QQQ vs VUG ETF holdings comparison
Invesco QQQ Trust (QQQ) · Vanguard Growth ETF (VUG)
QQQ and VUG overlap by 59.2% by portfolio weight. The remaining 40.8 percentage points are not counted as shared holdings weight by this calculation. They share 56 stocks; the largest shared position is NVIDIA Corp. (NVDA), contributing 7.60% to the overlap.
What this means
QQQ and VUG 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 QQQ | in VUG |
|---|---|---|---|
| NVIDIA Corp. | NVDA | 7.60% | 12.63% |
| Apple Inc. | AAPL | 6.67% | 11.67% |
| Microsoft Corp. | MSFT | 4.35% | 7.61% |
| Amazon.com, Inc. | AMZN | 4.02% | 4.47% |
| Tesla, Inc. | TSLA | 3.30% | 3.27% |
| Alphabet Inc. | GOOGL | 3.27% | 5.76% |
| Alphabet Inc. | GOOG | 3.02% | 4.53% |
| Broadcom Inc. | AVGO | 2.81% | 4.28% |
| Advanced Micro Devices, Inc. | AMD | 4.10% | 2.62% |
| Meta Platforms, Inc. | META | 2.62% | 3.41% |
Holdings only in QQQ or VUG
QQQ has 46 fund-only positions representing approximately 26.0 percentage points of reported exposure; VUG has 90 fund-only positions representing approximately 20.7 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 |
|---|---|---|
| Micron Technology, Inc. | MU | 5.64% |
| Walmart Inc. | WMT | 2.39% |
| Cisco Systems, Inc. | CSCO | 2.01% |
| 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% |
| ASML Holding N.V. | ASML | 0.79% |
| T-Mobile US, Inc. | TMUS | 0.79% |
Largest positions only in VUG
| Company | Ticker | Weight |
|---|---|---|
| Eli Lilly & Co | LLY | 2.81% |
| Visa Inc | V | 1.54% |
| Mastercard Inc | MA | 1.13% |
| GE Vernova Inc | GEV | 0.89% |
| Oracle Corp | ORCL | 0.71% |
| Amphenol Corp | APH | 0.61% |
| General Electric Co | GE | 0.55% |
| McDonald's Corp | MCD | 0.54% |
| Arista Networks Inc | ANET | 0.52% |
| Boeing Co/The | BA | 0.48% |
FAQ
How much do QQQ and VUG overlap?
QQQ and VUG have 59.2% overlap by weight, sharing 56 equity positions (out of 102 in QQQ and 146 in VUG). The official holdings files used are dated 2026-06-30 for QQQ and 2026-06-30 for VUG.
What does 59.2% overlap mean?
QQQ and VUG 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 QQQ and VUG 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 QQQ and VUG?
QQQ has 46 positions not found in VUG, while VUG has 90 positions not found in QQQ. The largest fund-only positions and their weights are shown on this page.