CQQQ vs SCHE overlap - what they share and where they differ
CQQQ and SCHE share 2.3% of their weight across 18 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 SCHE
2.3%
18 shared positions
CQQQ
Invesco China Technology ETF
Reported positions cover 100% of the fund, 168 positions · Apr 30, 2026
Top 10: 51.1%·Holdings of CQQQ
SCHE
Schwab Emerging Markets Equity ETF
Reported positions cover 97% of the fund, 1,364 positions · May 31, 2026
Top 10: 30.4%·Holdings of SCHE
Reported positions cover CQQQ 100%, SCHE 97% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
SCHE vs CQQQ side by side
CQQQInvesco China Technology ETF
168
stock positions reported to the SEC
59.5% of its weight is in 150 names SCHE does not hold
SCHESchwab Emerging Markets Equity ETF
1,364
stock positions reported to the SEC
94.7% of its weight is in 1,346 names CQQQ does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Financial Services: SCHE has 2.6 points more of it.
The figures side by side
| CQQQ | SCHE | |
|---|---|---|
| Filing date | Apr 30, 2026 | May 31, 2026 |
| Stock positions reported | 168 | 1,364 |
| Weight of the ten largest | 51.1% | 30.4% |
| Largest position | MEITUAN 8.6% | TSM 17.1% |
| Held alone | 150 positions, 59.5% | 1,346 positions, 94.7% |
| Covered by stock positions | 100% | 97% |
Holdings they share
| Stock | In CQQQ | In SCHE | Counted |
|---|---|---|---|
| PDDPDD Holdings Inc. | 8.48% | 0.60% | 0.60% |
| MEITUAN | 8.59% | 0.46% | 0.46% |
| BIDUBaidu, Inc. | 6.85% | 0.33% | 0.33% |
| INHDInnoScience (Suzhou) Technology Holding Co., Ltd. | 0.85% | 0.30% | 0.30% |
| KUAISHOU TECHNOLOGY | 4.28% | 0.15% | 0.15% |
| EVEXEverdisplay Optronics (Shanghai) Co., Ltd. | 0.11% | 0.09% | 0.09% |
| HORIZON ROBOTICS | 2.98% | 0.06% | 0.06% |
| PPLIPeople.cn Co., Ltd. | 0.08% | 0.06% | 0.06% |
| BILIBilibili Inc. | 2.20% | 0.05% | 0.05% |
| TENCENT MUSIC ENTERTAINMENT GROUP | 1.58% | 0.04% | 0.04% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in CQQQ
Only in SCHE
Questions people ask
Is CQQQ the same as SCHE?
2.3% of their weight sits in the same 18 holdings. CQQQ also reports TENCENT HOLDINGS LTD., HUA HONG SEMICONDUCTOR LTD., CAMBRICON TECHNOLOGIES CORP. LTD., which the other does not. SCHE also reports TSM, TENCENT HOLDINGS LTD, BABA, which the other does not.
How is the overlap between CQQQ and SCHE 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 97% of SCHE, so the number cannot exceed the smaller coverage.
Which holds more, SCHE or CQQQ?
CQQQ reports 168 stock positions and SCHE reports 1,364. 59.5% of CQQQ's weight sits in names SCHE does not hold, and 94.7% of SCHE's weight in names CQQQ does not hold. The ten largest positions are 51.1% of CQQQ and 30.4% of SCHE.
How do CQQQ and SCHE differ by sector?
The widest gap is Financial Services: SCHE has 2.6 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.
Other pairs with these funds
SCHE against other funds in the table
Add a third fund in the tool·All fund pairs
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.