QQQM vs VUG: Holdings Overlap
Invesco · 101 holdings · $97.1B · as of 2026-05-31
Vanguard · 153 holdings · $229.6B · as of 2026-03-31
Holdings snapshots are 61 days apart (QQQM: 2026-05-31, VUG: 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 VUG?
Invesco NASDAQ 100 ETF (QQQM, by Invesco) holds 101 positions; Vanguard Growth Index Fund (VUG, by Vanguard) holds 153. They have 56 holdings in common, and by portfolio weight the two funds are 58.0% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 58.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 56QQQM holds 101 · VUG holds 153
- Weight in Shared Holdings
- QQQM 73%·VUG 78%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
45 of 101 positions (27.1% of the fund) are not held by VUG. Showing the top 30 by weight.
Sector Breakdown
| Sector | QQQM | VUG |
|---|---|---|
| Information Technology | 57.8% | 51.9% |
| Communication Services | 14.2% | 16.5% |
| Consumer Discretionary | 11.4% | 12.5% |
| Consumer Staples | 6.4% | 1.7% |
| Health Care | 3.7% | 5.4% |
| Other Sectors | 6.0% | 12.0% |
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% |
| VUG | +4.1% | +10.2% | +18.2% | +24.1% | +13.0% | +17.8% | 0.38% |
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 VUG →
Shared Holdings(56)
The top 10 shared positions account for 75% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 8.13% | 13.31% | 8.13% |
|---|---|---|---|
 AAPLApple Inc. COM | 7.26% | 12.32% | 7.26% |
 MSFTMicrosoft Corp. COM | 5.30% | 9.09% | 5.30% |
 AMZNAmazon.com, Inc. COM | 4.60% | 4.59% | 4.59% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.51% | 5.54% | 3.51% |
 TSLATesla Inc COM | 3.45% | 3.47% | 3.45% |
 AVGOBroadcom Inc COM | 3.36% | 4.40% | 3.36% |
 GOOGAlphabet Inc. CAP STK CL C | 3.24% | 4.39% | 3.24% |
 METAMeta Platforms, Inc., Class A | 2.96% | 4.15% | 2.96% |
 COSTCostco Wholesale Corporation COM | 1.86% | 1.48% | 1.48% |
 NFLXNetflix, Inc. COM | 1.59% | 1.36% | 1.36% |
 AMDAdvanced Micro Devices Inc. COM | 3.68% | 1.11% | 1.11% |
 PLTRPalantir Technologies, Inc., Class A | 1.57% | 1.07% | 1.07% |
 LRCXLam Research Corporation COM NEW | 1.74% | 0.90% | 0.90% |
 KLACKLA Corp. COM NEW | 1.10% | 0.66% | 0.66% |
 ISRGIntuitive Surgical Inc. COM NEW | 0.66% | 0.56% | 0.56% |
 AMATApplied Materials Inc. COM | 1.56% | 0.47% | 0.47% |
 BKNGBooking Holdings Inc COM | 0.58% | 0.46% | 0.46% |
 PANWPalo Alto Networks Inc COM | 1.01% | 0.45% | 0.45% |
 INTUIntuit Inc COM | 0.40% | 0.41% | 0.40% |
 VRTXVertex Pharmaceuticals Incorporated COM | 0.50% | 0.39% | 0.39% |
 SBUXStarbucks Corp. COM | 0.49% | 0.35% | 0.35% |
 ADBEAdobe Inc COM | 0.46% | 0.34% | 0.34% |
 APPAppLovin Corp., Class A | 0.82% | 0.34% | 0.34% |
 SNDKSandisk Corporation COM | 1.09% | 0.33% | 0.33% |
Frequently Asked Questions
How much do QQQM and VUG overlap?
QQQM and VUG overlap by 58.0% of portfolio weight. They share 56 holdings (QQQM holds 101 positions and VUG holds 153), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QQQM and VUG?
The two portfolios are 58.0% 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 VUG?
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 VUG doesn't?
45 positions (27.1% of QQQM) are unique to QQQM, led by MU, INTC and WMT. In the other direction, 97 positions (22.4% of VUG) are unique to VUG.