QQQ vs QTEC: Holdings Overlap
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
QTECFirst Trust NASDAQ-100-Technology Sector Index Fund
First Trust · 45 holdings · $4.8B · as of 2026-03-31
How similar are QQQ and QTEC?
Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101 positions; First Trust NASDAQ-100-Technology Sector Index Fund (QTEC, by First Trust) holds 45. They have 45 holdings in common, and by portfolio weight the two funds are 38.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 38.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 45QQQ holds 101 · QTEC holds 45
- Weight in Shared Holdings
- QQQ 60%·QTEC 100%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 (40.2% of the fund) are not held by QTEC. Showing the top 30 by weight.
Only in QTEC
Every position in QTEC is also held by QQQ, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | QQQ | QTEC |
|---|---|---|
| Information Technology | 49.7% | 86.5% |
| Communication Services | 16.0% | 6.5% |
| Consumer Discretionary | 12.6% | 4.7% |
| Consumer Staples | 8.5% | 0.0% |
| Health Care | 5.1% | 0.0% |
| Other Sectors | 8.0% | 2.2% |
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% |
| QTEC | +1.7% | +37.5% | +49.6% | +28.1% | +14.1% | +21.4% | 0.01% |
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 QTEC →
Shared Holdings(45)
The top 10 shared positions account for 53% of the overlap, led by AAPL, NVDA and AVGO.
 AAPLApple Inc. COM | 7.63% | 2.37% | 2.37% |
|---|---|---|---|
 NVDANVIDIA Corp. COM | 8.68% | 2.34% | 2.34% |
 AVGOBroadcom Inc COM | 3.01% | 2.31% | 2.31% |
 MSFTMicrosoft Corp. COM | 5.63% | 2.24% | 2.24% |
 METAMeta Platforms, Inc., Class A | 3.46% | 2.23% | 2.23% |
 PLTRPalantir Technologies Inc., Class A | 1.90% | 2.25% | 1.90% |
 AMDAdvanced Micro Devices Inc. COM | 1.88% | 2.34% | 1.88% |
 MUMicron Technology Inc. COM | 2.15% | 1.85% | 1.85% |
 AMATApplied Materials Inc. COM | 1.53% | 2.22% | 1.53% |
 LRCXLam Research Corporation COM NEW | 1.51% | 2.17% | 1.51% |
 INTCIntel Corporation COM | 1.25% | 2.33% | 1.25% |
 GOOGAlphabet Inc. CAP STK CL C | 3.20% | 1.11% | 1.11% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.43% | 1.11% | 1.11% |
 KLACKLA Corp. COM NEW | 1.09% | 2.27% | 1.09% |
 TXNTexas Instruments Inc. COM | 1.00% | 2.40% | 1.00% |
 ADIAnalog Devices Inc. COM | 0.88% | 2.38% | 0.88% |
 SHOPShopify Inc CL A SUB VTG SHS | 0.82% | 2.35% | 0.82% |
 QCOMQUALCOMM Inc. COM | 0.78% | 2.30% | 0.78% |
 PANWPalo Alto Networks Inc COM | 0.74% | 2.28% | 0.74% |
 APPAppLovin Corp., Class A | 0.69% | 2.08% | 0.69% |
 INTUIntuit Inc COM | 0.68% | 2.20% | 0.68% |
 ASMLASML Holding N.V., New York Shares | 0.66% | 2.32% | 0.66% |
 ADBEAdobe Inc COM | 0.56% | 2.27% | 0.56% |
 CRWDCrowdStrike Holdings, Inc., Class A | 0.56% | 2.21% | 0.56% |
 WDCWestern Digital Corp. COM | 0.52% | 2.14% | 0.52% |
Frequently Asked Questions
How much do QQQ and QTEC overlap?
QQQ and QTEC overlap by 38.1% of portfolio weight. They share 45 holdings (QQQ holds 101 positions and QTEC holds 45), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQQ and QTEC?
The two portfolios are 38.1% 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 QTEC?
The largest positions held by both funds are AAPL, NVDA, AVGO, MSFT and META. Together the top 10 shared positions account for 53% of the total overlap.
What does QQQ own that QTEC doesn't?
56 positions (40.2% of QQQ) are unique to QQQ, led by AMZN, TSLA and WMT. In the other direction, 0 positions (0.0% of QTEC) are unique to QTEC.