JQUA vs QQQ: Holdings Overlap
JQUAJPMorgan U.S. Quality Factor ETF
JPMorgan · 289 holdings · $8.2B · 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 (JQUA: 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 JQUA and QQQ?
JPMorgan U.S. Quality Factor ETF (JQUA, by JPMorgan) holds 289 positions; Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101. They have 57 holdings in common, and by portfolio weight the two funds are 37.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 37.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 57JQUA holds 289 · QQQ holds 101
- Weight in Shared Holdings
- JQUA 38%·QQQ 69%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 JQUA
232 of 289 positions (62.0% of the fund) are not held by QQQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | JQUA | QQQ |
|---|---|---|
| Information Technology | 37.8% | 49.7% |
| Communication Services | 6.8% | 16.0% |
| Consumer Discretionary | 9.6% | 12.6% |
| Financials | 12.4% | 0.2% |
| Industrials | 10.0% | 4.2% |
| Other Sectors | 23.3% | 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 |
|---|---|---|---|---|---|---|---|
| JQUA | +3.6% | +18.6% | +24.4% | +19.8% | +13.4% | — | 1.05% |
| 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 JQUA vs QQQ →
Shared Holdings(57)
The top 10 shared positions account for 48% of the overlap, led by GOOGL, AVGO and NVDA.
 GOOGLAlphabet, Inc., Class A | 2.35% | 3.43% | 2.35% |
|---|---|---|---|
 AVGOBroadcom, Inc. | 2.11% | 3.01% | 2.11% |
 NVDANVIDIA Corp. | 2.05% | 8.68% | 2.05% |
 AAPLApple, Inc. | 2.01% | 7.63% | 2.01% |
 METAMeta Platforms, Inc., Class A | 1.71% | 3.46% | 1.71% |
 MSFTMicrosoft Corp. | 1.66% | 5.63% | 1.66% |
 AMDAdvanced Micro Devices, Inc. | 1.64% | 1.88% | 1.64% |
 MUMicron Technology, Inc. | 1.61% | 2.15% | 1.61% |
 COSTCostco Wholesale Corp. | 1.44% | 2.50% | 1.44% |
 CSCOCisco Systems, Inc. | 1.21% | 1.73% | 1.21% |
 LRCXLam Research Corp. | 1.15% | 1.51% | 1.15% |
 AMATApplied Materials, Inc. | 1.11% | 1.53% | 1.11% |
 KLACKLA Corp. | 0.89% | 1.09% | 0.89% |
 PLTRPalantir Technologies, Inc., Class A | 0.86% | 1.90% | 0.86% |
 LINLinde plc | 0.85% | 1.30% | 0.85% |
 TXNTexas Instruments, Inc. | 0.85% | 1.00% | 0.85% |
 ADIAnalog Devices, Inc. | 0.79% | 0.88% | 0.79% |
 QCOMQUALCOMM, Inc. | 0.79% | 0.78% | 0.78% |
 GILDGilead Sciences, Inc. | 0.63% | 0.98% | 0.63% |
 PANWPalo Alto Networks, Inc. | 0.61% | 0.74% | 0.61% |
 WDCWestern Digital Corp. | 0.75% | 0.52% | 0.52% |
 SBUXStarbucks Corp. | 0.50% | 0.58% | 0.50% |
 MRVLMarvell Technology, Inc. | 0.53% | 0.49% | 0.49% |
 APPAppLovin Corp., Class A | 0.47% | 0.69% | 0.47% |
 BKNGBooking Holdings, Inc. | 0.46% | 0.75% | 0.46% |
Frequently Asked Questions
How much do JQUA and QQQ overlap?
JQUA and QQQ overlap by 37.1% of portfolio weight. They share 57 holdings (JQUA holds 289 positions and QQQ holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JQUA and QQQ?
The two portfolios are 37.1% 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 JQUA and QQQ?
The largest positions held by both funds are GOOGL, AVGO, NVDA, AAPL and META. Together the top 10 shared positions account for 48% of the total overlap.
What does JQUA own that QQQ doesn't?
232 positions (62.0% of JQUA) are unique to JQUA, led by XOM, BRK-B and JNJ. In the other direction, 44 positions (30.8% of QQQ) are unique to QQQ.