MGK vs QQQM ETF holdings comparison
Vanguard Mega Cap Growth ETF (MGK) · Invesco NASDAQ 100 ETF (QQQM)
MGK and QQQM overlap by 57.3% by portfolio weight. The remaining 42.7 percentage points are not counted as shared holdings weight by this calculation. They share 34 stocks; the largest shared position is NVIDIA Corp (NVDA), contributing 8.13% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
MGK and QQQM 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 QQQM |
|---|---|---|---|
| NVIDIA Corp | NVDA | 13.75% | 8.13% |
| Apple Inc | AAPL | 12.60% | 7.26% |
| Microsoft Corp | MSFT | 9.01% | 5.30% |
| Amazon.com Inc | AMZN | 4.59% | 4.60% |
| Alphabet Inc | GOOGL | 5.51% | 3.51% |
| Tesla Inc | TSLA | 4.18% | 3.45% |
| Broadcom Inc | AVGO | 4.40% | 3.36% |
| Alphabet Inc | GOOG | 4.37% | 3.24% |
| Meta Platforms Inc | META | 4.17% | 2.96% |
| Netflix Inc | NFLX | 1.76% | 1.59% |
Holdings only in MGK or QQQM
MGK has 25 fund-only positions representing approximately 20.2 percentage points of reported exposure; QQQM has 67 fund-only positions representing approximately 36.9 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 | 3.17% |
| Visa Inc | V | 1.97% |
| Mastercard Inc | MA | 1.72% |
| Oracle Corp | ORCL | 1.18% |
| GE Vernova Inc | GEV | 1.14% |
| TJX Cos Inc/The | TJX | 0.90% |
| Amphenol Corp | APH | 0.80% |
| Boeing Co/The | BA | 0.78% |
| Uber Technologies Inc | UBER | 0.78% |
| Welltower Inc | WELL | 0.74% |
Largest positions only in QQQM
| Company | Ticker | Weight |
|---|---|---|
| Micron Technology, Inc. | MU | 4.78% |
| Intel Corp. | INTC | 2.51% |
| Walmart Inc. | WMT | 2.47% |
| Cisco Systems, Inc. | CSCO | 2.08% |
| Costco Wholesale Corp. | COST | 1.86% |
| Applied Materials, Inc. | AMAT | 1.56% |
| Texas Instruments Inc. | TXN | 1.21% |
| QUALCOMM Inc. | QCOM | 1.17% |
| Linde PLC | LIN | 1.01% |
| Analog Devices, Inc. | ADI | 0.88% |
FAQ
How much do MGK and QQQM overlap?
MGK and QQQM have 57.3% overlap by weight, sharing 34 equity positions (out of 59 in MGK and 101 in QQQM). The official holdings files used are dated 2026-03-31 for MGK and 2026-05-31 for QQQM.
What does 57.3% overlap mean?
MGK and QQQM 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 QQQM both hold?
The largest shared positions are NVIDIA Corp, Apple Inc, Microsoft Corp, Amazon.com Inc, Alphabet Inc. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between MGK and QQQM?
MGK has 25 positions not found in QQQM, while QQQM has 67 positions not found in MGK. The largest fund-only positions and their weights are shown on this page.