QQQ vs SKYY: Holdings Overlap
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
SKYYFirst Trust Cloud Computing ETF
First Trust · 62 holdings · $3.1B · as of 2026-03-31
How similar are QQQ and SKYY?
Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101 positions; First Trust Cloud Computing ETF (SKYY, by First Trust) holds 62. They have 14 holdings in common, and by portfolio weight the two funds are 16.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 16.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 14QQQ holds 101 · SKYY holds 62
- Weight in Shared Holdings
- QQQ 20%·SKYY 24%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
87 of 101 positions (79.9% of the fund) are not held by SKYY. Showing the top 30 by weight.
Sector Breakdown
| Sector | QQQ | SKYY |
|---|---|---|
| Information Technology | 49.7% | 82.6% |
| Communication Services | 16.0% | 8.7% |
| Consumer Discretionary | 12.6% | 3.7% |
| Consumer Staples | 8.5% | 0.0% |
| Health Care | 5.1% | 0.6% |
| Other Sectors | 8.0% | 1.2% |
| Unclassified | 0.0% | 3.1% |
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. “Unclassified” is weight we could not classify (0% of QQQ, 3% of SKYY).
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% |
| SKYY | +12.3% | +20.1% | +27.6% | +25.7% | +8.0% | +17.1% | — |
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 SKYY →
Shared Holdings(14)
The top 10 shared positions account for 97% of the overlap, led by AMZN, MSFT and GOOGL.
 AMZNAmazon.com, Inc. COM | 4.58% | 3.68% | 3.68% |
|---|---|---|---|
 MSFTMicrosoft Corp. COM | 5.63% | 3.50% | 3.50% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.43% | 3.42% | 3.42% |
 CSCOCisco Systems, Inc. COM | 1.73% | 2.42% | 1.73% |
 SHOPShopify Inc CL A SUB VTG SHS | 0.82% | 1.82% | 0.82% |
 APPAppLovin Corp., Class A | 0.69% | 1.70% | 0.69% |
 PANWPalo Alto Networks Inc COM | 0.74% | 0.67% | 0.67% |
 INTUIntuit Inc COM | 0.68% | 0.65% | 0.65% |
 ADBEAdobe Inc COM | 0.56% | 1.72% | 0.56% |
 CRWDCrowdStrike Holdings, Inc., Class A | 0.56% | 0.65% | 0.56% |
 DDOGDatadog, Inc., Class A | 0.22% | 0.65% | 0.22% |
 WDAYWorkday, Inc., Class A | 0.16% | 0.60% | 0.16% |
 ZSZscaler Inc COM | 0.13% | 0.59% | 0.13% |
 TEAMAtlassian Corporation CL A | 0.07% | 1.69% | 0.07% |
Frequently Asked Questions
How much do QQQ and SKYY overlap?
QQQ and SKYY overlap by 16.9% of portfolio weight. They share 14 holdings (QQQ holds 101 positions and SKYY holds 62), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQQ and SKYY?
The two portfolios are 16.9% 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 SKYY?
The largest positions held by both funds are AMZN, MSFT, GOOGL, CSCO and SHOP. Together the top 10 shared positions account for 97% of the total overlap.
What does QQQ own that SKYY doesn't?
87 positions (79.9% of QQQ) are unique to QQQ, led by NVDA, AAPL and TSLA. In the other direction, 48 positions (76.2% of SKYY) are unique to SKYY.