QQQ vs VOE: Holdings Overlap
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
VOEVanguard Mid-cap Value Index Fund
Vanguard · 170 holdings · $24.2B · as of 2026-03-31
How similar are QQQ and VOE?
Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101 positions; Vanguard Mid-cap Value Index Fund (VOE, by Vanguard) holds 170. They have 16 holdings in common, and by portfolio weight the two funds are 4.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 16QQQ holds 101 · VOE holds 170
- Weight in Shared Holdings
- QQQ 4%·VOE 12%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
85 of 101 positions (95.6% of the fund) are not held by VOE. Showing the top 30 by weight.
Sector Breakdown
| Sector | QQQ | VOE |
|---|---|---|
| Information Technology | 49.7% | 8.2% |
| Financials | 0.2% | 17.6% |
| Communication Services | 16.0% | 2.3% |
| Industrials | 4.2% | 13.6% |
| Energy | 0.7% | 13.0% |
| Other Sectors | 29.1% | 44.7% |
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% |
| VOE | +3.2% | +17.9% | +26.2% | +15.9% | +10.1% | +10.8% | 1.80% |
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 VOE →
Shared Holdings(16)
The top 10 shared positions account for 75% of the overlap, led by WDC, WBD and PCAR.
 WDCWestern Digital Corp. COM | 0.52% | 0.86% | 0.52% |
|---|---|---|---|
 WBDWarner Bros. Discovery Inc. COM SER A | 0.39% | 1.21% | 0.39% |
 PCARPaccar Inc COM | 0.34% | 1.14% | 0.34% |
 BKRBaker Hughes Co., Class A | 0.34% | 1.13% | 0.34% |
 FANGDiamondback Energy Inc COM | 0.32% | 0.73% | 0.32% |
 EAElectronic Arts Inc. COM | 0.29% | 0.48% | 0.29% |
 EXCExelon Corp. COM | 0.28% | 0.93% | 0.28% |
 XELXcel Energy Inc COM | 0.28% | 0.93% | 0.28% |
 PYPLPaypal Holdings Inc. COM | 0.24% | 0.51% | 0.24% |
 MSTRStrategy, Inc., Class A | 0.22% | 0.73% | 0.22% |
 ROPRoper Technologies Inc COM | 0.21% | 0.68% | 0.21% |
 KDPKeurig Dr Pepper Inc COM | 0.20% | 0.64% | 0.20% |
 GEHCGE Healthcare Technologies Inc. COMMON STOCK | 0.18% | 0.58% | 0.18% |
 CTSHCognizant Technology Solutions Corp., Class A | 0.17% | 0.55% | 0.17% |
 CHTRCharter Communications, Inc., Class A | 0.15% | 0.33% | 0.15% |
 KHCThe Kraft Heinz Co. COM | 0.15% | 0.35% | 0.15% |
Frequently Asked Questions
How much do QQQ and VOE overlap?
QQQ and VOE overlap by 4.3% of portfolio weight. They share 16 holdings (QQQ holds 101 positions and VOE holds 170), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQQ and VOE?
The two portfolios are 4.3% 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 VOE?
The largest positions held by both funds are WDC, WBD, PCAR, BKR and FANG. Together the top 10 shared positions account for 75% of the total overlap.
What does QQQ own that VOE doesn't?
85 positions (95.6% of QQQ) are unique to QQQ, led by NVDA, AAPL and MSFT. In the other direction, 154 positions (87.7% of VOE) are unique to VOE.