ETF and Mutual Fund Analysis

Holdings as of March 31, 2026 (QQQ) and April 30, 2026 (VWO)

ETF and Mutual Fund Analysis

Overlap, Comparison, and Diversification for Your Portfolio

Home > Compare > QQQ vs VWO Holdings as of March 31, 2026 (QQQ) and April 30, 2026 (VWO)

QQQ vs VWO: Portfolio Overlap

Invesco QQQ Trust, Series 1 vs Vanguard Emerging Markets Stock Index Fund

0.4%
Weighted portfolio overlap
Low Overlap

Low Overlap. The two portfolios have highly distinct allocations: little of the weight sits in the same stocks.

QQQ
101 equity holdings
as of March 31, 2026
VWO
5012 equity holdings
as of April 30, 2026
1 stocks held in common
Overlap View Venn Diagram
0.4% OVERLAP QQQ VWO
Overlapping Holdings
1 Sorted by overlap contribution
# Stock QQQ VWO Overlap%
1
PDD
0.39% 0.66% 0.39%
Most Divergent Holdings Stocks held by one fund but absent from the other
Only in QQQ — Invesco QQQ Trust, Series 1
StockWeight
NVDA8.69%
AAPL7.64%
MSFT5.64%
AMZN4.59%
TSLA3.81%
Only in VWO — VANGUARD EMERGING MARKETS STOCK INDEX FUND
StockWeight
Taiwan Semiconductor Manufacturing Co Ltd14.73%
Tencent Holdings Ltd.3.28%
Alibaba Group Holding Ltd2.57%
Delta Electronics Inc1.18%
MediaTek Inc1.07%

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

QQQ (Invesco QQQ Trust, Series 1) and VWO (Vanguard Emerging Markets Stock Index Fund) share 0.4% portfolio overlap as of QQQ's March 31, 2026 filing and VWO's April 30, 2026 filing, across 1 common stock. 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 VWO invest in the same stocks?

Mostly not. Only a small portion of their portfolios overlaps — these funds hold largely different stocks and genuinely diversify each other.

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

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