etf overlap · heavy overlap
QQQ vs VGT overlap
51% of QQQ and VGT is the same money, spread over 38 companies both funds hold.
Holdings as of August 31, 2026 · source: Invesco (QQQ), Vanguard (VGT)
- same money
- same companies, extra weight
- only in this fund
What only one of them gives you
Where each fund puts its money
QQQ and VGT: what people ask
How much do QQQ and VGT overlap?
51% by weight, as of August 31, 2026: heavy overlap. 38 companies appear in both funds; they make up 57% of QQQ and 78% of VGT.
Which stocks do QQQ and VGT both hold?
The largest shared positions are NVDA, AAPL, MSFT, MU and AMD. Ranked by the smaller of the two weights, which is the part you would own twice.
Is it redundant to hold both QQQ and VGT?
Out of every $100 split evenly between them, about $51 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 63 names only in QQQ, 280 only in VGT. 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.
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.