QQQ vs SDY: Holdings Overlap
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
SDYState Street® SPDR® S&P® Dividend ETF
State Street (SPDR) · 154 holdings · $22.0B · as of 2026-08-06
Holdings snapshots are 128 days apart (QQQ: 2026-03-31, SDY: 2026-08-06). 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 SDY?
Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101 positions; State Street® SPDR® S&P® Dividend ETF (SDY, by State Street (SPDR)) holds 154. They have 15 holdings in common, and by portfolio weight the two funds are 7.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 15QQQ holds 101 · SDY holds 154
- Weight in Shared Holdings
- QQQ 19%·SDY 12%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
86 of 101 positions (80.9% of the fund) are not held by SDY. Showing the top 30 by weight.
Sector Breakdown
| Sector | QQQ | SDY |
|---|---|---|
| Information Technology | 49.7% | 7.9% |
| Industrials | 4.2% | 18.7% |
| Communication Services | 16.0% | 3.0% |
| Consumer Staples | 8.5% | 15.2% |
| Utilities | 1.5% | 13.2% |
| Other Sectors | 19.9% | 41.8% |
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% |
| SDY | +1.4% | +14.8% | +16.9% | +10.8% | +7.8% | +9.4% | 2.36% |
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 SDY →
Shared Holdings(15)
The top 10 shared positions account for 82% of the overlap, led by PEP, QCOM and TXN.
 PEPPepsico Inc COM | 1.20% | 1.91% | 1.20% |
|---|---|---|---|
 QCOMQUALCOMM Inc. COM | 0.78% | 0.78% | 0.78% |
 TXNTexas Instruments Inc. COM | 1.00% | 0.77% | 0.77% |
 MSFTMicrosoft Corp. COM | 5.63% | 0.53% | 0.53% |
 LINLinde PLC COM EUR0.001 | 1.30% | 0.51% | 0.51% |
 ADPAutomatic Data Processing, Inc. COM | 0.46% | 1.46% | 0.46% |
 ADIAnalog Devices Inc. COM | 0.88% | 0.46% | 0.46% |
 CSXCSX Corporation COM | 0.43% | 0.51% | 0.43% |
 WMTWalmart Inc COM | 3.43% | 0.38% | 0.38% |
 CTASCintas Corporation COM | 0.38% | 0.45% | 0.38% |
 FASTFastenal Co. COM | 0.30% | 0.96% | 0.30% |
 XELXcel Energy Inc COM | 0.28% | 1.21% | 0.28% |
 COSTCostco Wholesale Corporation COM | 2.50% | 0.28% | 0.28% |
 ROPRoper Technologies Inc COM | 0.21% | 0.54% | 0.21% |
 MCHPMicrochip Technology Incorporated COM | 0.20% | 0.75% | 0.20% |
Frequently Asked Questions
How much do QQQ and SDY overlap?
QQQ and SDY overlap by 7.2% of portfolio weight. They share 15 holdings (QQQ holds 101 positions and SDY holds 154), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQQ and SDY?
The two portfolios are 7.2% 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 SDY?
The largest positions held by both funds are PEP, QCOM, TXN, MSFT and LIN. Together the top 10 shared positions account for 82% of the total overlap.
What does QQQ own that SDY doesn't?
86 positions (80.9% of QQQ) are unique to QQQ, led by NVDA, AAPL and AMZN. In the other direction, 139 positions (88.3% of SDY) are unique to SDY.