ITOT vs QQQ Overlap AnalysisOverlap
Comparing iShares Core S&P Total U.S. Stock Market ETF and Invesco QQQ Trust
Visual Overlap
Price Performance
Historical price comparison over 3M
๐Performance Comparison
โ ๏ธRisk Metrics
Interpretation:
- ๐ Lower volatility = smoother ride
- โก Higher Sharpe/Sortino = better risk-adjusted returns
- โ ๏ธ Smaller max drawdown = less worst-case pain
- ๐ Beta > 1 = more volatile than S&P 500
โ๏ธHead-to-Head Comparison
๐ ITOT wins this comparison
Key Factors
โถAdditional Metrics (5)
Bottom line: ITOT wins with better expense ratio and number of holdings. Consider ITOT for your portfolio, but QQQ is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
86 shared holdings representing 47.6% portfolio overlap
Top Shared Holdings
| # | Stock | ITOT Weight | QQQ Weight | Overlap |
|---|---|---|---|---|
| 1 | NVDA NVDA | 7.33% | 8.99% | 7.33% |
| 2 | AAPL AAPL | 6.04% | 7.94% | 6.04% |
| 3 | MSFT MSFT | 5.68% | 7.12% | 5.68% |
| 4 | AMZN AMZN | 3.64% | 4.87% | 3.64% |
| 5 | GOOGL GOOGL | 2.55% | 3.58% | 2.55% |
| 6 | AVGO AVGO | 2.54% | 3.24% | 2.54% |
| 7 | META META | 2.07% | 3.85% | 2.07% |
| 8 | GOOG GOOG | 2.05% | 3.35% | 2.05% |
| 9 | TSLA TSLA | 1.89% | 4.21% | 1.89% |
| 10 | NFLX NFLX | 0.72% | 2.15% | 0.72% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in ITOT
Unique to ITOT
| Symbol | Name | Weight |
|---|---|---|
| BRK-B | BRK-B | 1.38% |
| JPM | JPM | 1.31% |
| LLY | LLY | 1.16% |
| V | V | 0.86% |
| XOM | XOM | 0.76% |
Top Holdings Only in QQQ
Unique to QQQ
| Symbol | Name | Weight |
|---|---|---|
| SHOP | SHOP | 1.12% |
| MELI | MELI | 0.55% |
| ASML | ASML | 0.51% |
| PDD | PDD | 0.41% |
| WDC | WDC | 0.33% |
Price Correlation
How We Calculate Overlap
We use the minimum weight method with normalization to calculate portfolio overlap:
Overlap = ฮฃ min(weightA, weightB) for each shared holdingNormalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).
Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.
๐ This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.