QYLD vs SMH: how much do they overlap?
Global X NASDAQ 100 Covered Call ETF (QYLD) · VanEck Semiconductor ETF (SMH)
overlap by weight · 19 shared holdings
QYLD: 101 holdings (as of 2026-04-30) · SMH: 25 holdings (as of 2026-03-31)
Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.
Moderate overlap
What this means
QYLD and SMH share a meaningful slice of holdings. They are related but not interchangeable; check the shared names below to see where your exposure doubles up.
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 QYLD | in SMH |
|---|---|---|---|
| NVIDIA CORPORATION | NVDA | 8.85% | 19.64% |
| BROADCOM INC. | AVGO | 3.61% | 7.79% |
| MICRON TECHNOLOGY, INC. | MU | 2.93% | 4.23% |
| ADVANCED MICRO DEVICES, INC. | AMD | 2.91% | 4.68% |
| INTEL CORPORATION | INTC | 2.38% | 4.34% |
| LAM RESEARCH CORPORATION | LRCX | 1.62% | 4.6% |
| APPLIED MATERIALS, INC. | AMAT | 1.58% | 4.59% |
| TEXAS INSTRUMENTS INCORPORATED | TXN | 1.28% | 4.61% |
| KLA CORPORATION | KLAC | 1.16% | 4.74% |
| ANALOG DEVICES, INC. | ADI | 0.99% | 4.7% |
FAQ
How much do QYLD and SMH overlap?
QYLD and SMH have a 31.7% overlap by weight, sharing 19 holdings (out of 101 in QYLD and 25 in SMH), based on official issuer holdings as of 2026-04-30.
What does 31.7% overlap mean?
QYLD and SMH share a meaningful slice of holdings. They are related but not interchangeable; check the shared names below to see where your exposure doubles up.
Which stocks do QYLD and SMH both hold?
The largest shared positions are NVIDIA CORPORATION, BROADCOM INC., MICRON TECHNOLOGY, INC., ADVANCED MICRO DEVICES, INC., INTEL CORPORATION. The full list of top shared holdings with weights in each fund is shown on this page.