CQQQ vs MCHI overlap - what they share and where they differ
CQQQ and MCHI share 20.1% of their weight across 92 common positions, read from what each fund reported to the SEC.
Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.
CQQQ and MCHI
20.1%
92 shared positions
CQQQ
Invesco China Technology ETF
Reported positions cover 100% of the fund, 170 positions · Jul 31, 2026
Top 10: 59.2%·Holdings of CQQQ
MCHI
iShares MSCI China ETF
Reported positions cover 96% of the fund, 500 positions · Aug 31, 2026
Top 10: 42.0%·Holdings of MCHI
Reported positions cover CQQQ 100%, MCHI 96% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
MCHI vs CQQQ side by side
CQQQInvesco China Technology ETF
170
stock positions reported to the SEC
21.8% of its weight is in 78 names MCHI does not hold
MCHIiShares MSCI China ETF
500
stock positions reported to the SEC
72.3% of its weight is in 408 names CQQQ does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: CQQQ has 12.1 points more of it.
The figures side by side
| CQQQ | MCHI | |
|---|---|---|
| Filing date | Jul 31, 2026 | Aug 31, 2026 |
| Stock positions reported | 170 | 500 |
| Weight of the ten largest | 59.2% | 42.0% |
| Largest position | MEITUAN 12.2% | TENCENT HOLDINGS LIMITED 13.9% |
| Held alone | 78 positions, 21.8% | 408 positions, 72.3% |
| Covered by stock positions | 100% | 96% |
Holdings they share
| Stock | In CQQQ | In MCHI | Counted |
|---|---|---|---|
| TENCENT HOLDINGS LIMITEDTencent Holdings Ltd. | 10.58% | 13.93% | 10.58% |
| MEITUAN | 12.17% | 1.98% | 1.98% |
| BIDUBaidu, Inc. | 8.39% | 0.98% | 0.98% |
| SUGPSuzhou Anjie Technology Co., Ltd. | 2.72% | 0.64% | 0.64% |
| HUA HONG GRACE SEMICONDUCTOR LIMITEDHua Hong Grace Semiconductor Ltd. | 3.60% | 0.49% | 0.49% |
| KUAISHOU TECHNOLOGY | 4.91% | 0.48% | 0.48% |
| INHDInnoScience (Suzhou) Technology Holding Co., Ltd. | 0.42% | 0.74% | 0.42% |
| CAMBRICON TECHNOLOGIES CORP LTDCambricon Technologies Corp. Ltd. | 2.04% | 0.24% | 0.24% |
| KINGBOARD LAMINATES HOLDINGS LIMITEDKingboard Laminates Holdings Ltd. | 1.23% | 0.24% | 0.24% |
| HYGON INFORMATION TECHNOLOGY CO LTDHygon Information Technology Co., Ltd. | 1.90% | 0.21% | 0.21% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in CQQQ
Only in MCHI
Questions people ask
Is CQQQ the same as MCHI?
20.1% of their weight sits in the same 92 holdings. CQQQ also reports PDD, TENCENT MUSIC ENTERTAINMENT GROUP, ADVANCED MICRO-FABRICATION EQUIPMENT INC, which the other does not. MCHI also reports BABA, CHINA CONSTRUCTION BANK CORPORATION, INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED, which the other does not.
How is the overlap between CQQQ and MCHI measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of CQQQ and 96% of MCHI, so the number cannot exceed the smaller coverage.
Which holds more, MCHI or CQQQ?
CQQQ reports 170 stock positions and MCHI reports 500. 21.8% of CQQQ's weight sits in names MCHI does not hold, and 72.3% of MCHI's weight in names CQQQ does not hold. The ten largest positions are 59.2% of CQQQ and 42.0% of MCHI.
How do CQQQ and MCHI differ by sector?
The widest gap is Technology: CQQQ has 12.1 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.
Where do the numbers come from?
From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.
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Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.