QQQ vs VONG: Holdings Overlap
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
VONGVanguard Russell 1000 Growth Index Fund
Vanguard · 387 holdings · $45.7B · as of 2026-05-31
Holdings snapshots are 61 days apart (QQQ: 2026-03-31, VONG: 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 VONG?
Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101 positions; Vanguard Russell 1000 Growth Index Fund (VONG, by Vanguard) holds 387. They have 62 holdings in common, and by portfolio weight the two funds are 58.5% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 58.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 62QQQ holds 101 · VONG holds 387
- Weight in Shared Holdings
- QQQ 79%·VONG 74%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 (20.5% of the fund) are not held by VONG. Showing the top 30 by weight.
Sector Breakdown
| Sector | QQQ | VONG |
|---|---|---|
| Information Technology | 49.7% | 52.8% |
| Communication Services | 16.0% | 12.5% |
| Consumer Discretionary | 12.6% | 12.7% |
| Consumer Staples | 8.5% | 2.4% |
| Health Care | 5.1% | 6.9% |
| Other Sectors | 8.0% | 12.5% |
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% |
| VONG | +2.7% | +5.6% | +13.3% | +22.2% | +12.8% | +17.9% | 0.45% |
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 VONG →
Shared Holdings(62)
The top 10 shared positions account for 76% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 8.68% | 13.07% | 8.68% |
|---|---|---|---|
 AAPLApple Inc. COM | 7.63% | 11.95% | 7.63% |
 MSFTMicrosoft Corp. COM | 5.63% | 8.96% | 5.63% |
 AMZNAmazon.com, Inc. COM | 4.58% | 5.06% | 4.58% |
 TSLATesla Inc COM | 3.80% | 3.48% | 3.48% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.43% | 3.91% | 3.43% |
 METAMeta Platforms, Inc., Class A | 3.46% | 3.19% | 3.19% |
 GOOGAlphabet Inc. CAP STK CL C | 3.20% | 3.15% | 3.15% |
 AVGOBroadcom Inc COM | 3.01% | 5.77% | 3.01% |
 AMDAdvanced Micro Devices Inc. COM | 1.88% | 1.47% | 1.47% |
 COSTCostco Wholesale Corporation COM | 2.50% | 1.28% | 1.28% |
 LRCXLam Research Corporation COM NEW | 1.51% | 1.20% | 1.20% |
 NFLXNetflix, Inc. COM | 2.30% | 1.10% | 1.10% |
 PLTRPalantir Technologies, Inc., Class A | 1.90% | 1.03% | 1.03% |
 KLACKLA Corp. COM NEW | 1.09% | 0.76% | 0.76% |
 PANWPalo Alto Networks Inc COM | 0.74% | 0.68% | 0.68% |
 CRWDCrowdStrike Holdings, Inc., Class A | 0.56% | 0.54% | 0.54% |
 ISRGIntuitive Surgical Inc. COM NEW | 0.93% | 0.45% | 0.45% |
 APPAppLovin Corp., Class A | 0.69% | 0.44% | 0.44% |
 AMGNAmgen Inc. COM | 1.07% | 0.40% | 0.40% |
 BKNGBooking Holdings Inc COM | 0.75% | 0.39% | 0.39% |
 TXNTexas Instruments Inc. COM | 1.00% | 0.34% | 0.34% |
 VRTXVertex Pharmaceuticals Incorporated COM | 0.64% | 0.34% | 0.34% |
 ADBEAdobe Inc COM | 0.56% | 0.32% | 0.32% |
 CDNSCadence Design Systems, Inc. COM | 0.43% | 0.31% | 0.31% |
Frequently Asked Questions
How much do QQQ and VONG overlap?
QQQ and VONG overlap by 58.5% of portfolio weight. They share 62 holdings (QQQ holds 101 positions and VONG holds 387), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQQ and VONG?
The two portfolios are 58.5% 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 VONG?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and TSLA. Together the top 10 shared positions account for 76% of the total overlap.
What does QQQ own that VONG doesn't?
39 positions (20.5% of QQQ) are unique to QQQ, led by MU, CSCO and TMUS. In the other direction, 325 positions (25.5% of VONG) are unique to VONG.