QQQM vs VONG: Holdings Overlap
Invesco · 101 holdings · $97.1B · as of 2026-05-31
VONGVanguard Russell 1000 Growth Index Fund
Vanguard · 387 holdings · $45.7B · as of 2026-05-31
How similar are QQQM and VONG?
Invesco NASDAQ 100 ETF (QQQM, by Invesco) holds 101 positions; Vanguard Russell 1000 Growth Index Fund (VONG, by Vanguard) holds 387. They have 61 holdings in common, and by portfolio weight the two funds are 57.4% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 57.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 61QQQM holds 101 · VONG holds 387
- Weight in Shared Holdings
- QQQM 76%·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 QQQM
40 of 101 positions (23.6% of the fund) are not held by VONG. Showing the top 30 by weight.
Sector Breakdown
| Sector | QQQM | VONG |
|---|---|---|
| Information Technology | 57.8% | 52.8% |
| Communication Services | 14.2% | 12.5% |
| Consumer Discretionary | 11.4% | 12.7% |
| Health Care | 3.7% | 6.9% |
| Consumer Staples | 6.4% | 2.4% |
| Other Sectors | 6.0% | 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 |
|---|---|---|---|---|---|---|---|
| QQQM | +1.9% | +18.0% | +27.7% | +25.3% | +15.2% | — | 0.44% |
| 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 QQQM vs VONG →
Shared Holdings(61)
The top 10 shared positions account for 75% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 8.13% | 13.07% | 8.13% |
|---|---|---|---|
 AAPLApple Inc. COM | 7.26% | 11.95% | 7.26% |
 MSFTMicrosoft Corp. COM | 5.30% | 8.96% | 5.30% |
 AMZNAmazon.com, Inc. COM | 4.60% | 5.06% | 4.60% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.51% | 3.91% | 3.51% |
 TSLATesla Inc COM | 3.45% | 3.48% | 3.45% |
 AVGOBroadcom Inc COM | 3.36% | 5.77% | 3.36% |
 GOOGAlphabet Inc. CAP STK CL C | 3.24% | 3.15% | 3.15% |
 METAMeta Platforms, Inc., Class A | 2.96% | 3.19% | 2.96% |
 AMDAdvanced Micro Devices Inc. COM | 3.68% | 1.47% | 1.47% |
 COSTCostco Wholesale Corporation COM | 1.86% | 1.28% | 1.28% |
 LRCXLam Research Corporation COM NEW | 1.74% | 1.20% | 1.20% |
 NFLXNetflix, Inc. COM | 1.59% | 1.10% | 1.10% |
 PLTRPalantir Technologies, Inc., Class A | 1.57% | 1.03% | 1.03% |
 KLACKLA Corp. COM NEW | 1.10% | 0.76% | 0.76% |
 PANWPalo Alto Networks Inc COM | 1.01% | 0.68% | 0.68% |
 CRWDCrowdStrike Holdings, Inc., Class A | 0.81% | 0.54% | 0.54% |
 ISRGIntuitive Surgical Inc. COM NEW | 0.66% | 0.45% | 0.45% |
 APPAppLovin Corp., Class A | 0.82% | 0.44% | 0.44% |
 AMGNAmgen Inc. COM | 0.79% | 0.40% | 0.40% |
 BKNGBooking Holdings Inc COM | 0.58% | 0.39% | 0.39% |
 TXNTexas Instruments Inc. COM | 1.21% | 0.34% | 0.34% |
 VRTXVertex Pharmaceuticals Incorporated COM | 0.50% | 0.34% | 0.34% |
 ADBEAdobe Inc COM | 0.46% | 0.32% | 0.32% |
 CDNSCadence Design Systems, Inc. COM | 0.45% | 0.31% | 0.31% |
Frequently Asked Questions
How much do QQQM and VONG overlap?
QQQM and VONG overlap by 57.4% of portfolio weight. They share 61 holdings (QQQM holds 101 positions and VONG holds 387), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQQM and VONG?
The two portfolios are 57.4% 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 VONG?
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 VONG doesn't?
40 positions (23.6% of QQQM) are unique to QQQM, led by MU, INTC and CSCO. In the other direction, 326 positions (25.6% of VONG) are unique to VONG.