PBUS vs QQQ: fund overlap

ETF comparisons  /  PBUS vs QQQ

equity comparison · PBUS 2026-08-31 · QQQ 2026-06-30

PBUS vs QQQ

Invesco MSCI USA ETF compared with Invesco QQQ Trust, Series 1

The funds share a substantial core but differ outside it.PBUS has 432 companies outside the overlap; QQQ has 11.

Do PBUS and QQQ overlap?

PBUS and QQQ overlap by 51.3% by weight, across 93 shared companies.

PBUSequity

Invesco MSCI USA ETF

529holdings
0.04%annual fee
USmarket
Valuation508 companies covered
26.1×P / E95% by weight
5.32×P / B84% by weight
3.8%Earnings yield
PBUS holdings and fund profile
QQQUS large-cap growth

Invesco QQQ Trust, Series 1

105holdings
0.18%annual fee
USmarket
Valuation97 companies covered
27.0×P / E93% by weight
8.46×P / B85% by weight
3.7%Earnings yield
QQQ holdings and fund profile

Price development

Both lines rebased to 0% over their shared dates

Largest shared positions

93 companies held in both funds

PBUS weight QQQ weight
Shared companyPBUS QQQ
NVIDIA CORP NVDA
7.60%
7.58%
Apple Inc AAPL
6.93%
6.65%
ALPHABET INC GOOGL 2 share classes
5.25%
6.27%
↳ ALPHABET INC-CL A GOOGL2.94%3.26%
↳ ALPHABET INC-CL C GOOG2.31%3.02%
Microsoft Corp MSFT
5.33%
4.34%
AMAZON.COM INC AMZN
3.75%
4.01%
BROADCOM INC AVGO
2.48%
2.80%
META PLATFORMS INC-CLASS A META
1.87%
2.61%
Micron Technology Inc MU
1.61%
5.62%
TESLA INC TSLA
1.54%
3.29%
ADVANCED MICRO DEVICES AMD
1.14%
4.09%
WALMART INC. WMT
0.68%
2.39%
CISCO SYSTEMS, INC. CSCO
0.65%
2.00%
Costco Wholesale Corp COST
0.62%
1.79%
PALANTIR TECHNOLOGIES INC-A PLTR
0.60%
1.16%
Intel Corp INTC
0.59%
3.03%
LAM RESEARCH CORPORATION LRCX
0.56%
2.34%
Applied Materials Inc AMAT
0.54%
2.48%
NETFLIX INC NFLX
0.51%
1.30%
Palo Alto Networks Inc PANW
0.46%
1.20%
Texas Instruments Inc TXN
0.35%
1.17%
Amgen Inc AMGN
0.35%
0.84%
KLA Corp KLAC
0.34%
1.70%
CROWDSTRIKE HOLDINGS INC - A CRWD
0.34%
0.84%
Linde PLC LIN
0.34%
1.04%
Pepsico, Inc. PEP
0.28%
0.80%

PBUS and QQQ questions

Based on the holdings compared above

How much do PBUS and QQQ overlap?

PBUS and QQQ overlap by 51.3% by weight, across 93 shared companies.

Which companies do PBUS and QQQ both hold?

The largest companies held in both funds are NVIDIA CORP, Apple Inc, ALPHABET INC, Microsoft Corp, AMAZON.COM INC.

Can I hold both PBUS and QQQ?

Holding both means 51.3% of that part of your portfolio is the same companies counted twice. That can suit you or not depending on your goals; this tool reports the overlap rather than giving advice.

Is PBUS or QQQ cheaper?

PBUS has a 0.04% expense ratio and QQQ has 0.18%.

How do PBUS and QQQ compare on valuation?

PBUS has a weighted P/E of 26.1 and QQQ has a weighted P/E of 27.0.

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