etf overlap · little overlap
QQQ vs SMEA overlap
QQQ and SMEA hold no company in common. Still, 33% of their money sits in the same sectors, led by Information Technology, which is 59% of QQQ against 9.4% of SMEA.
Holdings as of September 24, 2026 · source: Invesco (QQQ), iShares (SMEA) · How we measured all 1,431 pairs
- same money
- same companies, extra weight
- only in this fund
What only one of them gives you
No stock in common, 33% in the same sectors
QQQ and SMEA: what people ask
How much do QQQ and SMEA overlap?
None by holdings, as of September 24, 2026: no company appears in both funds. By sector, 33% of their money sits in the same sectors, led by Information Technology.
Which stocks do QQQ and SMEA both hold?
None. QQQ and SMEA have no holding in common.
Is it redundant to hold both QQQ and SMEA?
No. Out of every $100 split evenly between them, none buys the same company. Half in each gives you 486 different holdings that behave like 97 equally weighted stocks, against 32 for QQQ alone and 104 for SMEA alone. Whether that mix suits you depends on what you want to own; this is a description, not advice.
What is SMEA, next to QQQ?
SMEA is iShares Core MSCI Europe UCITS ETF EUR (Acc) (ISIN IE00B4K48X80), an Irish-domiciled UCITS fund on the MSCI Europe index. Next to QQQ, it holds no company in common, as of September 24, 2026.
Does the QQQ vs SMEA overlap apply to other tickers?
Yes. SMEA also trades as IMAE (Euronext Amsterdam, EUR) and EUNK (Xetra, EUR). Each is the same portfolio in another currency, on another exchange or paying its dividends out, so QQQ and EUNK share no company either.
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.