How much do QQQ and SPY overlap?

The weighted-overlap result uses the smaller portfolio weight for each reliably matched shared holding. Review the data timestamp and coverage states with the percentage.

Is QQQ or SPY more diversified?

Diversification cannot be decided from the shared-holding count alone. Compare unique holdings, concentration, sector, country, and market-cap-style exposure together.

Should I own both QQQ and SPY?

That depends on whether the duplicated exposure is intentional. The 50/50 portfolio view shows how much of a combined allocation is shared, but it is not personalized investment advice.

How many holdings do QQQ and SPY share?

QQQ and SPY share 88 reliably matched holdings in the stored snapshots. Check both provider dates and identified coverage before treating the count as complete.

Can AI predict whether QQQ or SPY will perform better?

No. AI cannot predict whether QQQ or SPY will perform better. This page measures current holdings exposure and does not compare future returns or recommend a winner.

ETF Overlap Tool

QQQ vs SPY ETF Overlap

Snapshot overlap answer

QQQ and SPY share 88 matched holdings in the stored snapshots. Their weighted holdings overlap is 52.6%. QQQ has 94.6% in common holdings, while SPY has 52.6%. The holdings dates are Jul 29, 2026 and Jul 29, 2026.

Compare ETF holdings

Enter two different ETF tickers. The base comparison uses a 50% and 50% model, which you can change after the result loads.

Examples: VOO and VTI, QQQ and VGT, or SCHD and VYM.

Data dates and coverage

Complete

Each ETF keeps its own FMP update time. Pineify does not replace different timestamps with a single date. Result retrieved Jul 30, 2026, 05:02 AM UTC.

QQQ: Updated Jul 29, 2026, 03:07 AM UTC; Identified coverage: 99.9%; Positive long weight: 100.1%. Identified long: 100.0%.; Signed source weight: 100.0%. Unmatched long: 0.1%.; Excluded negative weight: 0.1%.
SPY: Updated Jul 29, 2026, 05:07 PM UTC; Identified coverage: 100.0%; Positive long weight: 100.0%. Identified long: 100.0%.; Signed source weight: 100.0%. Unmatched long: 0.0%.

Shared holdings: 88; Resolved holding identities present in both ETF snapshots.
Weighted overlap: 52.6%; Sum of the smaller weight for each shared holding.
QQQ common exposure: 94.6%; Share of QQQ invested in holdings that also appear in SPY.
SPY common exposure: 52.6%; Share of SPY invested in holdings that also appear in QQQ.

Top shared holdings

Ranked by the smaller weight contributed by the two ETFs.

Complete

Shared holdings for QQQ and SPY
Holding	QQQ weight	SPY weight	Overlap slice
AAPLApple Inc	8.43%	7.80%	7.80%
NVDANVIDIA Corp	8.04%	7.45%	7.45%
MSFTMicrosoft Corp	4.93%	4.56%	4.56%
AMZNAmazon.com Inc	4.19%	3.53%	3.53%
GOOGLAlphabet Inc	3.28%	3.06%	3.06%
AVGOBroadcom Inc	3.05%	2.82%	2.82%
GOOGAlphabet Inc	3.06%	2.45%	2.45%
METAMeta Platforms Inc	2.96%	2.03%	2.03%
MUMicron Technology Inc	4.31%	1.45%	1.45%
TSLATesla Inc	2.59%	1.35%	1.35%
AMDAdvanced Micro Devices Inc	3.45%	1.16%	1.16%
WMTWalmart Inc	2.57%	0.77%	0.77%
CSCOCisco Systems Inc	2.12%	0.71%	0.71%
COSTCostco Wholesale Corp	2.00%	0.67%	0.67%
INTCIntel Corp	2.02%	0.64%	0.64%

Top unique holdings

These resolved holdings appear on one side of the current snapshots, not both.

Unique to QQQ

SPCXSpace Exploration Technologies Corp1.04%
SHOPShopify Inc0.74%
ASMLASML Holding NV0.68%
ARMARM Holdings PLC0.48%
MELIMercadoLibre Inc0.44%
PDDPDD Holdings Inc0.27%
CCEPCoca-Cola Europacific Partners PLC0.23%
ALABAstera Labs Inc0.21%
No tickerFerrovial NV0.21%
TRIThomson Reuters Corp0.18%

Unique to SPY

LLYELI LILLY + CO1.51%
JPMJPMORGAN CHASE + CO1.50%
BRK-BBERKSHIRE HATHAWAY INC CL B1.47%
JNJJOHNSON + JOHNSON1.00%
XOMEXXONMOBIL HOLDINGS CORP0.99%
VVISA INC CLASS A SHARES0.95%
ABBVABBVIE INC0.73%
MAMASTERCARD INC A0.71%
BACBANK OF AMERICA CORP0.64%
UNHUNITEDHEALTH GROUP INC0.61%

Sector overlap

Sector weights are compared by normalized provider labels. Unknown weight is not reassigned.

70.0%Complete

QQQ classification coverage: Classified ratio: 100.0%. Unknown weight: 0.0%.
SPY classification coverage: Classified ratio: 100.0%. Unknown weight: 0.0%.

Sector overlap for QQQ and SPY
Bucket	QQQ	SPY	Overlap
Information Technology	60.93%	38.42%	38.42%
Communication Services	13.07%	9.23%	9.23%
Consumer Discretionary	10.68%	8.76%	8.76%
Consumer Staples	6.25%	4.55%	4.55%
Health Care	3.56%	9.07%	3.56%
Industrials	2.70%	8.29%	2.70%
Utilities	1.14%	2.26%	1.14%
Materials	1.04%	1.69%	1.04%
Energy	0.45%	3.38%	0.45%
Financials	0.17%	12.15%	0.17%
Cash & Others	0.01%	0.30%	0.01%
Real Estate	0.00%	1.90%	0.00%

Country overlap

Country exposure uses the current provider classification for each ETF.

95.7%Complete

QQQ classification coverage: Classified ratio: 100.0%. Unknown weight: 0.0%.
SPY classification coverage: Classified ratio: 100.0%. Unknown weight: 0.0%.

Country overlap for QQQ and SPY
Bucket	QQQ	SPY	Overlap
United States	94.27%	97.26%	94.27%
United Kingdom	1.82%	0.45%	0.45%
Singapore	0.78%	0.32%	0.32%
Other	0.35%	0.30%	0.30%
Ireland	0.27%	1.15%	0.27%
Netherlands	1.15%	0.11%	0.11%
Canada	0.92%	0.02%	0.02%
Uruguay	0.44%	0.00%	0.00%
Switzerland	0.00%	0.31%	0.00%
Bermuda	0.00%	0.08%	0.00%

Market-cap style overlap

Applicable equity holdings are grouped by Pineify v1 market-cap thresholds. Bonds, cash, and derivatives are excluded.

99.0%Complete

QQQ classification coverage: Classified ratio: 99.3%. Unknown weight: 0.7%.
SPY classification coverage: Classified ratio: 100.0%. Unknown weight: 0.0%.

Market-cap style overlap for QQQ and SPY
Bucket	QQQ	SPY	Overlap
Large cap	98.96%	99.59%	98.96%
Unclassified	0.68%	0.00%	0.00%
Mid cap	0.00%	0.12%	0.00%

Model your whole-portfolio exposure

Enter each ETF as a share of the whole portfolio. Pineify keeps any remainder unmodeled and does not rescale the inputs.

QQQ allocation (%)SPY allocation (%)

0% remains outside this two-ETF model.

Shared exposure: 73.6%; Combined exposure to holdings present in both ETFs.
Duplicate slice: 26.3%; The smaller scaled position for every shared holding.
Unmodeled remainder: 0.0%; Portfolio weight outside the two entered ETFs.

Method

Weighted overlap is the sum of the smaller holding weight for every matched security.
Pineify retains valid ISIN, CUSIP, and symbol aliases. Matching proceeds in stages and only accepts unique, non-conflicting identities. Names are not fuzzy matched.
Common exposure is calculated separately for each ETF. It is not the same metric as weighted overlap.
Negative weights are reported separately and excluded from the long-only overlap calculation.
Market-cap style uses Pineify methodology v1: small below $2 billion, mid from $2 billion to below $10 billion, and large at $10 billion or more. Market-cap data older than seven days is stale and the affected weight remains unclassified.

Methodology version: holdings-overlap-v1

Sources and warnings

FMP etf-holdings for QQQProvider time: Jul 29, 2026, 03:07 AM UTC. Retrieved Jul 30, 2026, 05:02 AM UTC.
FMP etf-info for QQQProvider time: Jul 30, 2026, 03:10 AM UTC. Retrieved Jul 30, 2026, 05:02 AM UTC.
FMP etf-sector-weightings for QQQProvider time: No provider timestamp. Retrieved Jul 30, 2026, 05:02 AM UTC.
FMP etf-country-weightings for QQQProvider time: No provider timestamp. Retrieved Jul 30, 2026, 05:02 AM UTC.
FMP etf-holdings for SPYProvider time: Jul 29, 2026, 05:07 PM UTC. Retrieved Jul 30, 2026, 05:02 AM UTC.
FMP etf-info for SPYProvider time: Jul 30, 2026, 12:27 AM UTC. Retrieved Jul 30, 2026, 05:02 AM UTC.
FMP etf-sector-weightings for SPYProvider time: No provider timestamp. Retrieved Jul 30, 2026, 05:02 AM UTC.
FMP etf-country-weightings for SPYProvider time: No provider timestamp. Retrieved Jul 30, 2026, 05:02 AM UTC.
FMP market-capitalization-batchProvider time: No provider timestamp. Retrieved Jul 30, 2026, 05:02 AM UTC.

Data notes

Negative holding weight is reported separately and excluded from long-only overlap.
Some positive holding weight did not have a reliable security identity.
Holding tables show the highest-weight rows; calculations use every resolved holding.
2 market-cap observations were too old for current style classification.
The two ETF holdings snapshots have different FMP update times.

What this QQQ and SPY result means

Holding count and weight answer different questions

The shared count shows how many resolved holding identities appear on both sides. Weighted overlap shows how much of the smaller position lines up for each shared security.

This is not a performance comparison

The page does not compare fees, liquidity, tracking error, taxes, or historical returns. Use those factors in a separate fund review before making an investment decision.

Published pair pages

Open the ETF Overlap tool

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ETF overlap questions

A next step after overlap

Put the duplicate exposure in research context

ETF overlap explains portfolio composition. Finance Agent can help you inspect the funds, sectors, and holdings behind the result. It does not turn overlap into a buy or sell recommendation.

Research with Finance Agent Open portfolio analysis

Pineify ETF Overlap is an information tool, not investment advice. The analysis does not compare fees, liquidity, past performance, or expected returns, and it does not recommend one ETF over another. Data can be incomplete or delayed. No tool or AI system can predict ETF prices or guarantee a return.