ITOT vs QQQ: Holdings Overlap
ITOTiShares Core S&P Total U.S. Stock Market ETF
iShares · 2487 holdings · $97.6B · as of 2026-03-31
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
How similar are ITOT and QQQ?
iShares Core S&P Total U.S. Stock Market ETF (ITOT, by iShares) holds 2487 positions; Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101. They have 93 holdings in common, and by portfolio weight the two funds are 45.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 45.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 93ITOT holds 2487 · QQQ holds 101
- Weight in Shared Holdings
- ITOT 45%·QQQ 97%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 ITOT
2394 of 2487 positions (54.6% of the fund) are not held by QQQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | ITOT | QQQ |
|---|---|---|
| Information Technology | 30.8% | 49.7% |
| Communication Services | 9.7% | 16.0% |
| Financials | 12.9% | 0.2% |
| Consumer Discretionary | 9.9% | 12.6% |
| Industrials | 10.2% | 4.2% |
| Other Sectors | 26.2% | 17.2% |
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 |
|---|---|---|---|---|---|---|---|
| ITOT | +3.3% | +14.6% | +24.1% | +20.9% | +12.3% | +14.9% | 0.97% |
| 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 ITOT vs QQQ →
Shared Holdings(93)
The top 10 shared positions account for 70% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. | 6.69% | 8.68% | 6.69% |
|---|---|---|---|
 AAPLApple, Inc. | 5.88% | 7.63% | 5.88% |
 MSFTMicrosoft Corp. | 4.34% | 5.63% | 4.34% |
 AMZNAmazon.com, Inc. | 3.21% | 4.58% | 3.21% |
 GOOGLAlphabet, Inc., Class A | 2.64% | 3.43% | 2.64% |
 AVGOBroadcom, Inc. | 2.32% | 3.01% | 2.32% |
 GOOGAlphabet, Inc., Class C | 2.12% | 3.20% | 2.12% |
 METAMeta Platforms, Inc., Class A | 1.98% | 3.46% | 1.98% |
 TSLATesla, Inc. | 1.65% | 3.80% | 1.65% |
 WMTWalmart, Inc. | 0.86% | 3.43% | 0.86% |
 COSTCostco Wholesale Corp. | 0.70% | 2.50% | 0.70% |
 NFLXNetflix, Inc. | 0.64% | 2.30% | 0.64% |
 MUMicron Technology, Inc. | 0.60% | 2.15% | 0.60% |
 PLTRPalantir Technologies, Inc., Class A | 0.53% | 1.90% | 0.53% |
 AMDAdvanced Micro Devices, Inc. | 0.52% | 1.88% | 0.52% |
 CSCOCisco Systems, Inc. | 0.48% | 1.73% | 0.48% |
 AMATApplied Materials, Inc. | 0.43% | 1.53% | 0.43% |
 LRCXLam Research Corp. | 0.42% | 1.51% | 0.42% |
 LINLinde plc | 0.36% | 1.30% | 0.36% |
 PEPPepsiCo, Inc. | 0.33% | 1.20% | 0.33% |
 INTCIntel Corp. | 0.33% | 1.25% | 0.33% |
 KLACKLA Corp. | 0.30% | 1.09% | 0.30% |
 AMGNAmgen, Inc. | 0.30% | 1.07% | 0.30% |
 TXNTexas Instruments, Inc. | 0.28% | 1.00% | 0.28% |
 GILDGilead Sciences, Inc. | 0.27% | 0.98% | 0.27% |
Frequently Asked Questions
How much do ITOT and QQQ overlap?
ITOT and QQQ overlap by 45.1% of portfolio weight. They share 93 holdings (ITOT holds 2487 positions and QQQ holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ITOT and QQQ?
The two portfolios are 45.1% 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 ITOT and QQQ?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and GOOGL. Together the top 10 shared positions account for 70% of the total overlap.
What does ITOT own that QQQ doesn't?
2394 positions (54.6% of ITOT) are unique to ITOT, led by BRK-B, JPM and LLY. In the other direction, 8 positions (3.2% of QQQ) are unique to QQQ.