QQQM vs SCHG: Holdings Overlap
Invesco · 101 holdings · $97.1B · as of 2026-05-31
SCHGSchwab U.S. Large-Cap Growth ETF
Schwab · 193 holdings · $62.4B · as of 2026-05-31
How similar are QQQM and SCHG?
Invesco NASDAQ 100 ETF (QQQM, by Invesco) holds 101 positions; Schwab U.S. Large-Cap Growth ETF (SCHG, by Schwab) holds 193. They have 47 holdings in common, and by portfolio weight the two funds are 59.4% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 59.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 47QQQM holds 101 · SCHG holds 193
- Weight in Shared Holdings
- QQQM 65%·SCHG 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
54 of 101 positions (34.8% of the fund) are not held by SCHG. Showing the top 30 by weight.
Sector Breakdown
| Sector | QQQM | SCHG |
|---|---|---|
| Information Technology | 57.8% | 45.9% |
| Communication Services | 14.2% | 15.3% |
| Consumer Discretionary | 11.4% | 12.3% |
| Health Care | 3.7% | 8.4% |
| Financials | 0.2% | 6.8% |
| Other Sectors | 12.3% | 11.2% |
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% |
| SCHG | +4.3% | +9.9% | +19.1% | +24.1% | +14.0% | +18.6% | 0.37% |
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 SCHG →
Shared Holdings(47)
The top 10 shared positions account for 75% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. | 8.13% | 11.01% | 8.13% |
|---|---|---|---|
 AAPLApple Inc. | 7.26% | 9.83% | 7.26% |
 MSFTMicrosoft Corp. | 5.30% | 7.17% | 5.30% |
 AMZNAmazon.com, Inc. | 4.60% | 5.67% | 4.60% |
 GOOGLAlphabet Inc., Class A | 3.51% | 4.75% | 3.51% |
 TSLATesla, Inc. | 3.45% | 3.91% | 3.45% |
 AVGOBroadcom Inc. | 3.36% | 4.55% | 3.36% |
 GOOGAlphabet Inc., Class C | 3.24% | 3.78% | 3.24% |
 METAMeta Platforms, Inc., Class A | 2.96% | 3.45% | 2.96% |
 AMDAdvanced Micro Devices, Inc. | 3.68% | 2.93% | 2.93% |
 COSTCostco Wholesale Corp. | 1.86% | 1.48% | 1.48% |
 NFLXNetflix, Inc. | 1.59% | 1.27% | 1.27% |
 PLTRPalantir Technologies Inc., Class A | 1.57% | 1.25% | 1.25% |
 KLACKLA Corp. | 1.10% | 0.88% | 0.88% |
 LINLinde PLC | 1.01% | 0.81% | 0.81% |
 PANWPalo Alto Networks, Inc. | 1.01% | 0.79% | 0.79% |
 CRWDCrowdStrike Holdings, Inc., Class A | 0.81% | 0.64% | 0.64% |
 APPAppLovin Corp. | 0.82% | 0.58% | 0.58% |
 ISRGIntuitive Surgical, Inc. | 0.66% | 0.53% | 0.53% |
 BKNGBooking Holdings Inc. | 0.58% | 0.47% | 0.47% |
 VRTXVertex Pharmaceuticals Inc. | 0.50% | 0.40% | 0.40% |
 ADBEAdobe Inc. | 0.46% | 0.37% | 0.37% |
 CDNSCadence Design Systems, Inc. | 0.45% | 0.36% | 0.36% |
 INTUIntuit Inc. | 0.40% | 0.32% | 0.32% |
 SNPSSynopsys, Inc. | 0.40% | 0.32% | 0.32% |
Frequently Asked Questions
How much do QQQM and SCHG overlap?
QQQM and SCHG overlap by 59.4% of portfolio weight. They share 47 holdings (QQQM holds 101 positions and SCHG holds 193), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQQM and SCHG?
The two portfolios are 59.4% 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 SCHG?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and GOOGL. Together the top 10 shared positions account for 75% of the total overlap.
What does QQQM own that SCHG doesn't?
54 positions (34.8% of QQQM) are unique to QQQM, led by MU, INTC and WMT. In the other direction, 146 positions (28.1% of SCHG) are unique to SCHG.