QQQ vs XLF Overlap Analysis

Comparing Invesco QQQ Trust and Financial Select Sector SPDR Fund

Holdings Overlap
0.00%
Very Low Overlap
Shared Holdings
0 of 10
Complete portfolio analysis
Calculation Method
Min Weight
Weighted intersection

Visual Overlap

QQQ
XLF
0.0%
QQQ Only
Overlap
XLF Only

⚔️Head-to-Head Comparison

10 - 7

🏆 QQQ wins this comparison

Key Factors

💰 Expense Ratio
QQQ:0.20%
vs
XLF:0.10%
🎯 Number of Holdings
QQQ:101 holdings
vs
XLF:68 holdings
📈 5-Year Return
QQQ:+20.1%
vs
XLF:+14.8%
Additional Metrics (5)
⚖️ Concentration Risk
QQQ: 53.5% in top 10
XLF: 0.6% in top 10
📊 Assets Under Management
QQQ: $220B ✓
XLF: $40B
Sharpe Ratio
QQQ: 0.88
XLF: 0.65
📉 Volatility
QQQ: 22.5%
XLF: 21.5%
🔍 Uniqueness vs SPY
QQQ: 47.5% unique
XLF: 94.4% unique

Bottom line: QQQ wins with better number of holdings and 5-year return. Consider QQQ for your portfolio, but XLF is still a solid choice if you prefer its specific advantages.

Shared Holdings (0 of 10 analyzed)

QQQ & XLF Intersection

SymbolNameQQQXLFMin

Min Weight: The minimum weight between the two ETFs for each shared holding. This represents the true overlap contribution.

Data sourced from official fund providers. Showing top holdings for educational analysis.

Top Holdings Only in QQQ

Unique to QQQ

SymbolNameWeight
NVDANVDA9.28%
AAPLAAPL8.94%
MSFTMSFT7.66%
AVGOAVGO6.25%
AMZNAMZN5.26%

Top Holdings Only in XLF

Unique to XLF

SymbolNameWeight
BRK.BBerkshire Hathaway Inc Class B0.13%
JPMJPMorgan Chase & Co0.11%
VVisa Inc0.08%
MAMastercard Inc0.07%
BACBank of America0.06%

Price Correlation

How We Calculate Overlap

We use the minimum weight method with normalization to calculate portfolio overlap:

Overlap = Σ min(weightA, weightB) for each shared holding

Normalization: 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.

📊 This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.

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