QQQ vs XRT: Holdings Overlap
QQQInvesco QQQ Trust, Series 1
Invesco · 101 holdings · $479.2B · as of 2026-03-31
XRTState Street® SPDR® S&P® Retail ETF
State Street (SPDR) · 75 holdings · $485M · as of 2026-08-06
Holdings snapshots are 128 days apart (QQQ: 2026-03-31, XRT: 2026-08-06). 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 XRT?
Invesco QQQ Trust, Series 1 (QQQ, by Invesco) holds 101 positions; State Street® SPDR® S&P® Retail ETF (XRT, by State Street (SPDR)) holds 75. They have 5 holdings in common, and by portfolio weight the two funds are 4.8% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 5QQQ holds 101 · XRT holds 75
- Weight in Shared Holdings
- QQQ 11%·XRT 7%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
96 of 101 positions (88.5% of the fund) are not held by XRT. Showing the top 30 by weight.
Only in XRT
70 of 75 positions (93.1% of the fund) are not held by QQQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | QQQ | XRT |
|---|---|---|
| Consumer Discretionary | 12.6% | 79.2% |
| Information Technology | 49.7% | 0.0% |
| Consumer Staples | 8.5% | 19.8% |
| Communication Services | 16.0% | 0.0% |
| Health Care | 5.1% | 0.0% |
| Other Sectors | 8.0% | 0.0% |
| Unclassified | 0.0% | 0.9% |
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. “Unclassified” is weight we could not classify (0% of QQQ, 1% of XRT).
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% |
| XRT | +4.2% | +7.0% | +12.7% | +12.1% | +0.7% | +8.9% | 0.74% |
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 XRT →
Shared Holdings(5)
The top 5 shared positions account for 100% of the overlap, led by AMZN, COST and WMT.
Frequently Asked Questions
How much do QQQ and XRT overlap?
QQQ and XRT overlap by 4.8% of portfolio weight. They share 5 holdings (QQQ holds 101 positions and XRT holds 75), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQQ and XRT?
The two portfolios are 4.8% 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 XRT?
The largest positions held by both funds are AMZN, COST, WMT, ORLY and ROST. Together the top 5 shared positions account for 100% of the total overlap.
What does QQQ own that XRT doesn't?
96 positions (88.5% of QQQ) are unique to QQQ, led by NVDA, AAPL and MSFT. In the other direction, 70 positions (93.1% of XRT) are unique to XRT.