QQQ vs IVW: Holdings Overlap
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
iShares · 143 holdings · $77.3B · as of 2026-03-31
How similar are QQQ and IVW?
Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101 positions; iShares S&P 500 Growth ETF (IVW, by iShares) holds 143. They have 45 holdings in common, and by portfolio weight the two funds are 53.5% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 53.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 45QQQ holds 101 · IVW holds 143
- Weight in Shared Holdings
- QQQ 70%·IVW 70%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 QQQ
56 of 101 positions (29.6% of the fund) are not held by IVW. Showing the top 30 by weight.
Sector Breakdown
| Sector | QQQ | IVW |
|---|---|---|
| Information Technology | 49.7% | 47.7% |
| Communication Services | 16.0% | 16.8% |
| Consumer Discretionary | 12.6% | 9.4% |
| Financials | 0.2% | 9.8% |
| Consumer Staples | 8.5% | 1.1% |
| Other Sectors | 12.8% | 15.1% |
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 |
|---|---|---|---|---|---|---|---|
| QQQ | +1.9% | +18.0% | +27.6% | +25.2% | +15.2% | +20.8% | 0.42% |
| IVW | +4.4% | +15.5% | +25.3% | +26.7% | +14.0% | +17.7% | 0.35% |
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 QQQ vs IVW →
Shared Holdings(45)
The top 10 shared positions account for 77% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 8.68% | 14.62% | 8.68% |
|---|---|---|---|
 AAPLApple Inc. COM | 7.63% | 6.43% | 6.43% |
 MSFTMicrosoft Corp. COM | 5.63% | 9.48% | 5.63% |
 AMZNAmazon.com, Inc. COM | 4.58% | 3.72% | 3.72% |
 METAMeta Platforms, Inc., Class A | 3.46% | 4.32% | 3.46% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.43% | 5.78% | 3.43% |
 GOOGAlphabet Inc. CAP STK CL C | 3.20% | 4.63% | 3.20% |
 AVGOBroadcom Inc COM | 3.01% | 5.06% | 3.01% |
 TSLATesla Inc COM | 3.80% | 2.24% | 2.24% |
 NFLXNetflix, Inc. COM | 2.30% | 1.40% | 1.40% |
 MUMicron Technology Inc. COM | 2.15% | 1.31% | 1.31% |
 PLTRPalantir Technologies Inc., Class A | 1.90% | 1.15% | 1.15% |
 AMDAdvanced Micro Devices Inc. COM | 1.88% | 1.14% | 1.14% |
 AMATApplied Materials Inc. COM | 1.53% | 0.94% | 0.94% |
 LRCXLam Research Corporation COM NEW | 1.51% | 0.92% | 0.92% |
 KLACKLA Corp. COM NEW | 1.09% | 0.67% | 0.67% |
 ISRGIntuitive Surgical Inc. COM NEW | 0.93% | 0.56% | 0.56% |
 CSCOCisco Systems, Inc. COM | 1.73% | 0.56% | 0.56% |
 BKNGBooking Holdings Inc COM | 0.75% | 0.47% | 0.47% |
 AMGNAmgen Inc. COM | 1.07% | 0.44% | 0.44% |
 APPAppLovin Corp., Class A | 0.69% | 0.37% | 0.37% |
 CRWDCrowdStrike Holdings, Inc., Class A | 0.56% | 0.34% | 0.34% |
 GILDGilead Sciences Inc. COM | 0.98% | 0.32% | 0.32% |
 ORLYO'Reilly Automotive Inc. COM | 0.44% | 0.27% | 0.27% |
 PANWPalo Alto Networks Inc COM | 0.74% | 0.25% | 0.25% |
Frequently Asked Questions
How much do QQQ and IVW overlap?
QQQ and IVW overlap by 53.5% of portfolio weight. They share 45 holdings (QQQ holds 101 positions and IVW holds 143), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQQ and IVW?
The two portfolios are 53.5% 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 QQQ and IVW?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and META. Together the top 10 shared positions account for 77% of the total overlap.
What does QQQ own that IVW doesn't?
56 positions (29.6% of QQQ) are unique to QQQ, led by WMT, COST and TMUS. In the other direction, 98 positions (29.9% of IVW) are unique to IVW.