QQQ vs QYLD: Holdings Overlap
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
QYLDGlobal X NASDAQ 100 Covered Call ETF
Global X · 101 holdings · $8.2B · as of 2026-04-30
Holdings snapshots are 30 days apart (QQQ: 2026-03-31, QYLD: 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 QQQ and QYLD?
Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101 positions; Global X NASDAQ 100 Covered Call ETF (QYLD, by Global X) holds 101. They have 100 holdings in common, and by portfolio weight the two funds are 95.0% identical. In practical terms the pair is essentially interchangeable, so holding both adds little diversification.
- Overlap by Weight
- 95.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 100QQQ holds 101 · QYLD holds 101
- Weight in Shared Holdings
- QQQ 100%·QYLD 103%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
Sector Breakdown
| Sector | QQQ | QYLD |
|---|---|---|
| Information Technology | 49.7% | 54.9% |
| Communication Services | 16.0% | 16.3% |
| Consumer Discretionary | 12.6% | 12.6% |
| Consumer Staples | 8.5% | 7.9% |
| Health Care | 5.1% | 4.3% |
| Other Sectors | 8.0% | 7.3% |
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% |
| QYLD | +1.4% | +10.1% | +21.5% | +13.4% | +8.2% | +9.7% | 11.64% |
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 QYLD →
Shared Holdings(100)
The top 10 shared positions account for 48% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 8.68% | 8.85% | 8.68% |
|---|---|---|---|
 AAPLApple Inc. COM | 7.63% | 7.27% | 7.27% |
 MSFTMicrosoft Corp. COM | 5.63% | 5.53% | 5.53% |
 AMZNAmazon.com, Inc. COM | 4.58% | 5.19% | 4.58% |
 TSLATesla Inc COM | 3.80% | 3.48% | 3.48% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.43% | 4.09% | 3.43% |
 METAMeta Platforms, Inc., Class A | 3.46% | 3.29% | 3.29% |
 WMTWalmart Inc COM | 3.43% | 3.25% | 3.25% |
 GOOGAlphabet Inc. CAP STK CL C | 3.20% | 3.79% | 3.20% |
 AVGOBroadcom Inc COM | 3.01% | 3.61% | 3.01% |
 COSTCostco Wholesale Corporation COM | 2.50% | 2.27% | 2.27% |
 MUMicron Technology Inc. COM | 2.15% | 2.93% | 2.15% |
 NFLXNetflix, Inc. COM | 2.30% | 1.99% | 1.99% |
 AMDAdvanced Micro Devices Inc. COM | 1.88% | 2.91% | 1.88% |
 CSCOCisco Systems, Inc. COM | 1.73% | 1.82% | 1.73% |
 PLTRPalantir Technologies, Inc., Class A | 1.90% | 1.60% | 1.60% |
 AMATApplied Materials Inc. COM | 1.53% | 1.58% | 1.53% |
 LRCXLam Research Corporation COM NEW | 1.51% | 1.62% | 1.51% |
 INTCIntel Corporation COM | 1.25% | 2.38% | 1.25% |
 LINLinde PLC COM EUR0.001 | 1.30% | 1.17% | 1.17% |
 KLACKLA Corp. COM NEW | 1.09% | 1.16% | 1.09% |
 PEPPepsico Inc COM | 1.20% | 1.09% | 1.09% |
 TMUST-Mobile US Inc COM | 1.31% | 1.08% | 1.08% |
 TXNTexas Instruments Inc. COM | 1.00% | 1.28% | 1.00% |
 AMGNAmgen Inc. COM | 1.07% | 0.94% | 0.94% |
Frequently Asked Questions
How much do QQQ and QYLD overlap?
QQQ and QYLD overlap by 95.0% of portfolio weight. They share 100 holdings (QQQ holds 101 positions and QYLD holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQQ and QYLD?
The two portfolios are 95.0% identical by weight. Owning both is largely redundant: they are close to the same portfolio, so a second position mostly duplicates the first.
What are the biggest shared holdings of QQQ and QYLD?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and TSLA. Together the top 10 shared positions account for 48% of the total overlap.
What does QQQ own that QYLD doesn't?
1 positions (0.1% of QQQ) are unique to QQQ, led by TEAM. In the other direction, 1 positions (0.8% of QYLD) are unique to QYLD.