IWD vs QQQ: Holdings Overlap
IWDiShares Russell 1000 Value ETF
iShares · 866 holdings · $83.6B · as of 2026-03-31
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
How similar are IWD and QQQ?
iShares Russell 1000 Value ETF (IWD, by iShares) holds 866 positions; Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101. They have 58 holdings in common, and by portfolio weight the two funds are 21.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 21.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 58IWD holds 866 · QQQ holds 101
- Weight in Shared Holdings
- IWD 21%·QQQ 49%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 IWD
808 of 866 positions (78.8% of the fund) are not held by QQQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWD | QQQ |
|---|---|---|
| Information Technology | 11.7% | 49.7% |
| Financials | 20.0% | 0.2% |
| Communication Services | 7.9% | 16.0% |
| Industrials | 13.4% | 4.2% |
| Consumer Discretionary | 7.0% | 12.6% |
| Other Sectors | 39.8% | 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 |
|---|---|---|---|---|---|---|---|
| IWD | +4.0% | +23.3% | +34.5% | +19.0% | +11.9% | +11.7% | 1.36% |
| 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 IWD vs QQQ →
Shared Holdings(58)
The top 10 shared positions account for 57% of the overlap, led by GOOGL, AMZN and WMT.
 GOOGLAlphabet Inc. CAP STK CL A | 1.95% | 3.43% | 1.95% |
|---|---|---|---|
 AMZNAmazon.com, Inc. COM | 1.81% | 4.58% | 1.81% |
 WMTWalmart Inc COM | 1.60% | 3.43% | 1.60% |
 GOOGAlphabet Inc. CAP STK CL C | 1.59% | 3.20% | 1.59% |
 MUMicron Technology Inc. COM | 1.24% | 2.15% | 1.24% |
 CSCOCisco Systems, Inc. COM | 1.02% | 1.73% | 1.02% |
 LINLinde PLC COM EUR0.001 | 0.77% | 1.30% | 0.77% |
 METAMeta Platforms, Inc., Class A | 0.73% | 3.46% | 0.73% |
 INTCIntel Corporation COM | 0.64% | 1.25% | 0.64% |
 AMATApplied Materials Inc. COM | 0.64% | 1.53% | 0.64% |
 PEPPepsico Inc COM | 0.60% | 1.20% | 0.60% |
 ADIAnalog Devices Inc. COM | 0.51% | 0.88% | 0.51% |
 HONHoneywell International Inc. COM | 0.47% | 0.81% | 0.47% |
 AMDAdvanced Micro Devices Inc. COM | 0.45% | 1.88% | 0.45% |
 GILDGilead Sciences Inc. COM | 0.42% | 0.98% | 0.42% |
 QCOMQUALCOMM Inc. COM | 0.35% | 0.78% | 0.35% |
 TXNTexas Instruments Inc. COM | 0.34% | 1.00% | 0.34% |
 CMCSAComcast Corporation CL A | 0.34% | 0.58% | 0.34% |
 TMUST-Mobile US Inc COM | 0.33% | 1.31% | 0.33% |
 WDCWestern Digital Corp. COM | 0.30% | 0.52% | 0.30% |
 SBUXStarbucks Corp. COM | 0.29% | 0.58% | 0.29% |
 CEGConstellation Energy Corp. COM | 0.29% | 0.57% | 0.29% |
 REGNRegeneron Pharmaceuticals, Inc. COM | 0.26% | 0.45% | 0.26% |
 MRVLMarvell Technology Inc COM | 0.26% | 0.49% | 0.26% |
 CSXCSX Corporation COM | 0.25% | 0.43% | 0.25% |
Frequently Asked Questions
How much do IWD and QQQ overlap?
IWD and QQQ overlap by 21.0% of portfolio weight. They share 58 holdings (IWD holds 866 positions and QQQ holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWD and QQQ?
The two portfolios are 21.0% 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 IWD and QQQ?
The largest positions held by both funds are GOOGL, AMZN, WMT, GOOG and MU. Together the top 10 shared positions account for 57% of the total overlap.
What does IWD own that QQQ doesn't?
808 positions (78.8% of IWD) are unique to IWD, led by BRK-B, JPM and XOM. In the other direction, 43 positions (51.0% of QQQ) are unique to QQQ.