Guardfolio Research · ETF Overlap
QQQ vs VYM Overlap: 3.4% of Weight in Shared Holdings
QQQ (Invesco QQQ) and VYM (Vanguard High Dividend Yield) overlap by 3.4% of weight through 1 shared top-10 holdings — including AVGO. Here is exactly which stocks duplicate, the sector picture, and whether holding both concentrates or diversifies your portfolio.
Overlap Summary
Bottom line
QQQ and VYM barely overlap at the top — only 3.4% of weight in 1 shared name. For most purposes these behave as distinct exposures..
The Data
Exactly which stocks QQQ and VYM share
The table below shows every holding that appears in both funds' top 10, with each fund's weight and the shared (minimum) weight that counts toward overlap.
| Holding | QQQ weight | VYM weight | Shared (min) |
|---|---|---|---|
| Broadcom Inc. (AVGO) | 3.40% | 8.00% | 3.40% |
| Total shared top-10 weight | 3.4% | 8.0% | 3.4% |
Weights are approximate, based on the most recent quarterly holdings. The 3.4% figure is the sum of the lesser of each fund's weight per shared holding (the conservative top-10 method).
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Sector Picture
QQQ vs VYM: sector exposure side by side
Two funds can share few holdings yet still concentrate the same sectors. Here is how the top sectors compare (42.0% combined sector overlap).
| Sector | QQQ | VYM |
|---|---|---|
| Technology | 53.6% | 14.5% |
| Consumer Discretionary | 13.0% | 7.2% |
| Consumer Staples | 5.0% | 11.8% |
| Industrials | 4.6% | 12.4% |
| Healthcare | 4.3% | 11.9% |
| Communication Services | 12.6% | 2.8% |
The Verdict
Should you hold both QQQ and VYM?
QQQ and VYM barely overlap at the top — only 3.4% of weight in 1 shared name. For most purposes these behave as distinct exposures.
FAQ
QQQ vs VYM overlap: common questions
How much do QQQ and VYM overlap?
QQQ (Invesco QQQ) and VYM (Vanguard High Dividend Yield) overlap by approximately 3.4% of weight based on their top-10 holdings, with 42.0% sector overlap. They share 1 top-10 holding: AVGO.
What stocks do QQQ and VYM both hold?
Both QQQ and VYM hold Broadcom Inc (AVGO) among their top positions. These shared names account for the 3.4% weight overlap.
Is it worth holding both QQQ and VYM?
QQQ and VYM barely overlap at the top — only 3.4% of weight in 1 shared name. For most purposes these behave as distinct exposures.
What is the difference between QQQ and VYM?
QQQ is a large-cap growth fund (US Large-Cap Growth (Nasdaq-100), 0.20% expense ratio) and VYM is a dividend fund (US Dividend, 0.06% expense ratio). QQQ's top 10 is 47.7% of the fund; VYM's is 25.5%.
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