QQQM vs VUG ETF holdings comparison
Invesco NASDAQ 100 ETF (QQQM) · Vanguard Growth ETF (VUG)
QQQM and VUG overlap by 62.6% by portfolio weight. The remaining 37.4 percentage points are not counted as shared holdings weight by this calculation. They share 55 stocks; the largest shared position is NVIDIA Corp. (NVDA), contributing 8.13% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
QQQM and VUG 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 VUG |
|---|---|---|---|
| NVIDIA Corp. | NVDA | 8.13% | 12.63% |
| Apple Inc. | AAPL | 7.26% | 11.67% |
| Microsoft Corp. | MSFT | 5.30% | 7.61% |
| Amazon.com, Inc. | AMZN | 4.60% | 4.47% |
| Alphabet Inc. | GOOGL | 3.51% | 5.76% |
| Broadcom Inc. | AVGO | 3.36% | 4.28% |
| Tesla, Inc. | TSLA | 3.45% | 3.27% |
| Alphabet Inc. | GOOG | 3.24% | 4.53% |
| Meta Platforms, Inc. | META | 2.96% | 3.41% |
| Advanced Micro Devices, Inc. | AMD | 3.68% | 2.62% |
Holdings only in QQQM or VUG
QQQM has 46 fund-only positions representing approximately 25.6 percentage points of reported exposure; VUG has 91 fund-only positions representing approximately 21.2 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% |
| Walmart Inc. | WMT | 2.47% |
| Cisco Systems, Inc. | CSCO | 2.08% |
| QUALCOMM Inc. | QCOM | 1.17% |
| Linde PLC | LIN | 1.01% |
| T-Mobile US, Inc. | TMUS | 0.90% |
| Analog Devices, Inc. | ADI | 0.88% |
| PepsiCo, Inc. | PEP | 0.86% |
| Amgen Inc. | AMGN | 0.79% |
| Gilead Sciences, Inc. | GILD | 0.73% |
Largest positions only in VUG
| Company | Ticker | Weight |
|---|---|---|
| Eli Lilly & Co | LLY | 2.81% |
| Visa Inc | V | 1.54% |
| Mastercard Inc | MA | 1.13% |
| GE Vernova Inc | GEV | 0.89% |
| Oracle Corp | ORCL | 0.71% |
| Amphenol Corp | APH | 0.61% |
| General Electric Co | GE | 0.55% |
| McDonald's Corp | MCD | 0.54% |
| Arista Networks Inc | ANET | 0.52% |
| Boeing Co/The | BA | 0.48% |
FAQ
How much do QQQM and VUG overlap?
QQQM and VUG have 62.6% overlap by weight, sharing 55 equity positions (out of 101 in QQQM and 146 in VUG). The official holdings files used are dated 2026-05-31 for QQQM and 2026-06-30 for VUG.
What does 62.6% overlap mean?
QQQM and VUG 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 VUG 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 VUG?
QQQM has 46 positions not found in VUG, while VUG has 91 positions not found in QQQM. The largest fund-only positions and their weights are shown on this page.