ETF Overlap Checker / QQQM vs VYM Overlap

Guardfolio Research · ETF Overlap

QQQM vs VYM Overlap: 3.4% of Weight in Shared Holdings

QQQM (Invesco Nasdaq-100) 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

Weight Overlap3.4%
Shared Top-101 of 10
Sector Overlap42.0%
Combined Expense0.20%

Bottom line

QQQM 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 QQQM 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 QQQM 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

QQQM 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 QQQM VYM
Technology 53.5% 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 QQQM and VYM?

QQQM 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

QQQM vs VYM overlap: common questions

How much do QQQM and VYM overlap?

QQQM (Invesco Nasdaq-100) 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 QQQM and VYM both hold?

Both QQQM 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 QQQM and VYM?

QQQM 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 QQQM and VYM?

QQQM is a large-cap growth fund (US Large-Cap Growth (Nasdaq-100), 0.15% expense ratio) and VYM is a dividend fund (US Dividend, 0.06% expense ratio). QQQM's top 10 is 47.7% of the fund; VYM's is 25.5%.

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Updated 2026-06-20 · Author: Elad Nahum · Source: Guardfolio Research · Educational content only — not investment advice.