etf overlap · moderate overlap

Invesco QQQ Trust logoVanguard Dividend Appreciation ETF logoQQQ vs VIG overlap

29% of QQQ and VIG is the same money, spread over 28 companies both funds hold.

Holdings as of August 31, 2026 · source: Invesco (QQQ), Vanguard (VIG)

overlapfull holdings, by weight
29%of each fund is money the other holds at the same weight, across 28 shared companies.
QQQ
29%67%
VIG
29%68%
  • 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.
01Shared

The companies you would own twice

held by bothtop 15 of 28
companyQQQVIG
Apple Inc logoAAPLApple Inc7.41%4.50%
Walmart Inc logoWMTWalmart Inc2.18%1.96%
KLA Corp logoKLACKLA Corp1.02%0.98%
Amgen Inc logoAMGNAmgen Inc0.92%0.99%
Linde PLC logoLINLinde PLC0.90%0.97%
PepsiCo Inc logoPEPPepsiCo Inc0.74%0.82%
02Different

What only one of them gives you

03Sectors

Where each fund puts its money

sectorsQQQ vs VIG, share of each fund
Information Technology59.08%25.33%
Health Care3.74%18.09%
Financials0.19%20.91%
Communication Services15.21%0.00%
Consumer Staples5.43%9.02%
Consumer Discretionary10.17%3.85%
Industrials3.01%10.49%
Materials0.90%3.00%
Energy0.46%3.36%
Utilities1.01%2.65%
Not classified0.59%2.62%
04Questions

QQQ and VIG: what people ask

questions4 answered

How much do QQQ and VIG overlap?

29% by weight, as of August 31, 2026: moderate overlap. 28 companies appear in both funds; they make up 33% of QQQ and 32% of VIG.

Which stocks do QQQ and VIG both hold?

The largest shared positions are MSFT, AAPL, AVGO, WMT and CSCO. Ranked by the smaller of the two weights, which is the part you would own twice.

Is it redundant to hold both QQQ and VIG?

Out of every $100 split evenly between them, about $29 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 73 names only in QQQ, 305 only in VIG. 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.

Hold QQQ and VIG?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.