IYW vs QQQ: Holdings Overlap
IYWiShares U.S. Technology ETF
iShares · 139 holdings · $25.2B · as of 2026-04-30
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
Holdings snapshots are 30 days apart (IYW: 2026-04-30, QQQ: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are IYW and QQQ?
iShares U.S. Technology ETF (IYW, by iShares) holds 139 positions; Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101. They have 38 holdings in common, and by portfolio weight the two funds are 54.3% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 54.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 38IYW holds 139 · QQQ holds 101
- Weight in Shared Holdings
- IYW 84%·QQQ 57%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 IYW
101 of 139 positions (15.7% of the fund) are not held by QQQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | IYW | QQQ |
|---|---|---|
| Information Technology | 80.4% | 49.7% |
| Communication Services | 17.9% | 16.0% |
| Consumer Discretionary | 0.4% | 12.6% |
| Consumer Staples | 0.0% | 8.5% |
| Health Care | 0.0% | 5.1% |
| Other Sectors | 1.1% | 8.0% |
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 |
|---|---|---|---|---|---|---|---|
| IYW | +4.4% | +27.3% | +39.7% | +32.8% | +19.8% | +24.9% | 0.10% |
| 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 IYW vs QQQ →
Shared Holdings(38)
The top 10 shared positions account for 71% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 16.23% | 8.68% | 8.68% |
|---|---|---|---|
 AAPLApple Inc. COM | 13.63% | 7.63% | 7.63% |
 MSFTMicrosoft Corp. COM | 3.99% | 5.63% | 3.99% |
 GOOGLAlphabet Inc. CAP STK CL A | 7.84% | 3.43% | 3.43% |
 GOOGAlphabet Inc. CAP STK CL C | 6.33% | 3.20% | 3.20% |
 AVGOBroadcom Inc COM | 3.78% | 3.01% | 3.01% |
 METAMeta Platforms, Inc., Class A | 2.80% | 3.46% | 2.80% |
 MUMicron Technology Inc. COM | 2.98% | 2.15% | 2.15% |
 AMDAdvanced Micro Devices Inc. COM | 3.50% | 1.88% | 1.88% |
 PLTRPalantir Technologies, Inc., Class A | 1.86% | 1.90% | 1.86% |
 AMATApplied Materials Inc. COM | 1.92% | 1.53% | 1.53% |
 LRCXLam Research Corporation COM NEW | 1.98% | 1.51% | 1.51% |
 INTCIntel Corporation COM | 2.56% | 1.25% | 1.25% |
 KLACKLA Corp. COM NEW | 1.41% | 1.09% | 1.09% |
 TXNTexas Instruments Inc. COM | 1.57% | 1.00% | 1.00% |
 ADIAnalog Devices Inc. COM | 1.21% | 0.88% | 0.88% |
 QCOMQUALCOMM Inc. COM | 1.18% | 0.78% | 0.78% |
 PANWPalo Alto Networks Inc COM | 0.88% | 0.74% | 0.74% |
 APPAppLovin Corp., Class A | 0.65% | 0.69% | 0.65% |
 INTUIntuit Inc COM | 0.65% | 0.68% | 0.65% |
 ADBEAdobe Inc COM | 0.62% | 0.56% | 0.56% |
 CRWDCrowdstrike Holdings, Inc., Class A | 0.68% | 0.56% | 0.56% |
 WDCWestern Digital Corp. COM | 0.91% | 0.52% | 0.52% |
 MRVLMarvell Technology Inc COM | 0.86% | 0.49% | 0.49% |
 CDNSCadence Design Systems, Inc. COM | 0.55% | 0.43% | 0.43% |
Frequently Asked Questions
How much do IYW and QQQ overlap?
IYW and QQQ overlap by 54.3% of portfolio weight. They share 38 holdings (IYW holds 139 positions and QQQ holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IYW and QQQ?
The two portfolios are 54.3% 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 IYW and QQQ?
The largest positions held by both funds are NVDA, AAPL, MSFT, GOOGL and GOOG. Together the top 10 shared positions account for 71% of the total overlap.
What does IYW own that QQQ doesn't?
101 positions (15.7% of IYW) are unique to IYW, led by ORCL, IBM and APH. In the other direction, 63 positions (43.2% of QQQ) are unique to QQQ.