QQQ vs VONV: Holdings Overlap
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
VONVVanguard Russell 1000 Value Index Fund
Vanguard · 865 holdings · $21.9B · as of 2026-05-31
Holdings snapshots are 61 days apart (QQQ: 2026-03-31, VONV: 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 VONV?
Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101 positions; Vanguard Russell 1000 Value Index Fund (VONV, by Vanguard) holds 865. They have 58 holdings in common, and by portfolio weight the two funds are 24.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 24.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 58QQQ holds 101 · VONV holds 865
- Weight in Shared Holdings
- QQQ 49%·VONV 26%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
43 of 101 positions (51.0% of the fund) are not held by VONV. Showing the top 30 by weight.
Sector Breakdown
| Sector | QQQ | VONV |
|---|---|---|
| Information Technology | 49.7% | 17.8% |
| Financials | 0.2% | 18.5% |
| Communication Services | 16.0% | 8.1% |
| Industrials | 4.2% | 12.7% |
| Consumer Discretionary | 12.6% | 6.9% |
| Other Sectors | 17.2% | 35.5% |
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% |
| VONV | +4.0% | +23.4% | +34.7% | +19.1% | +12.1% | +11.8% | 1.52% |
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 VONV →
Shared Holdings(58)
The top 10 shared positions account for 61% of the overlap, led by GOOGL, MU and AMZN.
 GOOGLAlphabet Inc. CAP STK CL A | 3.43% | 2.32% | 2.32% |
|---|---|---|---|
 MUMicron Technology Inc. COM | 2.15% | 3.22% | 2.15% |
 AMZNAmazon.com, Inc. COM | 4.58% | 2.12% | 2.12% |
 GOOGAlphabet Inc. CAP STK CL C | 3.20% | 1.89% | 1.89% |
 CSCOCisco Systems, Inc. COM | 1.73% | 1.42% | 1.42% |
 WMTWalmart Inc COM | 3.43% | 1.35% | 1.35% |
 INTCIntel Corporation COM | 1.25% | 1.50% | 1.25% |
 AMDAdvanced Micro Devices Inc. COM | 1.88% | 1.02% | 1.02% |
 AMATApplied Materials Inc. COM | 1.53% | 0.76% | 0.76% |
 METAMeta Platforms, Inc., Class A | 3.46% | 0.73% | 0.73% |
 LINLinde PLC COM EUR0.001 | 1.30% | 0.69% | 0.69% |
 QCOMQUALCOMM Inc. COM | 0.78% | 0.61% | 0.61% |
 ADIAnalog Devices Inc. COM | 0.88% | 0.60% | 0.60% |
 WDCWestern Digital Corp. COM | 0.52% | 0.54% | 0.52% |
 PEPPepsico Inc COM | 1.20% | 0.51% | 0.51% |
 TXNTexas Instruments Inc. COM | 1.00% | 0.49% | 0.49% |
 MRVLMarvell Technology Inc COM | 0.49% | 0.48% | 0.48% |
 HONHoneywell International Inc. COM | 0.81% | 0.45% | 0.45% |
 GILDGilead Sciences Inc. COM | 0.98% | 0.36% | 0.36% |
 SBUXStarbucks Corp. COM | 0.58% | 0.29% | 0.29% |
 TMUST-Mobile US Inc COM | 1.31% | 0.27% | 0.27% |
 CMCSAComcast Corporation CL A | 0.58% | 0.27% | 0.27% |
 CEGConstellation Energy Corp. COM | 0.57% | 0.27% | 0.27% |
 CSXCSX Corporation COM | 0.43% | 0.25% | 0.25% |
 MDLZMondelez International, Inc., Class A | 0.42% | 0.24% | 0.24% |
Frequently Asked Questions
How much do QQQ and VONV overlap?
QQQ and VONV overlap by 24.5% of portfolio weight. They share 58 holdings (QQQ holds 101 positions and VONV holds 865), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQQ and VONV?
The two portfolios are 24.5% 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 VONV?
The largest positions held by both funds are GOOGL, MU, AMZN, GOOG and CSCO. Together the top 10 shared positions account for 61% of the total overlap.
What does QQQ own that VONV doesn't?
43 positions (51.0% of QQQ) are unique to QQQ, led by NVDA, AAPL and MSFT. In the other direction, 807 positions (73.7% of VONV) are unique to VONV.