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

MOAT and QTEC share 17.5% of their weight across 9 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 QTEC

17.5%

9 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

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 MOAT 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 MOAT side by side

MOATVanEck Morningstar Wide Moat ETF

55

stock positions reported to the SEC

80.7% of its weight is in 46 names QTEC does not hold

QTECFirst Trust NASDAQ-100-Technology Sector Index Fund

46

stock positions reported to the SEC

80.3% of its weight is in 37 names MOAT does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
37.5%
91.0%
Consumer Defensive
16.8%
0.0%
Healthcare
15.4%
4.9%
Consumer Cyclical
10.6%
0.0%
Financial Services
7.9%
0.0%
Communication Services
0.0%
2.0%

The widest gap is Technology: QTEC has 53.5 points more of it.

The figures side by side

MOATQTEC
Filing dateJun 30, 2026Jun 30, 2026
Stock positions reported5546
Weight of the ten largest25.3%28.7%
Largest positionMAS 3.0%AMAT 3.4%
Held alone46 positions, 80.7%37 positions, 80.3%
Covered by stock positions100%100%

Holdings they share

StockIn MOATIn QTECCounted
PANWPalo Alto Networks Inc2.51%2.54%2.51%
AMATApplied Materials Inc2.34%3.37%2.34%
DDOGDatadog Inc2.44%2.21%2.21%
FTNTFortinet Inc2.21%2.33%2.21%
NVDANVIDIA Corp2.45%1.99%1.99%
AVGOBroadcom Inc2.43%1.77%1.77%
MSFTMicrosoft Corp2.20%1.74%1.74%
NXPINXP Semiconductors NV1.60%1.83%1.60%
METAMeta Platforms Inc1.17%1.87%1.17%

What each holds alone

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

Only in MOAT

MASMasco Corp2.96%
KVUEKenvue Inc2.59%
ABNBAirbnb Inc2.56%
BF.ABrown-Forman Corp2.49%
SCHWCharles Schwab Corp/The2.45%
BMYBristol-Myers Squibb Co2.43%
DHRDanaher Corp2.41%
VEEVVeeva Systems Inc2.41%
MDLZMondelez International Inc2.34%
STZConstellation Brands Inc2.32%

Only in QTEC

KLACKLA CORP3.29%
MRVLMARVELL TECHNOLOGY INC3.04%
ALABASTERA LABS INC2.95%
LRCXLAM RESEARCH CORP2.85%
SNDKSANDISK CORP2.81%
TERTERADYNE INC2.71%
ASMLASML HOLDING NV2.59%
INTCINTEL CORP2.55%
WDCWESTERN DIGITAL CORP2.52%
NBISNEBIUS GROUP NV2.50%

Questions people ask

Is MOAT the same as QTEC?

17.5% of their weight sits in the same 9 holdings. MOAT also reports MAS, KVUE, ABNB, which the other does not. QTEC also reports KLAC, MRVL, ALAB, which the other does not.

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

Which holds more, QTEC or MOAT?

MOAT reports 55 stock positions and QTEC reports 46. 80.7% of MOAT's weight sits in names QTEC does not hold, and 80.3% of QTEC's weight in names MOAT does not hold. The ten largest positions are 25.3% of MOAT and 28.7% of QTEC.

How do MOAT and QTEC differ by sector?

The widest gap is Technology: QTEC has 53.5 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.

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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.