QQQ vs SPYV: Holdings Overlap
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
SPYVState Street® SPDR® Portfolio S&P 500® Value ETF
State Street (SPDR) · 438 holdings · $36.8B · as of 2026-08-06
Holdings snapshots are 128 days apart (QQQ: 2026-03-31, SPYV: 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 SPYV?
Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101 positions; State Street® SPDR® Portfolio S&P 500® Value ETF (SPYV, by State Street (SPDR)) holds 438. They have 62 holdings in common, and by portfolio weight the two funds are 30.9% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 30.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 62QQQ holds 101 · SPYV holds 438
- Weight in Shared Holdings
- QQQ 50%·SPYV 31%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
39 of 101 positions (50.3% of the fund) are not held by SPYV. Showing the top 30 by weight.
Sector Breakdown
| Sector | QQQ | SPYV |
|---|---|---|
| Information Technology | 49.7% | 19.6% |
| Financials | 0.2% | 16.3% |
| Communication Services | 16.0% | 3.0% |
| Consumer Discretionary | 12.6% | 10.3% |
| Health Care | 5.1% | 12.4% |
| Other Sectors | 16.3% | 38.4% |
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% |
| SPYV | +2.2% | +12.1% | +21.6% | +14.8% | +11.7% | +11.9% | 1.66% |
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 SPYV →
Shared Holdings(62)
The top 10 shared positions account for 66% of the overlap, led by AAPL, AMZN and WMT.
 AAPLApple Inc. COM | 7.63% | 7.66% | 7.63% |
|---|---|---|---|
 AMZNAmazon.com, Inc. COM | 4.58% | 4.18% | 4.18% |
 WMTWalmart Inc COM | 3.43% | 1.64% | 1.64% |
 COSTCostco Wholesale Corporation COM | 2.50% | 1.41% | 1.41% |
 INTCIntel Corporation COM | 1.25% | 1.58% | 1.25% |
 TSLATesla Inc COM | 3.80% | 1.14% | 1.14% |
 TXNTexas Instruments Inc. COM | 1.00% | 0.85% | 0.85% |
 LINLinde PLC COM EUR0.001 | 1.30% | 0.76% | 0.76% |
 CSCOCisco Systems, Inc. COM | 1.73% | 0.75% | 0.75% |
 PEPPepsico Inc COM | 1.20% | 0.63% | 0.63% |
 ADIAnalog Devices Inc. COM | 0.88% | 0.62% | 0.62% |
 QCOMQUALCOMM Inc. COM | 0.78% | 0.56% | 0.56% |
 WDCWestern Digital Corp. COM | 0.52% | 0.52% | 0.52% |
 PANWPalo Alto Networks Inc COM | 0.74% | 0.43% | 0.43% |
 VRTXVertex Pharmaceuticals Incorporated COM | 0.64% | 0.41% | 0.41% |
 SBUXStarbucks Corp. COM | 0.58% | 0.40% | 0.40% |
 ADPAutomatic Data Processing, Inc. COM | 0.46% | 0.37% | 0.37% |
 ADBEAdobe Inc COM | 0.56% | 0.35% | 0.35% |
 MRVLMarvell Technology Inc COM | 0.49% | 0.33% | 0.33% |
 CSXCSX Corporation COM | 0.43% | 0.31% | 0.31% |
 CMCSAComcast Corporation CL A | 0.58% | 0.30% | 0.30% |
 TMUST-Mobile US Inc COM | 1.31% | 0.28% | 0.28% |
 MDLZMondelez International, Inc., Class A | 0.42% | 0.27% | 0.27% |
 SNPSSynopsys Inc COM | 0.43% | 0.26% | 0.26% |
 REGNRegeneron Pharmaceuticals, Inc. COM | 0.45% | 0.26% | 0.26% |
Frequently Asked Questions
How much do QQQ and SPYV overlap?
QQQ and SPYV overlap by 30.9% of portfolio weight. They share 62 holdings (QQQ holds 101 positions and SPYV holds 438), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQQ and SPYV?
The two portfolios are 30.9% 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 SPYV?
The largest positions held by both funds are AAPL, AMZN, WMT, COST and INTC. Together the top 10 shared positions account for 66% of the total overlap.
What does QQQ own that SPYV doesn't?
39 positions (50.3% of QQQ) are unique to QQQ, led by NVDA, MSFT and META. In the other direction, 376 positions (68.6% of SPYV) are unique to SPYV.