CQQQ vs VWO overlap - what they share and where they differ
CQQQ and VWO share 2.4% of their weight across 17 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 VWO
2.4%
17 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
VWO
VANGUARD EMERGING MARKETS STOCK INDEX FUND
Reported positions cover 93% of the fund, 1,791 positions · Apr 30, 2026
Top 10: 26.6%·Holdings of VWO
Reported positions cover CQQQ 100%, VWO 93% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
VWO vs CQQQ side by side
CQQQInvesco China Technology ETF
168
stock positions reported to the SEC
59.6% of its weight is in 151 names VWO does not hold
VWOVANGUARD EMERGING MARKETS STOCK INDEX FUND
1,791
stock positions reported to the SEC
91.0% of its weight is in 1,774 names CQQQ does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Financial Services: VWO has 2.6 points more of it.
The figures side by side
| CQQQ | VWO | |
|---|---|---|
| Filing date | Apr 30, 2026 | Apr 30, 2026 |
| Stock positions reported | 168 | 1,791 |
| Weight of the ten largest | 51.1% | 26.6% |
| Largest position | MEITUAN 8.6% | TSM 14.6% |
| Held alone | 151 positions, 59.6% | 1,774 positions, 91.0% |
| Covered by stock positions | 100% | 93% |
Holdings they share
| Stock | In CQQQ | In VWO | Counted |
|---|---|---|---|
| PDDPDD Holdings Inc. | 8.48% | 0.66% | 0.66% |
| MEITUAN | 8.59% | 0.50% | 0.50% |
| BIDUBaidu, Inc. | 6.85% | 0.29% | 0.29% |
| INHDInnoScience (Suzhou) Technology Holding Co., Ltd. | 0.85% | 0.28% | 0.28% |
| KUAISHOU TECHNOLOGY | 4.28% | 0.14% | 0.14% |
| EVEXEverdisplay Optronics (Shanghai) Co., Ltd. | 0.11% | 0.11% | 0.11% |
| HORIZON ROBOTICS | 2.98% | 0.07% | 0.07% |
| BILIBilibili Inc. | 2.20% | 0.05% | 0.05% |
| KCKingsoft Corp. Ltd. | 1.03% | 0.05% | 0.05% |
| PPLIPeople.cn Co., Ltd. | 0.08% | 0.05% | 0.05% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in CQQQ
Only in VWO
Questions people ask
Is CQQQ the same as VWO?
2.4% of their weight sits in the same 17 holdings. CQQQ also reports TENCENT HOLDINGS LTD., HUA HONG SEMICONDUCTOR LTD., CAMBRICON TECHNOLOGIES CORP. LTD., which the other does not. VWO also reports TSM, TENCENT HOLDINGS LTD, BABA, which the other does not.
How is the overlap between CQQQ and VWO 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 93% of VWO, so the number cannot exceed the smaller coverage.
Which holds more, VWO or CQQQ?
CQQQ reports 168 stock positions and VWO reports 1,791. 59.6% of CQQQ's weight sits in names VWO does not hold, and 91.0% of VWO's weight in names CQQQ does not hold. The ten largest positions are 51.1% of CQQQ and 26.6% of VWO.
How do CQQQ and VWO differ by sector?
The widest gap is Financial Services: VWO 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
VWO 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.