QQQUS large-cap growth
Invesco QQQ Trust, Series 1
105holdings
0.18%annual fee
USmarket
Valuation97 companies covered
29.2×P / E93% by weight
8.88×P / B85% by weight
3.4%Earnings yield
ETF comparisons / QQQ vs SPY
US large-cap growth comparison · QQQ 2026-06-30 · SPY 2026-08-27
QQQ vs SPY
Invesco QQQ Trust, Series 1 compared with State Street SPDR S&P 500 ETF Trust
The funds share a substantial core but differ outside it.QQQ has 18 companies outside the overlap; SPY has 415.
SPYUS equity
State Street SPDR S&P 500 ETF Trust
504holdings
0.09%annual fee
USmarket
Valuation493 companies covered
26.6×P / E98% by weight
5.27×P / B85% by weight
3.8%Earnings yield
Price development
Both lines rebased to 0% over their shared dates
Largest shared positions
86 companies held in both funds
QQQ weight
SPY weight
| Shared company | QQQ | SPY |
|---|---|---|
| NVIDIA CORP NVDA | 7.58% | 8.29% |
| Apple Inc AAPL | 6.65% | 6.94% |
| ALPHABET INC GOOGL 2 share classes | 6.27% | 5.40% |
| ↳ ALPHABET INC-CL A GOOGL | 3.26% | 3.00% |
| ↳ ALPHABET INC-CL C GOOG | 3.02% | 2.40% |
| Microsoft Corp MSFT | 4.34% | 5.64% |
| AMAZON.COM INC AMZN | 4.01% | 3.77% |
| BROADCOM INC AVGO | 2.80% | 2.64% |
| META PLATFORMS INC-CLASS A META | 2.61% | 1.88% |
| Micron Technology Inc MU | 5.62% | 1.58% |
| TESLA INC TSLA | 3.29% | 1.50% |
| ADVANCED MICRO DEVICES AMD | 4.09% | 1.17% |
| Intel Corp INTC | 3.03% | 0.68% |
| WALMART INC. WMT | 2.39% | 0.68% |
| CISCO SYSTEMS, INC. CSCO | 2.00% | 0.67% |
| PALANTIR TECHNOLOGIES INC-A PLTR | 1.16% | 0.64% |
| Costco Wholesale Corp COST | 1.79% | 0.62% |
| LAM RESEARCH CORPORATION LRCX | 2.34% | 0.60% |
| Applied Materials Inc AMAT | 2.48% | 0.58% |
| NETFLIX INC NFLX | 1.30% | 0.50% |
| Palo Alto Networks Inc PANW | 1.20% | 0.47% |
| Texas Instruments Inc TXN | 1.17% | 0.36% |
| KLA Corp KLAC | 1.70% | 0.36% |
| Amgen Inc AMGN | 0.84% | 0.35% |
| CROWDSTRIKE HOLDINGS INC - A CRWD | 0.84% | 0.35% |
| Linde PLC LIN | 1.04% | 0.34% |
| SANDISK CORPORATION SNDK | 1.45% | 0.33% |
QQQ and SPY questions
Based on the holdings compared above
How much do QQQ and SPY overlap?
QQQ and SPY overlap by 51.7% by weight, across 86 shared companies.
Which companies do QQQ and SPY 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 QQQ and SPY?
Holding both means 51.7% 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 SPY cheaper?
QQQ has a 0.18% expense ratio and SPY has 0.09%.
How do QQQ and SPY compare on valuation?
QQQ has a weighted P/E of 29.2 and SPY has a weighted P/E of 26.6.
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