TDIV vs QQQI: Holdings Overlap
TDIVFirst Trust NASDAQ Technology Dividend Index Fund
First Trust · 95 holdings · $4.4B · as of 2026-03-31
QQQINEOS Nasdaq-100(R) High Income ETF
NEOS · 101 holdings · $13.9B · as of 2026-03-31
How similar are TDIV and QQQI?
First Trust NASDAQ Technology Dividend Index Fund (TDIV, by First Trust) holds 95 positions; NEOS Nasdaq-100(R) High Income ETF (QQQI, by NEOS) holds 101. They have 19 holdings in common, and by portfolio weight the two funds are 20.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 20.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 19TDIV holds 95 · QQQI holds 101
- Weight in Shared Holdings
- TDIV 48%·QQQI 21%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 TDIV
76 of 95 positions (51.4% of the fund) are not held by QQQI. Showing the top 30 by weight.
Sector Breakdown
| Sector | TDIV | QQQI |
|---|---|---|
| Information Technology | 80.7% | 49.3% |
| Communication Services | 14.1% | 15.9% |
| Consumer Discretionary | 0.0% | 12.5% |
| Consumer Staples | 0.0% | 8.5% |
| Health Care | 0.0% | 5.0% |
| Other Sectors | 2.1% | 7.9% |
| Unclassified | 2.9% | 0.0% |
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. “Unclassified” is weight we could not classify (3% of TDIV, 0% of QQQI).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| TDIV | +4.3% | +21.7% | +31.1% | +27.8% | +17.1% | +17.5% | 1.29% |
| QQQI | +1.3% | +11.3% | +20.0% | — | — | — | 13.81% |
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 TDIV vs QQQI →
Shared Holdings(19)
The top 10 shared positions account for 85% of the overlap, led by MSFT, AVGO and CSCO.
 MSFTMicrosoft Corp. COM | 7.87% | 5.62% | 5.62% |
|---|---|---|---|
 AVGOBroadcom Inc COM | 8.09% | 2.98% | 2.98% |
 CSCOCisco Systems, Inc. COM | 2.04% | 1.72% | 1.72% |
 AMATApplied Materials Inc. COM | 1.88% | 1.53% | 1.53% |
 TMUST-Mobile US Inc COM | 2.02% | 1.31% | 1.31% |
 KLACKLA Corp. COM NEW | 1.36% | 1.08% | 1.08% |
 TXNTexas Instruments Inc. COM | 7.64% | 0.99% | 0.99% |
 ADIAnalog Devices Inc. COM | 2.50% | 0.88% | 0.88% |
 QCOMQUALCOMM Inc. COM | 3.78% | 0.77% | 0.77% |
 INTUIntuit Inc COM | 1.90% | 0.67% | 0.67% |
 ASMLASML Holding N.V. N Y REGISTRY SHS | 0.85% | 0.65% | 0.65% |
 CMCSAComcast Corporation CL A | 1.94% | 0.58% | 0.58% |
 STXSeagate Technology Holdings PLC ORD SHS | 0.88% | 0.47% | 0.47% |
 MPWRMonolithic Power Systems Inc. COM | 0.42% | 0.29% | 0.29% |
 NXPINXP Semiconductors NV COM | 1.29% | 0.27% | 0.27% |
| Thomson Reuters Corp COM | 1.43% | 0.22% | 0.22% |
 ROPRoper Technologies Inc COM | 0.51% | 0.21% | 0.21% |
 MCHPMicrochip Technology Incorporated COM | 1.23% | 0.19% | 0.19% |
 CTSHCognizant Technology Solutions Corp. CL A | 0.82% | 0.16% | 0.16% |
Frequently Asked Questions
How much do TDIV and QQQI overlap?
TDIV and QQQI overlap by 20.6% of portfolio weight. They share 19 holdings (TDIV holds 95 positions and QQQI holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both TDIV and QQQI?
The two portfolios are 20.6% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of TDIV and QQQI?
The largest positions held by both funds are MSFT, AVGO, CSCO, AMAT and TMUS. Together the top 10 shared positions account for 85% of the total overlap.
What does TDIV own that QQQI doesn't?
76 positions (51.4% of TDIV) are unique to TDIV, led by IBM, ORCL and TSM. In the other direction, 82 positions (78.5% of QQQI) are unique to QQQI.