IGM vs QTEC overlap - what they share and where they differ

IGM and QTEC share 41.5% of their weight across 40 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.

IGM and QTEC

41.5%

40 shared positions

IGM

iShares Expanded Tech Sector ETF

Reported positions cover 100% of the fund, 273 positions · Jun 30, 2026

Top 10: 58.1%·Holdings of IGM

QTEC

First Trust NASDAQ-100-Technology Sector Index Fund

Reported positions cover 100% of the fund, 46 positions · Jun 30, 2026

Top 10: 28.7%·Holdings of QTEC

Reported positions cover IGM 100%, QTEC 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

QTEC vs IGM side by side

IGMiShares Expanded Tech Sector ETF

273

stock positions reported to the SEC

21.5% of its weight is in 233 names QTEC does not hold

QTECFirst Trust NASDAQ-100-Technology Sector Index Fund

46

stock positions reported to the SEC

13.5% of its weight is in 6 names IGM does not hold

Where each fund's weight sits

IGM
QTEC
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
94.8%
91.0%
Healthcare
1.2%
4.9%
Communication Services
1.4%
2.0%
Basic Materials
1.0%
0.0%
Consumer Cyclical
0.6%
0.0%

The widest gap is Technology: IGM has 3.8 points more of it.

The figures side by side

IGMQTEC
Filing dateJun 30, 2026Jun 30, 2026
Stock positions reported27346
Weight of the ten largest58.1%28.7%
Largest positionGOOGL 8.0%AMAT 3.4%
Held alone233 positions, 21.5%6 positions, 13.5%
Covered by stock positions100%100%

Holdings they share

StockIn IGMIn QTECCounted
INTCIntel Corp.2.87%2.55%2.55%
AMATApplied Materials, Inc.2.50%3.37%2.50%
MUMicron Technology, Inc.5.46%2.49%2.49%
AMDAdvanced Micro Devices, Inc.4.13%2.36%2.36%
LRCXLam Research Corp.2.36%2.85%2.36%
NVDANVIDIA Corp.7.96%1.99%1.99%
GOOGLAlphabet, Inc.7.98%1.96%1.96%
AAPLApple, Inc.7.91%1.94%1.94%
METAMeta Platforms, Inc.4.16%1.87%1.87%
AVGOBroadcom, Inc.7.60%1.77%1.77%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in IGM

CSCOCisco Systems, Inc.2.02%
NFLXNetflix, Inc.1.31%
IBMInternational Business Machines Corp.1.15%
ORCLOracle Corp.1.08%
APHAmphenol Corp.0.95%
GLWCorning, Inc.0.87%
ANETArista Networks, Inc.0.76%
CRMSalesforce, Inc.0.56%
DELLDell Technologies, Inc.0.54%
NOWServiceNow, Inc.0.45%

Only in QTEC

ASMLASML HOLDING NV2.59%
NBISNEBIUS GROUP NV2.50%
DASHDOORDASH INC2.43%
ARM HOLDINGS PLC2.10%
TRITHOMSON REUTERS CORP1.98%
PDDPDD HOLDINGS INC1.89%

Questions people ask

Is IGM the same as QTEC?

41.5% of their weight sits in the same 40 holdings. IGM also reports CSCO, NFLX, IBM, which the other does not. QTEC also reports ASML, NBIS, DASH, which the other does not.

How is the overlap between IGM and QTEC 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 IGM and 100% of QTEC, so the number cannot exceed the smaller coverage.

Which holds more, QTEC or IGM?

IGM reports 273 stock positions and QTEC reports 46. 21.5% of IGM's weight sits in names QTEC does not hold, and 13.5% of QTEC's weight in names IGM does not hold. The ten largest positions are 58.1% of IGM and 28.7% of QTEC.

How do IGM and QTEC differ by sector?

The widest gap is Technology: IGM has 3.8 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.

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.