MGK vs QQQ ETF holdings comparison
Vanguard Mega Cap Growth ETF (MGK) · Invesco QQQ Trust (QQQ)
MGK and QQQ overlap by 59.3% by portfolio weight. The remaining 40.7 percentage points are not counted as shared holdings weight by this calculation. They share 35 stocks; the largest shared position is NVIDIA Corp (NVDA), contributing 7.60% to the overlap.
What this means
MGK and QQQ share a material portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "moderate holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
Overlap by weight sums the smaller of the two funds' weights for every stock they both hold. It answers "how much of my money is in the same stocks either way?" See methodology.
This comparison covers normalized equity positions represented in the dataset. Cash, derivatives, options, structured notes, and other non-equity assets are not included, so the result is not a complete comparison of every asset or risk in either fund.
Top shared holdings
| Company | Ticker | in MGK | in QQQ |
|---|---|---|---|
| NVIDIA Corp | NVDA | 13.27% | 7.60% |
| Apple Inc | AAPL | 12.17% | 6.67% |
| Microsoft Corp | MSFT | 7.50% | 4.35% |
| Amazon.com Inc | AMZN | 4.46% | 4.02% |
| Tesla Inc | TSLA | 3.93% | 3.30% |
| Alphabet Inc | GOOGL | 5.92% | 3.27% |
| Advanced Micro Devices Inc | AMD | 3.19% | 4.10% |
| Alphabet Inc | GOOG | 4.66% | 3.02% |
| Broadcom Inc | AVGO | 4.27% | 2.81% |
| Meta Platforms Inc | META | 4.08% | 2.62% |
Holdings only in MGK or QQQ
MGK has 21 fund-only positions representing approximately 17.4 percentage points of reported exposure; QQQ has 67 fund-only positions representing approximately 33.8 percentage points of reported exposure. These are positions whose normalized security identifiers appear in one issuer file but not the other.
Largest positions only in MGK
| Company | Ticker | Weight |
|---|---|---|
| Eli Lilly & Co | LLY | 3.40% |
| Visa Inc | V | 1.82% |
| Mastercard Inc | MA | 1.47% |
| GE Vernova Inc | GEV | 1.20% |
| Oracle Corp | ORCL | 0.94% |
| Corning Inc | GLW | 0.89% |
| Amphenol Corp | APH | 0.89% |
| Arista Networks Inc | ANET | 0.76% |
| Boeing Co/The | BA | 0.72% |
| Welltower Inc | WELL | 0.71% |
Largest positions only in QQQ
| Company | Ticker | Weight |
|---|---|---|
| Micron Technology, Inc. | MU | 5.64% |
| Walmart Inc. | WMT | 2.39% |
| Cisco Systems, Inc. | CSCO | 2.01% |
| Costco Wholesale Corp. | COST | 1.80% |
| Texas Instruments Inc. | TXN | 1.17% |
| Linde PLC | LIN | 1.04% |
| Amgen Inc. | AMGN | 0.85% |
| QUALCOMM Inc. | QCOM | 0.84% |
| Analog Devices, Inc. | ADI | 0.84% |
| PepsiCo, Inc. | PEP | 0.80% |
FAQ
How much do MGK and QQQ overlap?
MGK and QQQ have 59.3% overlap by weight, sharing 35 equity positions (out of 56 in MGK and 102 in QQQ). The official holdings files used are dated 2026-06-30 for MGK and 2026-06-30 for QQQ.
What does 59.3% overlap mean?
MGK and QQQ share a material portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "moderate holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
Which stocks do MGK and QQQ both hold?
The largest shared positions are NVIDIA Corp, Apple Inc, Microsoft Corp, Amazon.com Inc, Tesla Inc. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between MGK and QQQ?
MGK has 21 positions not found in QQQ, while QQQ has 67 positions not found in MGK. The largest fund-only positions and their weights are shown on this page.