MOAT vs QQQ: Holdings Overlap
MOATVanEck Morningstar Wide Moat ETF
VanEck · 57 holdings · $12.2B · as of 2026-03-31
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
How similar are MOAT and QQQ?
VanEck Morningstar Wide Moat ETF (MOAT, by VanEck) holds 57 positions; Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101. They have 18 holdings in common, and by portfolio weight the two funds are 14.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 14.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 18MOAT holds 57 · QQQ holds 101
- Weight in Shared Holdings
- MOAT 31%·QQQ 32%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 MOAT
39 of 57 positions (69.3% of the fund) are not held by QQQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | MOAT | QQQ |
|---|---|---|
| Information Technology | 25.5% | 49.7% |
| Industrials | 19.3% | 4.2% |
| Consumer Staples | 18.3% | 8.5% |
| Health Care | 18.1% | 5.1% |
| Communication Services | 2.3% | 16.0% |
| Other Sectors | 16.4% | 16.4% |
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 |
|---|---|---|---|---|---|---|---|
| MOAT | +5.9% | +8.4% | +18.6% | +12.6% | +9.4% | +13.9% | 1.25% |
| 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 MOAT vs QQQ →
Shared Holdings(18)
The top 10 shared positions account for 88% of the overlap, led by NVDA, MSFT and AMAT.
 NVDANVIDIA Corp. | 2.50% | 8.68% | 2.50% |
|---|---|---|---|
 MSFTMicrosoft Corp. | 2.22% | 5.63% | 2.22% |
 AMATApplied Materials, Inc. | 1.35% | 1.53% | 1.35% |
 AMZNAmazon.com, Inc. | 1.31% | 4.58% | 1.31% |
 AVGOBroadcom Inc. | 1.20% | 3.01% | 1.20% |
 PEPPepsiCo, Inc. | 1.41% | 1.20% | 1.20% |
 METAMeta Platforms, Inc., Class A | 1.14% | 3.46% | 1.14% |
 PANWPalo Alto Networks, Inc. | 1.30% | 0.74% | 0.74% |
 ADBEAdobe Inc. | 0.96% | 0.56% | 0.56% |
 MDLZMondelez International, Inc., Class A | 2.74% | 0.42% | 0.42% |
 FTNTFortinet, Inc. | 2.61% | 0.34% | 0.34% |
 ABNBAirbnb, Inc., Class A | 2.64% | 0.30% | 0.30% |
 NXPINXP Semiconductors N.V. | 2.42% | 0.28% | 0.28% |
 DDOGDatadog, Inc., Class A | 1.23% | 0.22% | 0.22% |
 GEHCGE HealthCare Technologies Inc. | 2.39% | 0.18% | 0.18% |
 CPRTCopart, Inc. | 1.19% | 0.18% | 0.18% |
 WDAYWorkday, Inc., Class A | 0.80% | 0.16% | 0.16% |
 CSGPCoStar Group, Inc. | 1.12% | 0.10% | 0.10% |
Frequently Asked Questions
How much do MOAT and QQQ overlap?
MOAT and QQQ overlap by 14.4% of portfolio weight. They share 18 holdings (MOAT holds 57 positions and QQQ holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MOAT and QQQ?
The two portfolios are 14.4% 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 MOAT and QQQ?
The largest positions held by both funds are NVDA, MSFT, AMAT, AMZN and AVGO. Together the top 10 shared positions account for 88% of the total overlap.
What does MOAT own that QQQ doesn't?
39 positions (69.3% of MOAT) are unique to MOAT, led by BMY, STZ and KVUE. In the other direction, 83 positions (68.3% of QQQ) are unique to QQQ.