 0.52% | 0.52% |
 COSTCostco Wholesale Corp. | 0.45% | 2.50% | 0.45% |
 GILDGilead Sciences, Inc. | 0.42% | 0.98% | 0.42% |
 ISRGIntuitive Surgical, Inc. | 0.32% | 0.93% | 0.32% |
 EAElectronic Arts Inc. | 0.44% | 0.29% | 0.29% |
 APPAppLovin Corp., Class A | 0.29% | 0.69% | 0.29% |
 STXSeagate Technology Holdings PLC | 0.24% | 0.48% | 0.24% |
Frequently Asked Questions
How much do DYNF and QQQ overlap?
DYNF and QQQ overlap by 53.0% of portfolio weight. They share 39 holdings (DYNF holds 187 positions and QQQ holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DYNF and QQQ?
The two portfolios are 53.0% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of DYNF and QQQ?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and AVGO. Together the top 10 shared positions account for 75% of the total overlap.
What does DYNF own that QQQ doesn't?
148 positions (43.7% of DYNF) are unique to DYNF, led by JPM, BRK-B and XOM. In the other direction, 62 positions (25.3% of QQQ) are unique to QQQ.