ETF and Mutual Fund Analysis

Holdings as of May 31, 2026 (QQQM) and August 12, 2026 (XLK)

ETF and Mutual Fund Analysis

Overlap, Comparison, and Diversification for Your Portfolio

Home > Compare > QQQM vs XLK Holdings as of May 31, 2026 (QQQM) and August 12, 2026 (XLK)

QQQM vs XLK: Portfolio Overlap

Invesco NASDAQ 100 ETF vs State Street(R) Technology Select Sector SPDR(R) ETF

55.1%
Weighted portfolio overlap
High Overlap

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

QQQM
101 equity holdings
as of May 31, 2026
XLK
75 equity holdings
as of August 12, 2026
35 stocks held in common
Overlap View Venn Diagram
55.1% OVERLAP QQQM XLK
Overlapping Holdings
10 Top 10 of 35 shared, by overlap contribution
# Stock QQQM XLK Overlap%
1
NVDA
 8.16% 14.39% 8.16%
2
AAPL
 7.29% 11.77% 7.29%
3
MSFT
 5.32% 9.70% 5.32%
4
MU
 4.80% 3.75% 3.75%
5
AMD
 3.70% 3.98% 3.70%
6
AVGO
 3.37% 5.22% 3.37%
7
INTC
 2.52% 3.23% 2.52%
8
CSCO
 2.09% 3.17% 2.09%
9
LRCX
 1.75% 2.64% 1.75%
10
PLTR
 1.58% 2.54% 1.58%
Most Divergent Holdings Stocks held by one fund but absent from the other
Only in QQQM — Invesco NASDAQ 100 ETF
StockWeight
AMZN4.62%
GOOGL3.52%
TSLA3.46%
GOOG3.26%
META2.97%
Only in XLK — State Street(R) Technology Select Sector SPDR(R) ETF
StockWeight
ORCL1.68%
IBM1.44%
ANET1.41%
APH1.35%
CRM1.02%

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Frequently Asked Questions (FAQs)
What is the portfolio overlap between QQQM and XLK?

QQQM (Invesco NASDAQ 100 ETF) and XLK (State Street(R) Technology Select Sector SPDR(R) ETF) share 55.1% portfolio overlap as of QQQM's May 31, 2026 filing and XLK's August 12, 2026 filing, across 35 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 QQQM and XLK 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 QQQM and XLK?

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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