QQQM vs VOO ETF holdings comparison
Invesco NASDAQ 100 ETF (QQQM) · Vanguard S&P 500 ETF (VOO)
QQQM and VOO overlap by 54.3% by portfolio weight. The remaining 45.7 percentage points are not counted as shared holdings weight by this calculation. They share 88 stocks; the largest shared position is NVIDIA Corp. (NVDA), contributing 7.51% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
QQQM and VOO 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 VOO |
|---|---|---|---|
| NVIDIA Corp. | NVDA | 8.13% | 7.51% |
| Apple Inc. | AAPL | 7.26% | 6.59% |
| Microsoft Corp. | MSFT | 5.30% | 4.30% |
| Amazon.com, Inc. | AMZN | 4.60% | 3.62% |
| Alphabet Inc. | GOOGL | 3.51% | 3.25% |
| Broadcom Inc. | AVGO | 3.36% | 2.77% |
| Alphabet Inc. | GOOG | 3.24% | 2.59% |
| Micron Technology, Inc. | MU | 4.78% | 2.02% |
| Meta Platforms, Inc. | META | 2.96% | 1.92% |
| Tesla, Inc. | TSLA | 3.45% | 1.84% |
Holdings only in QQQM or VOO
QQQM has 13 fund-only positions representing approximately 3.9 percentage points of reported exposure; VOO has 416 fund-only positions representing approximately 45.5 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 |
|---|---|---|
| Honeywell International Inc. | HON | 0.66% |
| Shopify Inc. | SHOP | 0.64% |
| ASML Holding N.V. | ASML | 0.62% |
| MercadoLibre, Inc. | MELI | 0.38% |
| PDD Holdings Inc. | PDD | 0.25% |
| Strategy Inc. | MSTR | 0.22% |
| ARM Holdings PLC | ARM | 0.22% |
| Ferrovial N.V. | FER | 0.21% |
| Coca-Cola Europacific Partners PLC | CCEP | 0.18% |
| Alnylam Pharmaceuticals, Inc. | ALNY | 0.18% |
Largest positions only in VOO
| Company | Ticker | Weight |
|---|---|---|
| Eli Lilly & Co | LLY | 1.47% |
| Berkshire Hathaway Inc | BRK.B | 1.42% |
| JPMorgan Chase & Co | JPM | 1.26% |
| Johnson & Johnson | JNJ | 0.95% |
| Exxon Mobil Corp | XOM | 0.88% |
| Visa Inc | V | 0.87% |
| Caterpillar Inc | CAT | 0.76% |
| AbbVie Inc | ABBV | 0.69% |
| Mastercard Inc | MA | 0.64% |
| General Electric Co | GE | 0.60% |
FAQ
How much do QQQM and VOO overlap?
QQQM and VOO have 54.3% overlap by weight, sharing 88 equity positions (out of 101 in QQQM and 504 in VOO). The official holdings files used are dated 2026-05-31 for QQQM and 2026-06-30 for VOO.
What does 54.3% overlap mean?
QQQM and VOO 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 VOO 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 VOO?
QQQM has 13 positions not found in VOO, while VOO has 416 positions not found in QQQM. The largest fund-only positions and their weights are shown on this page.