QQQM vs SCHG ETF holdings comparison
Invesco NASDAQ 100 ETF (QQQM) · Schwab U.S. Large-Cap Growth ETF (SCHG)
QQQM and SCHG overlap by 59.4% by portfolio weight. The remaining 40.6 percentage points are not counted as shared holdings weight by this calculation. They share 47 stocks; the largest shared position is NVIDIA Corp. (NVDA), contributing 8.13% to the overlap.
What this means
QQQM and SCHG 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 QQQM | in SCHG |
|---|---|---|---|
| NVIDIA Corp. | NVDA | 8.13% | 11.01% |
| Apple Inc. | AAPL | 7.26% | 9.83% |
| Microsoft Corp. | MSFT | 5.30% | 7.17% |
| Amazon.com, Inc. | AMZN | 4.60% | 5.67% |
| Alphabet Inc. | GOOGL | 3.51% | 4.75% |
| Tesla, Inc. | TSLA | 3.45% | 3.91% |
| Broadcom Inc. | AVGO | 3.36% | 4.55% |
| Alphabet Inc. | GOOG | 3.24% | 3.78% |
| Meta Platforms, Inc. | META | 2.96% | 3.45% |
| Advanced Micro Devices, Inc. | AMD | 3.68% | 2.93% |
Holdings only in QQQM or SCHG
QQQM has 54 fund-only positions representing approximately 34.8 percentage points of reported exposure; SCHG has 146 fund-only positions representing approximately 28.2 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 QQQM
| Company | Ticker | Weight |
|---|---|---|
| Micron Technology, Inc. | MU | 4.78% |
| Intel Corp. | INTC | 2.51% |
| Walmart Inc. | WMT | 2.47% |
| Cisco Systems, Inc. | CSCO | 2.08% |
| Lam Research Corp. | LRCX | 1.74% |
| Applied Materials, Inc. | AMAT | 1.56% |
| Texas Instruments Inc. | TXN | 1.21% |
| QUALCOMM Inc. | QCOM | 1.17% |
| Sandisk Corp. | SNDK | 1.09% |
| Analog Devices, Inc. | ADI | 0.88% |
Largest positions only in SCHG
| Company | Ticker | Weight |
|---|---|---|
| Eli Lilly & Co | LLY | 3.05% |
| Visa Inc | V | 1.92% |
| Mastercard Inc | MA | 1.40% |
| UnitedHealth Group Inc | UNH | 1.20% |
| General Electric Co | GE | 1.18% |
| GE Vernova Inc | GEV | 0.91% |
| Thermo Fisher Scientific Inc | TMO | 0.65% |
| Walt Disney Co/The | DIS | 0.63% |
| Salesforce Inc | CRM | 0.62% |
| Arista Networks Inc | ANET | 0.57% |
FAQ
How much do QQQM and SCHG overlap?
QQQM and SCHG have 59.4% overlap by weight, sharing 47 equity positions (out of 101 in QQQM and 193 in SCHG). The official holdings files used are dated 2026-05-31 for QQQM and 2026-05-31 for SCHG.
What does 59.4% overlap mean?
QQQM and SCHG 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 QQQM and SCHG 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 QQQM and SCHG?
QQQM has 54 positions not found in SCHG, while SCHG has 146 positions not found in QQQM. The largest fund-only positions and their weights are shown on this page.