QQQ vs SDY: how much do they overlap?
Invesco QQQ Trust (QQQ) · SPDR S&P Dividend ETF (SDY)
overlap by weight · 15 shared holdings
QQQ: 101 holdings (as of 2026-03-31) · SDY: 156 holdings (as of 09-Jul-2026)
Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.
Low overlap
What this means
QQQ and SDY hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
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.
Top shared holdings
| Company | Ticker | in QQQ | in SDY |
|---|---|---|---|
| PepsiCo, Inc. | PEP | 1.2% | 1.35% |
| Texas Instruments Inc. | TXN | 1% | 1.6% |
| QUALCOMM Inc. | QCOM | 0.78% | 1.61% |
| Analog Devices, Inc. | ADI | 0.88% | 0.6% |
| Linde PLC | LIN | 1.3% | 0.57% |
| Automatic Data Processing, Inc. | ADP | 0.46% | 1.65% |
| CSX Corp. | CSX | 0.43% | 0.64% |
| Cintas Corp. | CTAS | 0.38% | 0.44% |
| Microsoft Corp. | MSFT | 5.63% | 0.37% |
| Fastenal Co. | FAST | 0.3% | 0.87% |
FAQ
How much do QQQ and SDY overlap?
QQQ and SDY have a 7.2% overlap by weight, sharing 15 holdings (out of 101 in QQQ and 156 in SDY), based on official issuer holdings as of 2026-03-31.
What does 7.2% overlap mean?
QQQ and SDY hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do QQQ and SDY both hold?
The largest shared positions are PepsiCo, Inc., Texas Instruments Inc., QUALCOMM Inc., Analog Devices, Inc., Linde PLC. The full list of top shared holdings with weights in each fund is shown on this page.