IGV vs QQEW: Holdings Overlap
IGViShares Expanded Tech-Software Sector ETF
iShares · 112 holdings · $14.7B · as of 2026-03-31
QQEWFirst Trust Nasdaq-100 Select Equal Weight ETF
First Trust · 51 holdings · $1.8B · as of 2026-03-31
How similar are IGV and QQEW?
iShares Expanded Tech-Software Sector ETF (IGV, by iShares) holds 112 positions; First Trust Nasdaq-100 Select Equal Weight ETF (QQEW, by First Trust) holds 51. They have 17 holdings in common, and by portfolio weight the two funds are 29.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 29.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 17IGV holds 112 · QQEW holds 51
- Weight in Shared Holdings
- IGV 59%·QQEW 33%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 IGV
95 of 112 positions (41.1% of the fund) are not held by QQEW. Showing the top 30 by weight.
Only in QQEW
34 of 51 positions (66.5% of the fund) are not held by IGV. Showing the top 30 by weight.
Sector Breakdown
| Sector | IGV | QQEW |
|---|---|---|
| Information Technology | 90.6% | 49.6% |
| Health Care | 0.0% | 16.3% |
| Consumer Discretionary | 0.2% | 12.4% |
| Communication Services | 8.2% | 10.0% |
| Industrials | 0.2% | 7.7% |
| Other Sectors | 0.2% | 3.9% |
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 |
|---|---|---|---|---|---|---|---|
| IGV | +9.1% | -2.8% | -6.3% | +13.8% | +4.6% | +16.7% | 0.02% |
| QQEW | +2.5% | +14.0% | +19.6% | +14.5% | +7.7% | +14.2% | 0.20% |
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 IGV vs QQEW →
Shared Holdings(17)
The top 10 shared positions account for 68% of the overlap, led by FTNT, PANW and ADBE.
 FTNTFortinet Inc COM | 2.21% | 2.05% | 2.05% |
|---|---|---|---|
 PANWPalo Alto Networks Inc COM | 5.48% | 2.01% | 2.01% |
 ADBEAdobe Inc COM | 4.27% | 2.00% | 2.00% |
 CDNSCadence Design Systems, Inc. COM | 3.24% | 2.00% | 2.00% |
 PLTRPalantir Technologies, Inc., Class A | 8.82% | 1.98% | 1.98% |
 MSFTMicrosoft Corp. COM | 8.36% | 1.98% | 1.98% |
 ADSKAutodesk Inc COM | 2.17% | 1.97% | 1.97% |
 EAElectronic Arts Inc. COM | 1.97% | 2.08% | 1.97% |
 CRWDCrowdstrike Holdings, Inc., Class A | 4.21% | 1.95% | 1.95% |
 INTUIntuit Inc COM | 4.75% | 1.94% | 1.94% |
 SNPSSynopsys Inc COM | 3.25% | 1.93% | 1.93% |
 APPAppLovin Corp., Class A | 4.56% | 1.84% | 1.84% |
 DDOGDatadog, Inc., Class A | 1.66% | 1.93% | 1.66% |
 ROPRoper Technologies Inc COM | 1.61% | 2.04% | 1.61% |
 WDAYWorkday, Inc., Class A | 1.18% | 1.95% | 1.18% |
 ZSZscaler Inc COM | 0.61% | 1.89% | 0.61% |
 TEAMAtlassian Corporation CL A | 0.50% | 1.89% | 0.50% |
Frequently Asked Questions
How much do IGV and QQEW overlap?
IGV and QQEW overlap by 29.2% of portfolio weight. They share 17 holdings (IGV holds 112 positions and QQEW holds 51), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IGV and QQEW?
The two portfolios are 29.2% 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 IGV and QQEW?
The largest positions held by both funds are FTNT, PANW, ADBE, CDNS and PLTR. Together the top 10 shared positions account for 68% of the total overlap.
What does IGV own that QQEW doesn't?
95 positions (41.1% of IGV) are unique to IGV, led by ORCL, CRM and NOW. In the other direction, 34 positions (66.5% of QQEW) are unique to QQEW.