MOAT vs QQQM overlap - what they share and where they differ

MOAT and QQQM share 15.4% of their weight across 16 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.

MOAT and QQQM

15.4%

16 shared positions

MOAT

VanEck Morningstar Wide Moat ETF

Reported positions cover 100% of the fund, 55 positions · Jun 30, 2026

Top 10: 25.3%·Holdings of MOAT

QQQM

Invesco NASDAQ 100 ETF

Reported positions cover 100% of the fund, 100 positions · May 31, 2026

Top 10: 50.3%·Holdings of QQQM

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

QQQM vs MOAT side by side

MOATVanEck Morningstar Wide Moat ETF

55

stock positions reported to the SEC

67.8% of its weight is in 39 names QQQM does not hold

QQQMInvesco NASDAQ 100 ETF

100

stock positions reported to the SEC

69.5% of its weight is in 84 names MOAT does not hold

Where each fund's weight sits

MOAT
QQQM
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
37.5%
69.8%
Consumer Defensive
16.8%
5.7%
Healthcare
15.4%
3.6%
Consumer Cyclical
10.6%
11.3%
Financial Services
7.9%
0.0%
Communication Services
0.0%
3.4%

The widest gap is Technology: QQQM has 32.3 points more of it.

The figures side by side

MOATQQQM
Filing dateJun 30, 2026May 31, 2026
Stock positions reported55100
Weight of the ten largest25.3%50.3%
Largest positionMAS 3.0%NVDA 8.1%
Held alone39 positions, 67.8%84 positions, 69.5%
Covered by stock positions100%100%

Holdings they share

StockIn MOATIn QQQMCounted
NVDANVIDIA Corp2.45%8.13%2.45%
AVGOBroadcom Inc2.43%3.36%2.43%
MSFTMicrosoft Corp2.20%5.30%2.20%
AMATApplied Materials Inc2.34%1.56%1.56%
AMZNAmazon.com Inc1.33%4.60%1.33%
METAMeta Platforms Inc1.17%2.96%1.17%
PANWPalo Alto Networks Inc2.51%1.01%1.01%
PEPPepsiCo Inc1.17%0.86%0.86%
FTNTFortinet Inc2.21%0.45%0.45%
MELIMercadoLibre Inc1.28%0.38%0.38%

What each holds alone

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

Only in MOAT

MASMasco Corp2.96%
KVUEKenvue Inc2.59%
BF.ABrown-Forman Corp2.49%
SCHWCharles Schwab Corp/The2.45%
BMYBristol-Myers Squibb Co2.43%
DHRDanaher Corp2.41%
VEEVVeeva Systems Inc2.41%
STZConstellation Brands Inc2.32%
LPLALPL Financial Holdings Inc2.30%
ZBHZimmer Biomet Holdings Inc2.30%

Only in QQQM

AAPLApple Inc.7.26%
GOOGLAlphabet Inc.6.75%
MUMicron Technology, Inc.4.78%
AMDAdvanced Micro Devices, Inc.3.68%
TSLATesla, Inc.3.45%
INTCIntel Corp.2.51%
WMTWalmart Inc.2.47%
CSCOCisco Systems, Inc.2.08%
COSTCostco Wholesale Corp.1.86%
LRCXLam Research Corp.1.74%

Questions people ask

Is MOAT the same as QQQM?

15.4% of their weight sits in the same 16 holdings. MOAT also reports MAS, KVUE, BF.A, which the other does not. QQQM also reports AAPL, GOOGL, MU, which the other does not.

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

Which holds more, QQQM or MOAT?

MOAT reports 55 stock positions and QQQM reports 100. 67.8% of MOAT's weight sits in names QQQM does not hold, and 69.5% of QQQM's weight in names MOAT does not hold. The ten largest positions are 25.3% of MOAT and 50.3% of QQQM.

How do MOAT and QQQM differ by sector?

The widest gap is Technology: QQQM has 32.3 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

QQQM 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.