QQQUS large-cap growth
Invesco QQQ Trust, Series 1
105holdings
0.18%annual fee
USmarket
Valuation97 companies covered
29.1×P / E93% by weight
8.90×P / B85% by weight
3.4%Earnings yield
ETF comparisons / QQQ vs SPY
US large-cap growth comparison · QQQ 2026-06-30 · SPY 2026-10-12
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 19 companies outside the overlap; SPY has 417.
Do QQQ and SPY overlap?
QQQ and SPY overlap by 52.4% by weight, across 85 shared companies.
SPYUS equity
State Street SPDR S&P 500 ETF Trust
505holdings
0.09%annual fee
USmarket
Valuation492 companies covered
27.0×P / E97% by weight
5.50×P / B84% by weight
3.7%Earnings yield
Price development
Both lines rebased to 0% over their shared dates
Largest shared positions
85 companies held in both funds
QQQ weight
SPY weight
| Shared company | QQQ | SPY |
|---|---|---|
| NVIDIA CORP NVDA | 7.58% | 8.12% |
| Apple Inc AAPL | 6.65% | 7.38% |
| ALPHABET INC GOOGL 2 share classes | 6.27% | 5.53% |
| ↳ ALPHABET INC-CL A GOOGL | 3.26% | 3.07% |
| ↳ ALPHABET INC-CL C GOOG | 3.02% | 2.46% |
| Microsoft Corp MSFT | 4.34% | 5.96% |
| AMAZON.COM INC AMZN | 4.01% | 3.78% |
| BROADCOM INC AVGO | 2.80% | 2.50% |
| META PLATFORMS INC-CLASS A META | 2.61% | 2.43% |
| Micron Technology Inc MU | 5.62% | 1.66% |
| TESLA INC TSLA | 3.29% | 1.58% |
| ADVANCED MICRO DEVICES AMD | 4.09% | 1.44% |
| WALMART INC. WMT | 2.39% | 0.75% |
| Intel Corp INTC | 3.03% | 0.75% |
| PALANTIR TECHNOLOGIES INC-A PLTR | 1.16% | 0.71% |
| CISCO SYSTEMS, INC. CSCO | 2.00% | 0.67% |
| Costco Wholesale Corp COST | 1.79% | 0.63% |
| Applied Materials Inc AMAT | 2.48% | 0.59% |
| LAM RESEARCH CORPORATION LRCX | 2.34% | 0.57% |
| Palo Alto Networks Inc PANW | 1.20% | 0.49% |
| NETFLIX INC NFLX | 1.30% | 0.44% |
| CROWDSTRIKE HOLDINGS INC - A CRWD | 0.84% | 0.40% |
| Texas Instruments Inc TXN | 1.17% | 0.38% |
| KLA Corp KLAC | 1.70% | 0.37% |
| MARVELL TECHNOLOGY, INC. MRVL | 1.13% | 0.35% |
| Amgen Inc AMGN | 0.84% | 0.33% |
| Linde PLC LIN | 1.04% | 0.33% |
QQQ and SPY questions
Based on the holdings compared above
How much do QQQ and SPY overlap?
QQQ and SPY overlap by 52.4% by weight, across 85 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 52.4% 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 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 29.1 and SPY has a weighted P/E of 27.0.
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