IHI vs QQEW: Holdings Overlap
IHIiShares U.S. Medical Devices ETF
iShares · 47 holdings · $3.4B · 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 IHI and QQEW?
iShares U.S. Medical Devices ETF (IHI, by iShares) holds 47 positions; First Trust Nasdaq-100 Select Equal Weight ETF (QQEW, by First Trust) holds 51. They have 3 holdings in common, and by portfolio weight the two funds are 5.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 5.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 3IHI holds 47 · QQEW holds 51
- Weight in Shared Holdings
- IHI 23%·QQEW 6%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 IHI
44 of 47 positions (76.6% of the fund) are not held by QQEW. Showing the top 30 by weight.
Only in QQEW
48 of 51 positions (94.1% of the fund) are not held by IHI. Showing the top 30 by weight.
Sector Breakdown
| Sector | IHI | QQEW |
|---|---|---|
| Health Care | 99.8% | 16.3% |
| Information Technology | 0.0% | 49.6% |
| Consumer Discretionary | 0.0% | 12.4% |
| Communication Services | 0.0% | 10.0% |
| Industrials | 0.0% | 7.7% |
| Other Sectors | 0.0% | 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 |
|---|---|---|---|---|---|---|---|
| IHI | +4.1% | -12.3% | -9.9% | +0.5% | -2.6% | +8.9% | 0.45% |
| 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 IHI vs QQEW →
Shared Holdings(3)
The top 3 shared positions account for 100% of the overlap, led by IDXX, ISRG and DXCM.
Frequently Asked Questions
How much do IHI and QQEW overlap?
IHI and QQEW overlap by 5.9% of portfolio weight. They share 3 holdings (IHI holds 47 positions and QQEW holds 51), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IHI and QQEW?
The two portfolios are 5.9% 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 IHI and QQEW?
The largest positions held by both funds are IDXX, ISRG and DXCM. Together the top 3 shared positions account for 100% of the total overlap.
What does IHI own that QQEW doesn't?
44 positions (76.6% of IHI) are unique to IHI, led by ABT, SYK and MDT. In the other direction, 48 positions (94.1% of QQEW) are unique to QQEW.