QQQ vs SPLV: Holdings Overlap
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
SPLVInvesco S&P 500 Low Volatility ETF
Invesco · 100 holdings · $7.2B · as of 2026-05-31
Holdings snapshots are 61 days apart (QQQ: 2026-03-31, SPLV: 2026-05-31). 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 SPLV?
Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101 positions; Invesco S&P 500 Low Volatility ETF (SPLV, by Invesco) holds 100. They have 13 holdings in common, and by portfolio weight the two funds are 7.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 13QQQ holds 101 · SPLV holds 100
- Weight in Shared Holdings
- QQQ 12%·SPLV 13%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
88 of 101 positions (87.6% of the fund) are not held by SPLV. Showing the top 30 by weight.
Sector Breakdown
| Sector | QQQ | SPLV |
|---|---|---|
| Information Technology | 49.7% | 0.8% |
| Utilities | 1.5% | 25.0% |
| Financials | 0.2% | 21.0% |
| Real Estate | 0.1% | 17.7% |
| Communication Services | 16.0% | 0.9% |
| Other Sectors | 32.3% | 34.2% |
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% |
| SPLV | -0.7% | +8.1% | +6.1% | +9.1% | +6.0% | +8.3% | 2.12% |
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 SPLV →
Shared Holdings(13)
The top 10 shared positions account for 88% of the overlap, led by LIN, COST and PEP.
 LINLinde PLC | 1.30% | 1.17% | 1.17% |
|---|---|---|---|
 COSTCostco Wholesale Corp. | 2.50% | 1.02% | 1.02% |
 PEPPepsiCo, Inc. | 1.20% | 0.84% | 0.84% |
 HONHoneywell International Inc. | 0.81% | 0.98% | 0.81% |
 WMTWalmart Inc. | 3.43% | 0.78% | 0.78% |
 ADPAutomatic Data Processing, Inc. | 0.46% | 0.92% | 0.46% |
 ORLYO'Reilly Automotive, Inc. | 0.44% | 0.80% | 0.44% |
 MDLZMondelez International, Inc., Class A | 0.42% | 0.85% | 0.42% |
 AEPAmerican Electric Power Co., Inc. | 0.40% | 1.05% | 0.40% |
 MNSTMonster Beverage Corp. | 0.40% | 0.98% | 0.40% |
 CTASCintas Corp. | 0.38% | 1.05% | 0.38% |
 EXCExelon Corp. | 0.28% | 1.06% | 0.28% |
 XELXcel Energy Inc. | 0.28% | 0.99% | 0.28% |
Frequently Asked Questions
How much do QQQ and SPLV overlap?
QQQ and SPLV overlap by 7.7% of portfolio weight. They share 13 holdings (QQQ holds 101 positions and SPLV holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQQ and SPLV?
The two portfolios are 7.7% 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 SPLV?
The largest positions held by both funds are LIN, COST, PEP, HON and WMT. Together the top 10 shared positions account for 88% of the total overlap.
What does QQQ own that SPLV doesn't?
88 positions (87.6% of QQQ) are unique to QQQ, led by NVDA, AAPL and MSFT. In the other direction, 87 positions (87.2% of SPLV) are unique to SPLV.