FIDU vs QQQ: Holdings Overlap
FIDUFidelity MSCI Industrials Index ETF
Fidelity · 359 holdings · $2.3B · 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 (FIDU: 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 FIDU and QQQ?
Fidelity MSCI Industrials Index ETF (FIDU, by Fidelity) holds 359 positions; Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101. They have 11 holdings in common, and by portfolio weight the two funds are 3.7% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 11FIDU holds 359 · QQQ holds 101
- Weight in Shared Holdings
- FIDU 9%·QQQ 4%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 FIDU
348 of 359 positions (90.7% of the fund) are not held by QQQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | FIDU | QQQ |
|---|---|---|
| Industrials | 99.5% | 4.2% |
| Information Technology | 0.3% | 49.7% |
| Communication Services | 0.0% | 16.0% |
| Consumer Discretionary | 0.0% | 12.6% |
| Consumer Staples | 0.0% | 8.5% |
| Other Sectors | 0.0% | 8.9% |
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 |
|---|---|---|---|---|---|---|---|
| FIDU | +1.6% | +20.2% | +25.0% | +20.8% | +14.0% | +14.2% | 0.91% |
| 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 FIDU vs QQQ →
Shared Holdings(11)
The top 10 shared positions account for 96% of the overlap, led by HON, ADP and CSX.
 HONHoneywell International Inc. | 1.95% | 0.81% | 0.81% |
|---|---|---|---|
 ADPAutomatic Data Processing, Inc. | 1.23% | 0.46% | 0.46% |
 CSXCSX Corp. | 1.21% | 0.43% | 0.43% |
 CTASCintas Corp. | 0.90% | 0.38% | 0.38% |
 PCARPACCAR Inc. | 0.89% | 0.34% | 0.34% |
 FASTFastenal Co. | 0.74% | 0.30% | 0.30% |
 ODFLOld Dominion Freight Line, Inc. | 0.57% | 0.23% | 0.23% |
 AXONAxon Enterprise, Inc. | 0.43% | 0.19% | 0.19% |
 PAYXPaychex, Inc. | 0.43% | 0.19% | 0.19% |
 CPRTCopart, Inc. | 0.44% | 0.18% | 0.18% |
 VRSKVerisk Analytics, Inc. | 0.37% | 0.15% | 0.15% |
Frequently Asked Questions
How much do FIDU and QQQ overlap?
FIDU and QQQ overlap by 3.7% of portfolio weight. They share 11 holdings (FIDU holds 359 positions and QQQ holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FIDU and QQQ?
The two portfolios are 3.7% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of FIDU and QQQ?
The largest positions held by both funds are HON, ADP, CSX, CTAS and PCAR. Together the top 10 shared positions account for 96% of the total overlap.
What does FIDU own that QQQ doesn't?
348 positions (90.7% of FIDU) are unique to FIDU, led by CAT, GE and GEV. In the other direction, 90 positions (96.2% of QQQ) are unique to QQQ.