QQEW vs VUG: Holdings Overlap
QQEWFirst Trust Nasdaq-100 Select Equal Weight ETF
First Trust · 51 holdings · $1.8B · as of 2026-03-31
Vanguard · 153 holdings · $229.6B · as of 2026-03-31
How similar are QQEW and VUG?
First Trust Nasdaq-100 Select Equal Weight ETF (QQEW, by First Trust) holds 51 positions; Vanguard Growth Index Fund (VUG, by Vanguard) holds 153. They have 38 holdings in common, and by portfolio weight the two funds are 22.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 22.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 38QQEW holds 51 · VUG holds 153
- Weight in Shared Holdings
- QQEW 73%·VUG 63%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
13 of 51 positions (26.9% of the fund) are not held by VUG.
Sector Breakdown
| Sector | QQEW | VUG |
|---|---|---|
| Information Technology | 49.6% | 51.9% |
| Communication Services | 10.0% | 16.5% |
| Health Care | 16.3% | 5.4% |
| Consumer Discretionary | 12.4% | 12.5% |
| Industrials | 7.7% | 5.2% |
| Other Sectors | 3.9% | 8.5% |
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% |
| VUG | +4.1% | +10.2% | +18.2% | +24.1% | +13.0% | +17.8% | 0.38% |
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 VUG →
Shared Holdings(38)
The top 10 shared positions account for 69% of the overlap, led by AAPL, NVDA and AVGO.
 AAPLApple Inc. COM | 2.09% | 12.32% | 2.09% |
|---|---|---|---|
 NVDANVIDIA Corp. COM | 2.06% | 13.31% | 2.06% |
 AVGOBroadcom Inc COM | 2.03% | 4.40% | 2.03% |
 MSFTMicrosoft Corp. COM | 1.98% | 9.09% | 1.98% |
 METAMeta Platforms, Inc., Class A | 1.97% | 4.15% | 1.97% |
 NFLXNetflix, Inc. COM | 2.14% | 1.36% | 1.36% |
 PLTRPalantir Technologies, Inc., Class A | 1.98% | 1.07% | 1.07% |
 GOOGAlphabet Inc. CAP STK CL C | 0.98% | 4.39% | 0.98% |
 GOOGLAlphabet Inc. CAP STK CL A | 0.98% | 5.54% | 0.98% |
 LRCXLam Research Corporation COM NEW | 1.91% | 0.90% | 0.90% |
 KLACKLA Corp. COM NEW | 2.01% | 0.66% | 0.66% |
 ISRGIntuitive Surgical Inc. COM NEW | 1.97% | 0.56% | 0.56% |
 BKNGBooking Holdings Inc COM | 1.99% | 0.46% | 0.46% |
 PANWPalo Alto Networks Inc COM | 2.01% | 0.45% | 0.45% |
 INTUIntuit Inc COM | 1.94% | 0.41% | 0.41% |
 VRTXVertex Pharmaceuticals Incorporated COM | 2.01% | 0.39% | 0.39% |
 ADBEAdobe Inc COM | 2.00% | 0.34% | 0.34% |
 APPApplovin Corp. COM CL A | 1.84% | 0.34% | 0.34% |
 CRWDCrowdstrike Holdings, Inc., Class A | 1.95% | 0.32% | 0.32% |
 STXSeagate Technology Holdings PLC ORD SHS | 1.94% | 0.30% | 0.30% |
 CDNSCadence Design Systems, Inc. COM | 2.00% | 0.27% | 0.27% |
 SNPSSynopsys Inc COM | 1.93% | 0.27% | 0.27% |
 DASHDoorDash, Inc., Class A | 1.96% | 0.19% | 0.19% |
 MPWRMonolithic Power Systems Inc. COM | 2.09% | 0.19% | 0.19% |
 ADSKAutodesk Inc COM | 1.97% | 0.18% | 0.18% |
Frequently Asked Questions
How much do QQEW and VUG overlap?
QQEW and VUG overlap by 22.4% of portfolio weight. They share 38 holdings (QQEW holds 51 positions and VUG holds 153), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQEW and VUG?
The two portfolios are 22.4% 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 QQEW and VUG?
The largest positions held by both funds are AAPL, NVDA, AVGO, MSFT and META. Together the top 10 shared positions account for 69% of the total overlap.
What does QQEW own that VUG doesn't?
13 positions (26.9% of QQEW) are unique to QQEW, led by ARM, PDD and MELI. In the other direction, 115 positions (36.4% of VUG) are unique to VUG.