QQQ vs IWF: Holdings Overlap
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
IWFiShares Russell 1000 Growth ETF
iShares · 387 holdings · $127.3B · as of 2026-03-31
How similar are QQQ and IWF?
Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101 positions; iShares Russell 1000 Growth ETF (IWF, by iShares) holds 387. They have 62 holdings in common, and by portfolio weight the two funds are 58.5% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 58.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 62QQQ holds 101 · IWF holds 387
- Weight in Shared Holdings
- QQQ 79%·IWF 72%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
39 of 101 positions (20.5% of the fund) are not held by IWF. Showing the top 30 by weight.
Sector Breakdown
| Sector | QQQ | IWF |
|---|---|---|
| Information Technology | 49.7% | 49.2% |
| Communication Services | 16.0% | 12.4% |
| Consumer Discretionary | 12.6% | 13.1% |
| Consumer Staples | 8.5% | 2.9% |
| Health Care | 5.1% | 8.0% |
| Other Sectors | 8.0% | 14.1% |
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% |
| IWF | +2.7% | +5.5% | +13.1% | +22.0% | +12.6% | +17.8% | 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 IWF →
Shared Holdings(62)
The top 10 shared positions account for 76% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 8.68% | 12.92% | 8.68% |
|---|---|---|---|
 AAPLApple Inc. COM | 7.63% | 11.64% | 7.63% |
 MSFTMicrosoft Corp. COM | 5.63% | 8.82% | 5.63% |
 AMZNAmazon.com, Inc. COM | 4.58% | 4.66% | 4.58% |
 TSLATesla Inc COM | 3.80% | 3.55% | 3.55% |
 METAMeta Platforms, Inc., Class A | 3.46% | 3.46% | 3.46% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.43% | 3.54% | 3.43% |
 AVGOBroadcom Inc COM | 3.01% | 4.79% | 3.01% |
 GOOGAlphabet Inc. CAP STK CL C | 3.20% | 2.87% | 2.87% |
 COSTCostco Wholesale Corporation COM | 2.50% | 1.60% | 1.60% |
 NFLXNetflix, Inc. COM | 2.30% | 1.47% | 1.47% |
 PLTRPalantir Technologies, Inc., Class A | 1.90% | 1.15% | 1.15% |
 LRCXLam Research Corporation COM NEW | 1.51% | 0.97% | 0.97% |
 KLACKLA Corp. COM NEW | 1.09% | 0.70% | 0.70% |
 AMDAdvanced Micro Devices Inc. COM | 1.88% | 0.69% | 0.69% |
 ISRGIntuitive Surgical Inc. COM NEW | 0.93% | 0.59% | 0.59% |
 AMGNAmgen Inc. COM | 1.07% | 0.50% | 0.50% |
 BKNGBooking Holdings Inc COM | 0.75% | 0.46% | 0.46% |
 PANWPalo Alto Networks Inc COM | 0.74% | 0.46% | 0.46% |
 INTUIntuit Inc COM | 0.68% | 0.43% | 0.43% |
 VRTXVertex Pharmaceuticals Incorporated COM | 0.64% | 0.41% | 0.41% |
 ADBEAdobe Inc COM | 0.56% | 0.36% | 0.36% |
 CRWDCrowdStrike Holdings, Inc., Class A | 0.56% | 0.35% | 0.35% |
 APPAppLovin Corp., Class A | 0.69% | 0.34% | 0.34% |
 AMATApplied Materials Inc. COM | 1.53% | 0.28% | 0.28% |
Frequently Asked Questions
How much do QQQ and IWF overlap?
QQQ and IWF overlap by 58.5% of portfolio weight. They share 62 holdings (QQQ holds 101 positions and IWF holds 387), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQQ and IWF?
The two portfolios are 58.5% 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 IWF?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and TSLA. Together the top 10 shared positions account for 76% of the total overlap.
What does QQQ own that IWF doesn't?
39 positions (20.5% of QQQ) are unique to QQQ, led by MU, CSCO and TMUS. In the other direction, 325 positions (28.0% of IWF) are unique to IWF.