etf overlap tool · little overlap
QQQ vs EEM overlap
0.2% of QQQ and EEM is the same money, spread over 1 companies both funds hold.
Holdings as of October 16, 2026 · source: Invesco (QQQ), iShares (EEM) · How we measured all 1,431 pairs
- same money
- same companies, extra weight
- only in this fund
Hold QQQ and EEM with other funds or stocks? The free portfolio optimizer opens QQQ and EEM beside the rest of what you own: the companies you hold twice, what the funds cost a year, and where the next deposit should go. No account.
What only one of them gives you
NVDANVIDIA Corp8.15%
AAPLApple Inc7.92%
MSFTMicrosoft Corp6.21%
AMZNAmazon.com Inc4.26%
Where each fund puts its money
QQQ and EEM: what people ask
How much do QQQ and EEM overlap?
0.2% by weight, as of October 16, 2026: little overlap. 1 companies appear in both funds; they make up 0.2% of QQQ and 0.4% of EEM.
Which stocks do QQQ and EEM both hold?
The largest shared positions are PDD. Ranked by the smaller of the two weights, which is the part you would own twice.
Is it redundant to hold both QQQ and EEM?
Out of every $100 split evenly between them, about $0 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 100 names only in QQQ, 1,168 only in EEM. Half in each behaves like 61 equally weighted stocks, against 31 for QQQ alone and 29 for EEM alone. Whether that duplication is a problem depends on the mix you want; this is a description, not advice.
How is ETF overlap calculated here?
For every company held by both funds we take the smaller of its two weights and add them up. The weights come from the full holdings files Invesco and iShares publish, not a top-10 sample, and companies are matched by their ISIN so share classes stay apart. Sector overlap applies the same rule to the issuers' sector labels; "behaves like N equally weighted stocks" is one over the sum of the squared weights.
Weights come from each issuer's published holdings file and are matched company by company on their ISIN. Cash, futures and currency positions are left out. This page describes what the funds hold; it is not investment advice.