IWY vs QQQ overlap - what they share and where they differ

IWY and QQQ share 60.3% of their weight across 43 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.

IWY and QQQ

60.3%

43 shared positions

IWY

iShares Russell Top 200 Growth ETF

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

Top 10: 62.8%·Holdings of IWY

QQQ

Invesco QQQ Trust, Series 1

Reported positions cover 100% of the fund, 101 positions · Jun 30, 2026

Top 10: 47.8%·Holdings of QQQ

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

QQQ vs IWY side by side

IWYiShares Russell Top 200 Growth ETF

100

stock positions reported to the SEC

21.9% of its weight is in 57 names QQQ does not hold

QQQInvesco QQQ Trust, Series 1

101

stock positions reported to the SEC

23.0% of its weight is in 58 names IWY does not hold

Where each fund's weight sits

IWY
QQQ
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
76.5%
70.7%
Consumer Cyclical
8.4%
10.6%
Consumer Defensive
0.0%
5.5%
Healthcare
4.8%
3.9%
Financial Services
4.3%
0.0%
Communication Services
0.0%
2.9%

The widest gap is Technology: IWY has 5.8 points more of it.

The figures side by side

IWYQQQ
Filing dateJun 30, 2026Jun 30, 2026
Stock positions reported100101
Weight of the ten largest62.8%47.8%
Largest positionNVDA 14.2%NVDA 7.6%
Held alone57 positions, 21.9%58 positions, 23.0%
Covered by stock positions100%100%

Holdings they share

StockIn IWYIn QQQCounted
NVDANVIDIA CORP14.16%7.60%7.60%
AAPLAPPLE INC7.14%6.67%6.67%
GOOGLALPHABET INC11.51%6.29%6.29%
MUMICRON TECHNOLOGY INC4.87%5.64%4.87%
MSFTMICROSOFT CORP4.56%4.35%4.35%
TSLATESLA INC4.59%3.30%3.30%
AMDADVANCED MICRO DEVICES INC3.25%4.10%3.25%
AVGOBROADCOM INC5.64%2.81%2.81%
METAMETA PLATFORMS INC3.68%2.62%2.62%
AMATAPPLIED MATERIALS INC1.97%2.49%1.97%

What each holds alone

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

Only in IWY

LLYELI LILLY & COMPANY3.35%
VVISA INC1.95%
CATCATERPILLAR INC1.67%
MAMASTERCARD INC1.43%
GEGE AEROSPACE1.33%
GEVGE VERNOVA INC1.09%
HDHOME DEPOT INC (THE)0.90%
ORCLORACLE CORP0.86%
APHAMPHENOL CORP0.74%
GLWCORNING INC0.70%

Only in QQQ

INTCIntel Corp.3.04%
CSCOCisco Systems, Inc.2.01%
LINLinde PLC1.04%
STXSeagate Technology Holdings PLC0.94%
QCOMQUALCOMM Inc.0.84%
ASMLASML Holding N.V.0.79%
TMUST-Mobile US, Inc.0.79%
GILDGilead Sciences, Inc.0.68%
ARM HOLDINGS PLC0.65%
SHOPShopify Inc.0.60%

Questions people ask

Is IWY the same as QQQ?

60.3% of their weight sits in the same 43 holdings. IWY also reports LLY, V, CAT, which the other does not. QQQ also reports INTC, CSCO, LIN, which the other does not.

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

Which holds more, QQQ or IWY?

IWY reports 100 stock positions and QQQ reports 101. 21.9% of IWY's weight sits in names QQQ does not hold, and 23.0% of QQQ's weight in names IWY does not hold. The ten largest positions are 62.8% of IWY and 47.8% of QQQ.

How do IWY and QQQ differ by sector?

The widest gap is Technology: IWY has 5.8 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.

Other pairs with these funds

IWY against other funds in the table

QQQ 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.