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

QQQ and VUG share 59.2% of their weight across 55 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.

QQQ and VUG

59.2%

55 shared positions

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

VUG

VANGUARD GROWTH INDEX FUND

Reported positions cover 100% of the fund, 144 positions · Jun 30, 2026

Top 10: 63.1%·Holdings of VUG

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

VUG vs QQQ side by side

QQQInvesco QQQ Trust, Series 1

101

stock positions reported to the SEC

26.0% of its weight is in 46 names VUG does not hold

VUGVANGUARD GROWTH INDEX FUND

144

stock positions reported to the SEC

20.7% of its weight is in 89 names QQQ does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
70.7%
72.2%
Consumer Cyclical
10.6%
10.9%
Consumer Defensive
5.5%
0.0%
Healthcare
3.9%
4.7%
Financial Services
0.0%
3.7%
Communication Services
2.9%
0.0%

The widest gap is Consumer Defensive: QQQ has 5.5 points more of it.

The figures side by side

QQQVUG
Filing dateJun 30, 2026Jun 30, 2026
Stock positions reported101144
Weight of the ten largest47.8%63.1%
Largest positionNVDA 7.6%NVDA 12.6%
Held alone46 positions, 26.0%89 positions, 20.7%
Covered by stock positions100%100%

Holdings they share

StockIn QQQIn VUGCounted
NVDANVIDIA Corp.7.60%12.63%7.60%
AAPLApple Inc.6.67%11.67%6.67%
GOOGLAlphabet Inc.6.29%10.29%6.29%
MSFTMicrosoft Corp.4.35%7.61%4.35%
AMZNAmazon.com, Inc.4.02%4.47%4.02%
TSLATesla, Inc.3.30%3.27%3.27%
AVGOBroadcom Inc.2.81%4.28%2.81%
AMDAdvanced Micro Devices, Inc.4.10%2.62%2.62%
METAMeta Platforms, Inc.2.62%3.41%2.62%
AMATApplied Materials, Inc.2.49%1.60%1.60%

What each holds alone

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

Only in QQQ

MUMicron Technology, Inc.5.64%
WMTWalmart Inc.2.39%
CSCOCisco Systems, Inc.2.01%
LINLinde PLC1.04%
AMGNAmgen Inc.0.85%
ADIAnalog Devices, Inc.0.84%
QCOMQUALCOMM Inc.0.84%
PEPPepsiCo, Inc.0.80%
ASMLASML Holding N.V.0.79%
TMUST-Mobile US, Inc.0.79%

Only in VUG

LLYEli Lilly & Co2.81%
VVisa Inc1.54%
MAMastercard Inc1.13%
GEVGE Vernova Inc0.89%
ORCLOracle Corp0.71%
APHAmphenol Corp0.61%
GENERAL ELECTRIC CO0.55%
MCDMcDonald's Corp0.54%
ANETArista Networks Inc0.52%
BABoeing Co/The0.48%

Questions people ask

Is QQQ the same as VUG?

59.2% of their weight sits in the same 55 holdings. QQQ also reports MU, WMT, CSCO, which the other does not. VUG also reports LLY, V, MA, which the other does not.

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

Which holds more, VUG or QQQ?

QQQ reports 101 stock positions and VUG reports 144. 26.0% of QQQ's weight sits in names VUG does not hold, and 20.7% of VUG's weight in names QQQ does not hold. The ten largest positions are 47.8% of QQQ and 63.1% of VUG.

How do QQQ and VUG differ by sector?

The widest gap is Consumer Defensive: QQQ has 5.5 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.

Other pairs with these funds

QQQ against other funds in the table

VUG 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.