QQQ vs XLC: how much do they overlap?
Invesco QQQ Trust (QQQ) · Communication Services Select Sector SPDR ETF (XLC)
overlap by weight · 10 shared holdings
QQQ: 101 holdings (as of 2026-03-31) · XLC: 23 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 XLC 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 XLC |
|---|---|---|---|
| Meta Platforms, Inc. | META | 3.46% | 18.37% |
| Alphabet Inc. | GOOGL | 3.43% | 10.81% |
| Alphabet Inc. | GOOG | 3.2% | 8.65% |
| Netflix, Inc. | NFLX | 2.3% | 4.49% |
| T-Mobile US, Inc. | TMUS | 1.31% | 4.58% |
| Comcast Corp. | CMCSA | 0.58% | 4.24% |
| Warner Bros. Discovery, Inc. | WBD | 0.39% | 4.31% |
| Electronic Arts Inc. | EA | 0.29% | 4.43% |
| Take-Two Interactive Software, Inc. | TTWO | 0.21% | 4.38% |
| Charter Communications, Inc. | CHTR | 0.15% | 2.03% |
FAQ
How much do QQQ and XLC overlap?
QQQ and XLC have a 15.3% overlap by weight, sharing 10 holdings (out of 101 in QQQ and 23 in XLC), based on official issuer holdings as of 2026-03-31.
What does 15.3% overlap mean?
QQQ and XLC hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do QQQ and XLC both hold?
The largest shared positions are Meta Platforms, Inc., Alphabet Inc., Alphabet Inc., Netflix, Inc., T-Mobile US, Inc.. The full list of top shared holdings with weights in each fund is shown on this page.