QQQUS large-cap growth
Invesco QQQ Trust, Series 1
105holdings
0.18%annual fee
USmarket
Valuation97 companies covered
28.8×P / E93% by weight
8.79×P / B85% by weight
3.5%Earnings yield
ETF comparisons / QQQ vs SMH
US large-cap growth comparison · Holdings dated 2026-06-30
QQQ vs SMH
Invesco QQQ Trust, Series 1 compared with VanEck Semiconductor ETF
Most company exposure is different between these funds.QQQ has 83 companies outside the overlap; SMH has 5.
Do QQQ and SMH overlap?
QQQ and SMH overlap by 37.4% by weight, across 21 shared companies.
SMHSemiconductors
VanEck Semiconductor ETF
26holdings
0.35%annual fee
USmarket
Valuation25 companies covered
31.5×P / E94% by weight
11.18×P / B100% by weight
3.2%Earnings yield
Price development
Both lines rebased to 0% over their shared dates
Largest shared positions
21 companies held in both funds
QQQ weight
SMH weight
| Shared company | QQQ | SMH |
|---|---|---|
| NVIDIA CORP NVDA | 7.58% | 17.56% |
| Micron Technology Inc MU | 5.62% | 5.68% |
| ADVANCED MICRO DEVICES AMD | 4.09% | 5.63% |
| Intel Corp INTC | 3.03% | 5.15% |
| BROADCOM INC AVGO | 2.80% | 5.28% |
| Applied Materials Inc AMAT | 2.48% | 5.74% |
| LAM RESEARCH CORPORATION LRCX | 2.34% | 5.32% |
| KLA Corp KLAC | 1.70% | 5.58% |
| Texas Instruments Inc TXN | 1.17% | 4.17% |
| MARVELL TECHNOLOGY, INC. MRVL | 1.13% | 4.67% |
| QUALCOMM Inc QCOM | 0.84% | 3.74% |
| ANALOG DEVICES, INC. ADI | 0.84% | 4.00% |
| ASML HOLDING NV EUR 0.09 ADR ASML | 0.79% | 5.04% |
| ARM Holdings PLC ARM | 0.65% | 1.17% |
| CADENCE DESIGN SYSTEMS, INC. CDNS | 0.45% | 2.15% |
| SYNOPSYS, INC. SNPS | 0.37% | 1.79% |
| Astera Labs Inc ALAB | 0.36% | 1.27% |
| TERADYNE INC TER | 0.33% | 1.50% |
| NXP Semiconductors N.V. NXPI | 0.31% | 1.15% |
| MONOLITHIC POWER SYSTEMS, INC. MPWR US | 0.29% | 1.22% |
| MICROCHIP TECHNOLOGY INCORPORATED MCHP | 0.21% | 0.90% |
QQQ and SMH questions
Based on the holdings compared above
How much do QQQ and SMH overlap?
QQQ and SMH overlap by 37.4% by weight, across 21 shared companies.
Which companies do QQQ and SMH both hold?
The largest companies held in both funds are NVIDIA CORP, Micron Technology Inc, ADVANCED MICRO DEVICES, Intel Corp, BROADCOM INC.
Can I hold both QQQ and SMH?
Holding both means 37.4% 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 QQQ or SMH cheaper?
QQQ has a 0.18% expense ratio and SMH has 0.35%.
How do QQQ and SMH compare on valuation?
QQQ has a weighted P/E of 28.8 and SMH has a weighted P/E of 31.5.
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