QQQM vs VUG ETF holdings comparison
Invesco NASDAQ 100 ETF (QQQM) · Vanguard Growth ETF (VUG)
QQQM and VUG overlap by 58% by portfolio weight. The remaining 42.0 percentage points are not counted as shared holdings weight by this calculation. They share 56 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% | 13.31% |
| Apple Inc. | AAPL | 7.26% | 12.32% |
| Microsoft Corp. | MSFT | 5.30% | 9.09% |
| Amazon.com, Inc. | AMZN | 4.60% | 4.59% |
| Alphabet Inc. | GOOGL | 3.51% | 5.54% |
| Tesla, Inc. | TSLA | 3.45% | 3.47% |
| Broadcom Inc. | AVGO | 3.36% | 4.40% |
| Alphabet Inc. | GOOG | 3.24% | 4.39% |
| Meta Platforms, Inc. | META | 2.96% | 4.15% |
| Costco Wholesale Corp. | COST | 1.86% | 1.48% |
Holdings only in QQQM or VUG
QQQM has 45 fund-only positions representing approximately 27.1 percentage points of reported exposure; VUG has 96 fund-only positions representing approximately 22.4 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% |
| QUALCOMM Inc. | QCOM | 1.17% |
| Linde PLC | LIN | 1.01% |
| 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 | 2.60% |
| Visa Inc | V | 1.65% |
| Mastercard Inc | MA | 1.33% |
| Oracle Corp | ORCL | 0.85% |
| GE Vernova Inc | GEV | 0.80% |
| McDonald's Corp | MCD | 0.75% |
| TJX Cos Inc/The | TJX | 0.60% |
| Boeing Co/The | BA | 0.53% |
| Amphenol Corp | APH | 0.53% |
| Uber Technologies Inc | UBER | 0.51% |
FAQ
How much do QQQM and VUG overlap?
QQQM and VUG have 58% overlap by weight, sharing 56 equity positions (out of 101 in QQQM and 152 in VUG). The official holdings files used are dated 2026-05-31 for QQQM and 2026-03-31 for VUG.
What does 58% 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 45 positions not found in VUG, while VUG has 96 positions not found in QQQM. The largest fund-only positions and their weights are shown on this page.