Guardfolio Research · ETF Overlap
VGT vs QQQM Overlap: 30.0% of Weight in Shared Holdings
VGT (Vanguard Information Technology) and QQQM (Invesco Nasdaq-100) overlap by 30.0% of weight through 6 shared top-10 holdings — including NVDA, AAPL, MSFT, AVGO, MU. Here is exactly which stocks duplicate, the sector picture, and whether holding both concentrates or diversifies your portfolio.
Overlap Summary
Bottom line
VGT and QQQM share 30.0% of their top-10 weight across 6 common holdings. That is significant overlap: the funds reinforce the same bet, so combining them concentrates you more than it diversifies.
The Data
Exactly which stocks VGT and QQQM 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 | VGT weight | QQQM weight | Shared (min) |
|---|---|---|---|
| NVIDIA Corp. (NVDA) | 18.60% | 9.34% | 9.34% |
| Apple Inc. (AAPL) | 14.82% | 7.14% | 7.14% |
| Microsoft Corp. (MSFT) | 10.02% | 4.96% | 4.96% |
| Broadcom Inc. (AVGO) | 4.60% | 3.40% | 3.40% |
| Micron Technology, Inc. (MU) | 2.62% | 3.93% | 2.62% |
| Advanced Micro Devices, Inc. (AMD) | 2.58% | 3.30% | 2.58% |
| Total shared top-10 weight | 53.2% | 32.1% | 30.0% |
Weights are approximate, based on the most recent quarterly holdings. The 30.0% 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
VGT vs QQQM: sector exposure side by side
Two funds can share few holdings yet still concentrate the same sectors. Here is how the top sectors compare (54.0% combined sector overlap).
| Sector | VGT | QQQM |
|---|---|---|
| Technology | 100.0% | 53.5% |
| Consumer Discretionary | 0.0% | 13.0% |
| Communication Services | 0.0% | 12.6% |
| Consumer Staples | 0.0% | 5.0% |
| Industrials | 0.0% | 4.6% |
| Healthcare | 0.0% | 4.3% |
The Verdict
Should you hold both VGT and QQQM?
VGT and QQQM share 30.0% of their top-10 weight across 6 common holdings. That is significant overlap: the funds reinforce the same bet, so combining them concentrates you more than it diversifies. Worth knowing before you size both as core positions.
FAQ
VGT vs QQQM overlap: common questions
How much do VGT and QQQM overlap?
VGT (Vanguard Information Technology) and QQQM (Invesco Nasdaq-100) overlap by approximately 30.0% of weight based on their top-10 holdings, with 54.0% sector overlap. They share 6 top-10 holdings: NVDA, AAPL, MSFT, AVGO, MU, AMD.
What stocks do VGT and QQQM both hold?
Both VGT and QQQM hold NVIDIA Corp (NVDA), Apple Inc (AAPL), Microsoft Corp (MSFT), Broadcom Inc (AVGO), Micron Technology (MU), Advanced Micro Devices (AMD) among their top positions. These shared names account for the 30.0% weight overlap.
Is it worth holding both VGT and QQQM?
VGT and QQQM share 30.0% of their top-10 weight across 6 common holdings. That is significant overlap: the funds reinforce the same bet, so combining them concentrates you more than it diversifies. Worth knowing before you size both as core positions.
What is the difference between VGT and QQQM?
VGT is a technology-sector fund (US Sector – Technology, 0.10% expense ratio) and QQQM is a large-cap growth fund (US Large-Cap Growth (Nasdaq-100), 0.15% expense ratio). VGT's top 10 is 59.8% of the fund; QQQM's is 47.7%.
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