IGV vs QTEC: Holdings Overlap
IGViShares Expanded Tech-Software Sector ETF
iShares · 112 holdings · $14.7B · as of 2026-03-31
QTECFirst Trust NASDAQ-100-Technology Sector Index Fund
First Trust · 45 holdings · $4.8B · as of 2026-03-31
How similar are IGV and QTEC?
iShares Expanded Tech-Software Sector ETF (IGV, by iShares) holds 112 positions; First Trust NASDAQ-100-Technology Sector Index Fund (QTEC, by First Trust) holds 45. They have 17 holdings in common, and by portfolio weight the two funds are 31.6% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 31.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 17IGV holds 112 · QTEC holds 45
- Weight in Shared Holdings
- IGV 59%·QTEC 38%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 (41.4% of the fund) are not held by QTEC. Showing the top 30 by weight.
Sector Breakdown
| Sector | IGV | QTEC |
|---|---|---|
| Information Technology | 90.6% | 86.5% |
| Communication Services | 8.2% | 6.5% |
| Consumer Discretionary | 0.2% | 4.7% |
| Industrials | 0.2% | 2.2% |
| Financials | 0.2% | 0.0% |
| Other Sectors | 0.0% | 0.0% |
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 |
|---|---|---|---|---|---|---|---|
| IGV | +9.1% | -2.8% | -6.3% | +13.8% | +4.6% | +16.7% | 0.02% |
| QTEC | +1.7% | +37.5% | +49.6% | +28.1% | +14.1% | +21.4% | 0.01% |
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 QTEC →
Shared Holdings(17)
The top 10 shared positions account for 70% of the overlap, led by PANW, ADBE and CDNS.
 PANWPalo Alto Networks Inc COM | 5.48% | 2.28% | 2.28% |
|---|---|---|---|
 ADBEAdobe Inc COM | 4.27% | 2.27% | 2.27% |
 CDNSCadence Design Systems, Inc. COM | 3.24% | 2.27% | 2.27% |
 PLTRPalantir Technologies, Inc., Class A | 8.82% | 2.25% | 2.25% |
 MSFTMicrosoft Corp. COM | 8.36% | 2.24% | 2.24% |
 CRWDCrowdstrike Holdings, Inc., Class A | 4.21% | 2.21% | 2.21% |
 FTNTFortinet Inc COM | 2.21% | 2.32% | 2.21% |
 INTUIntuit Inc COM | 4.75% | 2.20% | 2.20% |
 SNPSSynopsys Inc COM | 3.25% | 2.18% | 2.18% |
 ADSKAutodesk Inc COM | 2.17% | 2.24% | 2.17% |
 APPAppLovin Corp., Class A | 4.56% | 2.08% | 2.08% |
 MSTRStrategy, Inc., Class A | 1.67% | 2.13% | 1.67% |
 DDOGDatadog, Inc., Class A | 1.66% | 2.19% | 1.66% |
 ROPRoper Technologies Inc COM | 1.61% | 2.32% | 1.61% |
 WDAYWorkday, Inc., Class A | 1.18% | 2.21% | 1.18% |
 ZSZscaler Inc COM | 0.61% | 2.14% | 0.61% |
 TEAMAtlassian Corporation CL A | 0.50% | 2.14% | 0.50% |
Frequently Asked Questions
How much do IGV and QTEC overlap?
IGV and QTEC overlap by 31.6% of portfolio weight. They share 17 holdings (IGV holds 112 positions and QTEC holds 45), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IGV and QTEC?
The two portfolios are 31.6% 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 IGV and QTEC?
The largest positions held by both funds are PANW, ADBE, CDNS, PLTR and MSFT. Together the top 10 shared positions account for 70% of the total overlap.
What does IGV own that QTEC doesn't?
95 positions (41.4% of IGV) are unique to IGV, led by ORCL, CRM and NOW. In the other direction, 28 positions (62.3% of QTEC) are unique to QTEC.