QQQUS large-cap growth
Invesco QQQ Trust, Series 1
102holdings
0.18%annual fee
USmarket
Valuation97 companies covered
24.6×P / E96% by weight
7.03×P / B83% by weight
4.1%Earnings yieldinverse of P / E
ETF comparisons / QQQ vs SPY
US large-cap growth comparison · QQQ 2026-03-31 · SPY 2026-07-23
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 14 companies outside the overlap; SPY has 416.
SPYUS equity
State Street SPDR S&P 500 ETF Trust
512holdings
0.09%annual fee
USmarket
Valuation493 companies covered
24.5×P / E97% by weight
4.86×P / B84% by weight
4.1%Earnings yieldinverse of P / E
Largest shared positions
86 companies held in both funds
QQQ weight
SPY weight
| Shared company | QQQ | SPY |
|---|---|---|
| NVIDIA CORP NVDA | 8.69% | 7.92% |
| Apple Inc AAPL | 7.64% | 7.40% |
| ALPHABET INC GOOGL 2 share classes | 6.63% | 5.27% |
| ↳ ALPHABET INC-CL A GOOGL | 3.43% | 2.92% |
| ↳ ALPHABET INC-CL C GOOG | 3.20% | 2.36% |
| Microsoft Corp MSFT | 5.64% | 4.44% |
| AMAZON.COM INC AMZN | 4.59% | 3.58% |
| BROADCOM INC AVGO | 3.01% | 2.91% |
| META PLATFORMS INC-CLASS A META | 3.46% | 2.08% |
| Micron Technology Inc MU | 2.15% | 1.75% |
| TESLA INC TSLA | 3.81% | 1.41% |
| ADVANCED MICRO DEVICES AMD | 1.88% | 1.38% |
| WALMART INC. WMT | 3.44% | 0.74% |
| Intel Corp INTC | 1.25% | 0.74% |
| Applied Materials Inc AMAT | 1.54% | 0.70% |
| CISCO SYSTEMS, INC. CSCO | 1.74% | 0.70% |
| Costco Wholesale Corp COST | 2.50% | 0.64% |
| LAM RESEARCH CORPORATION LRCX | 1.51% | 0.63% |
| NETFLIX INC NFLX | 2.30% | 0.45% |
| KLA Corp KLAC | 1.09% | 0.45% |
| PALANTIR TECHNOLOGIES INC-A PLTR | 1.90% | 0.44% |
| Palo Alto Networks Inc PANW | 0.74% | 0.41% |
| Texas Instruments Inc TXN | 1.00% | 0.41% |
| Linde PLC LIN | 1.30% | 0.37% |
| SEAGATE TECHNOLOGY HOLDINGS PUBLIC LIMITED COMPANY STX | 0.48% | 0.32% |
| Amgen Inc AMGN | 1.07% | 0.31% |
| WESTERN DIGITAL CORPORATION WDC | 0.52% | 0.30% |
QQQ and SPY questions
Based on the holdings compared above
How much do QQQ and SPY overlap?
QQQ and SPY overlap by 52.8% 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 52.8% 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 24.6 and SPY has a weighted P/E of 24.5.
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