QQQ is an equity ETF from Invesco, while VTV is a U.S. value equity ETF from Vanguard. QQQ and VTV show limited overlap, with an estimated weighted overlap of 17.47%. They share 41 holdings in the loaded dataset, led by WMT, MU, and CSCO.
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QQQ is an equity ETF from Invesco, while VTV is a U.S. value equity ETF from Vanguard. QQQ and VTV show limited overlap, with an estimated weighted overlap of 17.47%. They share 41 holdings in the loaded dataset, led by WMT, MU, and CSCO.
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QQQ is an equity ETF from Invesco, while VTV is a U.S. value equity ETF from Vanguard. QQQ and VTV do not own much of the same portfolio weight. That usually means you are combining different parts of the market, with only a small amount of duplication through names like WMT, MU, and CSCO.
QQQ is an equity ETF from Invesco, while VTV is a U.S. value equity ETF from Vanguard. Neither fund clearly dominates on breadth, so the practical difference is more about weighting, index construction, and cost. VTV has the lower expense ratio, while QQQ charges more for its exposure.
The overlap is driven by a relatively small set of large shared positions. The top three shared holdings account for 28.17% of the score, which means the result is heavily influenced by the biggest common weights rather than a long tail of tiny positions.
Because QQQ and VTV are closer in breadth, the better fit usually comes down to index methodology, issuer preference, and cost. VTV has the lower expense ratio, while QQQ charges more for its exposure.
Concentration
The top three shared holdings explain 28.17% of the full overlap score.
That helps show whether the score comes from a handful of giant shared positions or from a broader mix of common holdings.
Shared Sector Tilt
Sector tags are not consistently available for the biggest shared positions in this dataset, so this comparison leans more on the specific holdings than on sector labels.
These are the holdings contributing the most to the overlap score between QQQ and VTV.
| Holding | Name | QQQ Wt. | VTV Wt. | Overlap |
|---|---|---|---|---|
| WMT | Walmart Inc. | 3.43% | 2.23% | 2.23% |
| MU | Micron Technology, Inc. | 2.15% | 1.56% | 1.56% |
| CSCO | Cisco Systems, Inc. | 1.73% | 1.13% | 1.13% |
| LIN | Linde PLC | 1.30% | 0.94% | 0.94% |
| PEP | PepsiCo, Inc. | 1.20% | 0.87% | 0.87% |
| AMGN | Amgen Inc. | 1.07% | 0.78% | 0.78% |
| INTC | Intel Corp. | 1.25% | 0.72% | 0.72% |
| GILD | Gilead Sciences, Inc. | 0.98% | 0.71% | 0.71% |
| ADI | Analog Devices, Inc. | 0.88% | 0.64% | 0.64% |
| 438516106 | Honeywell International Inc. | 0.81% | 0.59% | 0.59% |
QQQ is an equity ETF from Invesco, while VTV is a U.S. value equity ETF from Vanguard. The overlap exists because both funds allocate meaningful weight to the same holdings. In this dataset, the biggest shared drivers are WMT, MU, and CSCO, which appear in both portfolios and push the overlap score higher.
Holding both QQQ and VTV can make sense if you want exposure to different sleeves of the market. The overlap is small enough that both funds may still improve diversification.
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A straightforward approach used by portfolio analysts.
For every stock that appears in both ETFs, we take the smaller of the two weights. Adding up all those minimums gives the total overlap percentage. A score of 100% means the two ETFs hold the exact same stocks in the same proportions.
Want the full explanation? Read the methodology page.