QQQ vs VWCE ETF holdings comparison
Invesco QQQ Trust (QQQ) · Vanguard FTSE All-World UCITS ETF (USD Acc) (VWCE)
QQQ and VWCE overlap by 34.8% by portfolio weight. The remaining 65.2 percentage points are not counted as shared holdings weight by this calculation. They share 98 stocks; the largest shared position is NVIDIA Corp. (NVDA), contributing 5.01% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
QQQ and VWCE 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 VWCE |
|---|---|---|---|
| NVIDIA Corp. | NVDA | 7.60% | 5.01% |
| Apple Inc. | AAPL | 6.67% | 4.52% |
| Microsoft Corp. | MSFT | 4.35% | 3.58% |
| Amazon.com, Inc. | AMZN | 4.02% | 2.27% |
| Alphabet Inc. | GOOGL | 3.27% | 1.91% |
| Broadcom Inc. | AVGO | 2.81% | 1.54% |
| Meta Platforms, Inc. | META | 2.62% | 1.50% |
| Alphabet Inc. | GOOG | 3.02% | 1.49% |
| Micron Technology, Inc. | MU | 5.64% | 1.13% |
| Tesla, Inc. | TSLA | 3.30% | 0.97% |
Holdings only in QQQ or VWCE
QQQ has 4 fund-only positions representing approximately 1.9 percentage points of reported exposure; VWCE has 3579 fund-only positions representing approximately 64.3 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 |
|---|---|---|
| ASML Holding N.V. | ASML | 0.79% |
| ARM Holdings PLC | ARM | 0.65% |
| Electronic Arts Inc. | EA | 0.22% |
| PDD Holdings Inc. | PDD | 0.22% |
Largest positions only in VWCE
| Company | Ticker | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | 2330 | 1.78% |
| Eli Lilly & Co | LLY | 0.87% |
| Samsung Electronics Co Ltd | 005930 | 0.86% |
| JPMorgan Chase & Co | JPM | 0.83% |
| SK hynix Inc | 000660 | 0.71% |
| Berkshire Hathaway Inc | BRK/B | 0.70% |
| ASML Holding NV | ASML | 0.66% |
| ExxonMobil Holdings Corp | XOM | 0.63% |
| Johnson & Johnson | JNJ | 0.60% |
| Visa Inc | V | 0.57% |
FAQ
How much do QQQ and VWCE overlap?
QQQ and VWCE have 34.8% overlap by weight, sharing 98 equity positions (out of 102 in QQQ and 3677 in VWCE). The official holdings files used are dated 2026-06-30 for QQQ and 2026-09-30 for VWCE.
What does 34.8% overlap mean?
QQQ and VWCE 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 VWCE 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 QQQ and VWCE?
QQQ has 4 positions not found in VWCE, while VWCE has 3579 positions not found in QQQ. The largest fund-only positions and their weights are shown on this page.
Related comparisons
One side of this pair is a UCITS ETF. How share classes and listings map to one fund, and which popular UCITS combinations repeat the same US mega-caps, is covered in ETF overlap for European investors.