QQQ vs VNQ ETF holdings comparison
Invesco QQQ Trust (QQQ) · Vanguard Real Estate ETF (VNQ)
QQQ and VNQ overlap by 0.1% by portfolio weight. The remaining 99.9 percentage points are not counted as shared holdings weight by this calculation. They share 1 stocks; the largest shared position is CoStar Group, Inc. (CSGP), contributing 0.10% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
QQQ and VNQ share a smaller portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "low 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 QQQ | in VNQ |
|---|---|---|---|
| CoStar Group, Inc. | CSGP | 0.10% | 0.77% |
Holdings only in QQQ or VNQ
QQQ has 100 fund-only positions representing approximately 99.8 percentage points of reported exposure; VNQ has 144 fund-only positions representing approximately 98.9 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 QQQ
| Company | Ticker | Weight |
|---|---|---|
| NVIDIA Corp. | NVDA | 8.68% |
| Apple Inc. | AAPL | 7.63% |
| Microsoft Corp. | MSFT | 5.63% |
| Amazon.com, Inc. | AMZN | 4.58% |
| Tesla, Inc. | TSLA | 3.80% |
| Meta Platforms, Inc. | META | 3.46% |
| Walmart Inc. | WMT | 3.43% |
| Alphabet Inc. | GOOGL | 3.43% |
| Alphabet Inc. | GOOG | 3.20% |
| Broadcom Inc. | AVGO | 3.01% |
Largest positions only in VNQ
| Company | Ticker | Weight |
|---|---|---|
| Vanguard Real Estate II Index Fund | VRTPX | 14.63% |
| Welltower Inc | WELL | 7.84% |
| Prologis Inc | PLD | 7.00% |
| Equinix Inc | EQIX | 5.64% |
| American Tower Corp | AMT | 4.54% |
| Digital Realty Trust Inc | DLR | 3.66% |
| Simon Property Group Inc | SPG | 3.53% |
| Realty Income Corp | O | 3.11% |
| Public Storage | PSA | 2.54% |
| CBRE Group Inc | CBRE | 2.25% |
FAQ
How much do QQQ and VNQ overlap?
QQQ and VNQ have 0.1% overlap by weight, sharing 1 equity positions (out of 101 in QQQ and 145 in VNQ). The official holdings files used are dated 2026-03-31 for QQQ and 2026-04-30 for VNQ.
What does 0.1% overlap mean?
QQQ and VNQ share a smaller portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "low 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 QQQ and VNQ both hold?
The largest shared positions are CoStar Group, Inc.. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between QQQ and VNQ?
QQQ has 100 positions not found in VNQ, while VNQ has 144 positions not found in QQQ. The largest fund-only positions and their weights are shown on this page.