QQQ vs VLUE: Holdings Overlap
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
VLUEiShares MSCI USA Value Factor ETF
iShares · 148 holdings · $9.5B · as of 2026-04-30
Holdings snapshots are 30 days apart (QQQ: 2026-03-31, VLUE: 2026-04-30). 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 VLUE?
Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101 positions; iShares MSCI USA Value Factor ETF (VLUE, by iShares) holds 148. They have 17 holdings in common, and by portfolio weight the two funds are 11.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 11.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 17QQQ holds 101 · VLUE holds 148
- Weight in Shared Holdings
- QQQ 11%·VLUE 40%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
84 of 101 positions (88.8% of the fund) are not held by VLUE. Showing the top 30 by weight.
Sector Breakdown
| Sector | QQQ | VLUE |
|---|---|---|
| Information Technology | 49.7% | 43.9% |
| Communication Services | 16.0% | 8.3% |
| Consumer Discretionary | 12.6% | 8.0% |
| Financials | 0.2% | 10.9% |
| Consumer Staples | 8.5% | 4.0% |
| Other Sectors | 12.8% | 24.7% |
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% |
| VLUE | +3.0% | +45.7% | +77.9% | +30.1% | +16.5% | +14.7% | 1.42% |
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 VLUE →
Shared Holdings(17)
The top 10 shared positions account for 87% of the overlap, led by MU, CSCO and AMAT.
 MUMicron Technology Inc. COM | 2.15% | 11.60% | 2.15% |
|---|---|---|---|
 CSCOCisco Systems, Inc. COM | 1.73% | 4.96% | 1.73% |
 AMATApplied Materials Inc. COM | 1.53% | 3.66% | 1.53% |
 INTCIntel Corporation COM | 1.25% | 9.26% | 1.25% |
 QCOMQUALCOMM Inc. COM | 0.78% | 1.80% | 0.78% |
 CMCSAComcast Corporation CL A | 0.58% | 1.50% | 0.58% |
 WDCWestern Digital Corp. COM | 0.52% | 1.88% | 0.52% |
 CSXCSX Corporation COM | 0.43% | 0.64% | 0.43% |
 PCARPaccar Inc COM | 0.34% | 0.90% | 0.34% |
 FANGDiamondback Energy Inc COM | 0.32% | 0.46% | 0.32% |
 NXPINXP Semiconductors NV EUR0.20 | 0.28% | 1.00% | 0.28% |
 EXCExelon Corp. COM | 0.28% | 0.27% | 0.27% |
 MSTRStrategy, Inc., Class A | 0.22% | 0.30% | 0.22% |
 ROPRoper Technologies Inc COM | 0.21% | 0.21% | 0.21% |
 CTSHCognizant Technology Solutions Corp., Class A | 0.17% | 0.51% | 0.17% |
 CHTRCharter Communications, Inc., Class A | 0.15% | 0.16% | 0.15% |
 KHCThe Kraft Heinz Co. COM | 0.15% | 0.65% | 0.15% |
Frequently Asked Questions
How much do QQQ and VLUE overlap?
QQQ and VLUE overlap by 11.1% of portfolio weight. They share 17 holdings (QQQ holds 101 positions and VLUE holds 148), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQQ and VLUE?
The two portfolios are 11.1% 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 VLUE?
The largest positions held by both funds are MU, CSCO, AMAT, INTC and QCOM. Together the top 10 shared positions account for 87% of the total overlap.
What does QQQ own that VLUE doesn't?
84 positions (88.8% of QQQ) are unique to QQQ, led by NVDA, AAPL and MSFT. In the other direction, 131 positions (60.0% of VLUE) are unique to VLUE.