QQEW vs RSPH: Holdings Overlap
QQEWFirst Trust Nasdaq-100 Select Equal Weight ETF
First Trust · 51 holdings · $1.8B · as of 2026-03-31
RSPHInvesco S&P 500 Equal Weight Health Care ETF
Invesco · 59 holdings · $776M · as of 2026-04-30
Holdings snapshots are 30 days apart (QQEW: 2026-03-31, RSPH: 2026-04-30). 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 QQEW and RSPH?
First Trust Nasdaq-100 Select Equal Weight ETF (QQEW, by First Trust) holds 51 positions; Invesco S&P 500 Equal Weight Health Care ETF (RSPH, by Invesco) holds 59. They have 7 holdings in common, and by portfolio weight the two funds are 11.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 11.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 7QQEW holds 51 · RSPH holds 59
- Weight in Shared Holdings
- QQEW 14%·RSPH 11%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 QQEW
44 of 51 positions (85.8% of the fund) are not held by RSPH. Showing the top 30 by weight.
Sector Breakdown
| Sector | QQEW | RSPH |
|---|---|---|
| Health Care | 16.3% | 100.5% |
| Information Technology | 49.6% | 0.0% |
| Consumer Discretionary | 12.4% | 0.0% |
| Communication Services | 10.0% | 0.0% |
| Industrials | 7.7% | 0.0% |
| Other Sectors | 3.9% | 0.0% |
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 |
|---|---|---|---|---|---|---|---|
| QQEW | +2.5% | +14.0% | +19.6% | +14.5% | +7.7% | +14.2% | 0.20% |
| RSPH | +3.0% | +12.0% | +28.4% | +7.0% | +3.5% | +8.9% | 0.65% |
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 QQEW vs RSPH →
Shared Holdings(7)
The top 7 shared positions account for 100% of the overlap, led by IDXX, ISRG and AMGN.
 IDXXIDEXX Laboratories Inc. COM | 1.99% | 1.66% | 1.66% |
|---|---|---|---|
 ISRGIntuitive Surgical Inc. COM NEW | 1.97% | 1.65% | 1.65% |
 AMGNAmgen Inc. COM | 2.07% | 1.63% | 1.63% |
 REGNRegeneron Pharmaceuticals, Inc. COM | 2.15% | 1.62% | 1.62% |
 DXCMDexCom Inc COM | 1.91% | 1.60% | 1.60% |
 GILDGilead Sciences Inc. COM | 2.07% | 1.59% | 1.59% |
 VRTXVertex Pharmaceuticals Incorporated COM | 2.01% | 1.54% | 1.54% |
Frequently Asked Questions
How much do QQEW and RSPH overlap?
QQEW and RSPH overlap by 11.3% of portfolio weight. They share 7 holdings (QQEW holds 51 positions and RSPH holds 59), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQEW and RSPH?
The two portfolios are 11.3% 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 QQEW and RSPH?
The largest positions held by both funds are IDXX, ISRG, AMGN, REGN and DXCM. Together the top 7 shared positions account for 100% of the total overlap.
What does QQEW own that RSPH doesn't?
44 positions (85.8% of QQEW) are unique to QQEW, led by ARM, PDD and ALNY. In the other direction, 52 positions (89.2% of RSPH) are unique to RSPH.