QQQ vs SPMO: Holdings Overlap
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
SPMOInvesco S&P 500 Momentum ETF
Invesco · 99 holdings · $21.3B · as of 2026-05-31
Holdings snapshots are 61 days apart (QQQ: 2026-03-31, SPMO: 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 SPMO?
Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101 positions; Invesco S&P 500 Momentum ETF (SPMO, by Invesco) holds 99. They have 20 holdings in common, and by portfolio weight the two funds are 34.5% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 34.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 20QQQ holds 101 · SPMO holds 99
- Weight in Shared Holdings
- QQQ 36%·SPMO 59%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
81 of 101 positions (64.3% of the fund) are not held by SPMO. Showing the top 30 by weight.
Sector Breakdown
| Sector | QQQ | SPMO |
|---|---|---|
| Information Technology | 49.7% | 54.9% |
| Communication Services | 16.0% | 8.8% |
| Consumer Discretionary | 12.6% | 1.2% |
| Industrials | 4.2% | 12.4% |
| Consumer Staples | 8.5% | 4.0% |
| Other Sectors | 8.9% | 18.8% |
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% |
| SPMO | +0.2% | +26.0% | +29.7% | +39.1% | +20.9% | +20.0% | 0.70% |
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 SPMO →
Shared Holdings(20)
The top 10 shared positions account for 82% of the overlap, led by NVDA, GOOGL and GOOG.
 NVDANVIDIA Corp. | 8.68% | 8.46% | 8.46% |
|---|---|---|---|
 GOOGLAlphabet Inc., Class A | 3.43% | 4.81% | 3.43% |
 GOOGAlphabet Inc., Class C | 3.20% | 3.82% | 3.20% |
 AVGOBroadcom Inc. | 3.01% | 7.58% | 3.01% |
 MUMicron Technology, Inc. | 2.15% | 10.73% | 2.15% |
 AMDAdvanced Micro Devices, Inc. | 1.88% | 4.14% | 1.88% |
 CSCOCisco Systems, Inc. | 1.73% | 2.02% | 1.73% |
 AMATApplied Materials, Inc. | 1.53% | 1.77% | 1.53% |
 LRCXLam Research Corp. | 1.51% | 3.54% | 1.51% |
 PLTRPalantir Technologies Inc., Class A | 1.90% | 1.39% | 1.39% |
 INTCIntel Corp. | 1.25% | 2.95% | 1.25% |
 KLACKLA Corp. | 1.09% | 1.39% | 1.09% |
 GILDGilead Sciences, Inc. | 0.98% | 0.83% | 0.83% |
 ADIAnalog Devices, Inc. | 0.88% | 0.82% | 0.82% |
 WDCWestern Digital Corp. | 0.52% | 1.77% | 0.52% |
 STXSeagate Technology Holdings PLC | 0.48% | 1.88% | 0.48% |
 MNSTMonster Beverage Corp. | 0.40% | 0.45% | 0.40% |
 MPWRMonolithic Power Systems, Inc. | 0.30% | 0.32% | 0.30% |
 AEPAmerican Electric Power Co., Inc. | 0.40% | 0.30% | 0.30% |
 IDXXIDEXX Laboratories, Inc. | 0.25% | 0.19% | 0.19% |
Frequently Asked Questions
How much do QQQ and SPMO overlap?
QQQ and SPMO overlap by 34.5% of portfolio weight. They share 20 holdings (QQQ holds 101 positions and SPMO holds 99), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQQ and SPMO?
The two portfolios are 34.5% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of QQQ and SPMO?
The largest positions held by both funds are NVDA, GOOGL, GOOG, AVGO and MU. Together the top 10 shared positions account for 82% of the total overlap.
What does QQQ own that SPMO doesn't?
81 positions (64.3% of QQQ) are unique to QQQ, led by AAPL, MSFT and AMZN. In the other direction, 79 positions (40.9% of SPMO) are unique to SPMO.