SPLG vs QQQ: Complete Comparison
SPDR Portfolio S&P 500 ETF vs Invesco QQQ Trust 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 SPLG is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
9 shared holdings representing 47.4% portfolio overlap
Top Shared Holdings
| # | Stock | SPLG Weight | QQQ Weight | Overlap |
|---|---|---|---|---|
| 1 | AAPL Apple Inc | 7.10% | 7.94% | 7.10% |
| 2 | MSFT Microsoft Corp | 6.08% | 7.12% | 6.08% |
| 3 | NVDA NVIDIA Corp | 5.92% | 8.99% | 5.92% |
| 4 | AMZN Amazon.com Inc | 3.85% | 4.87% | 3.85% |
| 5 | META Meta Platforms Inc | 2.72% | 3.85% | 2.72% |
| 6 | GOOGL Alphabet Inc Class A | 2.18% | 3.58% | 2.18% |
| 7 | GOOG Alphabet Inc Class C | 1.82% | 3.35% | 1.82% |
| 8 | AVGO Broadcom Inc | 1.72% | 3.24% | 1.72% |
| 9 | TSLA Tesla Inc | 1.65% | 4.21% | 1.65% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in SPLG
Unique to SPLG
| Symbol | Name | Weight |
|---|---|---|
| BRK.B | Berkshire Hathaway Inc | 1.78% |
Top Holdings Only in QQQ
Unique to QQQ
| Symbol | Name | Weight |
|---|---|---|
| PLTR | PLTR | 2.40% |
| NFLX | NFLX | 2.15% |
| COST | COST | 2.09% |
| AMD | AMD | 1.90% |
| MU | MU | 1.75% |
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.