QQQM vs XLY: how much do they overlap?
Invesco NASDAQ 100 ETF (QQQM) · Consumer Discretionary Select Sector SPDR ETF (XLY)
overlap by weight · 9 shared holdings
QQQM: 101 holdings (as of 2026-02-28) · XLY: 47 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.
Low overlap
What this means
QQQM and XLY hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
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 QQQM | in XLY |
|---|---|---|---|
| Amazon.com, Inc. | AMZN | 4.36% | 23.12% |
| Tesla, Inc. | TSLA | 3.91% | 19.05% |
| Booking Holdings Inc. | BKNG | 0.73% | 3.4% |
| Starbucks Corp. | SBUX | 0.6% | 3.03% |
| Marriott International, Inc. | MAR | 0.49% | 2.04% |
| O'Reilly Automotive, Inc. | ORLY | 0.43% | 1.76% |
| DoorDash, Inc. | DASH | 0.38% | 1.82% |
| Ross Stores, Inc. | ROST | 0.36% | 1.77% |
| Airbnb, Inc. | ABNB | 0.31% | 1.53% |
FAQ
How much do QQQM and XLY overlap?
QQQM and XLY have a 11.6% overlap by weight, sharing 9 holdings (out of 101 in QQQM and 47 in XLY), based on official issuer holdings as of 2026-02-28.
What does 11.6% overlap mean?
QQQM and XLY hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do QQQM and XLY both hold?
The largest shared positions are Amazon.com, Inc., Tesla, Inc., Booking Holdings Inc., Starbucks Corp., Marriott International, Inc.. The full list of top shared holdings with weights in each fund is shown on this page.