QQQ vs RSP: Holdings Overlap
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
RSPInvesco S&P 500 Equal Weight ETF
Invesco · 504 holdings · $97.5B · as of 2026-04-30
Holdings snapshots are 30 days apart (QQQ: 2026-03-31, RSP: 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 RSP?
Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101 positions; Invesco S&P 500 Equal Weight ETF (RSP, by Invesco) holds 504. They have 87 holdings in common, and by portfolio weight the two funds are 17.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 17.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 87QQQ holds 101 · RSP holds 504
- Weight in Shared Holdings
- QQQ 95%·RSP 18%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
14 of 101 positions (4.6% of the fund) are not held by RSP.
Sector Breakdown
| Sector | QQQ | RSP |
|---|---|---|
| Information Technology | 49.7% | 15.9% |
| Communication Services | 16.0% | 4.0% |
| Industrials | 4.2% | 15.5% |
| Financials | 0.2% | 15.5% |
| Consumer Discretionary | 12.6% | 9.2% |
| Other Sectors | 17.2% | 39.4% |
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% |
| RSP | +2.5% | +15.8% | +22.4% | +14.8% | +9.2% | +12.0% | 1.46% |
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 RSP →
Shared Holdings(87)
The top 10 shared positions account for 17% of the overlap, led by INTC, STX and AMD.
 INTCIntel Corp. | 1.25% | 0.38% | 0.38% |
|---|---|---|---|
 STXSeagate Technology Holdings PLC | 0.48% | 0.34% | 0.34% |
 AMDAdvanced Micro Devices, Inc. | 1.88% | 0.33% | 0.33% |
 WDCWestern Digital Corp. | 0.52% | 0.31% | 0.31% |
 MPWRMonolithic Power Systems, Inc. | 0.30% | 0.29% | 0.29% |
 NXPINXP Semiconductors N.V. | 0.28% | 0.28% | 0.28% |
 TXNTexas Instruments Inc. | 1.00% | 0.27% | 0.27% |
 QCOMQUALCOMM Inc. | 0.78% | 0.26% | 0.26% |
 ADIAnalog Devices, Inc. | 0.88% | 0.24% | 0.24% |
 AMZNAmazon.com, Inc. | 4.58% | 0.24% | 0.24% |
 MUMicron Technology, Inc. | 2.15% | 0.24% | 0.24% |
 AVGOBroadcom Inc. | 3.01% | 0.23% | 0.23% |
 KLACKLA Corp. | 1.09% | 0.23% | 0.23% |
 BKRBaker Hughes Co., Class A | 0.34% | 0.23% | 0.23% |
 LRCXLam Research Corp. | 1.51% | 0.23% | 0.23% |
 CSCOCisco Systems, Inc. | 1.73% | 0.22% | 0.22% |
 FANGDiamondback Energy, Inc. | 0.32% | 0.22% | 0.22% |
 CSXCSX Corp. | 0.43% | 0.22% | 0.22% |
 ODFLOld Dominion Freight Line, Inc. | 0.23% | 0.22% | 0.22% |
 AMATApplied Materials, Inc. | 1.53% | 0.22% | 0.22% |
 CDNSCadence Design Systems, Inc. | 0.43% | 0.22% | 0.22% |
 SNPSSynopsys, Inc. | 0.43% | 0.21% | 0.21% |
 MDLZMondelez International, Inc., Class A | 0.42% | 0.21% | 0.21% |
 MARMarriott International, Inc., Class A | 0.49% | 0.21% | 0.21% |
 PYPLPayPal Holdings, Inc. | 0.24% | 0.21% | 0.21% |
Frequently Asked Questions
How much do QQQ and RSP overlap?
QQQ and RSP overlap by 17.4% of portfolio weight. They share 87 holdings (QQQ holds 101 positions and RSP holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQQ and RSP?
The two portfolios are 17.4% 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 QQQ and RSP?
The largest positions held by both funds are INTC, STX, AMD, WDC and MPWR. Together the top 10 shared positions account for 17% of the total overlap.
What does QQQ own that RSP doesn't?
14 positions (4.6% of QQQ) are unique to QQQ, led by SHOP, ASML and MELI. In the other direction, 417 positions (81.8% of RSP) are unique to RSP.