QQQ vs QQQM: Complete Comparison
Invesco QQQ Trust vs Invesco NASDAQ 100 ETF โ overlap, correlation, performance & risk analysis
Visual Overlap
๐Performance Comparison
โ๏ธHead-to-Head Comparison
๐ QQQ wins this comparison
Key Factors
โถAdditional Metrics (3)
Bottom line: QQQ wins with better expense ratio and number of holdings. Consider QQQ for your portfolio, but QQQM is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
10 shared holdings representing 49.5% portfolio overlap
Top Shared Holdings
| # | Stock | QQQ Weight | QQQM Weight | Overlap |
|---|---|---|---|---|
| 1 | AAPL AAPL | 7.94% | 8.85% | 7.94% |
| 2 | NVDA NVDA | 8.99% | 7.45% | 7.45% |
| 3 | MSFT MSFT | 7.12% | 7.92% | 7.12% |
| 4 | AMZN AMZN | 4.87% | 5.38% | 4.87% |
| 5 | META META | 3.85% | 3.82% | 3.82% |
| 6 | AVGO AVGO | 3.24% | 3.55% | 3.24% |
| 7 | GOOGL GOOGL | 3.58% | 2.85% | 2.85% |
| 8 | GOOG GOOG | 3.35% | 2.45% | 2.45% |
| 9 | TSLA TSLA | 4.21% | 2.38% | 2.38% |
| 10 | COST COST | 2.09% | 2.28% | 2.09% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in QQQ
Unique to QQQ
| Symbol | Name | Weight |
|---|---|---|
| PLTR | PLTR | 2.40% |
| NFLX | NFLX | 2.15% |
| AMD | AMD | 1.90% |
| MU | MU | 1.75% |
| CSCO | CSCO | 1.67% |
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.