QTEC vs SPHQ overlap - what they share and where they differ
QTEC and SPHQ share 24.9% of their weight across 14 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.
QTEC and SPHQ
24.9%
14 shared positions
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
SPHQ
Invesco S&P 500 Quality ETF
Reported positions cover 100% of the fund, 100 positions · Jul 31, 2026
Top 10: 43.1%·Holdings of SPHQ
Reported positions cover QTEC 100%, SPHQ 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
SPHQ vs QTEC side by side
QTECFirst Trust NASDAQ-100-Technology Sector Index Fund
46
stock positions reported to the SEC
68.1% of its weight is in 32 names SPHQ does not hold
SPHQInvesco S&P 500 Quality ETF
100
stock positions reported to the SEC
69.1% of its weight is in 86 names QTEC does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: QTEC has 57.2 points more of it.
The figures side by side
| QTEC | SPHQ | |
|---|---|---|
| Filing date | Jun 30, 2026 | Jul 31, 2026 |
| Stock positions reported | 46 | 100 |
| Weight of the ten largest | 28.7% | 43.1% |
| Largest position | AMAT 3.4% | MA 5.8% |
| Held alone | 32 positions, 68.1% | 86 positions, 69.1% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In QTEC | In SPHQ | Counted |
|---|---|---|---|
| LRCXLAM RESEARCH CORP | 2.85% | 3.97% | 2.85% |
| AMATAPPLIED MATERIALS INC | 3.37% | 2.63% | 2.63% |
| WDCWESTERN DIGITAL CORP | 2.52% | 3.08% | 2.52% |
| KLACKLA CORP | 3.29% | 2.37% | 2.37% |
| SNDKSANDISK CORP | 2.81% | 2.37% | 2.37% |
| TXNTEXAS INSTRUMENTS INC | 2.04% | 2.21% | 2.04% |
| AAPLAPPLE INC | 1.94% | 5.21% | 1.94% |
| APPAPPLOVIN CORP | 1.76% | 2.06% | 1.76% |
| QCOMQUALCOMM INC | 1.54% | 2.05% | 1.54% |
| STXSEAGATE TECHNOLOGY HOLDINGS PLC | 2.30% | 1.50% | 1.50% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in QTEC
Only in SPHQ
Questions people ask
Is QTEC the same as SPHQ?
24.9% of their weight sits in the same 14 holdings. QTEC also reports MRVL, ALAB, TER, which the other does not. SPHQ also reports MA, V, GEV, which the other does not.
How is the overlap between QTEC and SPHQ 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 QTEC and 100% of SPHQ, so the number cannot exceed the smaller coverage.
Which holds more, SPHQ or QTEC?
QTEC reports 46 stock positions and SPHQ reports 100. 68.1% of QTEC's weight sits in names SPHQ does not hold, and 69.1% of SPHQ's weight in names QTEC does not hold. The ten largest positions are 28.7% of QTEC and 43.1% of SPHQ.
How do QTEC and SPHQ differ by sector?
The widest gap is Technology: QTEC has 57.2 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.
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.