FV vs QQQ: Holdings Overlap
FVFirst Trust Dorsey Wright Focus 5 ETF
First Trust · 5 holdings · $3.8B · as of 2026-03-31
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
How similar are FV and QQQ?
First Trust Dorsey Wright Focus 5 ETF (FV, by First Trust) holds 5 positions; Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101. They have 0 holdings in common, and by portfolio weight the two funds are 0.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 0FV holds 5 · QQQ holds 101
- Weight in Shared Holdings
- FV 0%·QQQ 0%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 FV
5 of 5 positions (100.0% of the fund) are not held by QQQ.
- First Trust NYSE Arca Biotechnology Index Fund20.99%
- First Trust Energy AlphaDEX Fund20.08%
- First Trust Nasdaq Transportation ETF19.99%
- First Trust Indxx Aerospace & Defense ETF19.61%
- First Trust Nasdaq Semiconductor ETF19.33%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FV | +1.2% | +15.6% | +20.8% | +15.3% | +9.5% | +12.8% | 0.50% |
| 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 FV vs QQQ →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do FV and QQQ overlap?
FV and QQQ overlap by 0.0% of portfolio weight. They share 0 holdings (FV holds 5 positions and QQQ holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FV and QQQ?
The two portfolios are 0.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What does FV own that QQQ doesn't?
5 positions (100.0% of FV) are unique to FV, led by First Trust NYSE Arca Biotechnology Index Fund, First Trust Energy AlphaDEX Fund and First Trust Nasdaq Transportation ETF. In the other direction, 101 positions (99.9% of QQQ) are unique to QQQ.