QQQ vs VFLO: Holdings Overlap
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
VFLOVictoryShares Free Cash Flow ETF
VictoryShares · 50 holdings · $9.6B · as of 2026-03-31
How similar are QQQ and VFLO?
Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101 positions; VictoryShares Free Cash Flow ETF (VFLO, by VictoryShares) holds 50. They have 8 holdings in common, and by portfolio weight the two funds are 2.9% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 8QQQ holds 101 · VFLO holds 50
- Weight in Shared Holdings
- QQQ 3%·VFLO 17%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
93 of 101 positions (97.0% of the fund) are not held by VFLO. Showing the top 30 by weight.
Sector Breakdown
| Sector | QQQ | VFLO |
|---|---|---|
| Information Technology | 49.7% | 30.0% |
| Consumer Discretionary | 12.6% | 17.9% |
| Health Care | 5.1% | 17.6% |
| Communication Services | 16.0% | 4.8% |
| Energy | 0.7% | 12.8% |
| Other Sectors | 15.9% | 16.4% |
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% |
| VFLO | +8.6% | +31.3% | +51.6% | +26.1% | — | — | 1.09% |
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 VFLO →
Shared Holdings(8)
The top 8 shared positions account for 100% of the overlap, led by BKNG, ADBE and ADP.
 BKNGBooking Holdings Inc COM | 0.75% | 2.59% | 0.75% |
|---|---|---|---|
 ADBEAdobe Inc COM | 0.56% | 3.08% | 0.56% |
 ADPAutomatic Data Processing, Inc. COM | 0.46% | 1.73% | 0.46% |
 FANGDiamondback Energy Inc COM | 0.32% | 2.39% | 0.32% |
 ABNBAirbnb, Inc., Class A | 0.30% | 1.99% | 0.30% |
 PAYXPaychex Inc COM | 0.19% | 1.29% | 0.19% |
 CTSHCognizant Technology Solutions Corp., Class A | 0.17% | 2.21% | 0.17% |
 WDAYWorkday, Inc., Class A | 0.16% | 2.02% | 0.16% |
Frequently Asked Questions
How much do QQQ and VFLO overlap?
QQQ and VFLO overlap by 2.9% of portfolio weight. They share 8 holdings (QQQ holds 101 positions and VFLO holds 50), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQQ and VFLO?
The two portfolios are 2.9% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of QQQ and VFLO?
The largest positions held by both funds are BKNG, ADBE, ADP, FANG and ABNB. Together the top 8 shared positions account for 100% of the total overlap.
What does QQQ own that VFLO doesn't?
93 positions (97.0% of QQQ) are unique to QQQ, led by NVDA, AAPL and MSFT. In the other direction, 42 positions (82.2% of VFLO) are unique to VFLO.