QQQM vs IWF: Holdings Overlap
Invesco · 101 holdings · $97.1B · as of 2026-05-31
IWFiShares Russell 1000 Growth ETF
iShares · 387 holdings · $127.3B · as of 2026-03-31
Holdings snapshots are 61 days apart (QQQM: 2026-05-31, IWF: 2026-03-31). 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 QQQM and IWF?
Invesco NASDAQ 100 ETF (QQQM, by Invesco) holds 101 positions; iShares Russell 1000 Growth ETF (IWF, by iShares) holds 387. They have 61 holdings in common, and by portfolio weight the two funds are 57.0% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 57.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 61QQQM holds 101 · IWF holds 387
- Weight in Shared Holdings
- QQQM 76%·IWF 72%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 QQQM
40 of 101 positions (23.6% of the fund) are not held by IWF. Showing the top 30 by weight.
Sector Breakdown
| Sector | QQQM | IWF |
|---|---|---|
| Information Technology | 57.8% | 49.2% |
| Communication Services | 14.2% | 12.4% |
| Consumer Discretionary | 11.4% | 13.1% |
| Health Care | 3.7% | 8.0% |
| Industrials | 3.2% | 6.7% |
| Other Sectors | 9.3% | 10.4% |
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 |
|---|---|---|---|---|---|---|---|
| QQQM | +1.9% | +18.0% | +27.7% | +25.3% | +15.2% | — | 0.44% |
| IWF | +2.7% | +5.5% | +13.1% | +22.0% | +12.6% | +17.8% | 0.35% |
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 QQQM vs IWF →
Shared Holdings(61)
The top 10 shared positions account for 76% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 8.13% | 12.92% | 8.13% |
|---|---|---|---|
 AAPLApple Inc. COM | 7.26% | 11.64% | 7.26% |
 MSFTMicrosoft Corp. COM | 5.30% | 8.82% | 5.30% |
 AMZNAmazon.com, Inc. COM | 4.60% | 4.66% | 4.60% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.51% | 3.54% | 3.51% |
 TSLATesla Inc COM | 3.45% | 3.55% | 3.45% |
 AVGOBroadcom Inc COM | 3.36% | 4.79% | 3.36% |
 METAMeta Platforms, Inc., Class A | 2.96% | 3.46% | 2.96% |
 GOOGAlphabet Inc. CAP STK CL C | 3.24% | 2.87% | 2.87% |
 COSTCostco Wholesale Corporation COM | 1.86% | 1.60% | 1.60% |
 NFLXNetflix, Inc. COM | 1.59% | 1.47% | 1.47% |
 PLTRPalantir Technologies, Inc., Class A | 1.57% | 1.15% | 1.15% |
 LRCXLam Research Corporation COM NEW | 1.74% | 0.97% | 0.97% |
 KLACKLA Corp. COM NEW | 1.10% | 0.70% | 0.70% |
 AMDAdvanced Micro Devices Inc. COM | 3.68% | 0.69% | 0.69% |
 ISRGIntuitive Surgical Inc. COM NEW | 0.66% | 0.59% | 0.59% |
 AMGNAmgen Inc. COM | 0.79% | 0.50% | 0.50% |
 BKNGBooking Holdings Inc COM | 0.58% | 0.46% | 0.46% |
 PANWPalo Alto Networks Inc COM | 1.01% | 0.46% | 0.46% |
 VRTXVertex Pharmaceuticals Incorporated COM | 0.50% | 0.41% | 0.41% |
 INTUIntuit Inc COM | 0.40% | 0.43% | 0.40% |
 ADBEAdobe Inc COM | 0.46% | 0.36% | 0.36% |
 CRWDCrowdStrike Holdings, Inc., Class A | 0.81% | 0.35% | 0.35% |
 APPAppLovin Corp., Class A | 0.82% | 0.34% | 0.34% |
 AMATApplied Materials Inc. COM | 1.56% | 0.28% | 0.28% |
Frequently Asked Questions
How much do QQQM and IWF overlap?
QQQM and IWF overlap by 57.0% of portfolio weight. They share 61 holdings (QQQM holds 101 positions and IWF holds 387), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQQM and IWF?
The two portfolios are 57.0% 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 QQQM and IWF?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and GOOGL. Together the top 10 shared positions account for 76% of the total overlap.
What does QQQM own that IWF doesn't?
40 positions (23.6% of QQQM) are unique to QQQM, led by MU, INTC and CSCO. In the other direction, 326 positions (28.0% of IWF) are unique to IWF.