etf overlap tool · little overlap
QQQ vs VEA overlap
0.6% of QQQ and VEA is the same money, spread over 2 companies both funds hold.
Holdings as of September 30, 2026 · source: Invesco (QQQ), Vanguard (VEA) · How we measured all 1,431 pairs
- same money
- same companies, extra weight
- only in this fund
Hold QQQ and VEA with other funds or stocks? The free portfolio optimizer opens QQQ and VEA 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.
The companies you would own twice
SHOPShopify Inc0.89%0.56%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 VEA: what people ask
How much do QQQ and VEA overlap?
0.6% by weight, as of September 30, 2026: little overlap. 2 companies appear in both funds; they make up 1.1% of QQQ and 0.6% of VEA.
Which stocks do QQQ and VEA both hold?
The largest shared positions are SHOP and TRI. Ranked by the smaller of the two weights, which is the part you would own twice.
Is it redundant to hold both QQQ and VEA?
Out of every $100 split evenly between them, about $1 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 99 names only in QQQ, 3,898 only in VEA. Half in each behaves like 111 equally weighted stocks, against 31 for QQQ alone and 248 for VEA 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 Vanguard 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.