ETF and Mutual Fund Analysis

Holdings as of March 31, 2026

ETF and Mutual Fund Analysis

Overlap, Comparison, and Diversification for Your Portfolio

Home > Compare > QQQ vs VUG Holdings as of March 31, 2026

QQQ vs VUG: Portfolio Overlap

Invesco QQQ Trust, Series 1 vs Vanguard Growth Index Fund

59.1%
Weighted portfolio overlap
High Overlap

The two funds are running highly redundant strategies — the same market exposure is paid for through two expense ratios.

QQQ
101 equity holdings
as of March 31, 2026
VUG
153 equity holdings
as of March 31, 2026
56 stocks held in common
Overlap View Venn Diagram
59.1% OVERLAP QQQ VUG
Overlapping Holdings
10 Top 10 of 56 shared, by overlap contribution
# Stock QQQ VUG Overlap%
1
NVDA
 8.69% 13.33% 8.69%
2
AAPL
 7.64% 12.33% 7.64%
3
MSFT
 5.64% 9.10% 5.64%
4
AMZN
 4.59% 4.60% 4.59%
5
TSLA
 3.81% 3.48% 3.48%
6
META
 3.46% 4.15% 3.46%
7
GOOGL
 3.43% 5.54% 3.43%
8
GOOG
 3.20% 4.39% 3.20%
9
AVGO
 3.01% 4.41% 3.01%
10
COST
 2.50% 1.48% 1.48%
Most Divergent Holdings Stocks held by one fund but absent from the other
Only in QQQ — Invesco QQQ Trust, Series 1
StockWeight
WMT3.44%
MU2.15%
CSCO1.74%
LIN1.30%
INTC1.25%
Only in VUG — VANGUARD GROWTH INDEX FUND
StockWeight
LLY2.60%
V1.65%
MA1.33%
ORCL0.86%
GEV0.80%

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Frequently Asked Questions (FAQs)
What is the portfolio overlap between QQQ and VUG?

QQQ (Invesco QQQ Trust, Series 1) and VUG (Vanguard Growth Index Fund) share 59.1% portfolio overlap as of their March 31, 2026 filings, across 56 common stocks. Overlap is the sum of the smaller weight of each shared stock, so it reads as the share of a dollar that lands on the same companies in both funds.

Do QQQ and VUG invest in the same stocks?

Largely yes. A substantial portion of both portfolios consists of the same stocks, leaving limited room for differentiation.

What are the top stocks held by both QQQ and VUG?

The most prominent shared holdings (by combined weight) are: NVDA, AAPL, MSFT. See the full common-holdings table on this page for weights in each fund.

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