etf overlap · little overlap

Invesco QQQ Trust logoiShares Russell 2000 ETF logoQQQ vs IWM overlap

QQQ and IWM hold no company in common.

Holdings as of September 24, 2026 · source: Invesco (QQQ), iShares (IWM)

overlapfull holdings, by weight
0.0%of each fund is money the other holds at the same weight, across 0 shared companies.
QQQ
100%
IWM
100%
  • same money
  • same companies, extra weight
  • only in this fund
Overlap = the sum, over companies both funds hold, of the smaller of the two weights. Cash and derivatives excluded.
01Different

What only one of them gives you

only in QQQ101 names
NVIDIA Corp logoNVDANVIDIA Corp8.19%
Apple Inc logoAAPLApple Inc7.41%
Microsoft Corp logoMSFTMicrosoft Corp5.59%
Micron Technology Inc logoMUMicron Technology Inc5.09%
Advanced Micro Devices Inc logoAMDAdvanced Micro Devices Inc4.29%
Amazon.com Inc logoAMZNAmazon.com Inc4.07%
Meta Platforms Inc logoMETAMeta Platforms Inc3.50%
Alphabet Inc Class A logoGOOGLAlphabet Inc Class A3.04%
only in IWM1,975 names
TWTWSTTWIST BIOSCIENCE0.40%
MOMOG-AMOOG INC CLASS A0.36%
HUHUTHUT CORP0.35%
FRFROGJFROG0.34%
UMUMBFUMB FINANCIAL0.33%
TXTXG10X GENOMICS CLASS A0.33%
VSVSATVIASAT INC0.31%
BTBTSGBRIGHTSPRING HEALTH SERVICES INC0.31%
02Sectors

Where each fund puts its money

sectorsQQQ vs IWM, share of each fund
Information Technology59.08%13.72%
Health Care3.74%20.35%
Financials0.19%19.01%
Consumer Discretionary10.17%8.77%
Communication Services15.21%2.45%
Industrials3.01%14.05%
Consumer Staples5.43%1.95%
Energy0.46%6.76%
Real Estate0.00%5.68%
Materials0.90%4.21%
Utilities1.01%2.68%
Not classified0.59%0.00%
03Questions

QQQ and IWM: what people ask

questions4 answered

How much do QQQ and IWM overlap?

0.0% by weight, as of September 24, 2026: little overlap. 0 companies appear in both funds; they make up 0.0% of QQQ and 0.0% of IWM.

Which stocks do QQQ and IWM both hold?

None. QQQ and IWM have no holding in common.

Is it redundant to hold both QQQ and IWM?

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: 101 names only in QQQ, 1,975 only in IWM. 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.

Hold QQQ and IWM?Import your positions and see what your funds hold together, company by company, with the fees you pay on each.Import my portfolio

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.