QQQ vs XLK: how much do they overlap?
Invesco QQQ Trust (QQQ) · Technology Select Sector SPDR ETF (XLK)
overlap by weight · 34 shared holdings
QQQ: 101 holdings (as of 2026-03-31) · XLK: 74 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.
Moderate overlap
What this means
QQQ and XLK share a meaningful slice of holdings. They are related but not interchangeable; check the shared names below to see where your exposure doubles up.
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 XLK |
|---|---|---|---|
| NVIDIA Corp. | NVDA | 8.68% | 13.18% |
| Apple Inc. | AAPL | 7.63% | 12.47% |
| Microsoft Corp. | MSFT | 5.63% | 7.66% |
| Broadcom Inc. | AVGO | 3.01% | 5.1% |
| Micron Technology, Inc. | MU | 2.15% | 4.13% |
| Palantir Technologies Inc. | PLTR | 1.9% | 1.94% |
| Advanced Micro Devices, Inc. | AMD | 1.88% | 4.56% |
| Cisco Systems, Inc. | CSCO | 1.73% | 3.06% |
| Applied Materials, Inc. | AMAT | 1.53% | 3.06% |
| Lam Research Corp. | LRCX | 1.51% | 2.89% |
FAQ
How much do QQQ and XLK overlap?
QQQ and XLK have a 48.2% overlap by weight, sharing 34 holdings (out of 101 in QQQ and 74 in XLK), based on official issuer holdings as of 2026-03-31.
What does 48.2% overlap mean?
QQQ and XLK share a meaningful slice of holdings. They are related but not interchangeable; check the shared names below to see where your exposure doubles up.
Which stocks do QQQ and XLK both hold?
The largest shared positions are NVIDIA Corp., Apple Inc., Microsoft Corp., Broadcom Inc., Micron Technology, Inc.. The full list of top shared holdings with weights in each fund is shown on this page.