QQQM vs VGT Overlap
QQQM is an equity ETF from Invesco, while VGT is a technology-focused equity ETF from Vanguard. QQQM and VGT show meaningful overlap, with an estimated weighted overlap of 47.82%. They share 37 holdings in the loaded dataset, led by NVDA, AAPL, and MSFT.
Served from cache.
Quick Answer
QQQM is an equity ETF from Invesco, while VGT is a technology-focused equity ETF from Vanguard. QQQM and VGT show meaningful overlap, with an estimated weighted overlap of 47.82%. They share 37 holdings in the loaded dataset, led by NVDA, AAPL, and MSFT.
- 47.82% weighted overlap across 37 shared holdings.
- The top three shared holdings explain 46.3% of the measured overlap.
- QQQM is the broader fund, while VGT is more targeted.
- The overlap is mostly explained by the top shared positions rather than sector labels alone.
- Holding both may add less diversification than the fund names imply.
Data Freshness
- QQQM holdings
- Mar 12, 2026
- VGT holdings
- Mar 12, 2026
- Overlap computed
- Mar 13, 2026
- Data source
- Financial Modeling Prep
Review the methodology for the overlap formula and refresh policy.
Compare another pair
About These ETFs
What Stands Out In This Comparison
What This Means
QQQM is an equity ETF from Invesco, while VGT is a technology-focused equity ETF from Vanguard. QQQM and VGT overlap enough to matter, but they still bring different exposures to a portfolio. The overlap is concentrated in holdings such as NVDA, AAPL, and MSFT, which explains why the score lands at 47.82%.
How They Differ
QQQM is an equity ETF from Invesco, while VGT is a technology-focused equity ETF from Vanguard. QQQM is the broader fund, while VGT is the more targeted sleeve. VGT has the lower expense ratio, while QQQM charges more for its exposure.
What Drives The Overlap
The overlap is driven by a relatively small set of large shared positions. The top three shared holdings account for 46.3% of the score, which means the result is heavily influenced by the biggest common weights rather than a long tail of tiny positions.
When One May Fit Better
If you want the broader portfolio building block, QQQM is usually the wider choice. If you want the more focused tilt, VGT is the narrower expression. VGT has the lower expense ratio, while QQQM charges more for its exposure.
Overlap Driver Snapshot
Concentration
The top three shared holdings explain 46.3% 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.
Top Shared Holdings
These are the holdings contributing the most to the overlap score between QQQM and VGT.
| Holding | Name | QQQM Wt. | VGT Wt. | Overlap |
|---|---|---|---|---|
| NVDA | NVIDIA Corp | 8.75% | 18.06% | 8.75% |
| AAPL | Apple Inc | 7.51% | 14.34% | 7.51% |
| MSFT | Microsoft Corp | 5.88% | 10.94% | 5.88% |
| AVGO | Broadcom Inc | 3.15% | 4.33% | 3.15% |
| MU | Micron Technology Inc | 2.44% | 2.35% | 2.35% |
| AMD | Advanced Micro Devices Inc | 1.78% | 1.90% | 1.78% |
| PLTR | Palantir Technologies Inc | 1.86% | 1.62% | 1.62% |
| CSCO | Cisco Systems Inc | 1.65% | 1.56% | 1.56% |
| LRCX | Lam Research Corp | 1.46% | 1.52% | 1.46% |
| AMAT | Applied Materials Inc | 1.48% | 1.34% | 1.34% |
Why These ETFs Overlap
QQQM is an equity ETF from Invesco, while VGT is a technology-focused 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 NVDA, AAPL, and MSFT, which appear in both portfolios and push the overlap score higher.
Holding both QQQM and VGT can still be reasonable, but you should expect some duplication. The decision comes down to whether the non-overlapping parts of each ETF are important enough for your strategy.
Related Comparisons
Frequently Asked Questions About QQQM and VGT
What is the overlap between QQQM and VGT?+
How many holdings do QQQM and VGT share?+
Is the QQQM and VGT overlap high?+
Why do QQQM and VGT overlap?+
Which ETF is broader, QQQM or VGT?+
How Overlap Is Calculated
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.