QQQM vs XLK overlap - what they share and where they differ
QQQM and XLK share 56.6% of their weight across 36 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.
QQQM and XLK
56.6%
36 shared positions
QQQM
Invesco NASDAQ 100 ETF
Reported positions cover 100% of the fund, 100 positions · May 31, 2026
Top 10: 50.3%·Holdings of QQQM
XLK
State Street(R) Technology Select Sector SPDR(R) ETF
Reported positions cover 100% of the fund, 74 positions · Jun 30, 2026
Top 10: 64.5%·Holdings of XLK
Reported positions cover QQQM 100%, XLK 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
XLK vs QQQM side by side
QQQMInvesco NASDAQ 100 ETF
100
stock positions reported to the SEC
42.8% of its weight is in 64 names XLK does not hold
XLKState Street(R) Technology Select Sector SPDR(R) ETF
74
stock positions reported to the SEC
13.9% of its weight is in 38 names QQQM does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: XLK has 27.0 points more of it.
The figures side by side
| QQQM | XLK | |
|---|---|---|
| Filing date | May 31, 2026 | Jun 30, 2026 |
| Stock positions reported | 100 | 74 |
| Weight of the ten largest | 50.3% | 64.5% |
| Largest position | NVDA 8.1% | NVDA 14.7% |
| Held alone | 64 positions, 42.8% | 38 positions, 13.9% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In QQQM | In XLK | Counted |
|---|---|---|---|
| NVDANVIDIA Corp. | 8.13% | 14.65% | 8.13% |
| AAPLApple Inc. | 7.26% | 12.85% | 7.26% |
| MSFTMicrosoft Corp. | 5.30% | 8.38% | 5.30% |
| MUMicron Technology, Inc. | 4.78% | 5.42% | 4.78% |
| AMDAdvanced Micro Devices, Inc. | 3.68% | 5.28% | 3.68% |
| AVGOBroadcom Inc. | 3.36% | 5.41% | 3.36% |
| INTCIntel Corp. | 2.51% | 3.68% | 2.51% |
| CSCOCisco Systems, Inc. | 2.08% | 2.58% | 2.08% |
| LRCXLam Research Corp. | 1.74% | 3.02% | 1.74% |
| AMATApplied Materials, Inc. | 1.56% | 3.20% | 1.56% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in QQQM
Only in XLK
Questions people ask
Is QQQM the same as XLK?
56.6% of their weight sits in the same 36 holdings. QQQM also reports GOOGL, AMZN, TSLA, which the other does not. XLK also reports IBM, ORCL, APH, which the other does not.
How is the overlap between QQQM and XLK 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 QQQM and 100% of XLK, so the number cannot exceed the smaller coverage.
Which holds more, XLK or QQQM?
QQQM reports 100 stock positions and XLK reports 74. 42.8% of QQQM's weight sits in names XLK does not hold, and 13.9% of XLK's weight in names QQQM does not hold. The ten largest positions are 50.3% of QQQM and 64.5% of XLK.
How do QQQM and XLK differ by sector?
The widest gap is Technology: XLK has 27.0 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.