FDIS vs QQQ: Holdings Overlap
FDISFidelity MSCI Consumer Discretionary Index ETF
Fidelity · 248 holdings · $1.7B · 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 (FDIS: 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 FDIS and QQQ?
Fidelity MSCI Consumer Discretionary Index ETF (FDIS, by Fidelity) holds 248 positions; Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101. They have 10 holdings in common, and by portfolio weight the two funds are 12.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 12.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 10FDIS holds 248 · QQQ holds 101
- Weight in Shared Holdings
- FDIS 55%·QQQ 12%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 FDIS
238 of 248 positions (44.9% of the fund) are not held by QQQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | FDIS | QQQ |
|---|---|---|
| Consumer Discretionary | 99.5% | 12.6% |
| Information Technology | 0.0% | 49.7% |
| Communication Services | 0.0% | 16.0% |
| Consumer Staples | 0.0% | 8.5% |
| Health Care | 0.0% | 5.1% |
| Other Sectors | 0.3% | 8.0% |
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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FDIS | +1.8% | +2.9% | +9.4% | +12.3% | +5.9% | +13.7% | 0.71% |
| 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 FDIS vs QQQ →
Shared Holdings(10)
The top 10 shared positions account for 100% of the overlap, led by AMZN, TSLA and BKNG.
 AMZNAmazon.com, Inc. | 28.80% | 4.58% | 4.58% |
|---|---|---|---|
 TSLATesla, Inc. | 15.51% | 3.80% | 3.80% |
 BKNGBooking Holdings Inc. | 2.03% | 0.75% | 0.75% |
 SBUXStarbucks Corp. | 1.78% | 0.58% | 0.58% |
 MELIMercadoLibre, Inc. | 1.22% | 0.50% | 0.50% |
 MARMarriott International, Inc., Class A | 1.25% | 0.49% | 0.49% |
 ORLYO'Reilly Automotive, Inc. | 1.28% | 0.44% | 0.44% |
 ROSTRoss Stores, Inc. | 1.13% | 0.40% | 0.40% |
 DASHDoorDash, Inc., Class A | 0.97% | 0.35% | 0.35% |
 ABNBAirbnb, Inc., Class A | 0.93% | 0.30% | 0.30% |
Frequently Asked Questions
How much do FDIS and QQQ overlap?
FDIS and QQQ overlap by 12.2% of portfolio weight. They share 10 holdings (FDIS holds 248 positions and QQQ holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FDIS and QQQ?
The two portfolios are 12.2% 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 FDIS and QQQ?
The largest positions held by both funds are AMZN, TSLA, BKNG, SBUX and MELI. Together the top 10 shared positions account for 100% of the total overlap.
What does FDIS own that QQQ doesn't?
238 positions (44.9% of FDIS) are unique to FDIS, led by HD, MCD and TJX. In the other direction, 91 positions (87.7% of QQQ) are unique to QQQ.