FTEC vs QQQ: Holdings Overlap
FTECFidelity MSCI Information Technology Index ETF
Fidelity · 282 holdings · $19.9B · 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 (FTEC: 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 FTEC and QQQ?
Fidelity MSCI Information Technology Index ETF (FTEC, by Fidelity) holds 282 positions; Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101. They have 37 holdings in common, and by portfolio weight the two funds are 47.5% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 47.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 37FTEC holds 282 · QQQ holds 101
- Weight in Shared Holdings
- FTEC 73%·QQQ 49%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 FTEC
245 of 282 positions (26.8% of the fund) are not held by QQQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | FTEC | QQQ |
|---|---|---|
| Information Technology | 99.2% | 49.7% |
| Communication Services | 0.5% | 16.0% |
| Consumer Discretionary | 0.1% | 12.6% |
| Consumer Staples | 0.0% | 8.5% |
| Health Care | 0.0% | 5.1% |
| Other Sectors | 0.1% | 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 |
|---|---|---|---|---|---|---|---|
| FTEC | +6.4% | +29.3% | +41.1% | +31.8% | +19.5% | +24.4% | 0.35% |
| 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 FTEC vs QQQ →
Shared Holdings(37)
The top 10 shared positions account for 74% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. | 17.97% | 8.68% | 8.68% |
|---|---|---|---|
 AAPLApple Inc. | 14.36% | 7.63% | 7.63% |
 MSFTMicrosoft Corp. | 9.53% | 5.63% | 5.63% |
 AVGOBroadcom Inc. | 5.01% | 3.01% | 3.01% |
 MUMicron Technology, Inc. | 2.63% | 2.15% | 2.15% |
 AMDAdvanced Micro Devices, Inc. | 2.59% | 1.88% | 1.88% |
 CSCOCisco Systems, Inc. | 1.66% | 1.73% | 1.66% |
 LRCXLam Research Corp. | 1.49% | 1.51% | 1.49% |
 AMATApplied Materials, Inc. | 1.44% | 1.53% | 1.44% |
 PLTRPalantir Technologies Inc., Class A | 1.40% | 1.90% | 1.40% |
 INTCIntel Corp. | 1.99% | 1.25% | 1.25% |
 KLACKLA Corp. | 1.09% | 1.09% | 1.09% |
 TXNTexas Instruments Inc. | 1.20% | 1.00% | 1.00% |
 ADIAnalog Devices, Inc. | 0.94% | 0.88% | 0.88% |
 QCOMQUALCOMM Inc. | 0.92% | 0.78% | 0.78% |
 PANWPalo Alto Networks, Inc. | 0.69% | 0.74% | 0.69% |
 CRWDCrowdStrike Holdings, Inc., Class A | 0.55% | 0.56% | 0.55% |
 WDCWestern Digital Corp. | 0.76% | 0.52% | 0.52% |
 APPAppLovin Corp., Class A | 0.51% | 0.69% | 0.51% |
 INTUIntuit Inc. | 0.51% | 0.68% | 0.51% |
 ADBEAdobe Inc. | 0.50% | 0.56% | 0.50% |
 MRVLMarvell Technology, Inc. | 0.75% | 0.49% | 0.49% |
 STXSeagate Technology Holdings PLC | 0.76% | 0.48% | 0.48% |
 CDNSCadence Design Systems, Inc. | 0.45% | 0.43% | 0.43% |
 SNPSSynopsys, Inc. | 0.45% | 0.43% | 0.43% |
Frequently Asked Questions
How much do FTEC and QQQ overlap?
FTEC and QQQ overlap by 47.5% of portfolio weight. They share 37 holdings (FTEC holds 282 positions and QQQ holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FTEC and QQQ?
The two portfolios are 47.5% 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 FTEC and QQQ?
The largest positions held by both funds are NVDA, AAPL, MSFT, AVGO and MU. Together the top 10 shared positions account for 74% of the total overlap.
What does FTEC own that QQQ doesn't?
245 positions (26.8% of FTEC) are unique to FTEC, led by ORCL, IBM and ANET. In the other direction, 64 positions (51.1% of QQQ) are unique to QQQ.